News Overview

As part of this offer, there is an offer for sale of up to 11.05 million Equity Shares.

On a quarter-on-quarter basis, the company’s net profit slipped 30.90% against ₹4,649 Crore in the previous quarter.

Praj informed the bourses that it has also established a Centre of Excellence (CoE) and Innovation for Biopolymers in collaboration with ICT Mumbai.

This is the first such announcement by the company in over a period of nine years that the company will be issuing bonus shares.

Here are some of the stocks that may see significant price movement today: Bajaj Finance, BPCL, Praj Industries, etc.

The board of directors of the company has proposed a final dividend of ₹7.50 per share for the year ended March 31, 2024

The growth in revenue was aided by a steep increase in demand for products such as Current Account Savings Account (CASA) and Cash Management Services (CMS)

The Gross Written Premium (GWP) in the March quarter was at ₹2,652 crore, indicating a robust 13.5% rise year-on-year.

The net profit of CSB Bank for the March quarter increased to ₹190 crore, from ₹151.5 crore reported last year during the corresponding period.

Total income of the bank also picked up solidly by 24.03% year on year at ₹1,960.71 crore in Q4 FY25 versus ₹1,580.82 crore in the same quarter last year.