News Overview

Brainbees' IPO includes fresh issuance of shares worth ₹1,816 crore and an offer-for-sale of 5,43,91,592 equity shares by existing shareholders.

For the quarter ended June 2024, the company's total sales increased by 13.5% to 15.35 lakh units, compared to 13.52 lakh units.

Gross non-performing assets (GNPAs) were reported 1.47% in the fourth quarter, compared to 1.22% in the third quarter of FY24.

Fenofibrate is a drug used to treat high cholesterol and triglyceride levels in the blood, which helps with cardiovascular health management.

The BSE SmallCap index is showing a slight increase of 0.039%, while the BSE MidCap index is down by 0.68%.

The company saw a 10.8% year-on-year increase in sales volume, reaching 85,674 metric tonnes (MT), compared to 77,342 MT in Q1 FY24.

Logistics play a crucial role in this, and improvements in logistics are likely to provide India with a significant advantage on the international stage.

According to Godrej Properties, this is their most successful launch in terms of sales value and volume.

Hindenburg said in a statement that it received an email from SEBI on June 27 and then a show cause notice describing possible violations of Indian regulations.

Kia India reported 126,137 unit sales in the first half of the year, reflecting a 6% growth compared to the same period last year.