News Overview

The IPO consists of a new issue of up to 65 lakh shares and an offer for sale (OFS) of up to 35 lakh equity shares by the promoter group.

The markets will be closed tomorrow in observance of Independence Day.

The company's consolidated revenue from operations for the April-June quarter rose 11%, amounting to ₹4,348 Crore, up from ₹3,915 Crore a year ago.

The company’s profit after tax (PAT) saw a substantial 29% increase, highlighting its strong financial performance.

Net profit surged by 83% year-over-year (YoY) to Rs 305 crore, compared to Rs 167 crore in Q1 FY24.

Vedanta shares down 2.5%, while Hindustan Zinc, MOIL, and MMTC were all down 4%.

This decision was made during the sixth governing body meeting of the National Mineral Exploration Trust in New Delhi.

Market breadth indicates mixed sentiment with 1,285 shares advancing, 2,054 shares declining, and 87 shares remaining unchanged.

Delhi Airport recorded a 7.16% increase in passenger traffic, reaching 19.3 million passengers in Q1 FY25, compared to 18.02 million in the same quarter last year.

This decision follows the court's July judgment affirming the states' rights to impose taxes and royalties on mining