News Overview

Shares of ESAF Small Finance Bank (SFB) has witnessed a 23% dip in the last one year, and 22% dip since the beginning of this year.

Quarter-on-quarter (QoQ) growth in total business was 1.13%, reaching ₹4,71,563 Crore in Q1 FY25 from ₹4,66,278 Crore on 31 March 2024.

The merger would allow SAIL to avoid a massive capital expenditure of ₹1 lakh crore for organic expansion, managing with minimum capex instead.

The company's ₹745-Crore public offering got bids for more than 67 Crore equity shares, outnumbering the offer size of 2.14 Crore equity shares by 31.25 times.

The stock has experienced a total dip of 4% over the past year and since the beginning of the year.

The categories earmarked for NII and QIB investors received the most subscriptions, at 47.98 and 193.06 times, respectively.

Indian stock markets ended with minimal changes on July 5th, despite experiencing volatility throughout the day.

The stock has gained a total of 119% in the last one year, and 87% since the beginning of the year.

On Thursday, the corporate board approved the demerger of the real estate business into a wholly-owned subsidiary Raymond Realty Limited.

The finance minister is expected to announce increased funding and incentives to support research, digital infrastructure, and skill development by the school sector.