News Overview

In terms of financial performance, Go Digit reported a notable increase in net profit, reaching ₹1,290 Crore for the nine months ended FY24

The completion of the share transfer must be reported to IRDA with all details submitted post-transaction.

Consumer Inflation for April 2024 was led lower by fuel inflation and core inflation

The IPO comprised a combination of fresh equity worth ₹400 Crore and an offer for sale (OFS) of up to 1.25 crore shares by promoters and investors.

The IPO, comprising a fresh equity issue worth up to ₹1,000 Crore and an offer for sale (OFS) of up to ₹2,000 Crore, attracted significant investor interest, closing nearly 26 times oversubscribed.

On May 10, Cipla announced a 10% increase in revenue to ₹6,163 Crore and a 79% increase in fourth-quarter profit to ₹939 Crore.

The moderate pace of increase in April was caused by a high base brought on by the rapid growth in the previous two years, which impacted the year-over-year comparison.

Despite the ban in the F&O segment, these stocks can still be traded in the cash market

According to exchange filings on May 14 evening, the company allotted 4.32 Crore shares at ₹272 apiece to these anchor investors.

Check out the price of Petrol and Diesel in your city today.