Nov 15, 2021
By: Rounak JainShares of the Policybazaar operator will debut on the stock exchanges today. The ₹5,625 crore IPO was subscribed over 16 times and has a grey market premium of ₹150 per share.
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Shares of the largest maker of Microcrystalline Cellulose will debut on the stock exchanges today. The ₹125 crore IPO was subscribed 102 times and has a grey market premium of ₹230 per share.
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Reported a 96 percent decline in net profit to ₹1.2 crore days after making a bumper listing on the stock markets with a 79 percent premium. Revenue surged 47 percent year-on-year to ₹885 crore.
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Its independent directors have written to the Competition Commission of India, alleging that Amazon misled the regulators while seeking approval for the acquisition of Future Group.
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Reported the highest quarterly profit for any Indian company at ₹18,348 crore, aided by the shift to a lower tax regime that reduced the deferred tax by ₹8,541 crore.
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Its net profit fell 17 percent to ₹794 crore in the September quarter while revenue declined 12 percent to ₹8,453 crore, year-on-year.
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Bagged the allotment of 900 acres of land in Haryana’s Kharkhoda, where the company will set up its new manufacturing plant, boosting its manufacturing capacity to 2 million cars a year.
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Reported a marginal decline of 0.6 percent in net profit to ₹2,933 crore in the September quarter, while revenue surged 10 percent to ₹23,291 crore, year-on-year.
Credit: BCCL
Parle Industries, Silver Oak, East India Securities, Hemadri Cements, Binani Industries, Containerway International, Essar, GCCL Construction, among others.
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