Jan 22, 2021
By: Navdeep YadavAnalysts expect a rebound in petrochemical segment
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The ₹1,000 crore IPO was subscribed 7 times over the offer on day two.
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Home First Finance IPO is off to a flying start. The issue has been subscribed 1.04 times on day one.
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Despite a 7 percent revenue growth, its profit was down 19 percent in the third quarter.
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The credit card major set aside more money fearing a rise in bad loans
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Strong demand, cost cutting boost profit, revenue was up only 26 percent
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The production of mined zinc in India rose 4 percent to 2,44,000 tonnes in the third quarter.
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The bank’s gross non-performing assets dropped to 4.90 percent from 4.96 percent earlier.
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