Γ’β¬ΕThe company registered strong VASP (Value-added & Special Products) volume, with the share of VASP at 60% vs 51% in Q2 FY2021, driven by increased domestic sales to automotive, solar and appliance segments,Γ’β¬Β JSW Steel said in a media statement on Thursday.
In another transaction, Trinity Opportunity Fund bought 4.6 million shares of Vista Steel at Rs. 15.9 apiece through a bulk deal on the NSE.
Sebi noted that Lingamaneni and Yerramalla had transacted in the scrip of the company on multiple occasions, including during the investigation period (January-March 2019).
The Reserve Bank of India (RBI) board is now considering such a proposal as the existing limit of Rs 90,630 crore has been exhausted. An additional limit of up to Rs 40,000 crore may be added.
The Rs 5,200-crore Nykaa IPO includes a fresh issue of stock worth as much as Rs 630 crore and an offer for sale for 43.11 million shares. The price band for the offering will be decided by early next week.
The company is looking to raise the additional funds in one or more tranches through any of the permissible modes, Lodha said in a regulatory filing.
Net profit increased to Rs 447 crore in the quarter ended September 2021 from Rs 416 crore a year earlier led by a 32 per cent growth in net premium earned and a 35 per cent increase in net income from investments.
Friday is likely to see a stable start to the day; we might see the markets trying to stabilize themselves and attempt a technical pullback.
"IPL fan tokens are on the cards, and are likely to be powered by Polygon,Γ’β¬Β a source said on condition of anonymity. An official announcement is likely to be made by December, said another source.
Standalone profit for the quarter stood at Rs 278 crore compared to Rs 196 crore in the corresponding quarter last year. Revenue grew by 22 per cent to Rs 5,619 crore as against Rs 4,605 crore last year.
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