financial performance
-
Business
KRN Heat Exchanger IPO Allotment Expected on September 30, Listing on October 3
The initial public offering (IPO) of KRN Heat Exchanger, a manufacturer of heat exchanger tubes, has garnered significant interest from retail and non-institutional investors. The IPO opened for subscription on Wednesday, September 25, with a goal to raise approximately ₹342 crore. Prior to the public offering, the company secured ₹100.10 crore from 10 anchor investors, allocating 45.5 lakh shares at…
Read More » -
Investing
Akums Drugs and Pharamaceuticals IPO Oversubscribed 63.5 Times, Strong Market Debut Expected
Akums Drugs and Pharmaceuticals, a leading name in the Indian pharmaceutical industry, is poised for its much-anticipated debut on the stock exchanges this Tuesday. With a robust subscription rate and a significant Grey Market Premium (GMP), the company’s initial public offering (IPO) has garnered substantial investor interest. Here are five key points about Akums’ IPO and its market debut: Strong…
Read More » -
Business
Adani Power Reports Stellar Q2 FY24 Results: Revenue Soars 61%
Consolidated power sale volume at 18.1 Billion Units (BU) in Q2 FY24, up by 65% from 11 BU in Q2 FY23 due to improved power demand and higher operating capacity. Consolidated continuing total revenue for Q2 FY24 higher by 61% at Rs. 12,155 Crore vs Rs. 7,534 Crore in Q2 FY23; mainly due to greater sales volumes. Consolidated continuing EBITDA…
Read More »
