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Latest Stock Market News

PGInvIT reports Rs 3.63 cr loss in April-September

Updated at : 2021-11-10 02:20:01

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Total income during the six month period is Rs 522.53 crore.

Its revenue from contracts with customers during July-September 2021 went up by 5.67 per cent to Rs 727.81 crore, compared with Rs 688.73 crore in the year-ago period.

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A meeting of the rights issue committee of the company held on Tuesday approved issuance of 13,21,39,827 fully-paid up equity shares each for an amount aggregating to Rs 1,982.10 crore, IHCL said in a regulatory filing.

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Revenue jumped 70 per cent to Rs 10,894.72 crore on the back of a surge in international energy prices.

Deutsche Bank AG today sold 20.8 million shares of Ballarpur Industries at Rs. 1.1 apiece through a bulk deal on the National Stock Exchange.

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The company’s consolidated revenue from operations was at Rs 842.6 crore, up 30% year-on-year. The company’s cement business yielded a revenue of Rs 834.20 crore, up 42% year-on-year and its Rayon and chemical business yielded revenue of 8.4 crores.

On Wednesday, 18100 and 18165 levels are likely to act as immediate resistance points for Nifty50. The supports come in at 18000 and 17930.

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The Dow Jones Industrial Average fell 27.69 points, or 0.08 per cent, at the open to 36,404.53.

The NBFC, backed by TPG Capital, Sequoia, Matrix Partners, Norwest Venture, KKR, and TVS Capital, is looking at a valuation of more than $ 3 billion, said one of the people quoted above.

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While Torrent Power is looking to raise about Rs 800 crore, Avaada Energy may sell local bonds up to Rs 1,400 crore.

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