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Stealth • 8d

Jp Associates shares in focus today; here's why Jaiprakash Associates shares: The stock climbed 4.88 per cent to close at Rs 6.66 apiece on Tuesday. The scrip has lost 68.89 per cent of its value in 2024 so far. It hit a 52-week high of Rs 27.17 in February this year.Shares of Jaiprakash Associates Ltd (JP Associates) are in focus on Wednesday morning after a media report suggested that the debt-laden company offered Rs 16,000 crore to lenders as settlement offer in a bid to avoid bankruptcy.As per the proposal, JP Associates offered to pay an upfront amount of Rs 4,000 crore, nine months from the date lenders agree to the settlement, The Economic Times reported quoting people aware of the negotiations. For this, JP Associates plans to bring in investors and selling some of its assets. Out of the remaining Rs 12,000 crore payment, a majority payment is seen coming in only after three years, ET quoted two people aware of the details as saying. Thanks..

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Shreyas Ramdasi

Stealth • 7m

FMCG major Marico shares zoom nearly 10% after Q4 earnings The company’s stock jumped 9.73 per cent to Rs 582.75 on the BSE and zoomed 9.83 per cent to Rs 582.45 apiece on the NSE. Shares of FMCG major Marico Ltd advanced nearly 10 per cent on Tuesda

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Mahendra Lochhab

Stealth • 1m

X (formerly Twitter) reported total annual revenue of Rs 21.16 crore for FY23-24 in the Indian market, a significant decrease of 89.81 per cent from Rs 207.69 crore in FY 2022-23.

6 replies9 likes

Muttu Havalagi

Stealth • 3m

🚨India's GDP grows by 6.7 per cent in April-June quarter this fiscal against 8.2 per cent a year ago

1 replies14 likes

Varun Jeph
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The NineHertz • 4d

Indians Are Losing Rs 41 Crore Every Day To Cyber Crimes: As per the data from the Indian Cyber Crime Coordination Centre (I4C), a division of the Ministry of Home Affairs, India suffered cyber fraud losses amounting to Rs 11,333 crore in the first

0 replies3 likes

Anonymous

Stealth • 4m

Deepinder Goyal-led Zomato's revenue rose 74% year-on-year to Rs 4,206 crore in Q1FY25. Meanwhile, the company's net profit jumped to Rs 253 crore. During the same quarter last year, Zomato posted a net profit of Rs 2 crore and a revenue of Rs 2,

3 replies21 likes

Tushar Aher Patil

Stealth • 1m

Ritesh Agarwal-led hospitality giant OYO recorded a net profit of Rs 158 crore and revenue of Rs 1,578 crore in Q2 FY25, PTI reported. This marks a significant turnaround, as the company had posted a net loss of Rs 50 crore during the same period la

0 replies4 likes

financialnews

Stealth • 1m

Tata Power acquires 40% stake in Khorlochhu Hydro Power for Rs 830 cr . . . On August 6, the Board of Directors of The Tata Power Company Limited approved a proposal for the acquisition of a 40 per cent equity stake in Khorlochhu Hydro Power Limited

0 replies4 likes

Anonymous

Stealth • 5m

Newly-listed online travel ticket booking platform ixigo has reported a significant 212% increase in net profit, rising from Rs 23.4 crore in FY23 to Rs 73.1 crore in FY24. The company's operating revenue also grew by 31% during the same period, fr

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financialnews

Stealth • 1m

JSW Steel Q2 Results: 84% YoY Decline in PAT to Rs 439 Crore, Revenue Falls 11% JSW Steel Ltd Q2 Results: Net Profit Drops 84% YoY to Rs 439 Crore; Revenue Falls 11% to Rs 39,684 Crore. One-Time Charge of Rs 342 Crore Impacts Earnings; Operating EBI

0 replies1 like

Anonymous

Stealth • 4m

Bengaluru-based Ola Electric Mobility has set a price band of Rs 72-76 per share for its IPO, which will open for subscription on Friday, August 2. This values the company at Rs 33,522 crore or $4 billion, marking a 30% decrease from its December 2