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Stealth • 2m

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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Recommendations from Medial

Shreyas Ramdasi

Stealth • 9m

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 • 3m

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

Mahendra Lochhab

Stealth • 10d

In 2024, Indians bought 883 million movie tickets, 6 per cent fewer than in the previous year. They spent over Rs 11,800 crore on those tickets, about 3 per cent less than in 2023.

0 replies3 likes

Muttu Havalagi

Stealth • 5m

🚨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

Mahendra Lochhab

Stealth • 1m

The growth in assets of non-banking finance companies (NBFCs) in India is expected to sharply decline to 15-17 per cent year-on-year (Y-o-Y) in the current and next financial year from 23 per cent in FY24.

0 replies2 likes

Anonymous

Stealth • 6m

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 • 3m

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 • 3m

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

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Mahendra Lochhab

Stealth • 1m

In December 2024, the monthly SIP crossed Rs 26 thousand crore. In December 2023, it was Rs 17,610 crore, which increased by 50.25% to Rs 26,459 crore last month.

3 replies4 likes

Chamarti Sreekar

Stealth • 21d

Adil Qadri's perfume brand, AdilQadri, is currently valued at approximately 200 crores. The brand has experienced substantial revenue growth, increasing from Rs 5.3 crore in the fiscal year 2020-21 to Rs 10 crore in 2021-22, and further rising to R