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Sobha Limited Witnessed a Growth of 21.8% in Sales Value During FY2024

Sobha Limited Witnessed a Growth of 21.8% in Sales Value During FY2024

5 April 2024

On April 05, 2024, Sobha Ltd released its operational update for the quarter ended March 31, 2024. The company reported consistent sales for the quarter, reaching a value of ₹15.04 billion at an average price realisation of ₹11,230 per square foot. Due to the success of SOBHA Neopolis, which opened in Q3 of FY2024, Bangalore’s …

ABFRL’s strategic move to demerge: would it unlock the potential of the company?

ABFRL’s strategic move to demerge: would it unlock the potential of the company?

5 April 2024

Aditya Birla Fashion and Retail Ltd. (ABFRL) has announced a strategic move that could reshape its future. The company plans to vertically demerge its Madura Fashion & Lifestyle business into a separate listed entity. This decision, authorized by the Board of Directors, aims to create two independent growth engines with distinct value creation trajectories and …

Prestige Estates Paid ₹450 Crore For The Acquisition of Land

Prestige Estates Paid ₹450 Crore For The Acquisition of Land

5 April 2024

On April 04, 2024, a leading real estate developer in India, Prestige Group, announced through an exchange filing about the acquisition of ~21 acres of prime land in Whitefield, Bengaluru. The company has paid ₹450 crore in the form of consideration for the acquisition of land. The company further stated that the acquired land would …

HDFC Bank ADR Shoots Up after Q4 Updates  – Brokrages Upgrade the Stock

HDFC Bank ADR Shoots Up after Q4 Updates – Brokrages Upgrade the Stock

5 April 2024

HDFC Bank released its Q4 Updates and the market was happy about the numbers what they say, this comes after between January and February the stock fell as much as 18% in a few trading sessions citing the NIMs contraction with the bank and when the latest updates of the bank came in market rallied …

Best Stocks to Invest in 2024 in India

Best Stocks to Invest in 2024 in India

31 January 2024

Hey there, savvy investors! If you’re ready to navigate the exciting world of the stock market and make your money work for you in 2024, you’ve come to the right place. In this article, we’ll delve into some of the best stocks to consider for 2024, providing you with insights that will help you make …

Market Movers: Here are today’s high-volume buzzers!

Market Movers: Here are today’s high-volume buzzers!

5 April 2024

Today, domestic indices experienced downward movement, affected by declines in the energy, capital goods, metals, and telecommunications sectors. However, amidst this downturn, the real estate and healthcare sectors demonstrated notable resilience, standing out in the market despite the overall weakness. The broader indices significantly outpaced the main indices by a considerable margin. At 10:20 am, …

HDFC Bank’s 3.03% Equity Divestment in Indraprastha Medical Corp

HDFC Bank’s 3.03% Equity Divestment in Indraprastha Medical Corp

5 April 2024

On April 4, 2024, HDFC Bank Limited informed in an exchange filing that the company sold about 3% of its stake in Indraprastha Medical Corporation Limited. Details of the Sale  HDFC Bank held 50,31,897 equity shares of ₹10 each as of February 28, 2024, in Indraprastha Medical Corporation Limited. On April 4, 2024, the bank …

Wipro Acquires Full Ownership of Women’s Business Park Technologies

Wipro Acquires Full Ownership of Women’s Business Park Technologies

5 April 2024

On April 4, 2024, Wipro Limited informed in an exchange filing that the company’s step-down subsidiary, Wipro Arabia Limited, had signed an agreement on April 3 towards the transfer of shares held by Princess Nourahh Bint Abdulrahman University’s Endowment Company in Women’s Business Park Technologies Limited, which is another step-down subsidiary of Wipro Limited. The …

Cello World Ltd to Strengthen Business By New Manufacturing Facility

Cello World Ltd to Strengthen Business By New Manufacturing Facility

5 April 2024

Cello World Limited, a leading manufacturer of stationery products in India, recently announced exciting developments in its production capabilities. In a filing on the stock exchange dated April 04, 2024, it revealed the successful commissioning of a new manufacturing facility located in Falna, Pali district, Rajasthan. This facility is established and operated by Cello World’s …

Puravankara Limited Zoomed Over 3% After Releasing Q4 FY2024 Business Update

Puravankara Limited Zoomed Over 3% After Releasing Q4 FY2024 Business Update

5 April 2024

On April 05, 2025, Puravankara Limited, in an exchange filing, announced its operational performance for the quarter ended March 31, 2024 (Q4 FY2024). The company posted the highest-ever quarterly sales value of ₹1,947 crore for Q4 FY2024, reflecting a rise of 93% against the sales of ₹1,007 crore in Q4 FY2023. During FY2024, Puravankara also …

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