This was the first quarterly result by HMA Agro after it made debut on the exchanges. Its shares made debut on exchanged in July. IT had raised Rs 480 crore from the initial public offering (IPO).
Bonus shares are additional shares that listed companies issue to existing shareholders at no cost. The exercise is done under the guidelines of the SEBI. It increases liquidity and encouraged retail participation.
The bidding ended on Monday and the proceeds will be used in enhancing its long-term resources for funding infrastructure and the affordable housing segment.
A proposal regarding this was first floated as part of the liquidity package announced during the pandemic in May 2020.
The 30-share BSE Sensex went lower by 204.84 points to 66,061.98, while the NSE Nifty declined 60.35 points to 19,599.55.
A leading EV charger maker, Servotech Power Systems will hold 99.99 per cent stake in the newly incorporated subsidiary.
It has posted a consolidated revenue from operations at Rs 54.9 crore for the quarter ended June 30, according to a BSE filing. The net profit stood at Rs 1.18 crore in the quarter, boosted by strong demand in the FMCG segment.
The shares of the company will be listed on NSE Emerge, a platform for small and medium enterprises, the company said in a statement.
Currently, the airline operates non-stop flights to five American cities -- Washington, DC, New York, New Jersey, Chicago and San Francisco.
Stock markets: The 30-share BSE Sensex climbed 188.56 points or 0.28 per cent to 66,895.76. The broader NSE Nifty advanced 69.35 points or 0.35 per cent to 19,847.65.
The NSE-listed solar products manufacturer has also informed about the new International Securities Identification Number (ISIN) code for its equity shares.
Stock markets: The 30-share BSE Sensex climbed 270.39 points to 66,626.10. The broader NSE Nifty advanced 69 points to 19,748.85.
The rights issue is of up to 49 crore equity shares at a price of Re 1 each, aggregating up to Rs 49.8 crore.
Adani Enterprises, the group's flagship firm, saw a gain of 2 per cent, boosting its market capitalisation to Rs 2.81 lakh crore. Adani Transmission, riding high on a nearly 8 per cent gain to its previous close, saw its current market price reach Rs 834.80.
In a statement on July 20, the Ministry of Food and Public Distribution said that in order to ensure adequate availability of non-basmati white rice in the Indian market
Stock markets: The 30-share BSE Sensex inched up 13.76 points or 0.02 per cent to 66,398.54. The broader NSE Nifty advanced 4.40 points or 0.02 per cent to 19,676.75 in early trade.
The profit after tax (PAT) stood at Rs 4.10 crore in the April-June quarter, boosted by higher revenues, according to an exchange filing by the company. It had posted a net profit of Rs 35 lakh in the corresponding period last year, the filing added.
The PAT increased by a whopping 144 per cent in the April-June quarter, the filing said, adding that earnings before interest, taxes, depreciation and amortization (EBITDA) jumped by over 200 per cent.
Stock markets: The 30-share BSE Sensex declined 87.24 points or 0.13 to 66,597.02. The broader NSE Nifty fell 10.65 points or 0.05 per cent to 19,734.35.
The peak power demand rose to 223.23 GW in April-June 2023 from 215.88 GW in the same period in 2022. It was 193.99 GW in April-June 2021.
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