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Under the agreement, AntFin will be issued OCDs by Resilient Asset Management BV in consideration for the transfer, and to retain the economic value, the filing said. The new ownership structure will likely benefit the company, Paytm further claimed.

Britannia, which also sells cakes and breads, on Friday posted a consolidated profit of 4.58 billion rupees ($55.36 million) for the first quarter ended June 30, while analysts polled by Refinitiv were looking at a profit of 5.01 billion rupees.

​I think once this expansion is completed in these two hospitals, these two hospitals would be I think among the top three, top four largest private hospitals of Delhi-NCR, so that is the existing organic plan.

The advantage of investing in smallcaps is that the returns can be handsome. It is however important to know that the returns can turn negative very quickly in the case of small companies. It has the potential to earn returns but is also risky.

Indian Oil Corp. shares fall 0.1% as Nifty gains

Updated at : 2023-08-07 13:20:01

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The stock quoted a 52-week high price of Rs 101.44 and a 52-week low of Rs 65.2.

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As per reports, 2.7% equity changed hands in a block deal in Adani Green Energy. The buyers and sellers in the deal are not known.

​So we are actually in a good place because we have been an SUV company all along and we think this is a trend which will continue because the many things about SUV in an India kind of context, SUV represents much better status, ground clearance sitting height.

Godrej Consumer rises 0.5% as Sensex climbs

Updated at : 2023-08-07 12:20:01

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The stock traded at a P/E multiple of 61.9, while the price-to-book value ratio stood at 7.18.

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The Relative Strength Index of the stock stood at 51.56 on Monday.

“Once you have a domestic focus, keep a broad market focus. If FIIs want to come into largecaps, somebody has to sell. Local players like domestic mutual funds, the domestic alternative investment funds, insurance companies will keep rotating that. I do not see a cause for worry in terms of wealth creation in India.”

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