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Aavas Financiers Ltd. key Products/Revenue Segments include Interest, Income From Financial Services, Fees & Commission Income and Income From Sale Of Share & Securities for the year ending 31-Mar-2021.

Dubbed India’s “Aramco moment” in reference to Gulf oil giant Saudi Arabian Oil Co.’s $29.4 billion listing in 2019 -- the world’s largest -- the float of LIC has ended up resembling the Aramco IPO not just in scale but in its reliance on domestic investors after foreign buyers deemed the float too expensive.

The FMCG firm on Friday reported a 34.47 per cent year-on-year (YoY) decline in its consolidated net profit to Rs 35.82 crore for the fourth quarter ended March 2022. The company had reported a net profit of Rs 54.67 crore in the January-March quarter a year ago, Bajaj Consumer Care, a part of the Bajaj Group of Companies, said in a regulatory filing.

As of 31-Mar-2022, promoters held 60.51 per cent stake in the company, while FIIs held 11.28 per cent and domestic institutional investors had 0.86 per cent.

Total income in the March quarter of the fiscal year 2021-22 increased to Rs 1,035 crore, as against Rs 967 crore in the same quarter of 2020-21, DCB Bank said in a regulatory filing.

“The opportunities are really quite large in front of us. All companies want to do digital, want to do cloud and we are in the early stage of that shift. For the clients we are working with, we see a lot of work in the future. Digital spend is still critical for companies and they are using both their opex and the capex. So the digital spend is there.”

Religare has maintained a Buy on the stock with a target price of Rs 229, valuing the core business at 15x FY24E EPS and Rs 35 for its 4.1% stake in HDFC Life Insurance (at 40% holding discount).

A total of 38,400 shares changed hands on the counter till 11:28AM (IST)

Greenpanel Industries Ltd., incorporated in the year 2017, is a Small Cap company (having a market cap of Rs 6654.38 Crore) operating in Building Materials sector.

Larsen & Toubro Infotech (LTI) board on Friday approved a scheme of amalgamation with Mindtree, creating a $3.5 billion IT services provider. The two companies are subsidiaries of Larsen & Toubro.