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The move is part of an ambitious strategy by the leader in the electric passenger vehicle market to raise significant funds, both via external and internal sources, to support its growth plans through product innovations, especially of EV platform, top executives close to the development said.

Global Health, incorporated in the year 2004, is a Small Cap company (having a market cap of Rs 11970.43 Crore) operating in General sector.

Hindustan Zinc delivered best-ever 9 months refined metal on the back of the highest ever mined metal. In FY22, we reached the one million tonne mined metal landmark, and this year with the current run-rate, we are confident of achieving the one million tonne refined metal mark and are fully geared to deliver another stellar annual performance," said Arun Misra, CEO, Hindustan Zinc

The Dow Jones Industrial Average fell 125.61 points, or 0.38%, at the open to 33,171.35

Total income of the Jaipur-based company rose 36 per cent to Rs 2,413 crore, driven by a full 41 per cent jump in net interest income at Rs 1,153 crore. The key profitability metric net interest margin which is the difference between the cost of deposit and loan pricing, at 6.2 per cent.

But what we need to really look at from now on is that at such high valuations one has to really look at what is the trend in terms of volume growth because you know after a point of time when you have gained a lot of market share you become a proxy to the industry and hence your growth starts to taper off.

Happiest Minds’ year-to-date revenue growth and EBITDA continue to be industry-leading and well above the guidance we have given for the year. Accolades that we received for our governance and disclosure practices coupled with our results make the quarter results that much more pleasant,” said Venkatraman, MD & CFO, Happiest Minds.

According to the draft papers, the public issue with a face value of Rs 5 per equity share consists of a complete fresh issue of shares of Rs 750 crore with no offer-for-sale component.Of the proceeds from its fresh issuance, Rs 400 crore will be utilised for prepayment/repayment of all or a portion of outstanding borrowings availed by the company, and Rs 200 crore will be used to fund working capital requirements and general corporate purposes.

Havells India Chairman and Managing Director Anil Rai Gupta said there was steady revenue growth amid moderating consumer demand in an inflationary environment.Margins witnessed improvements on the back of stability of raw material prices during the quarter. With continued investment in technology, consumer journey and talent, we are positively disposed towards revenue

The OIS market is seen as the clearest indicator of future policy action by market participants. A wider move in five-year swaps highlights the expectation of dovish actions in the medium term while the one-year swap rate stays elevated.