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In addition, it recommended steps to enhance accountability and transparency and reviewed the policy on safekeeping and sharing of information held by MIIs, revisited the code of conduct and code of ethics for directors of the governing board and KMPs activities.

The quota for employees was booked at 85%, and retail bidders were subscribed 5%, whereas the allocation for HNI investors fetched only 1% bids. The portion for institutional investors was yet to see any action.

The cement and cement products player reported a 98% year-on-year (YoY) decline in net profit to Rs 11 crore for the quarter that ended September 30, 2022. It reported a bottomline of Rs 515.84 crore in the same period the previous year.

Footfalls at the amusement park chain during the quarter under review stood at 4.7 lakhs in comparison to 3.57 lakhs during the same period of FY20, the pre-Covid time. Gross revenue came in at Rs 69.7 crore in comparison to Rs 43.9 crore.

In Lykis, Kedia reduced his stake from 9.3% in June quarter to 2.7% in September quarter. He now holds a total of 5,24,710 shares, estimated to be worth around Rs 2.5 crore.

The Nifty IT index was trading 0.24 per cent down at 28558.75.

Phoenix Mills Ltd., incorporated in the year 1905, is a Mid Cap company (having a market cap of Rs 27354.96 Crore) operating in Real Estate sector.

“This is the best ever I have seen in the banking sector for the last 25-30 years or so, where credit growth is moving up and that is leading to higher net interest income. Fee-based income is also coming through strongly because of new loans which they have approved. At the same time, credit costs are flat to declining and this is a blue sky scenario for banks.”

Eicher Motors has already sold 4,77,204 2-wheelers (up 63.9% over YTD FY22) by end of Oct 2022 (in just 7 months), which is +79% of as many motorcycles sold over the entire last year. The company can end the fiscal year with more than 7.75 lakh motorcycles, i.e. around 30% sales volume growth.

NOCIL Ltd. key Products/Revenue Segments include Duty Drawback, Other Operating Revenue and Scrap for the year ending 31-Mar-2022.