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The Nifty Realty index closed 0.93 per cent up at 450.95.

TVS reported an EBITDA of Rs 599 crore for Q1 FY23 as compared to Rs 274 crore in the corresponding quarter of the previous fiscal year. EBITDA margin stood at 10 per cent this quarter against 7 per cent in the first quarter of 2021-22.

Industry heads in the crypto space themselves are hoping for some kind of government intervention that will allow them to function more freely. It’s not difficult to predict that we will begin to see some kind of regulations coming to crypto sooner rather than later.

Gross individual non-performing loans (NPLs) stood at 0.98 per cent of the individual portfolio, while the gross non-performing non-individual loans stood at 4.44 per cent of the non-individual portfolio. In value terms, gross NPLs stood at Rs 10,288 crore, which was equivalent to 1.78 per cent of the portfolio.

Total revenue from operations grew by 39 per cent year-on-year (YoY) to Rs 739.24 crore for the quarter ended June 2022 as against Rs 551.68 crore in June 2021. Company’s total expenses increased to Rs 684.3 crore against Rs 568.53 crore in Q1 FY22.

Zomato does not have an identifiable promoter and is a professionally managed company. In such cases, entire pre-IPO equity is locked in for 12 months from the date of allotment of shares, during the IPO.

Out of the 27 Nifty50 companies that have reported their quarterly numbers so far, 12 have reported results that beat Street expectations, seven fell short of meeting investor expectations. Two companies reported in-line results while the rest six came out with a mixed set of numbers.

The Relative Strength Index of the stock stood at 64.94 on Friday.

“India’s cost competitiveness vis-à-vis China has improved significantly. Our labour cost is $200, China’s labour cost is $800; our power costs have come down and are more or less at par with China. We are getting better on the logistics costs side also. I see a mini IT kind of a trend playing out in manufacturing over the next five-seven years. These drivers are not temporary, they are structural in nature and structural changes tend to last over 5, 10, 15 years.”

Investors who had the delivery of shares in their account as of June 28 were eligible for the equity dilution of the shares and the number of shares increased by 10 times, without changing the amount invested.