Nykaa, Bharti Airtel, Tech Mahindra, Wipro, Vedanta, Canara Bank, Venus Pipes

Spread the love

Representational image


Siemens (Cons YoY; Q4 FY22)

Revenue at Rs. 4657 cr vs Rs. 4174 cr, up 11.6% YoY

EBITDA at Rs. 516 cr vs Rs. 445 cr, up 16% YoY

PAT (disc ops) at Rs. 652 cr vs Rs. 320 cr, up 103.8% YoY

PAT (cont ops) at Rs. 382 Cr vs 316 Cr, up 21% YoY

EBITDA Margin at 11.1% vs 10.7%, up 42 bps YoY


Time Techno:

Mmgt says progress on consolidation/restructuring of overseas business is progressing well. Mgmt along with advisors JPMorgan and E&Y is at final stage of discussion with prospective buyer. Mgmt confident of closing the transaction this year. Proceeds will be used for debt repayment, capex and for benefit of shareholders.

Inox Green Energy:

To start trading after its IPO gets 1.55 times demand

Venus Pipes:

Anchor Lock-in period ends; ~27% of equity out of lock-in

Kaynes Technology:

Goldman Sachs Funds bought 4.7 lakh @ 705.28

Norges Bank bought 9.24 lakh @ 751.16

TNTBC As The Trustee Of Nomura bought 6 lakh @ 723.1

ValueQuest Investment bought 9.84 lakh @ 764.28

Nykaa Ltd:

Mr. Arvind Agarwal, Chief Financial Officer has resigned to pursue other opportunities in the digital economy & start-up space.

Block deal domestic buyers Aditya Birla Sun Life, ICICI Pru MF

International buyers BOFA, BNP Paribas, Morgan Stanley, Societe Gernerale, Ontario Teachers Pension Plan

Lighthouse India Fund III sold 1.84 Cr shares

Bharti Airtel:

Nxtra Data Ltd, subsidiary of Bharti Airtel started the construction of its new hyper-scale data centre in Kolkata

The company will invest Rs 600 Cr in the development of the largest data centre in East India

The 25 MW facility will be fully operational by 2024.

Nxtra will invest over Rs 5000 cr. over the next four years to expand its capacity by 3X to over 400 MW

Ester Industries:

To give Corporate Guarantee in favour of Bank of India, Bank of Baroda and HDFC Bank Ltd. for extending Working Capital facilities for an amount of Rs. 141.8 crores

Tech Mahindra:

LIC acquires ~2% stake in Tech Mahindra taking the total stake to 6.87%

Adani Ports and Logistics:

Adani Agri Logistics Ltd, step down subsidiary of the Company has incorporated wholly owned subsidiaries Adani Agri Logistics (Chandari), Adani Agri Logistics (Katihar Two), Adani Agri Logistics (Gonda)


Launched a strategic cybersecurity consulting offering in Europe

The new offering to leverage on Wipro’s recent acquisitions in the consulting space


Approved Third Interim

Dividend of ₹ 17.50 per equity share for the FY23

Record date for the purpose of payment is November 30, 2022.

Canara Bank:

Has fixed the record date as 19th December and 23rd December for 9% and 8.4% Lower tier bonds respectively

Bank to redeem 9.00% Non-Convertible, Lower Tier II, Series XII Bonds on the due date, i.e., December 31, 2022

National Peroxide:

Company plant located at Kalyan, Maharashtra, will remain shut from November 22, 2022 for the purpose of annual maintenance activities.

Aarti Surfactants:

Board meeting to be held on November 25. 2022 to consider the approval of rights issue.

Hindustan Motors:

Entered into a MOU to extend the EV domain across the border to enhance the production of eco-friendly electric vehicle.

BASF India Limited:

Rajesh Naik has resigned as Whole-time Director of the company w.e.f. 31-Dec-2022

Alexander Gerding appointed as the Managing Director of the Company for a term of 5 years, effective 1st January, 2023

Adani Enterprises:

Board to meet Nov. 25 to discuss fundraising


Secures legal victory against Agracity in intellectual property lawsuit: Agencies

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *