Execution ramp up by the debt burdened real estate player, Unitech has helped company's stock to gain over 30% in the last one month.
While Havells India's domestic business is in formidable shape, subdued performance of its overseas business has been a drag on the company's overall performance.
This deal is expected to contribute additional Rs 1100 crore to the company's revenues in the remaining five months of the current fiscal.
The IPO has not been priced attractively, leaving little on the table for the issuer. Given this, investors can give this share sale a miss.
Tara Jewels exporting and retailing of jewellery is launching its IPO to raise close to Rs 179.5 crore with a price band of Rs 225 to Rs 230 per share.
Pantaloon is working on various business restructuring possibilities, such as de-merging companies and de-leveraging balance sheet by selling businesses.
Wockhardt reported encouraging numbers in the latest September quarter. The company's earnings grew by 270% year on year.
In the September quarter, DLF sold its NTC mills land parcel in Mumbai to Lodha for Rs 2725 crore. The cash from this deal will bring down the company's debt by 13%.
Coal India’s latest September quarter numbers indicate that some of the issues that the company has been grappling with are being resolved gradually.
Coal India reported on Friday a 19% increase in quarterly profit, helped by strong sales and better prices, but narrowly missed market expectations.
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