YES Bank Q1 Update: Advances rise 18% to ₹2.85 lakh crore, deposits grow 14% YoY
Shares of YES Bank Ltd ended at ₹24.39, up by ₹0.14, or 0.58%, on the BSE.
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Vedanta Oil & Gas Q1 output falls 17% as production declines across key fields
Vedanta Oil & Gas reported a 17% year-on-year decline in average daily production for the June quarter, with output falling across its Rajasthan, Ravva, Cambay and OALP assets. The company said it is stepping up drilling and enhanced oil recovery…
Senco Gold Q1 Update: Revenue jumps 60%, opens 8 showrooms; same-store sales grow 38%
Shares of Senco Gold Ltd ended at ₹326.45, down by ₹5.25, or 1.58%, on the BSE.
Manipal Health gets SEBI approval for up to $1.2 billion IPO, listing likely in late July
Manipal Health Enterprises has secured regulatory approval from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering, according to sources familiar with the development. The hospital operator is targeting a market debut in late…
Sobha Q1 Update: Sales bookings hit record ₹3,656 crore, up 76% YoY
During the quarter, the company completed 671 homes across eight projects, covering a total saleable area of 10.8 lakh square feet. Shares of Sobha Ltd ended at ₹1,440.75, up by ₹4.40, or 0.31%, on the BSE.
SBI Funds IPO likely to open in the week of July 13, targets valuation of up to $12.1 billion
SBI Funds Management is preparing to launch one of India’s biggest IPOs this year, with the issue expected to open in the week beginning July 13 and raise as much as $1.2 billion through a pure offer-for-sale. The country’s largest…
IndusInd Bank Q1 Update: Net advances decline 2%, deposits up 5% YoY
Shares of IndusInd Bank Ltd ended at ₹975.65, up by ₹32.20, or 3.41%, on the BSE.
Bandhan Bank Q1 advances rise 16.4%, deposits decline sequentially
Bandhan Bank’s loans grew 16.4% year-on-year to ₹1.56 lakh crore in the June quarter, while total deposits rose 6.6% to ₹1.65 lakh crore. The lender’s CASA ratio improved to 29.4%, reflecting a stronger low-cost deposit mix despite a marginal sequential…
CreditAccess Grameen adds 2.5 lakh borrowers in Q1, loan book tops ₹30,000 crore
Microfinance lender CreditAccess Grameen reported an 11.9% year-on-year rise in loan disbursements to ₹6,107 crore in the June quarter, while its loan book grew 16.4% to over ₹30,300 crore. The company also added 2.5 lakh borrowers during the quarter and…
Prestige Estates to buy 50% stake in Mumbai commercial project for up to ₹504 crore
Prestige Estates will acquire a 50% stake in Advent Convention and Hotels International for up to ₹504 crore in cash, giving it a share in a commercial project coming up in Mumbai’s Andheri East with an estimated development value of…