Elara Capital believes that both Safari and VIP Industries are well-placed to benefit from capacity expansion, an improved product mix, and tighter cost controls.
Encora is currently owned by a private equity firm Advent International. The company provides its clients with tailored innovation software through services across AI, data and cloud.
Founded by Aadit Palicha & Kaivalya Vohra, Zepto has institutional investors such as General Catalyst, CalPERS, Y Combinator, StepStone Group, Avenir, along with other strategic investors such as Elcid Investments, MapmyIndia, Motilal Oswal, according to Tracxn.
Currently, the exchanges, including IEX, levy a 2 paise per kWh fee on both the buying and selling side, translating into a total fee of close to 4 paise per kWh.
Avendus expects Lenskart’s consolidated revenue to grow at a Compounded Annual Growth Rate (CAGR) of 21% over financial year 2025-2028, along with an EBITDA margin expansion of 550 basis points during the same timeframe.
After the deal, Stonepeak will have a 65% stake in Castrol, while BP’s stake will fall to 35%. After a two-year lock-in period, BP will have the option to sell its remaining 35% stake as well.
Coforge has negligible cash on its book and is eyeing $2 billion revenue run-rate over the next few quarters. During its last analyst meet, the company had assured there would be no further data center investments in the offering.
Sensex Today | Stock Market LIVE Updates: The Nifty continues to face hurdles at the 26,200 mark, snapping a three-day winning streak in the process on Wednesday, ending at the lows of the day. However, key support levels remain intact.
Among the underperformers include IREDA, who raised ₹2,000 crore after issuing shares at ₹165 apiece. The stock is down 18% from those levels, along with names like Kaynes Tech, whose shares are down 25% from their QIP issue price of…
As many as seven companies will be seeing their respective shareholder lock-in end in today’s trading session. The total value of those shares is close to ₹3,400 crore. However, a majority of that value belongs to one company. Let’s look…