Shares of Apollo Micro Systems have yielded a massive 139 per cent return in the past one year. In perspective, one share which was available at Rs 138 is now available for Rs 331.
India's creator economy is growing strong despite inflation and global economic headwinds.
The Jaipur-based company reported total sales of Rs 158.8 crore in Q3FY23 while Rs 490.2 crore in the first 9 months ending December 31, 2022, with a growth of 11 per cent and 25.4 per cent YoY, respectively.
The company had last month approved the sub-division of shares in a ratio of 10:1. It means that IRB Infra will split its one equity share into 10 equity shares.
According to an exchange filing by Kohinoor Foods, Vikas Lifecare's investment worth Rs 250 crore will make it into a debt-free entity.
Notably, China is the world's largest producer and exporter of APIs and many Indian companies depend on imports of the ingredients to produce various formulations.
The board of Servotech had earlier announced to split shares in the ratio of 5:1 and pay an interim dividend of Rs 0.20 per equity share.
Nirmala Sitharaman on Adani issue: The Finance Minister said, "State Bank of India and Life Insurance Corporation of India have already issued statements making it clear that their exposure is not much. This is their statements. What more should I add?"
The eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).
The Delhi-based company seeks to raise Rs 100 crore through the issuance of equity shares and other convertible securities, warrants, bonds, FPO.
The Hyderabad headquartered company through an exchange filing informed that its total income stood at Rs 41.11 crore during the quarter under review as against Rs 24.62 crore in the corresponding quarter last fiscal.
Adani Hindenburg news: In a 413-page response, Adani Group said the report was driven by an ulterior motive to create a false market to allow the US firm to make financial gains.
The rationale behind the split is to enhance the liquidity in the market, widen the shareholder base and make the shares more affordable to small investors.
Vikas Lifecare's standalone net revenue zoomed by 74 per cent to Rs 34,626.48 lakh as against Rs 19,833.44 lakh in the first 9 months of the last financial year.
The company has reported a whopping 545 per cent year-on-year (YoY) growth on PAT for nine months ending December 31, 2022, according to a filing by the company.
Once the split comes into effect, the face value of each share of Apollo Micro Systems will reduce to Rs 1 each.
The company has also fixed the record date for determining the eligibility of shareholders for the payment of the dividend amount.
The New Delhi-based company's net profit during the quarter under review stood at Rs 2.23 crores as compared to Rs 2.15 crores in the last quarter.
Vijay Shekhar Sharma, MD & CEO of Paytm has been insisting that Paytm is on its path of achieving EBITDA profitability by quarter ending September 2023.
According to an exchange filing, the infra division has exceeded the targeted sales volumes by 5 per cent, achieving Rs 630 million sales in the first three quarters of the fiscal.
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