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🚨Vodafone Idea FPO update

🔴FPO is subscribed 49% by end of Friday (Day 2 out of 3)

🔴Have collected bids for near 6.2 billion shares out of 12.6 billion on offer

🟢The qualified institutional buyer (QIB) portion is subscribed 93 per cent, with almost 9/10 bids coming from FPIs

🔴HNI portion is 75% subscribed and retail portion is subscribed only 13%

🟢Investment bankers have said most of the bids usually come on the last day of the issue

🔴Stock closed at ₹12.85 (2.65% down)


High turnout in Phase 1 of Lok Sabha Elections 2024 despite heat wave - GOVT


AB Fashion approves demerger of Madura Fashion & Lifestyle Business from the company into newly incorporated company Aditya Birla Lifestyle Brands (ABLBL)




IREDA Q4

Cons PAT at ₹337 cr vs ₹254 cr, up 33% YoY

Cons NII at ₹481 cr vs ₹356 cr, up 35.1% YoY


Jio Finance reports Q4 earnings👇

Total ex-dividend income at ₹418.1 crore vs ₹413.6 crore (QoQ)

Interest income at ₹280.7 crore vs ₹269 crore (QoQ)


HDFC AMC reports Q4 earnings

- Net Profit up 43.8% at ₹541 cr vs ₹376.2 cr (YoY)

- Revenue up 28.5% at ₹695.4 cr vs ₹541 cr (YoY)








It appears that JP Morgan bought today's dip.


Premier Explosives board approves stock split of 1 share into 5




NIFTY RECOVERED 330 PTS NOW 🔥🔥




NIFTY RECOVERED


Canara Bank sets May 15 as the record date for stock split




DixonTech arm enters into agreement with Longcheer Mobile for manufacture & sale of smartphones for large global brands


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