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21 Aug 2024

131.46

3.27%

JM Financial PE invests Rs 40 crore in Zoff to boost brand building efforts

Business Standard

JM Financial Private Equity through its arm JM Financial India Growth Fund III on Wednesday invested Rs 40 crore in Asquare Foods and Beverages, the parent company of the direct-to-consumer spice brand Zoff. The fresh capital infusion from JM Financial Private Equity will be used to strengthen brand-building efforts, enhance the existing production capacities, and bolster the company's offline distribution network, the company said statement. "We strongly believe that Zoff can emerge as one of the leading spices brands in the future," Darius Pandole, Managing Director & CEO of Private Equity & Equity AIFs at JM Financial said. Zoff was founded by brothers Akash and Ashish Agrawal. JM Financial Private Equity, part of the JM Financial Group, manages several funds that focus on providing growth capital to high-potential Indian companies. **** Servotech to install 12 EV charging stations in Kerala Servotech Power Systems Ltd on Wednesday said it will install 12 EV charging...

JM Financial has lost -21.57% in the last 3 Months

Bajaj Finserv Ltd.

19 Aug 2024

2019.60

0.34%

Investors should know equity investment cannot be a one-way street: Ganesh Mohan, CEO, Bajaj Finserv Asset Management

Business Line

We have to see at what point the market runs ahead of fundamentals; we do not see that happening in the large cap space as yet, says the Bajaj Finserv head

Number of FII/FPI investors increased from 842 to 865 in Dec 2025 qtr.

You can buy Rakhi gifts on EMI with Bajaj Finserv EMI Network Card

Business Standard | 19 Aug 2024

Aditya Birla Capital Ltd.

16 Aug 2024

346.60

0.33%

ABCD app to aid cross-sell, acquire customers at scale: Birla

Business Line

Aditya Birla Capital aims to acquire 30 million new users through its ABCD app, expanding digital services and products

Aditya Birla Capital.. has an average target of 360.00 from 3 brokers.

Godrej Industries Ltd.

14 Aug 2024

1008.35

0.20%

Godrej Industries Q1 Results Review - Standalone Business Signalling Early Signs Of Revival: ICICI Securities

NDTV Profit

The brokerage believes, the subsidiaries as well as associates of Godrej Industries, shall be the net beneficiaries of recovery in end-user industries.

Godrej Industries Ltd. is trading above its 30 day SMA of 1003.3

Godrej Industries Ltd.

13 Aug 2024

1008.35

0.20%

Godrej Industries Q1 results: Profit up 81% at Rs 322 cr on higher income

Business Standard

Business conglomerate Godrej Industries Ltd on Tuesday reported an 81 per cent increase in consolidated net profit at Rs 322.49 crore for the April-June quarter of 2024, on higher income. Its net profit stood at Rs 178.06 crore in the year-ago period. Total income increased to Rs 5,259.41 crore in the April-June period of 2024-25 fiscal, from Rs 4,893.40 crore in the corresponding period of the previous year, according to a regulatory filing. Godrej Industries has presence in chemicals, estate management (real estate), finance & investments. On business performance of its subsidiaries, joint ventures and associate companies, Godrej Industries said the consolidated sales of Godrej Consumer Products Ltd (GCPL) stood at Rs 3,311 crore in the first quarter of this fiscal. Godrej Properties' total Income grew to Rs 1,638 crore in April-June period of this fiscal, from Rs 1,315 crore in the year-ago period. Godrej Agrovet's total income declined to Rs 2,360 crore in the period under ..

Godrej Industries Ltd. is trading below its 50 day SMA of 1011.3

Godrej Industries Q1 Results: Profit Jumps More Than Twofold

NDTV Profit | 13 Aug 2024

Godrej Industries Ltd.

12 Aug 2024

1008.35

0.20%

Godrej Industries plans to raise up to Rs 3,000 cr, seeks shareholders' nod

Business Standard

Godrej Industries Ltd plans to raise up to Rs 3,000 crore through issuance of debt instruments and will seek approval from shareholders through a special resolution, according to a regulatory filing. The board of directors, at its meeting held on August 7, 2024, had proposed to seek an approval from the members to raise or borrow funds by way of issuance of unsecured non-convertible debentures (NCDs), bonds or other instruments, listed or unlisted, on private placement basis for an amount not exceeding Rs 3,000 crore, Godrej Industries said in a postal ballot notice shared on the BSE. The fund is proposed to be raised within one year from the date of passing of the special resolution at an interest rate that will be determined by the prevailing money market conditions at the time of the borrowing, it added. The issue of these securities like NCDs, bonds or other instruments work as a cost-effective source of borrowing, it added. On the purpose of the fund raise, the company said it

Godrej Industries Ltd. is trading above its 30 day SMA of 1003.3

JM Financial Ltd.

06 Aug 2024

131.46

3.27%

Global Markets Could See Volatility Next Three Months, Says JM Financials' Vinay Jaising

NDTV Profit

Despite these challenges, a fall in the borrowing costs could help stabilise the markets in the next six months, according to him.

JM Financial Ltd. is trading below all available SMAs

Rane Holdings Ltd.

03 Aug 2024, 06:36PM

1375.70

1.17%

Rane Holdings Q1 result: PAT up 61.2% at Rs 19.5 cr, revenue at Rs 837.4 cr

Business Standard

Rane Holdings Ltd, the holding company of the diversified conglomerate Rane Group has reported a 61.2 per cent rise in its profit after tax for the April-June 2024 quarter at Rs 19.5 crore. The city-headquartered company had registered a profit after tax of Rs 12.1 crore during the corresponding quarter of last year. Total revenue during the quarter under review fell by 6.71 per cent to Rs 837.4 crore, from Rs 897.7 crore registered in the year ago period. The Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood at Rs 79.8 crore for the April-June 2024 quarter as against Rs 80.9 crore registered year ago. EBITDA margin during the June-quarter was 9.5 per cent as against 9 per cent recorded in the same quarter of last year. Revenue from the domestic original equipment (OE) customers grew 9 per cent during the quarter under review supported a strong growth in the passenger vehicle segment. Revenues from international customers predominantly decreased by 17 p

Rane Holdings Ltd. is trading below its 100 day SMA of 1439.0

Aditya Birla Capital Ltd.

02 Aug 2024

346.60

0.33%

Aditya Birla Capital Q1 Review- Continued Calibration In The Personal, Consumer Book; AQ Stable: Motilal Oswal

NDTV Profit

The thrust on cross-selling, investments in digital, and leveraging One Aditya Birla Capital' will lead to healthy return ratios, says the brokerage.

Aditya Birla Capital has gained 37.84% in the last 6 Months

Aditya Birla Capital Q1 Results: Profit Surges 17% To Rs 759 Crore

NDTV Profit | 01 Aug 2024 1 more

JM Financial Ltd.

01 Aug 2024

131.46

3.27%

Sebi fines JM Financial Asset Management, former CEO for flouting rules

Business Standard

Capital markets watchdog Sebi has imposed penalty totalling Rs 2 crore on seven entities, including JM Financial Asset Management Ltd, its trustee and its former CEO Bhanu Katoch, for flouting regulatory norms. The fine needs to be paid within 45 days, the Securities and Exchange Board of India (Sebi) said in its order. Individually, a fine of Rs 25 lakh was levied on JM Financial Asset Management, Rs 10 lakh on JM Financial Trustee Company, Rs 1.1 crore on Bhanu Katoch, Rs 17 lakh on his mother Swarn Lata Katoch and Rs 8 lakh on his wife Sharika Kher. Additionally, the regulator slapped a fine of Rs 22 lakh on Deepen Doshi, who was head of institutional sales at JM Financial Asset Management during the violation, and Rs 9 lakh on his mother Aruna Doshi. In its order, Sebi noted that these five persons invested in certain JM Financial Mutual Fund schemes, holding defaulted Dewan Housing Finance Corporation Ltd (DHFL) securities before the valuation change, using unpublished...

JM Financial has lost -21.57% in the last 3 Months