Funds

Pune, 29th May, 2022: Kolte-Patil Developers Ltd. (BSE: 532924, NSE: KOLTEPATIL; KPDL), a leading Pune-based real estate player, with growing presence in Mumbai and Bengaluru, announced its results for the fourth quarter and year ended 31st March, 2022. Operational Highlights – FY22 New area salesFY22FY21YoYVolume (million sq. ft.)2.712.0830%Value (Rs. million)17,39012,01045%Realization (Rs./Sq. ft.)6,4075,78511%Collections (Rs. million)15,74011,28040% Operational Highlights – Q4 FY22 & H2FY22 New area salesQ4FY22Q3FY22Q4FY21QoQYoYH2FY22H1FY22HoHVolume (million sq. ft.)0.780.860.85-9%-8%1.641.0753%Value...

INDIGO recorded subdued performance in 4QFY22. Its revenue increased by 29% YoY (down 14% QoQ) to Rs80.2bn vs. our estimate of Rs81.9bn, as capacity increased by 6% YoY due to easing of flight capacity restrictions. PAX yields came in at Rs4.4 (up 19% YoY and flat QoQ). Passenger revenue grew by 38% YoY (down 15% QoQ), while ancillary revenue...

New Delhi, 28th May 2022: RSWM Ltd.(BSE:500350/NSE:RSWM), RSWM is one of the largest manufacturers and exporters of value added synthetic, mélange, blended spun yarns and denim fabric from India, today announced its financial results for the quarter and year ended March 31st , 2022.Fianacial Performance and Business Outlook for Q4 and FY22 (INR in Cr):  Business Update:●       Highest ever sales...

New Delhi, Delhi, India... DJT Financial Services, targets first-time lady entrepreneurs, who are aspiring to create an income of their own and be the breadwinners in the family, together with their spouses. During Q3 & Q4 FY21, The group have disbursed over INR 10 crore to over 3300+ ambitious lady entrepreneurs. DJT Financial Services, targets first-time lady entrepreneurs, who are...

Bengaluru, May 26, 2022.. Ujjivan Small Finance Bank has raised the interest rates on their term deposits w.e.f. May 19, 2022. It has announced an increase of 75 basis points to 6.75% for a tenure of 15 months 1 day to 18 months, for general public. For 990 days’ tenure, the bank is now offering 7.1%, an increase of 35 basis...

NARH have announced aggressive capex plan across India and Cayman operations over next 2-3 years. This enhances growth visibility beyond FY24 however in near term it may increase debt and impact return ratios. We maintain our estimates and ‘Buy’ rating with TP of Rs773/share, based on 20x FY24E EV/EBITDA for India business and 16x EV/EBITDA for Cayman hospitals. At...

New Delhi/Bangalore, May 26, 2022: Aster DM Healthcare, one of the largest private healthcare service providers in GCC and in India, today announced its financial results for the quarter and year ended March 31, 2022. KEY HIGHLIGHTS OF THE QUARTER (Q4 FY22) Revenue from operations increased by 14% Y-o-Y to Rs. 2,728 Crs. compared toRs. 2,391 Crs.EBITDA (excluding other income) increased...

Mumbai, May 26, 2022: ArtistFirst Technology Inc, which runs music NFT marketplace FanTiger, on Wednesday said it has raised $5.5 million in a seed round led by Multicoin Capital. The round also saw participation from Krafton, Pravega Ventures, GAMA, Woodstock Fund, IOSG Ventures, Polygon Studios and individuals Sandeep Nailwal (Co-founder of Polygon), Gokul Rajaram (Board Member - Coinbase), Prashant Malik (Founder -...

SINGAPORE, 25 MAY 2022 – Private market exchange ADDX has raised US$58 million in a Pre-Series B funding round that saw several financial institutions come on board as new shareholders: SET Venture Holding, a subsidiary of the Stock Exchange of Thailand (SET), UOB, Hamilton Lane (NASDAQ: HLNE) and Krungsri Finnovate, the corporate venture capital arm of Krungsri (Bank of...

Hyderabad/Mumbai, May 25, 2022: India’s largest depository, National Securities Depository Limited (NSDL) launched ‘Market ka Eklavya – Express’, an online investment awareness program for students that will be conducted in 8 different languages including Hindi. The program would serve as a beginner’s guide for investing for the youth. To mark the significance of Azadi Ka Amrit Mahotsav, an initiative of Government...