Motilal Oswal Financial Services announces launch of ‘Options Store’
Mega Free Option strategies includes Stock, Index & USD Options strategies for new investors, Advance Option strategies for professional traders
26th July 2022, Mumbai: Motilal Oswal Financial Services Limited (MOFSL), awarded as India’s best broking house, has announced the launch of ‘Options Store’ aimed at providing a simplified Options Trading platform for customers finding Options trading as complicated and risky. The...
MSWIL posts impressive Q4 results, with revenues of Rs 1662 crores, up by 14%
Mumbai – 30th May 2022 – MSWIL (Motherson Sumi Wiring India Limited) today announced its financial results for the fiscal 2021-22 fourth quarter, which ended on 31st March 2022.
Performance Highlights
· Quarterly revenues of Rs. 1,662 crores, up by 14% on QoQ
· Quarterly EBITDA of Rs 252 crores, up by 21% on QoQ
· The board has recommended dividend of Rs. 0.85 per share for the FY21-22
The Indian automotive market demand remained strong though global shortages, logistics and geopolitical issues had its impact in production numbers. Despite the supply challenges of input child parts from global suppliers the team has continued to focus on operational efficiency and cost management to achieve commendable results. Commenting on the results, Mr. Vivek Chaand Sehgal, Chairman, Motherson Sumi Wiring India Ltd. said, “We have kept our promise of bifurcating MSSL into two separate listed companies, one being domestic wiring harness business in India, to meet the demand / expectations of our shareholders/other stakeholders; completed in a period of 18 months...
Kolte-Patil Developers Ltd. Q4 and FY22 Financial Results
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...
RSWM Ltd. FY22 revenue at INR 3,850 Cr, up 63%; EBITDA at INR 464 Cr, up 116%;
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...
NARH announces capex plan across India & Cayman operations
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...
ADDX raises US$58 million; Stock Exchange of Thailand, UOB join as shareholders
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...
JK Tyre revenue up 31%, crossed Rs.12,000 crore in FY22
Mumbai, May 20, 2022: Indian Tyre Industry major, JK Tyre & Industries Ltd. (JK Tyre) announced its audited results for FY2021-22. The Board has recommended a dividend @ 75% (Rs.1.50 per share having face value of Rs.2 each)
Commenting on the results, Dr. Raghupati Singhania, Chairman and Managing Director (CMD), said, “JK Tyre achieved highest ever revenue of Rs.12,000 crore in...
