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The regulator said that if the company opted for delisting, the reference date for computing the floor price would be the date on which the company made the public announcement for the exit offer.
SBI Card tops IPO price after Q1 numbers beat Street estimatesThe company on Monday posted a 13.8 per cent year-on-year rise in net profit at 393.3 crore for the quarter ended June, while total revenue from operations rose 4 per cent to Rs 2,152.2 crore. HSBC raised its price target on … Read MoreSGX Nifty down 10 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 9.5 point, or 0.09 per cent lower at 11,155, in signs that Dalal Street was headed for a flat start on Wednesday.
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… Read MoreBoard Meetings Today: Larsen & Toubro, Bajaj Auto, Bajaj Holdings, Alembic Pharma and Jindal SteelIt makes sense to have a look at the corporate agendas for the day’s as announced to the stock exchanges.
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… Read MoreLower fee income, higher provisions drag Axis Bank net profitFee income fell 38 per cent to Rs 1,651 crore. Net interest margin shrank 15 bps sequentially to 3.58 per cent due to surplus liquidity in the quarter under review. Net interest income (NII) rose 20 per cent year-on-year to R… Read MoreStocks in the news: L&T, Bajaj Auto, Axis Bank, HUL, BEML, IRB Infra and Bajaj FinservTTK Prestige, Rallis India and Heidelberg Cement are among companies which will announce June quarter results on Wednesday.
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