IPO Review: Indian Renewable Energy Development Agency
Moneylife Digital Team 20 November 2023
Indian Renewable Energy Development Agency (IREDA) is a wholly-owned government of India (GoI) enterprise under the administrative control of the ministry of new and renewable energy (MNRE) and...
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Weekly Moneylife Indices & Sector Trends
Moneylife Digital Team 17 November 2023
INDIAN MARKET TRENDS
From 10th November to 16 November 2023, ML Mid-cap Index rose 3%. ML Large-cap Index, ML Small-cap Index, ML Mega-cap Index, the NIFTY and the Sensex rose 2% each. ML Micro-cap Index rose 1%.
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Maharashtra Seamless: Strong Growth, Attractive Valuation
Moneylife Digital Team 17 November 2023
Maharashtra Seamless Ltd (MSL) has achieved better sales growth in Q2FY23-24, after poor performance in Q1FY23-24, due to lower production on account of maintenance. The order-book was at Rs1,459 crore reducing from Rs1,725 crore in...
IPO Review: Gandhar Oil Refinery
Moneylife Digital Team 17 November 2023
Gandhar Oil Refinery (Gandhar) is a leading manufacturer of white oils or paraffin with a focus on the consumer and healthcare end-industries. As of 30 June 2023, its product suite comprised over 440 products across the...
Surya Roshni: FY25 Growth on Track
Moneylife Digital Team 17 November 2023
Surya Roshni (Surya) reported poor sales growth in Q2FY23-24, though profitability improved. Decline in steel prices by around 10% to 15% across different grades of steel, compared to that in the same quarter of the previous year,...
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