IPO Review: Prudent Corporate Advisory Services Ltd
Moneylife Digital Team 10 May 2022
Incorporated in 2003, Prudent Corporate Advisory Services Ltd (PCAS) is a retail wealth management services-provider and is one of the largest mutual fund distributors (MFDs) in terms of average assets under management (AUM) and commission received. It operates on a B2B2C (business-to-business-to-consumer) model and acts as an interface between asset management companies (AMCs) and individual...
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Deepak Nitrite: March ’22 Results Update
Moneylife Digital Team 10 May 2022
In Q4FY21-22, Deepak Nitrite’s (Deepak) revenue rose by 28% y-o-y (year-on-year) to Rs1,872 crore, primarily driven by higher realisation across segments. Volume growth for several products during Q4FY21-22 partly helped Deepak to...
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GHCL Ltd (GHCL) declared its Q4FY21-22 results on 30 April 2022. We had discussed GHCL Ltd’s (GHCL) special situation due to an upcoming demerger of its textiles business, here, in September 2021. In Q4FY21-22, GHCL increased its...
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Moneylife Digital Team 07 May 2022
After a poor performance in the December quarter, revenue bounced back sequentially for Laurus Labs (Laurus) in Q4FY21-22. However, y-o-y (year-on-year) revenue growth was muted, as revenue increased by just 1% to Rs1,425 crore....
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