Navin Fluorine International: March ’22 Results Update
Moneylife Digital Team 11 May 2022
Navin Fluorine International Ltd (NFIL) reported a revenue growth of 22% y-o-y (year-on-year) to Rs409 crore in the March quarter. We had earlier covered NFIL in detail here. The revenue growth was supported by good performance in all business segments. Specialty chemicals segment revenue was up by 21% y-o-y to Rs159 crore, driven by healthy export sales and price hikes to offset high input...
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IPO Review: Delhivery Ltd
Moneylife Digital Team 11 May 2022
Incorporated in 2011, Delhivery Ltd (DL) is India’s largest and fastest growing fully-integrated logistics services-provider (LSP) in India by revenue as of FY20-21. It provides a full range of logistics services, including express...
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...
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...
LIC IPO Review: Attractive Pricing Leaves Scope of Initial Gains
Moneylife Digital Team 07 May 2022
In the largest initial public offering (IPO) ever, the government of India (GoI) is issuing shares of Life Insurance Corporation of India Ltd (LIC). LIC was incorporated in 1956 under the LIC Act by merging and nationalising 245...
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