Jindal Stainless: The board has approved raising funds up to Rs 162.80 crore through the issue of convertible equity warrants on a preferential basis.รข€‹
Mishtann Foods: Q1 revenue from operation at Rs 26.98 crore against Rs 125.91 crore YoY. Net profit came in near Rs 10 lakh against Rs 3.14 crore YoY.
Ansal Housing: Q1 consolidated revenue from operations stood at Rs 24.62 crore against Rs 60.23 crore YoY. The company reported a loss of Rs 4.16 crore against Rs 5.16 crore YoY.
Gillette India: Net profit fell to Rs 44.97 crore from Rs Rs 45.82 YoY. Total income declined to Rs 352.74 crore from Rs 466.39 crore a year ago. The company follows July to June as its financial year.
Allcargo Logistics: The board of directors will meet on August 27 to consider and approve the voluntary delisting of shares.
Hindustan Aeronautic: The government will sell up to 15 percent stake in the stock via an offer for sale (OFS). The floor price for the offer has been fixed at Rs 1,001 per equity share.
Telecom stocks: Major loss in subscriber base was recorded in the mobile telephony segment in May, with Bharti Airtel and Vodafone Idea losing around 47 lakh mobile customers each. The total wireless customer base of Airtel and Vodafone Idea dipped to 31.7 crore and 30.9 crore, respectively.
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