Fri, Feb 9, 2024 10:21 PM
MRF posts Rs 509.71 crore consolidated PAT for Q3
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The NTPC Green Energy IPO garnered a subscription rate of 12 percent on its opening day, November 19, with investors subscribing to over 7 crore shares against the 59.3 crore shares on offer. Retail Individual Investors (RIIs) led the initial response, subscribing to 50 percent of their allotted 8.6 crore shares, amounting to 4.3 crore shares.
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OK Play India Ltd's share price surged 5% on Tuesday, hitting the upper circuit limit, following the company's Q2 results, which showed a 25% decline in net profit but a 2.5% growth in Ebitda. Revenues fell 6% year on year, but the company expects benefits from capacity expansions to materialize in Q4 and projects robust business growth.
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Indian NRIs can invest in the country's growth through five chief options: equity mutual funds and stocks, global GIFT City funds, portfolio management services, real estate, and the National Pension System, each offering unique benefits and risks, such as growth potential, diversification, tax efficiency, and retirement security, to suit varying risk profiles and investment goals.
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