Tue, Nov 26, 2024 5:06 PM
Surana Telecom Standalone September 2024 Net Sales at Rs 1.85 crore
A Flip by Shubhangi Gupta
Exide Industries Ltd invested ₹99.99 crore in its subsidiary Exide Energy Solutions Ltd through a rights issue, increasing its stake to ₹3,052.24 crore, maintaining 100% ownership. The investment will aid EESL's greenfield manufacturing plant in Bengaluru, producing advanced chemistry battery cells for electric vehicles and stationary applications.
Open Flip
William Blair analyst Jeff Schmitt initiates coverage of Nasdaq with an Outperform rating, citing its successful transition from an exchange operator to a leading technology company with a consistent growth profile. Non-transactional revenues make up 80% of its mix, with 60% being recurring, and scalable technology solutions offering favorable long-term growth prospects.
Open Flip
Mastercard Foundation Asset Management Corp., a new institutional investor, has made a significant purchase in the private equity secondaries market, buying private equity stakes from Eastman Kodak Co.'s pension plan for $550.6 million, a 28% discount, as part of its plan to diversify its $50 billion Mastercard stake.
Open Flip
