Page 63 - Options Segment News Today

Meanwhile, Societe Generale bought 5.08 lakh shares of ZEEL at an average price of Rs 256.64 per share, totaling Rs 13.05 crore.

The firm recorded an EBITDA of Rs 55.5 crore in the reporting third quarter, a 45% decrease from the previous year.

In the 2023 Budget, the government increased the rebate under the new income tax regime to Rs 7 lakh, up from the previous Rs 5 lakh.

Sheetal Agarwal of IIFL caught up with the management to deep dive into recent developments.

The tax-exempt part of HRA is determined by the lesser of the actual HRA, 50% of salary for metro cities, or 40% for other cities, and the surplus rent paid annually over 10% of the salary.

The objective of the scheme is to generate income as well as capital appreciation via diversification across asset classes.

Manappuram Finance had strategically acquired a significant majority stake in Asirvad Micro Finance as part of its diversification strategy

While FY24 loan growth is likely to be slower due to IBPC and run down of e-HDFCL’s non-individual loans, it expects the growth to accelerate from FY25 onwards.

In a business report given on Sunday, the company stated that it registered good growth across all verticals in the October-December quarter.

The BSE Midcap and Smallcap indices closed slightly higher.