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Hindustan Media Ventures Ltd Q1FY22 consolidated loss at Rs 23 60 crore
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Banco Products (India) Ltd leads losers in B group
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Hindustan Media Ventures Ltd posts consolidated net profit of Rs 21 10 crores in Q4FY21
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Shemaroo Entertainment Ltd, Coffee Day Enterprises Ltd, Hindustan Media Ventures Ltd and Oswal Agro Mills Ltd are among the other gainers in the BSE s B group today, 25 May 2021.
Shemaroo Entertainment Ltd, Coffee Day Enterprises Ltd, Hindustan Media Ventures Ltd and Oswal Agro Mills Ltd are among the other gainers in the BSE s B group today, 25 May 2021.
Barbeque-Nation Hospitality Ltd spiked 20.00% to Rs 767.5 at 12:04 IST. The stock was the biggest gainer in the BSE s B group. On the BSE, 96392 shares were traded on the counter so far as against the average daily volumes of 52820 shares in the past one month.
Shemaroo Entertainment Ltd surged 19.98% to Rs 138.4. The stock was the second biggest gainer in B group. On the BSE, 1.25 lakh shares were traded on the counter so far as against the average daily volumes of 27511 shares in the past one month.
OYO s Singapore arm secures $200M SoftBank loan
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Hospitality major OYO Hotels & Homes Singaporean subsidiary has received a term loan from SoftBank.
A regulatory filing showed that OYO Hotels (Singapore) Pte Ltd has secured a loan of $200 million from SB Investment Holdings (UK), an affiliate of SoftBank Vision Fund, for enhancing liquidity through the pandemic and strengthening its balance sheet.
The transaction was planned for 2020 and is being consummated now.
OYO has started recording steady signs of recovery across the globe led by its business in India, Europe and Southeast Asia while sustaining its gross margin to 100 per cent of pre-COVID levels.