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May 14, 2021 Ms. Madhu Jain, Director, IIFL Foundation said, “We have been closely watching the developments around the pandemic and are committed to supporting our communities in these testing times. An important step in this direction is addressing the shortage of oxygen in our communities. This will facilitate proper and timely treatment of patients, and reduction in number of deaths. It is our strong belief that by staying together and supporting each other, we can abate this crisis soon.”
Going forward, IIFL Foundation will continue to undertake relief measures and support the underprivileged sections of the society in their fight against the pandemic. ....
Here are the top stocks to track in today s session: Earnings Today: Wipro, Blue Blends (India), Hathway Bhawani Cabletel & Datacom and Tinplate Company of India are scheduled to announce their quarterly numbers on Thursday. Most brokerages expect Wipro s net profit to rise between 23-30 per cent year-on-year (YoY) but the figure could contract on a quarter-on-quarter (QoQ) basis. Infosys: The company posted a 17.5 per cent jump in net profit for the March quarter on YoY basis, even though it was down 2.3 per cent sequentially. Infosys’s board also approved a share buyback of up to Rs 9,200 crore. The buyback will be done from the open market and the price per share will not exceed Rs 1,750. ....
Shares of 5paisa Capital were locked at the 20 per cent-upper circuit at Rs 350.40 on the National Stock Exchange (NSE) on Thursday after the firm s board approved fund raising of Rs 251 crore at Rs 500 per share on preferential basis to marquee investors and Promoters and Promoter Group. The preferential issue price is at 70 per cent premium over Tuesday’s closing price of Rs 292 per share on the NSE. A combined around 200,000 equity shares had changed hands on the counter and there were pending buy orders for around 79,000 shares on the NSE and BSE till the time of writing of this report. ....
5Paisa Capital Shares Hit Upper Circuit On Fundraising Plan Apr 15 2021, 11:00 AM April 15 2021, 11:00 AM April 15 2021, 11:00 AM Shares of 5paisa Capital Ltd. hit an upper circuit after the discount brokerâs board approved a fundraising plan.The company will raise Rs 250.8 crore through preferential issue, according to an exchange filing. Equity shares and warrants will be issued at a price of Rs 500 apiece, a premium of over 70% to Tuesdayâs closing.The equity shares will be allotted to a set of marquee investors, while promoters and promoter group will be al. Shares of 5paisa Capital Ltd. hit an upper circuit after the discount brokerâs board approved a fundraising plan. ....