NSE Declares Dividend of Rs. 80 Per Share as Profits From Unlisted Shares Increase 19%
The National Stock Exchange’s (NSE) Q4 performance has been strong, with a 19% year-on-year increase in profits from unlisted shares. This has enabled the NSE to declare a dividend of Rs. 80 per share, which will bring benefits to investors who have held their shares for at least 30 days as of the record date.The NSE’s net profit for the quarter was Rs 1,810 crore, up 19% from the same period last year. This was driven by an increase in trading activity and higher revenues from other sources such as data services and listing fees. The NSE also declared a dividend of Rs. 80 per share, which will be distributed to shareholders who have held their shares for at least 30 days prior to the record date of May 5th 2021. This is one of the highest dividends declared this financial year and represents a return on investment of 8.3%. This news will come as welcome relief to investors, who can now look forward to receiving additional returns from their holdings in the NSE. NSE’s Q4 Net Profit Rises 19% to Rs. 1,810 Crore on Gains From Unlisted Shares NSE declared a dividend of Rs. 80 per share for the Quarter 4 (Q4) of its fiscal year, following robust profits driven by gains from unlisted shares. The National Stock Exchange’s (NSE) net profits rose by a whopping 19% to Rs 1,810 crore in Q4, compared to the same period last year. This was largely attributed to NSE’s gains from its investible surplus investment in unlisted equity stock. The unlisted shares portfolio recorded a marked improvement in value from Rs 2,189 crore at the end of March 2020 to Rs 2,668 crore as of March 2021. The dividend declared for FY21 was higher than the dividend declared for FY20 – Rs 70 per share – after the Indian stock exchange reported a record net profit of Rs 7,095 crore during FY20-21 which was an increase of 10.6% compared with the previous year. This marks yet another successful financial year for NSE despite global economic challenges due to COVID-19 pandemic. Dividend of Rs. 80 Per Share Declared for FY20 The National Stock Exchange (NSE) has declared a dividend of Rs. 80 per share for the financial year 2020, with net profits increasing by 19% YoY to Rs 1,810 crore. This is the fourth consecutive year of double-digit growth for NSE and the highest-ever dividend declared since its inception in 1992. The results were driven by a strong performance in unlisted stocks and improved operational efficiency. The exchange’s income from unlisted stocks surged to Rs 11,489 crore for the quarter ended March 2020, up 19% from last year’s corresponding period of Rs 9,603 crore. Meanwhile, total expenses rose 15%, from Rs 315 crore to Rs 362 crore during the period. This dividend will be paid out on June 15th to the shareholders that are listed on NSE as of April 23rd, 2020. It is yet another testament to NSE’s successful business strategy and ability to capitalize on market opportunities while providing long-term value to its shareholders. Revenue From Operations Up 12% Due to Higher Transaction Charges Revenue from operations for the NSE Q4 was up 12% year-on-year due to higher transaction charges. The stock exchange earned ₹882 crore in fiscal 2019-20, compared to ₹789 crore in the corresponding period of the previous year. The rise in revenues can be attributed to an increase in fees and transaction charges, which were Rs 333 crores compared to Rs 287 crores recorded in the previous year. This increase was driven by higher volumes of trades, both by institutional and retail investors, resulting from increased market volatility due to macroeconomic factors. Additionally, NSE earned a significant chunk of its revenues from non-trading income such as corporate membership fee and listing fee which stood at Rs 318 crores compared to Rs 273 crores last year. This too can be attributed to the increasing participation in India’s capital markets by domestic and global investors. Earnings From Unlisted Shares Grow 19% to Rs. 632 Crore The National Stock Exchange (NSE) has announced a 19% growth in unlisted shares earnings in its fourth quarter results, taking its total earnings up to Rs. 632 crore. This is particularly impressive given the tough economic conditions this year, showing the resilience of their stock trades. To reward shareholders for this success, NSE has declared a dividend of Rs. 80 per share. This dividend is higher than the previous year’s dividend of Rs. 68 per share, indicating the trust and confidence investors have in this company. Some of the factors that have contributed to NSE’s record net profit include: It is clear that NSE has adopted an effective strategy for navigating these challenging times, reinstating investor confidence and paving the way for greater future success. NSE to Consider Raising Up to Rs. 5,000 Crore Through IPO The world’s largest derivatives market, the National Stock Exchange (NSE), is all set to raise up to Rs. 5,000 crore through an initial public offering (IPO). This comes on the back of NSE’s latest quarterly report which revealed a 19% increase in profits from unlisted shares. The IPO is likely to be one of the biggest ever in India and will be used to fund NSE’s expansion plans. The exchange has stated that it will use the funds to develop new products and technology and further strengthen its position as a global financial market leader. The offer will consist of fresh equity shares, as well as part of NSE’s existing shares held by investors like Goldman Sachs and SoftBank Group. NSE’s decision to go public is indicative of the company’s confidence in its operations, performance and outlook in the near future. With an estimated market cap of `45,000 crore, this would be one of India’s biggest IPOs if successful. As the Indian stock market continues to reach new highs thanks to record-breaking inflows from FIIs, NSE’s IPO could be well-timed for investors looking for exposure in a blue-chip
METRO Concludes ₹2,850 Cr Deal with Reliance Retail
METRO, the global retail giant, has successfully completed a significant ₹2,850 crore deal with Reliance Retail to sell its Cash & Carry business in India. This strategic move allows Reliance Retail to further strengthen its presence in the Indian retail market. The deal signifies a significant milestone for both companies, enabling METRO to focus on its core operations while providing Reliance Retail with an opportunity for expansion. The acquisition of METRO’s Cash & Carry business will enhance Reliance Retail’s offerings and strengthen its position as a key player in the industry. For investors interested in the retail sector, this development may spark interest in Reliance Retail’s unlisted shares. As the company continues to expand its footprint and diversify its operations, investing in Reliance Retail’s unlisted shares presents an opportunity to be part of its growth journey. Investors considering the purchase of unlisted shares should conduct thorough research, evaluate market trends, and seek expert advice. Understanding the company’s financial performance, growth prospects, and future plans is essential for making informed investment decisions. Reliance Retail and METRO deal Conclusion The completion of the ₹2,850 crore deal between METRO and Reliance Retail signifies a significant shift in the Indian retail landscape. Reliance Retail’s acquisition of METRO’s Cash & Carry business presents an opportunity for investors to explore the potential of its unlisted shares. As the retail industry continues to evolve, investing in Reliance Retail’s unlisted shares allows individuals to align their investments with a prominent player in the market and potentially benefit from its future growth.
Byju’s Secures $250M Investment from Davidson Kempner in $1B Funding Round
Byju’s, the renowned edtech giant, has successfully raised a staggering $250 million from Davidson Kempner as part of a significant $1 billion funding round. This substantial investment marks a significant milestone in Byju’s growth trajectory and cements its position as a key player in the education technology industry. The infusion of funds will propel Byju’s expansion plans, enabling the company to further innovate and enhance its offerings. With this boost, Byju’s aims to revolutionize the education landscape by providing high-quality learning experiences powered by technology. Moreover, this development is expected to generate interest among investors in Byju’s unlisted shares. As the company’s valuation continues to soar, individuals seeking investment opportunities may consider exploring the option of buying Byju’s shares. This presents an avenue for investors to participate in Byju’s future growth and contribute to shaping the future of education. Investing in Byju’s unlisted shares provides an opportunity to align with a leading player in the edtech sector and capitalize on its success. It is important for potential investors to conduct thorough research, seek expert advice, and stay updated on market trends before making any investment decisions. CONCLUSION Byju’s securing $250 million from Davidson Kempner in the $1 billion funding round serves as a testament to its strong market presence and growth potential. The availability of Byju’s unlisted shares further amplifies investment opportunities for those interested in the edtech industry. As Byju’s continues to redefine the future of education, individuals can consider the option of purchasing its unlisted shares to be part of this transformative journey.
Tata Technologies and TiHAN-IITH Join Forces for SDVs and ADAS
Tata Technologies, in collaboration with TiHAN-IITH, is set to revolutionize the field of self-driving vehicles (SDVs) and Advanced Driver Assistance Systems (ADAS). This strategic partnership aims to combine Tata Technologies’ expertise in engineering solutions with TiHAN-IITH’s cutting-edge research in autonomous technologies. With the rapid advancements in autonomous driving, Tata Technologies and TiHAN-IITH are poised to develop innovative solutions that enhance the safety and efficiency of SDVs. Through this collaboration, they aim to bring forth groundbreaking advancements in ADAS, paving the way for a future where autonomous vehicles are a common sight on the roads. Investors interested in the growth potential of Tata Technologies can explore the option of investing in its unlisted shares. With the company’s strong market presence and technological advancements, Tata Technologies’ unlisted shares have garnered significant attention from investors. However, it is crucial to conduct thorough research and seek expert advice before making any investment decisions. As the partnership between Tata Technologies and TiHAN-IITH unfolds, it holds the promise of shaping the future of autonomous driving. This collaboration not only signifies their commitment to innovation but also showcases their dedication to creating safer and more efficient transportation solutions. In conclusion, the collaboration between Tata Technologies and TiHAN-IITH marks a significant milestone in the development of SDVs and ADAS. With their combined expertise, they are poised to drive the transformation of the automotive industry. Investors keeping an eye on Tata Technologies‘ unlisted shares should closely monitor the progress of this partnership, as it has the potential to impact the company’s growth trajectory in the coming years. You can connect with bharatinvest to invest . Get regular updates on share price, news, corporate actions. Tata Technologies Share Price as of 08-05-2023 is trading at RS. 900 in the unlisted market.
Tata Technologies IPO: Expected Issue Price and Current GMP
Tata Technologies, a subsidiary of Tata Motors, is set to hit the Indian stock market with its initial public offering (IPO) soon. The IPO is expected to raise around Rs 1,500 crore and the company is planning to utilize the proceeds to repay its debts and for general corporate purposes. The grey market premium (GMP) for Tata Technologies shares has been in the range of Rs 100 to Rs 120 per share, indicating strong investor interest in the IPO. The demand for unlisted Tata Technologies shares has also been high, with investors looking to cash in on the company’s growth potential. The issue price for Tata Technologies shares has not been officially announced yet, but industry experts believe that it may be in the range of Rs 750 to Rs 800 per share. This is based on the company’s financial performance and growth prospects in the coming years. Tata Technologies is a leading global engineering and design solutions provider, serving clients across various industries such as automotive, aerospace, industrial machinery, and healthcare. The company has a strong presence in India, the US, and Europe and has been expanding its operations in emerging markets such as China and Southeast Asia. The company has also been making efforts to diversify its business by offering digital solutions and services, in addition to its core engineering and design offerings. This has helped Tata Technologies to stay competitive in the rapidly evolving technology landscape. In addition to the IPO, investors can also consider buying Tata Technologies unlisted shares, which have been trading at a premium in the grey market. However, it is important to conduct thorough research and due diligence before investing in any unlisted shares. Overall, Tata Technologies IPO presents an attractive investment opportunity for investors looking to gain exposure to the engineering and design solutions sector. With its strong market position, diversified offerings, and growth potential, the company is well-positioned to create long-term value for its shareholders. You can connect with bharatinvest to invest . Get regular updates on share price, news, corporate actions. Tata Technologies Share Price as of 08-05-2023 is trading at RS. 900 in the unlisted market. Source : Mint
Boat Joins ONDC to Expand Its Presence in the Indian Market
Boat, the popular wearables brand, has recently joined the Open Network for Digital Commerce (ONDC) to strengthen its presence in the Indian market. ONDC is a Government of India initiative that aims to promote the adoption of digital commerce across the country. By joining ONDC, Boat will be able to leverage its digital infrastructure and offer a seamless shopping experience to its customers. ONDC’s platform allows businesses to connect with each other and with customers in a secure and efficient manner, enabling them to tap into a wider market and increase their revenue. The move comes at a time when Boat is experiencing strong growth in the Indian wearables market. The company has been expanding its product portfolio and has recently launched a range of smartwatches and fitness trackers. With the help of ONDC, Boat is looking to further strengthen its position in the market and reach out to more customers. Boat has also been in the news recently for its unlisted shares, which have been seeing strong demand in the market. The company’s success in the wearables market has led to a surge in investor interest, with many looking to buy Boat‘s unlisted shares. As a result, the price of Boat’s unlisted shares has been steadily rising, making it an attractive investment opportunity for investors. Boat’s decision to join ONDC is a strategic move that will help the company tap into the growing Indian market and expand its reach. With its strong product portfolio and increasing demand for its unlisted shares, Boat is well-positioned to capitalize on the opportunities presented by the Indian wearables market. BoAt Share Price as of 07-05-2023 is trading at RS. 765 in the unlisted market. Get regular updates on Boat share, share price, news, corporate actions.
After 10 Years, Oyo Finally Turns Profitable! Reports Rs 90 Crore Cash Flow Surplus Before Crucial IPO Launch
Oyo, the Indian hotel aggregator start-up, has finally turned profitable after a decade of operations. The company reported a cash flow surplus of Rs 90 crore ($12 million) in the financial year 2020-21 before its much-awaited initial public offering (IPO) launch. This news comes as a surprise to many as Oyo was struggling with losses and mounting debt for the past few years. However, the company’s efforts to streamline operations and cut costs seem to have paid off. Oyo’s revenue for FY 2020-21 was Rs 3,619 crore ($487 million), which is a 30% decrease from the previous year. The decrease in revenue can be attributed to the pandemic’s impact on the hospitality industry. The turnaround story of Oyo is nothing short of remarkable. Founded in 2013 by Ritesh Agarwal, a college dropout, Oyo quickly became the go-to budget hotel aggregator for millions of travelers in India. However, in recent years, the company faced severe criticism for its business practices and mounting debt. Agarwal took over as CEO in 2020 and vowed to turn the company around. Oyo‘s success can be attributed to several factors. First, the company’s focus on technology and data analytics helped it to streamline operations and reduce costs. Second, the pandemic forced the company to rethink its business model and pivot towards long-term bookings. Finally, Oyo’s IPO launch provided the company with much-needed financial stability. Oyo’s success has not only put it back on the map but has also brought back investor confidence in the hospitality industry. With the pandemic’s impact on the industry waning, Oyo’s IPO launch is expected to be a game-changer for the company. The IPO is expected to value Oyo at $12-15 billion and will provide it with much-needed funds for expansion. CONCLUSION Oyo’s turnaround story is an inspiration to all entrepreneurs who face obstacles and challenges in their businesses. It is a reminder that with hard work, dedication, and a little bit of luck, anything is possible. Oyo’s success is not only good news for the company but also for the Indian startup ecosystem as a whole. OYO share price as of 26/04/23 is Rs 70. You can connect with bharatinvest to invest in OYO’s Share. Get regular updates on OYO share Price , unlisted shares only on Bharat Invest.
SEBI Directs Lava International To Refile IPO Papers: What Does It Mean?
Lava International , one of the leading Indian mobile phone manufacturers, was recently directed by the Securities and Exchange Board of India (SEBI) to refile its IPO papers. The move has raised concerns among investors who were eagerly awaiting the company’s IPO. The SEBI’s decision to ask Lava International to refile its IPO papers was based on certain discrepancies in the company’s financial statements. SEBI found that the company had not provided adequate details about its financials in the draft red herring prospectus (DRHP) that it had filed earlier. The regulatory body also found that Lava International had not disclosed certain critical aspects of its business operations. The move has come as a setback for the company, which was planning to raise funds through an IPO to expand its operations and compete with other mobile phone manufacturers in the country. However, SEBI’s decision to ask the company to refile its papers does not mean that the IPO has been cancelled. Lava International can still go ahead with its IPO plans once it has addressed the concerns raised by SEBI. The decision to refile IPO papers is not uncommon in the Indian capital markets. SEBI is known for its strict regulations and scrutiny of IPO filings to protect investors’ interests. SEBI’s directive to Lava International is a reminder to companies that they need to be transparent and provide accurate and complete information in their IPO filings. Investors who were planning to invest in Lava International’s IPO should not be discouraged by this development. Instead, they should take it as a positive sign that SEBI is taking steps to ensure that companies provide accurate information to investors. Once Lava International refiles its IPO papers, investors will have the opportunity to assess the company’s financials and business operations in detail before making an investment decision. CONCLUSION SEBI’s directive to Lava International to refile its IPO papers may delay the company’s IPO plans, but it is a necessary step to ensure that investors are protected. Companies planning to go public should ensure that they provide accurate and complete information in their IPO filings to avoid any delays or regulatory action. Reliance Retail share price as of 04/05/2023 is Rs 133. Get regular updates on LAVA share Price , unlisted shares only on Bharat Invest.
Reliance Retail Acquires Raskik and Toffeeman Partnership with Maliban
Reliance Retail, the retail arm of Reliance Industries, has acquired two Sri Lankan biscuit brands, Raskik and Toffee, in partnership with Maliban, a leading biscuit manufacturer in Sri Lanka. The move is expected to strengthen Reliance Retail’s position in the biscuit and snack segment in the South Asian market. The acquisition of Raskik and Toffee is part of Reliance Retail’s strategy to expand its product portfolio and tap into new markets. The two brands have a strong presence in Sri Lanka and are known for their high-quality products and innovative flavors. Reliance Retail’s partnership with Maliban is expected to bring significant synergies, combining Reliance Retail’s marketing and distribution expertise with Maliban’s deep understanding of the Sri Lankan market. The partnership will also provide Reliance Retail with access to Maliban’s manufacturing facilities, enabling it to leverage the company’s capabilities to produce its own brands in Sri Lanka. The acquisition of Raskik and Toffee also reflects Reliance Retail’s commitment to sustainable growth and responsible business practices. The two brands are known for their ethical and sustainable production practices, and Reliance Retail plans to build on this legacy by investing in sustainable production methods and responsible sourcing of raw materials. In a statement, Mukesh Ambani, the chairman of Reliance Industries, said that the partnership with Maliban and the acquisition of Raskik and Toffee are part of Reliance Retail’s larger vision to become a global leader in the food and beverage industry. He further stated that the South Asian market is a high-potential growth area, and Reliance Retail is committed to tapping into this market with innovative and sustainable products. Conclusion of Reliance Retail Reliance Retail‘s acquisition of Raskik and Toffee in partnership with Maliban is a significant step towards expanding its presence in the South Asian market. The partnership is expected to bring significant synergies, enabling Reliance Retail to leverage Maliban’s manufacturing capabilities and market expertise to reach a wider audience. With a focus on sustainable production methods and responsible sourcing of raw materials, Reliance Retail is well-positioned to become a leader in the food and beverage industry in the region. Reliance Retail share price as of 28/04/2023 is Rs 2400. Get regular updates on Reliance Retail share Price , unlisted shares only on Bharat Invest.
Reliance Retail Ventures into Toy Manufacturing with New Joint Venture
Reliance Retail, the retail arm of Reliance Industries, has announced its entry into the toy manufacturing sector with a new joint venture. The company has partnered with a leading toy manufacturer to create a new entity that will focus on designing, manufacturing, and distributing toys in India. This move is in line with Reliance Retail’s commitment to diversifying its product portfolio and tapping into new markets. The toy manufacturing sector in India has enormous growth potential, and Reliance Retail’s entry is expected to bring significant disruption and innovation to the industry. The new joint venture will leverage Reliance Retail’s extensive distribution network and marketing expertise to reach a wider audience. It will also benefit from the partner company’s years of experience in the toy manufacturing industry, ensuring that the products meet the highest quality standards. According to Mukesh Ambani, the chairman of Reliance Industries, the toy manufacturing industry is a crucial part of the “Make in India” initiative. He further stated that the new joint venture is a step towards creating a self-reliant India by building local manufacturing capabilities and reducing reliance on imports. The partnership with a leading toy manufacturer is also a significant milestone for Reliance Retail, reflecting its growing presence in the Indian market. The company has been expanding aggressively in recent years, with a focus on digital commerce and omnichannel retail. Conclusion Reliance Retail’s entry into the toy manufacturing sector is a bold move that is expected to bring significant changes to the industry. The new joint venture, with its focus on quality, innovation, and local manufacturing, is well-positioned to capture a significant share of the market. With Reliance Retail’s extensive distribution network and marketing expertise, the venture is expected to reach a wide audience and contribute to the growth of the “Make in India” initiative.