Largest CCTV maker Aditya Infotech's Rs 1300 crore IPO opens next Tuesday at Rs 640-675 price band
The company, which sells its product under the label of CP Plus, is the market leader among domestic players by a wide margin in a Rs 15,000 crore market of around 40 million units. The company is increasing its installed capacity to 2.5 million in two phases ending Q1FY27—the first half will see a million going onstream by the end of the next quarter and the second half will see a million getting commissioned by the first quarter of the next fiscal.
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Time of India
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Time of India
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Time of India
an hour ago
- Time of India
Lured in earning high returns in stock market, 4 lose 1.25cr
Pune: Cybercrooks cheated four people in city out of Rs 1.24 crore in separate online share trading frauds between Oct last year and June. Separate cases have been registered with the Bavdhan, Koregaon Park, and Kondhwa police on Thursday. Inspector Bhaksar Kadam of the Bavdhan police said a woman (35) from Bhugaon, an employee of a prominent software company in Yerawada, lost Rs 52.4 lakh to cybercrooks in Oct last year. She filed an online complaint. After preliminary investigations, a case was registered on Thursday. "The complainant told us that a woman contacted her and claimed that she was from a prominent brokerage firm. She assured the victim of good profit on her investments in the stock market through their firm," Kadam said. You Can Also Check: Pune AQI | Weather in Pune | Bank Holidays in Pune | Public Holidays in Pune The officer said the victim downloaded the firm's app and started investing money. She transferred amounts and could see in the app that she was earning a good profit. After transferring Rs 47.38 lakh to different bank accounts, the complainant tried to withdraw her money. She was then told to pay Rs 5 lakh in tax. The victim transferred that amount as well. "The victim became suspicious when the brokerage firm stopped responding to her calls. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Many Are Watching Tariffs - Few Are Watching What Nvidia Just Launched Seeking Alpha Read More Undo She realised she was duped and approached the police," Kadam said. Similarly, a medical practitioner (28) from Koregaon Park lost Rs 28.2 lakh between May and June this year. She stated in her complaint that she came into contact with the cybercrooks through her father, who was already in a group of investors on his mobile messenger app. She was added to another group of investors, where she was given information about the stock market. She was then told to download an app to make investments. "Initially, the complainant transferred Rs 50,000 and earned a profit of Rs 4,500 on her investment. Between May and June, she transferred Rs 28.20 lakh to different bank account numbers," an officer from the Koregaon Park police said. The officer said when the woman tried to withdraw her money, she was told to pay Rs 12 lakh, claiming that she had been given additional IPOs of that amount. When the woman refused to pay the money, the crooks stopped responding to her calls and duped her, the officer said. Using same modus operandi, cybercrooks duped a private company official (46) from Katraj and a pharmaceutical firm manager (33) of Rs36 lakh and Rs7.76 lakh, respectively, between March and June. Two separate cases were registered with the Kondhwa police on Thursday. The 46-year-old victim was promised a 10% profit on his investments in the stock market and crooks took money from him to different bank accounts under the pretext of purchasing IPOs and payment of tax, an officer from the Kondhwa police said.
