Latest news with #rupees
Bloomberg
22-07-2025
- Business
- Bloomberg
Eternal Shares Touch Record High After Revenue More Than Doubles
Markets Eternal Ltd. shares jumped as much as 15% to touch a record high after the Indian e-commerce platform operator reported sales that beat analyst estimates, showing resiliency amid tough competition. Quarterly revenue in its quick-commerce segment reached 24 billion rupees ($278 million), more than double the year-ago figure. Though its net income tumbled 90%, analysts were impressed by Eternal's ability to grow sales despite the recent entry of Inc. and Walmart Inc.'s Flipkart India Pvt. to the market.
Bloomberg
17-07-2025
- Business
- Bloomberg
Adani Group to Get $1.3 Billion From Wilmar JV Stake Sale
Adani Enterprises Ltd. expects to get 108.7 billion rupees ($1.3 billion) by selling its residual stake in AWL Agri Business Ltd. as the ports-to-power conglomerate exits non-core activities to focus on its mainstay infrastructure businesses like renewables and airports. Billionaire Gautam Adani-led firm has agreed to sell a 20% stake in AWL – formerly Adani Wilmar Ltd. – to partner Wilmar International Ltd. 's unit Lence Pte. at 275 rupees a share, it said in a stock exchange filing Thursday.
Reuters
26-06-2025
- Business
- Reuters
India's Credila Financial Services files for $584 million IPO
June 26 (Reuters) - Credila Financial Services on Thursday filed for an initial public offering worth 50 billion rupees ($583.76 million), draft prospectus showed. ($1 = 85.6520 Indian rupees)
Reuters
17-06-2025
- Business
- Reuters
Indian miner Hindustan Zinc approves project worth $1.39 billion
June 17 (Reuters) - Hindustan Zinc ( opens new tab has approved a zinc metal complex project worth 120 billion rupees ($1.39 billion) as it looks to ramp-up capacity, the miner said on Tuesday. ($1 = 86.1560 Indian rupees)
Bloomberg
30-05-2025
- Business
- Bloomberg
Ola Electric Plunges as Losses More Than Double Amid Sales Drop
Ola Electric Mobility Ltd. declined the most in more than a month, after reporting quarterly losses that more than doubled from a year ago as sales dropped. The shares declined as much as 9.7%, the most intraday since April 7. Net loss was at 8.7 billion rupees ($102 million) in the quarter ended March 31, compared with 4.16 billion rupees a year ago, the company said in a statement Thursday.
