Sunil Singhania-guided ABRAKUS Asset Manager Private Limited has collected more than 64.3 Lakh shares from SmallCap Edelweiss Financial Services in a block deal with a value of RS 64 Crore. The shares were obtained on RS 100 each, a discount of 0.9% until the Monday closing price. The sellers were Edelweiss Employees Welfare Trust and […]
Indus Towers reported a decrease of 9.8% on the year in the net profit for the first quarter to RS 1,737 Crore on Wednesday due to an increase in electricity and fuel costs, employees’ expenses and repair and maintenance costs. The profit after the tax for the quarter of June, despite an RS 88 crore-back-writing […]