ESAF Small Finance Bank shares to debut on Friday. What GMP signals ahead of listing
November 9th, 2023 19:27
The public offer was subscribed by a massive 73 times at close on strong demand from institutional investors. The QIB category was booked 173 times.ESAF Small Finance Bank has a focus on unbanked and under-banked customer segments, especially in rural and semi-urban areas. The AUM grew from Rs 8,426 crore to Rs 16,320 crore from FY21-23, registering a CAGR of 39.22%, the highest CAGR among peers.
GE Power India posts Rs 62 crore loss in Q2
November 9th, 2023 19:27
"During the second quarter of the financial year 2023-24, market conditions for our business have been consistent. We are still seeing that FGD (flue-gas desulfurisation) and Hydro PSP opportunities are converting to orders slower than anticipated," GE Power India Managing Director Prashant Jain said in the statement.
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