News for Capri Global Capital Limited (CGCL.BO)

Ace investors Prashant Jain and Madhu Kela have invested in Capri Global Capital via its Rs 2,000 crore QIP, marking the NBFCs first such issue in nearly a decade. The offering saw strong interest from top domestic and global institutions, boosting Capris capital base for future expansion across lending segments.

Indian markets ended higher on Monday, with Nifty reaching an eight-month high and banking stocks rallying to record levels, driven by RBIs surprise easing, strong U.S. jobs data, and progress in global trade discussions.

Equity indices rise on global and domestic cues, financial stocks lead, Nifty at eight-month high, positive market outlook.

Equity indices rise on RBI policies and global cues, with Sensex up 0.35% and Nifty 50 up 0.43%.

Capri Global Capital and Tourism Finance Corporation of India (TFCIL) soared with a 20% upper circuit on Wednesday despite the overall market decline. Capri Global reported an 88% annual profit growth, while TFCIL is trading above its 50-day and 200-day SMAs, indicating strong performance.

Muted revenue growth, narrowing margins and downgrades weighed on companies in December quarter.

Capri Global Capital's shares may attract investor attention on January 24 after reporting a 111% YoY surge in standalone net profit to Rs 108 crore for Q3 FY2024. Total income rose to Rs 604.2 crore from Rs 477.7 crore. The company also announced key executive changes, with Abhishek Yadav appointed as the new Chief Compliance Officer, effective January 23, 2025.

Quadrant Future Tek's IPO, oversubscribed 48.99 times, aims to raise funds for specialty cable division and railway projects.

Quadrant Future Tek IPO receives overwhelming response, closes Thursday with price band of ₹275-290, funds for long-term working capital.

Quadrant Future Tek is selling its shares in the price band of Rs 275-290 apiece, which could be applied for a minimum of 50 shares and its multiples to raise a total of Rs 290 crore.

Quadrant Future Tek IPO offers shares at ₹275-290, with funds raised for specialty cable division, interlocking system, and general purposes.

Quadrant Future Tek on Monday said it has raised over Rs 130 crore from anchor investors a day before its initial share sale opening for public subscription.

Data compiled from an Emkay report shows that the aggregate adjusted PAT growth of BSE 500 companies declined by 0.5% year-on-year. Comparatively, the earnings growth was 3.2% in the June 2024 quarter and 41.6% year-on-year in the corresponding period of the previous year. The performance deteriorates further if the financial sector companies are excluded as the adjusted net profit growth contracts to 9.8% year-on-year. The energy sector significantly dragged the overall earnings growth whereas healthcare and industrial sectors provided support.

Oct 30, 2024 / 10:30AM GMTOperator Ladies and gentlemen, good day, and welcome to Capri Global Capital Limited Q2 FY25 earnings conference call hosted by Go Ind

Investor Madhuri Kela purchases a 0.97% stake in Godavari Biorefineries for ₹17 crore after its IPO debut. The company, focused on ethanol-based chemicals, aims to use IPO proceeds to clear debt and expand bio-based speciality chemicals operations.

Investor wealth, as suggested by the BSE m-cap, fell Rs 8.14 lakh crore to Rs 435.64 lakh crore compared with a valuation of Rs 443.79 lakh crore recorded in the previous session.

Indian equity indices fell for a third session due to lackluster corporate earnings and foreign selling, despite gains from Bajaj Finance. Analysts suggest Nifty's crucial support is at 24,378; a break below could lead to further declines.

Stocks including Bajaj Auto, ONGC, Cochin Shipyard, LTIMindtree, Power Finance Corporation, PNC Infra, RailTel, HFCL and more will be the spotlight on Wednesday, October 16.

Tata Power, ONGC, PNC Infratech, KEI Industries, GR Infraprojects, Capri Global Capital, RailTel, Lupin, Adani Energy Solutions, CCI, Power Grid, Cochin Shipyard, Kernex Microsysems.