Afcons Infrastructure IPO GMP: The initial public offering (IPO) of Afcons Infrastructure, a Shapoorji Pallonji company, opened for subscription on Friday and will close on October 29. The offering includes a fresh issue of shares valued at Rs 1,250 crore and an OFS of up to Rs 4,180 crore by promoter. Current GMP of Afcons is Rs 60, indicating a premium of 13% to the issue.
Shriram Finance Q2 Results: Net profit jumps 18% to Rs 2,071 crore; Rs 22 per share dividend declared
Shriram Finance Q2 Results: Shriram Finance on Friday reported a profit after tax (PAT) growth of 18.3% at Rs 2,071.26 crores as against Rs 1,750.84