According to the ETIG analysis, aggregate revenue for a sample of 3,400 companies rose by 6.9% while net profit grew by 12.6% year-on-year in the December quarter. Revenue and profit growth was 7.9% and 26.2%, respectively, in the year-ago quarter.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000