EPACK Durable, a room air conditioner manufacturer, reported a 100% increase in net profit to Rs 23.40 crore in the June 2024 quarter. Revenue also jumped 77%.

EPACK Durable Ltd reported a consolidated net profit of Rs 4.83 crore for the third quarter ended December 2023. The company's revenue from operations was Rs 279.05 crore.

EPACK Durable Ltd. shares closed nearly 10% below its IPO price on Tuesday. The stock opened lower and continued to decline throughout the day.

EPACK Durable shares listed at a 4% discount on Tuesday, opening at Rs 225 on the BSE. The company manufactures room air conditioners and appliances.

EPACK Durable's IPO received 16.37 times subscription on the final day, with strong interest from NIIs, QIBs, and RIIs. The IPO raised Rs 192 crore from anchor investors and is expected to mobilize...

India's CGTMSE scheme now offers 90% credit guarantee coverage for women-led MSMEs, benefiting 27 lakh businesses. The move aims to enhance access to collateral-free credit for women entrepreneurs.

Life Insurance Corporation of India (LIC) has reduced its stake in DCM Shriram Industries to 4.66% from 6.675% over the past three years. The shares were sold at an average price of Rs 110.072.

Sensex closes above 83,000 for the first time, driven by positive global trends ahead of the US Fed's interest rate decision. Nifty also scales fresh peak.

Infosys and Metro Bank collaborate to digitize bank operations using AI-powered solutions, aiming for increased efficiency and cost savings.

Dental products firm Laxmi Dental has filed draft papers with Sebi to raise funds through an IPO, including a fresh issue of ₹150 crore and an offer for sale of shares.

India's CGTMSE scheme now offers 90% credit guarantee coverage for women-led MSMEs, benefiting 27 lakh businesses. The move aims to enhance access to collateral-free credit for women entrepreneurs.

Life Insurance Corporation of India (LIC) has reduced its stake in DCM Shriram Industries to 4.66% from 6.675% over the past three years. The shares were sold at an average price of Rs 110.072.

HSBC India has provided a Rs 300 crore green loan to Neovantage Innovation Parks, a life sciences real estate company in Hyderabad, to refinance existing debt. This marks HSBC's first green loan in...

Sensex closes above 83,000 for the first time, driven by positive global trends ahead of the US Fed's interest rate decision. Nifty also scales fresh peak.

The World Bank has pledged an additional $2 billion to Bangladesh to support critical reforms, flood response, air quality, and health. The funding aims to assist the interim government's reform...