Tag: BSE

IndustryLatest Stories

Kalpataru Shares Debut Flat, Surge Over 9% Later

NEW DELHI: Shares of real estate developer Kalpataru Ltd had a flat debut on Tuesday, opening at the issue price of Rs 414 but later rallied by over 9%. The stock began trading at Rs 414.10 on the BSE and gained momentum, increasing by 9.42% to reach Rs 453. On the NSE, it was listed at Rs 414, before climbing 9.37% to Rs 452.80. The company had a market valuation of Rs 9,121.99 crore in early trading. Kalpataru Ltd’s initial public offering (IPO) was subscribed 2.26 times by the end of bidding last Thursday. The IPO’s price band was set…

Housing FinanceLatest Stories

LIC Housing Finance Q4 FY25 Net Profit Soars 25% to ₹1,368 Cr

NEW DELHI: LIC Housing Finance announced a 25.4% increase in net profit, reaching Rs 1,368 crore for the fourth quarter ending March 2025, compared to Rs 1,091 crore in the same quarter of the previous fiscal year. The company reported total income of Rs 7,283 crore for the March quarter of FY25, an increase from Rs 6,937 crore in the corresponding quarter of FY24. For the fiscal year 2024-25, the net profit increased by 14% to Rs 5,429 crore, up from Rs 4,765 crore in FY24. LIC Housing Finance shares closed at Rs 624.90, gaining 1.31% from the previous close…