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Value 360 Communications Limited’s IPO opens May 4th, aiming to raise Rs 41.69 crore by May 6th. The public relations firm plans to list on NSE Emerge, using funds for expansion, technology, influencer marketing investment, and potential acquisitions. Proceeds will also cover debt repayment and working capital needs.
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Major US stock indices opened mixed on Thursday, with the S&P 500 and Nasdaq climbing on the back of robust earnings reports. Despite positive corporate results, investor sentiment was tempered by growing concerns over potential escalation of the Middle East conflict, which weighed on the Dow Jones Industrial Average.
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Aster DM Healthcare reported an 18% year-on-year revenue increase in Q4 to Rs 1,182 crore, with operating EBITDA up 31%. The company is on track to complete its merger with Quality Care India Ltd in Q1 FY27, creating a combined entity with over 10,600 beds.
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Equitas Small Finance Bank’s net profit surged five times to Rs 213 crore in the fourth quarter. This growth was fueled by expanded business and better asset quality. Provisions also decreased significantly. The bank saw its net interest margin improve. Gross advances grew by 22 percent year-on-year. Non-performing assets reduced, and credit costs declined.
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Indian government bonds ended April close to levels seen ​at the end of the ​month prior after declining on Thursday, as crude oil prices and Treasury yields ​surged, though dovish central bank policy helped calm some nerves.
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