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iValue Infosolutions, an enterprise technology services provider, is set to raise up to 560 crore through an offer for sale, reducing the promoter group's stake to 32.7%. The company's revenue dipped in FY24 but recovered in FY25, with net profit increasing. Investors may consider waiting for a stable financial pattern post-listing, given the fluctuating cash flow and lower Ebitda margin.
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News and Media
NaBFID is prioritizing bank loans over bond markets this year due to lower interest rates and significant borrower prepayments exceeding 10,000 crore. Banks are offering rates below 7%, making them more attractive than bond issuances. This shift in strategy follows repo rate cuts, enabling banks to provide cheaper financing.
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News and Media
The Indian rupee strengthened, surpassing the 88-mark against the dollar due to a weakening US dollar ahead of a Federal Reserve rate cut and optimism surrounding India-US trade negotiations. The rupee gained 24 paise, marking its largest intraday increase in nearly a month.
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News and Media
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