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IGI REVENUE GROWTH
IGI shares hit 10% upper circuit as Q2 profit jumps 43%, revenue rises 31% YoYInternational Gemological Institute shares hit the 10% upper circuit after Q2 FY27 revenue rose 31% and profit surged 43% year on year. Gro...- IGI Q2 Results: Consolidated PAT surges 43% to Rs 185 croreThe International Gemological Institute recently announced an impressive 43.14 percent growth in profit after tax for the previous quarter....
- Max Estates buys 85-acre land in Delhi to build projects, eyes Rs 10,000-12,000 cr revenueMax Estates has successfully acquired 84.71 acres in West Delhi for a whopping Rs 420 crore. This bold move paves the way for future reside...
- Buy, Sell or Hold: Goldman Sachs maintains buy rating on Jindal Stainless; Citi recommends sell call on BioconIGI: Morgan Stanley stays bullish, citing strong certification-market growth and the company’s shift toward a consumer-focused business.Jin...
- IGI India Q2 PAT jumps 63% YoY; margins, growth remain strongIGI India reported robust Q2 FY25 results, with revenue up 16% and PAT surging 63% YoY. EBITDA rose 37%, driven by strong momentum across a...
- Glenmark Pharmaceuticals targets 70% branded portfolio by 2030, boosts focus on novel drugsGlenmark Pharmaceuticals is transitioning into an innovation-driven company over the next 4-5 years, emphasizing its novel drug portfolio a...
- Motilal Oswal sees 28% upside in Glenmark Pharma, hails $700 mln cancer drug deal as ‘new era’ for innovation playGlenmark Pharma shares: The brokerage noted that the agreement—executed through Glenmark’s subsidiary, Ichnos Glenmark Innovation (IGI)—“va...
- Relief for domestic flyers as regulator rejects Delhi Airport’s proposal for hike in charges for domestic flyersThe Airport Economic Regulatory Authority (AERA) has decided to maintain the current User Development Fee (UDF) for domestic passengers at ...
- Reduce Glenmark Pharmaceuticals, target price Rs 1,265: ICICI SecuritiesICICI Securities maintains a Reduce call on Glenmark Pharmaceuticals with a target price of Rs 1,265. The current market price is Rs 1365.9...
- Newmalayalam Steel IPO Day 2: Subscription status, key dates, GMP, price band, and other detailsNewmalayalam Steel's SME IPO, aiming to raise Rs 42 crore, offers shares at Rs 85-90 each, with a lot size of 1,600 shares. The company's s...
- International Gemmological Institute IPO share allotment likely today: Check status, GMP, listing date and other detailsThe company's shares are set to debut on the exchanges on December 20. Market sources indicate that International Gemmological Institute is...
- International Gemmological Institute IPO subscribed by 1.42 times on day 3. Check GMP, other detailsThe Rs 4,225 crore issue, comprising fresh equity and an OFS, saw strong demand from retail investors, subscribing 4.07 times. Non-institut...
- International Gemmological Institute IPO subscribed 72% on Day 2. Check GMP, other detailsThe IPO received bids for 4.24 crore shares against 5.85 crore available. The retail portion was oversubscribed 2.44 times, NIIs booked 83%...
- IGI to use IPO proceeds of India entity to make acquisitions: IGI managementIGI, a leading gemstone and diamond certification body, is pursuing an IPO in India to consolidate its global operations and capitalize on ...
- International Gemmological Institute IPO opens. Check key dates, GMP, price band, subscription and reviewThe International Gemmological Institute (IGI) launched its Rs 4,225 crore IPO, open for subscription until December 17. The IPO aims to ac...
- IGI offers long-term play for investors keen on niche bizThe company's revenues grew at a CAGR of 32.3% from ₹365 crore in FY22 to ₹638 crore in FY24. Net profit rose at a CAGR of 37.6% to ₹325 cr...
- Delhi government approves 24x7 operations for Aerocity restaurants to boost tourism, revenueThe Delhi government approved 24-hour operations for restaurants in Aerocity to boost tourism and economic growth. Chief Minister Atishi ai...
- Blackstone eyes $300 million IPO of Indian diamond certification firm: ReportBlackstone acquired IGI for $570 million in May 2023 from Chinese conglomerate Fosun and the business's founding Lorie family. IGI has most...
- Blackstone acquires diamond certification co IGI for $570 mnBlackstone on Sunday said that it has acquired International Gemological Institute (IGI) from China's Fosun and Roland Lorie, part of the f...
- DIAL goes into cost-cutting mode as capacity cuts hurtGMR Group-led Delhi International Airport (DIAL) is feeling the pinch of slowdown in the aviation sector.
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