Evergrande liquidation highlights investor despair at China debts
A Hong Kong court-appointed liquidator for China Evergrande, opens a new tab on Monday
A Hong Kong court-appointed liquidator for China Evergrande, opens a new tab on Monday
The stock hit an all-time high of Rs 2,850 at 12.50pm on January 29
According to analysts, the lender's consolidated net profit is anticipated to experience a significant 25 percent year-on-year growth, reaching ₹3,716 crore
The net profit, at Rs 231.6 crore, is almost with the miss market estimates of Rs 415.1 crore crore
The company had in 2023 laid off 10 per cent of its employees
In the previous quarter, Q2FY24, the company had reported a loss of Rs 1,866 crore
The cabinet has given its go-ahead to Rs 8,500 crore incentive scheme for coal gasification projects, the sources said