The ground worth of the difficulty is anticipated to be 1,660.2 rupees per share, a 4.4% low cost to Wednesday’s closing worth of 1,737.10 rupees.
This message is shipped by Japanese time now. As of June 30, 2024, Tencent held 4.6% of the shares of Policybazaar’s guardian firm by Tencent Cloud Europe BV, equal to greater than 1.94 billion rupees in shares.
This multi-stock inventory has returned 129% over the previous yr and has returned 115% thus far in 2024. That is considerably higher than the Nifty, which has returned 30% over the previous yr and 15% thus far this yr.
The corporate reported consolidated web revenue of Rs 60 million for the quarter ended June 30, 2024, in contrast with a lack of Rs 120 million in the identical interval final yr. Income elevated 52% year-on-year to 10.1 billion rupees. Well being and life insurance coverage) premiums soared 78%. Credit score disbursement throughout the quarter was Rs 3,100 crore, of which the variety of bank cards was 1.30 lakh. Thus far, the whole variety of transaction shoppers has reached 17.4 million, with 51 insurance coverage companions.
