Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2025-07-24 04:08:05| The Economic Times

Brigade Hotel Ventures launched its IPO today. The IPO aims to raise 759.6 crore. The price band is 8590 per share. The IPO will close on July 28. Listing is expected on July 31. The company plans to expand to 14 hotels by FY29. Brokerages have a mixed view on the IPO. High valuations are a concern.


Category: News and Media

 

LATEST NEWS

2025-07-24 04:04:12| The Economic Times

Mahindra Holidays & Resorts, a Vijay Kedia portfolio stock, reported a robust 69% YoY surge in standalone net profit to 76 crore for the June quarter. Revenue climbed 5% to 369 crore, with EBITDA soaring 42% to 161 crore. MD & CEO Manoj Bhat highlighted strong domestic performance and resilience in European operations despite currency headwinds.


Category: News and Media

 

2025-07-24 02:40:58| The Economic Times

Brigade Hotel Ventures plans to raise 759.6 crore through an IPO to reduce debt and acquire land, potentially decreasing promoter stake to 74.1%. A significant portion of its revenue is concentrated in Bengaluru, particularly from the Sheraton Grand Bangalore. While revenue and occupancy have increased, investors are advised to monitor performance post-listing due to high valuation compared to peers.


Category: News and Media

 

Latest from this category

25.07River Island plans to close 33 shops - why is it in trouble?
25.07Bank of Baroda Q1 Results: PAT grows 2% YoY to Rs 4,541 crore, NII decline 1.4%
25.07UK economy assessments should be cut to one a year, IMF suggests
25.07Nearly 77% of assets from B30 locations are in equity schemes: ICRA Analytics
25.07Former Robert Emmet Elementary School in Austin gets new life as community center, workforce development facility
25.07Brigade Hotel IPO subscribed 1.2 times on day 2; GMP hints at 7% listing pop
25.072 top stock recommendations from Sneha Seth
25.07Hot weather boosted retail sales in June
News and Media »

All news

25.07River Island plans to close 33 shops - why is it in trouble?
25.07Bank of Baroda Q1 Results: PAT grows 2% YoY to Rs 4,541 crore, NII decline 1.4%
25.07UK economy assessments should be cut to one a year, IMF suggests
25.07Nearly 77% of assets from B30 locations are in equity schemes: ICRA Analytics
25.07HR exec caught on Coldplay kiss-cam resigns after viral moment
25.07Trump and Jerome Powell have tense exchanges at rare presidential visit to the Fed
25.07Intels CEO just revealed why more layoffs are coming. His memo shows the grim impact of course correction
25.07Former Robert Emmet Elementary School in Austin gets new life as community center, workforce development facility
More »
Privacy policy . Copyright . Contact form .