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Epic Update : Tata Power

Tata Power, India’s largest integrated power company’s arm – Tata Power Solar, has launched a solar-based electricity back-up system for domestic consumers. The product called ‘Tata Dynamo’ works like a regular inverter that uses solar energy as its primary source of power. https://www.epicresearch.co/

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Epic Update : Indusind Bank

The bank has reported 29.79% rise in its net profit at Rs 346.90 crore for the quarter as compared to Rs 267.27 crore for the same quarter in the previous year. Total income of the bank has increased by 21.67% at Rs 2623.76 crore for quarter under review as compared to Rs 2156.29 crore for […]

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Epic Update : Anant Raj

Anant Raj is reportedly planning to divest two hotel properties in Delhi-NCR region. By selling two hotel properties, the company could fetch around Rs 900 crore. https://www.epicresearch.co/

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Epic Update : HDFC

HDFC is planning to raise $300 million through external commercial borrowing (ECB) to fund its expansion. The company has not yet decided whether the raising of funds will happen this fiscal or the next one. https://www.epicresearch.co/

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Epic Update : Bharat Forge

Bharat Forge’s indirect subsidiary in Hong Kong has divested its 51.85% stake in its Chinese JV operations ‘FAW Bharat Forge (Changchun) Company’ to its Joint Venture (JV) partner, China FAW Corporation, for $28.208 million amounting Rs 175 crore ending its 8 year old JV in China. Bharat Forge, since inception of joint venture in 2006, […]

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Epic Update : Vijaya Bank

Vijaya Bank  Board to mull conversion of 120 crore preference shares of Rs 10/sh into equity shares. https://www.epicresearch.co/

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Epic Update : SpiceJet

SpiceJet  warrant issue to promoters to result in fund infusion of Rs 133 crore into airline: Promoters’ holding in SpiceJet to rise to 58.46 percent after allotment of new shares https://www.epicresearch.co/

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