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May 04, 2022

• TATA STEEL : BOARD APROVES 1:10 STOCK SPLIT TATA STEEL Q4 ; CON. NET PROFIT UP 47 % AT 9756 CR (YOY), UP 2 % (QOQ) REVENUE UP 39 % AT 68710 CR (YOY), UP 14 % (QOQ) EBITDA UP 6 % AT 1416 CR (YOY), DOWN 8 % (QOQ) MARGINS AT 21 % V 27.5 % (YOY), 25.8 % (QOQ) DIVIDEND-51
• *Adani Enterprise* Revenues at Rs 24866 Cr Vs QoQ Rs 18757 Cr PAT at 304 Cr Vs QoQ 12 Cr loss EBITDA at Rs 1262Cr Vs QoQ Rs 772 Cr Up 63.5% EBITDA margins at 22.27% VS QoQ 20.78% (Margin and Profit grew QoQ)
• *Lic* Anchor Book oversubscribed with bids of over Rs 7,000 crore. Major Foreign Investors are SAINT CAPITAL BNP PARIBAS SEGANTII INDIA MAURITIUS,, AG DYNAMIC FUND GHISALLO MASTER FUND Societe Generale Govt. pension fund Govt of Singapore Invesco