Titan Company, IndusInd Bank, TVS Motor in focus

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Capital Market
Last Updated : Jul 07 2022 | 9:04 AM IST

Titan Company: Sales in QIFY23 grew 205% YoY on a low base and clocked 3-year CAGR of 20.5% over Q1FY20. The network expansion and campaigns continued to progress well throughout the quarter.

IndusInd Bank: IndusInd Bank announced a strategic partnership with MoEngage, the insights-led customer engagement platform to deliver a differentiated digital experience across multiple customer journeys.

TVS Motor Company: TVS Motor Company announced its foray into the premium lifestyle segment with the launch of the industry's first 'modern-retro' motorcycle - the TVS RONIN. The TVS RONIN is designed with the style, technology, and riding experience to promote an unscripted lifestyle.

City Union Bank: The bank's board approved raising further capital through QIP route to the tune of Rs 500 crore (including premium).

Deep Industries: The company has received letter of awards from ONGC for charter hiring of two Nos. of 1000 HP Mobile Drilling Rigs for Ahmedabad Asset for a period of three years. The total estimated value of the said Awards is $19.02 Million equivalent to approximate Rs 150.24 crore.

Veljan Denson: The company has signed the share purchase agreement to acquire the 100% shareholding in Adan Holdings. Adan Holdings holds equity in other hydraulics and engineering companies in UK.

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First Published: Jul 07 2022 | 8:40 AM IST

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