Discover and read the best of Twitter Threads about #qip

Most recents (2)

#AxisBank has raised 10000Cr via #QIP,at Rs 420.10,which is 5% discount to lower end of band

15000Cr,recently raised by #YesBank

In last 6 months,52000Cr raised by #Banks--#CapitalAdequacy will be key in dealing with post #Covid stress

Great move by banks to shore up Capital💪
#ICICIBank wanted to raise 15000Cr but got bids worth 62000Cr today at floor price of 351.36/-

Within few hours of opening,due to huge oversubscription,#QIP was closed

Clearly,there is no dearth of liquidity in the markets

90000Cr raked in by #DebtFunds in July'20
#GreenShoots
Lot has been written about #BoB's loss of 864Cr in June qtr,from 710Cr profit,YoY

Like i have been saying,most Banks now focus on #AssetQuality&not just Profits

BoB hiked #Provisions by 54% on standard loans,to cover for future losses

In 2013,Banks were doing the opposite😑
Read 7 tweets
#DeepakNitrite manufactures Basic #Chemicals, Fine & Speciality Chemicals and Performance Products.
Major products of the company are #Phenol #Acetone #Cumene #DASDA #Inorganic Salts #Xylidines #Toluidines
#Revenue Mix and #Location details as below:
Company’s turnover entails from the Domestic Revenues which stood at 58% of Total Revenues and the rest 42% came from Exports
Recently company has started commercial production of #Isopropyl Alcohol #IPA.
Isopropyl alcohol is mixed with water for use as a rubbing-alcohol antiseptic. It is also used in aftershave lotions, hand lotions, and other cosmetics.
Read 26 tweets

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