Indianivesh
6.97
+0.14(+2.05%)
Market Cap₹26.33 Cr
PE Ratio-3.24
Company Performance:
1D+2.05%
1M+3.26%
6M-10.53%
1Y-13.31%
5Y-61.91%
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More news about Indianivesh
06Sept 25
Indianivesh Limited Announces Subsidiary Sale, Auditor Change, and Board Appointments
Indianivesh Limited's Board has approved the sale of its wholly-owned subsidiary, Indianivesh Securities Limited. The company also announced the resignation of its statutory auditors, M/s. C A S & Co., and appointed M/s. Ajay Sobha & Co. as new auditors. Additionally, Mr. Jagdish Pareek was re-appointed as an Independent Director, and Ms. Jeny Vinod Kumar Gowadia was recommended for appointment as a new Independent Director. These decisions are subject to shareholder approval.
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13Aug 25
IndiaNivesh Limited Reports Mixed Q1 Results Amid Ongoing Financial Challenges
IndiaNivesh Limited's Q1 results show a mixed performance. Standalone net profit decreased to Rs 17.49 lakhs from Rs 182.25 lakhs year-over-year, with revenue falling to Rs 32.55 lakhs from Rs 194.06 lakhs. Consolidated results show a net loss of Rs 95.07 lakhs compared to a profit of Rs 200.98 lakhs in the previous year. Segment revenues declined in both Investment & Trading and Financing activities. The company's subsidiary has restarted NSE Cash Segment trading. Auditors raised concerns about unprovided interest on loans and lack of impairment testing for goodwill.
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Indianivesh
6.97
+0.14
(+2.05%)
1 Year Returns:-13.31%
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