After the company’s board of directors for the issuance of buyback shares on December 12 2022, Kama Holdings advanced 1.12% to Rs 14,100. The BOD will consider the quantum and mode of buyback and other matters incidental to that which includes record date.

• RailTel Bags Rs 27 Cr OFC Order from SECR; Shares Fall 3.5%
• Paras Defence Secures a Rs 80 Crore Order from DRDO; Shares Slump 
• Meesho Shares Hit 10% Lower Circuit on Rs 1,499 Crore Tax Demand 
• BEL Signs MoU with SASMOS; Shares Drop 3%
• RITES Wins Rs 45 Cr Muriganga Bridge Contract; Stock Drops 3%

After an audit of all condensed stand-alone interim financial statements and condensed consolidated interim financial statements for the six months ended September 30 2022.

This business has interests in education, investment and real estate through three wholly owned subsidiaries named Shri Educare, SRF Transnational Holdings and KAMA Realty (Delhi).

The company’s net profit soared 98.6% to Rs 385.21 crore on a 37% rise in total income to Rs 3,919.18 crore in the second quarter of FY23 over the second quarter of FY22.