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TAC Infosec Shares Rally 9% After Strong H2 FY25 Profit


SUMMARY

Shares of TAC Infosec rallied 9% to hit an intraday high of INR 1,119 on the NSE today from the previous close of INR 1,026

However, yesterday, the shares of the company hit a low of almost 10% at INR 1,008 during the intraday session

The cybersecurity startup’s consolidated profit after tax jumped 89% to INR 8.3 Cr in H2 FY25 from INR 4.4 Cr in the year-ago period

Shares of TAC Infosec jumped 9% to hit an intraday high of INR 1,119 on the NSE today (On April 29) from the previous close of INR 1,026.

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by INC42

SUMMARY Info Edge will offload about 3.8 Cr shares of Meritto (formerly NoPaperForms) via the offer-for sale component (OFS) of the edtech SaaS company’s IPO Info Edge said its wholly owned subsidiary Startup Investments Holding Limited (SIHL) has approved the divestment via the OFS route Meritto is reportedly looking to raise between INR 500 Cr to INR 600 Cr ($60 Mn to $70 Mn) at a valuation of around INR 2,000 Cr ($234 Mn) Info Edge will offload about 3.8 Cr shares of Meritto (formerly NoPaperForms) via the offer-for… Source link

by INC42

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by INC42

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