Latest news with #Ojha
New Indian Express
4 days ago
- New Indian Express
Man cries police inaction in minor daughter's abduction, consumes poison in Odisha's Kendrapara
KENDRAPARA: A 45-year-old man consumed poison on Wednesday evening alleging police inaction in the case of his minor daughter's kidnapping which took place more than a month back. The victim, Kalpataru Ojha of Tantiapala area, is battling for life in SCB Medical College and Hospital in Cuttack while his 16-year-old daughter has still not been traced. Ojha's wife alleged that a 24-year-old youth of Chakada Gogua village within Tantiapala Marine police limits kidnapped her daughter on May 27. Though her husband approached police several times requesting to trace their daughter, the cops reportedly did not take any action in the case. 'Unable to bear the shock of our daughter's kidnapping coupled with the slipshod attitude of the police, my husband consumed poison,' she claimed. Ojha was first admitted to the community health centre at Rajnagar. He was later shifted to SCB MCH after his condition deteriorated, she added. IIC of Tantiapala Marine police station Kishor Chandra Tarai said Ojha had lodged an FIR on May 28 alleging that his minor daughter was kidnapped by one Rajendra Jena. The girl is a Class X student of the local school. Acting on the complaint, police filed a case under relevant sections of BNS and Protection of Children from Sexual Offences (POCSO) Act. 'We have formed a team to arrest the accused and rescue the minor girl. We are also interrogating the accused youth's family members and friends to know about his hideouts. A police team also visited Hyderabad and other places in connection with the case. On Thursday, we came to know that the girl's father consumed poison. An investigation has been launched into the incident,' Tarai added.
Mint
14-07-2025
- Business
- Mint
Travel Food Services share price slips 4% after tepid listing. Should you buy, sell or hold?
Travel Food Services IPO listing in focus: Travel Food Services share price made a subdued debut on Dalal Street today, July 14, as the stock listed with a modest premium of 2.27% at ₹ 1,125 apiece on the NSE, compared to the issue price of ₹ 1,100. On the BSE, it opened 2.38% higher at ₹ 1,126.20. Following the lackluster listing, the stock moved lower, falling 4.2% to hit the day's low of ₹ 1,077 apiece. However, it recovered slightly and was last seen trading at ₹ 1,088.90, down 3.21% from the listing price. Though the stock made a weak market debut, analysts remain optimistic about the company's long-term growth prospects, citing its presence across 18 airports and a portfolio of 442 outlets and 37 lounges. Mahesh M. Ojha, AVP of Research and BD at Hensex Securities, highlighted that the company is a leading player in the fast-growing Indian airport travel quick service restaurant (Travel QSR) and lounge sectors, with a market share of approximately 26% in the Travel QSR segment and around 45% in the Lounge segment as of FY2025. He pointed out that the company manages 397 Travel QSRs across India and Malaysia, offering 117 partner and proprietary brands. He added that the business is debt-free, generating positive cash flows, and currently valued at 16.58 times FY25 EV/EBITDA. According to Ojha, investors with a long-term view may continue to hold the stock, while those looking for short-term gains can consider booking profits. Gaurav Goel, founder and director at Fynocrat Technologies, also remains positive on the fundamentals of the company despite weak market sentiment. He emphasized the company's strong backing from promoters SSP Group and K Hospitality, along with its consistent financial performance, including ₹ 1,688 crore in FY25 revenue and healthy EBITDA and PAT margins of 32.8% and 21.5%, respectively. Goel noted the company's industry-leading return ratios, such as ROE of 34.5% and ROCE of 47.7%, supported by its asset-light model and long-term concession agreements. While short-term listing gains may be limited, he believes the company is well-positioned as a differentiated consumption play in a high-growth segment driven by rising Indian air travel and expanding airport infrastructure. Established in 2007, the company is a prominent player in India's airport-based food and beverage sector. The company operates in the quick service restaurant (Travel QSR) and airport lounge segments, offering a comprehensive portfolio of food and hospitality solutions tailored for travelers. As of June 30, 2024, the company manages 397 Travel QSR outlets across airports in India and Malaysia. Its food and beverage operations span across 117 partner and in-house brands, delivering diverse cuisines and formats that cater to the needs of passengers looking for fast, convenient, and quality dining experiences while in transit. In addition to QSRs, Travel Food Services also runs premium lounges within airport terminals, primarily serving first and business-class travelers, members of airline loyalty programs, and select credit/debit card holders. These lounges offer a comfortable, upscale environment for travelers to relax before their flights. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
03-07-2025
- Business
- Mint
HDB Financial shares extend gains a day after stock market debut
HDB Financial Services share price today rose 4% following its stock market debut on Wednesday, July 2. HDB Financial Services share price opened at ₹ 840.70 apiece on the BSE, the stock touched an intraday high of ₹ 870.50, and an intraday low of ₹ 840.65 per share. HDB Financial Services share price made a solid debut on the bourses on July 2. On NSE and BSE, HDB Financial Services share price opened at ₹ 835 per share, 12.84 % higher than the issue price of ₹ 740. HDB Financial Services share price ended HDB Financial Services IPO listing day at ₹ 840.25 on NSE, a 13.55% premium to the IPO price of ₹ 740, and at ₹ 840.90 on BSE, a 13.64% premium. HDB Financial, backed by a robust parent company, has achieved an impressive market debut, and its success is sure to inspire other companies considering an IPO to explore the public markets," remarked Mahesh Ojha, assistant vice president of research and business development at Hensex Securities. Ojha noted that there is significant potential for growth for the lender, highlighting its strong fundamentals, which include low gross non-performing assets, an annual profit growth rate of 5.4%, and an extensive distribution network. The company, a subsidiary of India's leading private bank HDFC Bank, offers a range of services including personal, home, vehicle, and gold loans, among others. It was aiming for a valuation of $7.1 billion. The IPO saw heightened interest from qualified institutional buyers such as foreign investors and mutual funds, whose applications exceeded the shares set aside for them by 55 times, added Mahesh Ojha.
Mint
03-07-2025
- Business
- Mint
Indogulf Cropsciences IPO listing date today. Latest GMP, experts signal decent debut of shares in stock market today
Indogulf Cropsciences IPO Listing: Crop protection products manufacturer Indogulf Cropsciences shares are set to make their debut in the Indian stock market today after the conclusion of its initial public offering (IPO). The public issue received stellar demand, and Indogulf Cropsciences IPO listing date is July 3. The mainboard IPO was open from June 26 to June 30, and Indogulf Cropsciences IPO listing date is today, 3 July 2025. Indogulf Cropsciences shares are set to be listed on both the stock exchanges, BSE and NSE. 'Trading Members of the Exchange are hereby informed that effective from Thursday, July 03, 2025, the equity shares of Indogulf Cropsciences Limited shall be listed and admitted to dealings on the Exchange in the list of 'T' Group of Securities,' a notice on the BSE said. Indogulf Cropsciences shares will be in Trade-for-Trade segment for 10 trading days and will be a part of Special Pre-open Session (SPOS) on Thursday, July 3, 2025, the notice added. Indogulf Cropsciences shares will be available for trading from 10:00 AM. Ahead of the Indogulf Cropsciences IPO listing today, Indogulf Cropsciences IPO grey market premium (GMP) and analysts signal a decent debut of shares. Here's a look at what Indogulf Cropsciences IPO GMP today signals. Indogulf Cropsciences shares are available at a good premium in the grey market. Market experts said that Indogulf Cropsciences IPO GMP today is ₹ 18 per share. Hence, Indogulf Cropsciences shares are trading higher by ₹ 18 than their issue price in the grey market. Indogulf Cropsciences IPO GMP today signals that the estimated listing price of Indogulf Cropsciences shares would be ₹ 129 apiece, which is at a premium of 16.22% to the issue price of ₹ 111 per share. Analysts also expect Indogulf Cropsciences IPO listing to be at a decent premium, given the strong demand for its public issue. Mahesh M. Ojha, AVP Research & Business Development at Hensex Securities Pvt. Ltd. expects a listing gain of 8%-10% for Indogulf Cropsciences shares. 'On a valuation basis, it is fairly valued. Short-term investors can book profit on listing. However, investors with a horizon of 2-3 years, can hold Indogulf Cropsciences shares for a long term as good names in QIP investors list show confidence in the company,' Ojha said. Indogulf Cropsciences IPO opened for subscription on Thursday, June 26, and ended on Monday, June 30. The IPO allotment date was July 1, and Indogulf Cropsciences IPO listing date is today, July 3. Indogulf Cropsciences shares will be listed on BSE and NSE. The company raised ₹ 200 crore from the book-building issue at a price band of ₹ 105 to ₹ 111 per share. The public issue was subscribed 25.98 times in total, as per NSE subscription data. The public issue was subscribed 14.78 times in the retail category, and 33.26 times in the Qualified Institutional Buyers (QIBs) category. The Non Institutional Investors (NII) segment received 48.39 times subscription. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
The Print
26-06-2025
- The Print
Udaipur rape case: Accused saw French woman at ad shoot hrs before approaching her at dinner
Sources in the Rajasthan Police said, while the two had not known each other before, Ojha had seen her at Ambrai, near Lake Pichola, during a shoot. The woman, who is an artist, was participating in the shoot. ThePrint had earlier reported that, according to the First Information Report (FIR), Ojha had lured the 30-year-old French tourist while she was out for dinner on the pretext of showing her the city before raping her in the intervening hours of 22 and 23 June. Ojha, who had been absconding after the incident, was arrested in his hometown of Chittorgarh on 25 June. New Delhi: Siddharth Ojha, the man who is accused of raping a French woman in Udaipur, had spotted her earlier in the day on 22 June, before he approached her in the evening, ThePrint has learnt. He was a production assistant for a talent acquisition company that works with actors for ad shoots. He had been part of casting teams for several Bollywood projects. According to police, he has no previous criminal record. Sources said that he is also a partner of the company. A senior police officer also told ThePrint that 'the woman keeps visiting India and works as an artist. She had been in Delhi for some time.' ThePrint had earlier reported that the women arrived in Udaipur from Delhi on 22 June. That evening, when she went out for dinner and to party with her friends, Ojha allegedly approached her table and asked her to go outside for a smoke. 'He then told the victim that he could show her around and took her for a drive in his car,' another senior police officer said. According to the FIR, a copy of which is with ThePrint, despite the French survivor asking him to drop her back her to her hotel, took her to his apartment, where he raped her. He dropped her off at her hotel at around 6 am. An FIR has been registered at the Badgaon police station in Udaipur under Bharatiya Nyaya Sanhita sections related to rape at the time. Sources in Rajasthan Police said the accused has confessed to the crime. He will be produced in court today. (Edited by Sanya Mathur) Also Read: French tourist allegedly raped in Udaipur, accused absconding
