Quarterly Results: Eraaya Lifespaces’ Board Meet Next Week | Check Details Here

Eraaya Lifespaces has informed exchanges that its board will meet next week to announce the quarterly results for the first quarter of the financial year 2025. The company in an exchange filing said that the meeting is scheduled for July 9, 2024.
“The meeting of Board of Directors of the Company is scheduled to be held on Tuesday, the 9th day of July, 2024 to consider and approve Un-audited Financial Results of the Company for the quarter ended June 30, 2024,” the company said.
Meanwhile, the company is closer to acquiring 100% equity in Ebix Inc as the bid submitted by the consortium led by the Company has been approved and accepted as the highest and best bid for Ebix.
Earlier, the equity benchmark indices Sensex and Nifty hit their lifetime peaks in early trade on Thursday, amid firm global market trends, buying in blue-chip stocks and robust FIIs inflows.
The 30-share BSE Sensex jumped 388.84 points to hit a record peak of 80,375.64 in early trade. Also, the Nifty climbed 114.45 points to hit a lifetime high of 24,400.95. Among the Sensex pack, Tata Motors, ICICI Bank, Mahindra & Mahindra, Infosys, HCL Technologies and Tata Consultancy Services were the biggest gainers.
HDFC Bank, IndusInd Bank, Adani Ports and Special Economic Zone, and Bharti Airtel were among the laggards. Foreign Institutional Investors (FIIs) bought equities worth Rs 5,483.63 crore on Wednesday, according to exchange data.
“The big FII buying of Rs 5,484 crore on Wednesday is largely due to the massive delivery-based buying in banking stocks led by HDFC Bank. This delivery-based buying may sustain for a few more days imparting resilience to the market.”The FIIs with 3.78 lakh long contracts have taken a ‘U’ turn in their market approach from the big short contracts in early June.
A decline in the US 10-year bond yield to 4.35 per cent and the dollar index declining to 105.29 are positives for fund inflows,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said.