IG Petrochemicals

May 18 (Reuters) - I G Petrochemicals Ltd IGPT.NS:

• I G PETROCHEMICALS LTD - MARCH-QUARTER CONSOL PAT 280.7 MILLION RUPEES

• I G PETROCHEMICALS LTD - MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 5.24 BILLION RUPEES

• I G PETROCHEMICALS LTD - RECOMMENDED DIVIDEND 5 RUPEES PER SHARE

Source text: ID:nBSE9bPkd5

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March 30 (Reuters) - I G Petrochemicals Ltd IGPT.NS:

• ACHIEVED MECHANICAL COMPLETION OF PLASTICIZER PLANT

Source text: ID:nBSEbD55C5

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Aug 11 (Reuters) - I G Petrochemicals Ltd IGPT.NS:

• JUNE-QUARTER CONSOL LOSS AFTER TAX 129.9 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.7 BILLION RUPEES

Source text: ID:nNSE31dSZ3

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Nov 12 (Reuters) - I G Petrochemicals Ltd IGPT.NS:

• I G PETROCHEMICALS SEPT-QUARTER CONSOL PAT 261.7 MILLION RUPEES

• I G PETROCHEMICALS SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 5.83 BILLION RUPEES

Source text: ID:nNSEbY040c

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July 25 (Reuters) - I G Petrochemicals Ltd IGPT.NS:

• JUNE-QUARTER CONSOL PAT 350.2 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.85 BILLION RUPEES

Source text for Eikon: ID:nBSE7LyYgh

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May 22 (Reuters) - I G Petrochemicals Ltd IGPT.NS:

• I G PETROCHEMICALS MARCH-QUARTER CONSOL PAT 90.4 MILLION RUPEES VERSUS PROFIT 381.5 MILLION RUPEES

• I G PETROCHEMICALS MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 5.54 BILLION RUPEES VERSUS 6.05 BILLION RUPEES

• I G PETROCHEMICALS LTD - DIVIDEND 7.50 RUPEES PER SHARE

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By Suzanne McGee

March 19 (Reuters) - The fervor around artificial intelligence has sparked a gold rush into AI-themed ETFs, as investors seek fresh ways to play the burgeoning technology following breathtaking rallies in market darlings such as Nvidia NVDA.O.

The funds run the gamut from those offering a bouquet of the biggest AI winners to more esoteric themes such as robotics and sound generation. All told, the universe of AI-themed ETFs traded in the United States has soared to $6.88 billion as of the end of February from $2.55 billion a year earlier, Morningstar data showed.

"It's still so early in the evolution of this category ... that investors are still sorting through the possibilities," said Will Rhind, founder and CEO of GraniteShares.

The exuberance surrounding AI funds echoes previous waves of investor excitement for other technologies viewed as transformative, from dotcom stocks to electric vehicles.

Each wave introduced major new businesses to the economy and generated astonishing wealth for founders like Jeff Bezos and Elon Musk as well as ordinary investors. At the same time, many of the companies whose shares soared in previous market booms eventually saw their stock prices fizzle, a fate that may await some of the market’s current AI favorites.

For now, investors are responding with enthusiasm and Nvidia - whose chips are seen as the gold standard in AI - continues to grab the spotlight.

The assets of the GraniteShares 2x Long NVDA Daily ETF NVDL.O, which seeks to deliver twice the daily return of the chipmaker’s shares and is not included in Morningstar’s data on AI-themed funds, doubled to $2 billion earlier this month. Those flows have followed the nearly 80% climb in Nvidia's shares so far this year, after the company's shares tripled in 2023.

At its developer conference on Monday, the company unveiled the Blackwell B200, an AI chip it says is up to 30 times speedier than its previous chip.

Smaller ETFs have also prospered. Assets in the Themes Generative Artificial Intelligence ETF WISE.O tripled to about $20 million from $7.5 million earlier this month, said Taylor Krystkowiak, investment strategist at Themes ETFs.

Seven of the 18 diversified AI-related ETFs that Morningstar tracks have launched within the last three years. An eighth was redesigned to target AI more directly.

The funds have had collective inflows of $2.68 billion in the last 12 months, according to Morningstar. That is almost double the inflows into global real estate ETFs, the company said.

Whether investor excitement about the possibilities of AI is fueling a bubble or just contributing to a strong bull run in stocks is unclear.

The S&P 500 .SPX is up nearly 8% year-to-date, fueled in part by rallies in AI beneficiaries such as Nvidia and Microsoft MSFT.O, following a 24% gain last year. The AI fervor has also driven parabolic moves in the shares of other companies, including a more than 250% gain in Super Micro Computer SMCI.O, which joined the S&P 500 this week.

Some investors appear to be limiting their exposure to Nvidia and other stocks that have notched big moves. ETF issuer Global X found that its Global X Artificial Intelligence and Technology ETF AIQ.O, which caps Nvidia exposure to 3%, has tripled in size over the last three months.

By comparison, its Robotics and Artificial Intelligence ETF BOTZ.O, which has more than 20% of its assets invested in the chipmaker, grew by 20%.

Others are focused on finding new areas that will benefit from AI, said Rene Reyna, head of thematic ETF strategy at Invesco and manager of the Invesco AI and Next Gen Software ETF .

“The conversations we have with investors don’t focus on finding the next Nvidia, but more on recognizing that these technologies are changing the landscape and finding ways to get exposure to some of this growth,” he said.

Analysts at Morgan Stanley last week published a list of 480 individual stocks that may benefit from AI. Less obvious beneficiaries included Walmart WMT.N and Caterpillar CAT.N. The bank also recommended exploring "less crowded sub-themes" like the integration of AI and smartphones.

ETFs are also scrambling to provide offerings for every taste. Robo Global Robotics & Automation ETF ROBO.P supplements its Nvidia exposure with holdings in stocks some expect to benefit from AI technology, like Intuitive Surgical ISRG.O. The Roundhill Generative AI & Technology ETF CHAT.N is focusing on companies it expects to be beneficiaries of generative AI, including Salesforce.com CRM.N and Marvell Technology MRVL.O.

Still, at least one flavor of AI-themed ETF has failed to win fans. The WisdomTree US AI Enhanced Value ETF AIVL.P, which uses AI to select its portfolio, has seen outflows of $48.26 million in the last 12 months and lags the S&P 500.

One possible reason the fund and others in its category have underperformed: many of them lack a position in Nvidia and other AI-related stocks.

(Reporting by Suzanne McGee in New York
Additional reporting by Lewis Krauskopf in New York
Editing by Ira Iosebashvili and Matthew Lewis)

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Feb 13 (Reuters) - I G Petrochemicals Ltd IGPT.NS:

• I G PETROCHEMICALS DEC-QUARTER LOSS AFTER TAX 152.4 MILLION RUPEES VERSUS PROFIT 254.3 MILLION RUPEES

• I G PETROCHEMICALS DEC-QUARTER REVENUE FROM OPERATIONS 4.88 BILLION RUPEES VERSUS 5.18 BILLION RUPEES

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Nov 3 (Reuters) - I G Petrochemicals Ltd IGPT.NS:

• INDIA'S I G PETROCHEMICALS SEPT-QUARTER CONSOL PAT 100.8 MILLION RUPEES VERSUS 553.7 MILLION RUPEES

• I G PETROCHEMICALS SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 5.02 BILLION RUPEES VERSUS 5.69 BILLION RUPEES

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May 18 (Reuters) - I G Petrochemicals Ltd IGPT.NS:

• TO VENTURE INTO MANUFACTURING OF BIO-FUELS SUCH AS COMPRESSED BIOGAS, ETHANOL AND IT'S DERIVATIVES

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