NSE share market NEWS tomorrow (09 August, 2024). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (09 August, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 09 August 2024
Kfin Technologies was amongst the top gainers, currently trading at 1075.35 in NSE with 4.132 times change in volumes and 18.3% change in price. Other gainers included Trent with 11.184% price change and 5.812 times volumes, National Buildings with 9.298% price change and 8.221 times volumes, Eicher Motors with 5.543% price change and 1.733 times volumes, and Cg Power with 5.091% price change and 1.336 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.
Steel Authority was amongst the top losers, currently trading at 129.35 in NSE with 2.951 times change in volumes and -5.893% change in price. Other losers included Rail Vikas with -3.77% price change and 0.78 times volumes, Hindustan Petroleum with -3.212% price change and 0.662 times volumes, Himachal Futuristic with -2.88% price change and 0.486 times volumes, and Astral Poly with -2.442% price change and 3.442 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.
Other stocks which made news headlines today and can be traded tomorrow are below.
Property Share becomes first FOP; gets Sebi license for small, medium REIT. Property Share, which facilitates fractional ownership of commercial assets, on Friday said it has received the Small and Medium Real Estate Investment Trust (SM REIT) license from market regulator SEBI. In a statement, the company said it has "become the
Air India suspends Tel Aviv flights till further notice as tension soars. Air India on Friday announced suspension of flights to and from Tel Aviv till further notice amid escalating tensions between Israel and Iran. The Tata Group-owned carrier had suspended services from the national capital to Tel Aviv till August 8. "In view
Lemon Tree plans to list its subsidiary Fleur Hotels to reduce debt. The management of the hotel chain told investors on its conference call that 90% of its debt lies in Fleur Hotels
Zydus Lifesciences Q1 FY25 results: PAT up 31%, revenue rises 21%. The API business contributed 2 per cent to consolidated revenues, growing 2 per cent Y-o-Y to Rs 141.5 crore
HCG Q1 results: Consolidated net profit rises 58.7% to Rs 12.08 crore. HCG witnessed an Ebitda (earnings before interest, taxes, depreciation, and amortisation) of Rs 90.9 crore, compared to Rs 74.3 crore. The Ebitda margin stood at 17.3 per cent
Inox Wind Q1 results: PAT rises to Rs 50 cr, revenue surges to Rs 651 cr. Inox Wind Limited (IWL) on Friday posted a Rs 50 crore profit after tax during the June quarter on account of a surge in income. It had reported a loss of Rs 65 crore in the April-June quarter of the preceding financial year, the company said in an exchang
M&M in talks with Kerala govt to set up electric vehicle manufacturing unit. Earlier in the day, M&M issued a clarification, calling the reports on its Gujarat plans untrue
IRB Infrastructure Q1FY25 results: Toll collection grew 32%, PAT rises 5%. The company reported a toll collection worth Rs 1,556 crore for the first quarter of the ongoing financial year
Trent Q1 reslts: Tata Group's co posts profit up two-fold at Rs 391 cr. Tata Group retail firm Trent Ltd on Friday reported a two-fold increase in consolidated net profit to Rs 391.21 crore for the first quarter ended June 2024. The company had posted a consolidated net profit of Rs 166.67 crore for April-June period a year a
Mamaearth parent net profit rises 62.7% to Rs 40.2 crore in Q1 FY25. In Q1 FY25, Honasa registered product business growth of 20.3 per cent, with underlying volume growth (UVG) of 25.2 per cent
Merck Life Science partners with Aragen to boost biotech R&D in India. Merck Life Science will supply equipment and technologies to Aragen, facilitating a more efficient clinical-to-commercial process timeline
AI, Vistara get DGCA nod to integrate aircraft line maintenance operations. Aviation regulator DGCA has approved integrating the aircraft line maintenance operations of Air India and Vistara as the two airlines move close to their merger. In a release on Friday, Air India said the integration will help in optimising resources to e
GE Power India Q1 results: Net loss down at Rs 9.53 cr, revenue Rs 465 cr. GE Power India on Friday reported a narrowing of its consolidated loss to Rs 9.53 crore in the June 2024 quarter. The company suffered a consolidated net loss of Rs 135.79 crore in the quarter ended on June 30, 2023, according to a regulatory filing. Total
SAT stays Irdai order against Religare's Saluja, Care Health in ESOP case. However, chairperson Saluja prohibited from exercising pending ESOPs
Alkem Labs Q1 results: Net profit jumps 91% to Rs 550 cr on robust sales. Alkem Laboratories on Friday said its consolidated net profit increased by 91 per cent to Rs 550 crore in the first quarter ended June 2024, aided by robust sales. The drug firm had reported a net profit of Rs 288 crore in the April-June quarter of last fi
IOCL to raise refining capacity by 25% by 2050: Shrikant Madhav Vaidya. IOCL to have trillion turnover by 2047, supply 1/8th of India's energy needs
Sun TV Q1 results: Profit falls 5% to Rs 560 cr, revenue dips to Rs 1.3k cr. Sun TV Networks Ltd on Friday reported a decline of 5.48 per cent in its consolidated profit after tax at Rs 559.58 crore in the first quarter ended June 2024. The company had reported a PAT (profit after tax) of Rs 592.08 crore in the April-June period a
Cisco to lay off thousands more in second job cut this year: Report. Cisco, the largest maker of the routers and switches that direct internet traffic, has been grappling with sluggish demand and supply-chain constraints in its mainstay business
UltraTech Cement's open offer for ICL to open on Sept 19, close on Oct 3. UltraTech Cement's Rs 3,142 crore open offer for acquiring 26 per cent stake in India Cements Ltd (ICL) will tentatively open on September 19 and close on October 3. The Aditya Birla group flagship company has proposed to acquire 8.05 crore shares of ICL a
US FDA approves first nasal spray from ARS Pharmaceuticals' for allergies. Neffy's approval is based on 4 studies in 175 healthy adults without anaphylaxis that measured epinephrine concentrations in blood following administration of neffy
BSNL to roll out 4G, 5G-ready over-the-air, universal SIM platform. State-run telecom firm Bharat Sanchar Nigam Ltd will roll out 4G and 5G compatible over-the-air (OTA) and Universal SIM (USIM) platform which will enable subscribers to choose their mobile numbers as well as replace SIMs without geographical restrictions.
Insolvency-quashing order: US lenders to Byju's file appeal in SC. Before the tribunal, Glas said founder Byju Raveendran and his brother used the money owed to lenders to clear the cricket board's dues
Blackstone sells over 310 mn units in Nexus Select Trust for Rs 4,355 cr. Global investment firm Blackstone on Friday sold 31.55 crore units in its REIT firm 'Nexus Select Trust' for around Rs 4,354.90 crore through a block deal on stock exchanges as part of a strategy to monetise real estate portfolio. Blackstone currently hold
Zoomcar launches first fulfilment centre in Chennai, plans 100 more in 2024. Self-drive car-sharing platform Zoomcar on Friday said it has launched its first fulfilment centre in Chennai and plans to add more than 100 such centres this year. As part of the expansion, the company said, it is also looking to add 1,000 new cars on the
Ride-hailing service Rapido crosses billion gross merchandise value mark. Rapido, which originally started as a bike-taxi service, has grown to include cabs and auto-rickshaws in its offerings. It has also expanded its footprint to 100 new cities across India
Ola Electric's shares surge 10% in debut trade, valuing company at .4 bn. The stock had listed flat to its initial offer price at 76 rupees on the National Stock Exchange
Steel maker Rudra Global Infra to set up 30 MW solar plant at Rs 190 cr. Steel maker Rudra Global Infra Products on Friday said the company will invest around Rs 190 crore to set up a 30 megawatt captive solar project in Gujarat. The solar plant is scheduled to commence operations by January 2025, the company said in a statemen
Amazon India sets up 4 hubs to deliver relief material in less than 24 hrs. E-commerce giant Amazon India on Friday said it has set up four hubs, including a temporary hub in West Bengal, to deliver urgent relief material in less than 24 hours, as part of its disaster management strategy. Located at Thane (Maharashtra), Faridabad
Grasim revenue up 9% at Rs 33,861 cr; net profit falls 23.4% to Rs 1,208 cr. The consolidated Ebitda decreased by 4 per cent to Rs 4,760 crore during the same period
HCLTech unit to acquire French software firm Zeenea for 24 mn euros. Indian company says acquisition will strengthen data and analytics business
M&M, Shaanxi to set up bn JV for India plant, await govt's nod. With plans to open in Gujarat, proposal includes building an export-oriented, integrated manufacture hub for assembled cars - known as completely built-up units, engines and car batteries
Zydus Lifesciences Q1FY25 results: Net profit rises 31% to Rs 1,420 cr. Zydus Lifesciences on Friday said its consolidated net profit increased 31 per cent year on year to Rs 1,420 crore in the first quarter ended June 2024 on the back of robust sales. The drug maker had reported a net profit of Rs 1,087 crore in the April-Jun
India Cements posts consolidated net profit of Rs 58.5 crore in Q1. Capacity utilisation for the company was adversely affected due to the free fall in cement prices, resulting in a suboptimal operating performance for the quarter
IRB Infrastructures Developers Q1 results: Net profit up 5% at Rs 140 cr. IRB Infrastructures Developers Ltd on Friday posted around 5 per cent rise in consolidated profit after tax to Rs 140 crore during June quarter on account of higher income. It had reported a profit after tax (PAT) of Rs 134 crore in the April-June quarter
HDFC Bank targets personalised experiences to boost deposit mobilisation. Chakraborty's comments come as the banking system faces sluggish deposit growth amid the growing appeal of alternative investment options for household savings
Medanta Q1 results: PAT rises by 4% to Rs 106 cr, revenue at Rs 861 cr. Global Health, which operates hospitals under the Medanta brand, on Friday said its consolidated profit after tax increased 4 per cent year on year to Rs 106 crore for the first quarter ended June 30, 2024. The company had reported a profit after tax (PAT)
Tata Chemicals plans to raise Rs 1,700 cr through NCDs to investors. Tata Chemicals plans to raise Rs 1,700 crore through the issue of non-convertible debentures to investors on a private placement basis. In a regulatory filing, the company informed that an internal committee, constituted by the board of directors, has, at
Sundaram Home Finance eyes Rs 450 cr disbursements in Maharashtra this year. Sundaram Home Finance has inaugurated its second branch in Pune as it aims to make disbursements of Rs 450 crore in Maharashtra this year, the company said on Friday. The wholly owned subsidiary of non-banking finance company Sundaram Finance Ltd achieved
Jubilant Q1 result: Domino's India franchisee reports 2x rise in profit. To spur demand Jubilant offered free home delivery and value deals such as meals for Rs 99 (.18), in a quarter that coincided with the T20 Cricket World Cup and school summer vacations
CESC Q1 results: Firm posts 9% rise in profit on summer, industrial demand. India experienced a sharp rise in power demand amid sturdy manufacturing activity and scorching weather in a summer that stretched beyond the March-May period into June
Eicher Motors Q1 FY25 results: Net profit rises 20% to Rs 1,101 crore. Royal Enfield has witnessed a good start to FY25. Our diverse product range strengthened our position in the mid-size segment across the globe
Ola IPO set to make Bhavish Aggarwal one of world's youngest billionaires. Aggarwal, 38, will add .2 billion to his wealth if his SoftBank Group Corp.-backed Ola Electric lists Friday
Eicher Motors Q1 results: Profit rises 20% to Rs 1,101 cr on strong sales. Eicher clocked record-high sales in the previous two fiscal years due to strong demand from urban consumers, its key demographic
RCap buy: NCLT directs IIHL to transfer Rs 2.7K cr to lenders in 2 days. Clarifies that interest on the money will accrue to lenders
Sobha Ltd Q1 results: Net profit sinks 50% to Rs 6.06 cr on lower sales. The April-June period saw delays in approvals for real estate projects amidst general elections in the country, resulting in fewer launches and a slowdown in sales
Alembic Pharma posts 11.5% growth in profit, driven by US business. For the quarter, the India Branded Business segment saw a 9 per cent growth, reaching Rs 572 crore
LIC Q1 results: PAT up 10% at Rs 10,461 cr, total income at Rs 2.1 trn. Life Insurance Corporation of India (LIC) on Thursday reported a 10 rise in its net profit to Rs 10,461 crore in the June 2024 quarter. The state-owned life insurance behemoth had a net profit of Rs 9,544 crore in the year-ago period. The total income incr
JB Chemicals & Pharma Q1 results: Net profit jumps 25% to Rs 177 cr. JB Chemicals & Pharmaceuticals on Thursday said its net profit increased 25 per cent year-on-year to Rs 177 crore in the first quarter ended June 30, 2024. The drug firm had reported a net profit of Rs 142 crore in the April-June period last fiscal. Total
Fortis Healthcare to acquire 31% stake in Agilus for Rs 1,780 crore. Deal values diagnostic arm at Rs 5,700 crore
Ambani family's wealth 10% of India GDP: Barclays-Hurun India report. Adani family, the most valued first-generation family business valued at Rs 15.45 trillion
Oil India Q1 results: PAT declines 9% to Rs 1,467 cr on higher expenses. Its profit fell 9 per cent year-on-year to Rs 1,467 crore (about 5 million) in the three months ended June 30, falling behind analysts' predicted profit of Rs 1,687 crore, per LSEG data
Market regulator Sebi imposes Rs 3 lakh penalty on Nippon Life India AMC. Sebi allows AMCs to pay expenses of very small value but high volume out of the AMC's books up to a maximum of 2 basis points of the respective scheme's assets under management
AstraZeneca reports Q1 net loss of Rs 12 cr, total income at Rs 396 cr. AstraZeneca Pharma India on Thursday said its net loss stood at Rs 12 crore for the first quarter ended June 30, 2024. The drug maker had reported a net profit of Rs 54 crore in the April-June quarter of last fiscal. Total income stood at Rs 396 crore for
JB Pharma Q1 FY25 results: Net profit rises 24% to Rs 176.83 crore. Company crosses Rs 1,000 crore quarterly revenue mark
Normal monsoon to drive Dabur India's growth, says CEO Mohit Malhotra. Company to undertake price increases as consumers come back into consumption fold
Birla Corporation Q1 results: Net profit declines 45% to Rs 33 cr. M P Birla group flagship firm Birla Corporation on Thursday posted a 45 per cent decline in its net profit to Rs 33 crore during the first quarter of the 2024-25 fiscal as compared to Rs 60 crore in the year-ago period. A company statement said that revenu
Standard Chartered Bank exits Protean eGov Tech, sells stake for Rs 225 cr. British multinational Standard Chartered Bank on Thursday exited Protean eGov Technologies by selling its entire 3.09 per cent stake for Rs 225 crore through an open market transaction. According to the bulk deal data available on the BSE, Standard Charter
SAIL Q1 results: Net profit falls 61% to Rs 81.78 cr on frail demand. The state-owned firm's consolidated net profit fell more than 61 per cent to Rs 81.78 crore (around million) for the quarter ended June 30
Swan Energy paid Rs 331 crore to lenders before due date of Dec 23, 2024. SEL had recently received approval from the NCLT-appointed monitoring committee of RNEL to constitute its own board, paving the way for a formal handover of management control
Delhi HC tells SpiceJet to personally guarantee payment to lessors. The court had earlier given SpiceJet a final chance to settle a payment of Rs 50 crore to its engine lessors, Team France and Sunbird France
LIC Q1 FY25 results: Net profit increases 9.6% to Rs 10,461 crore. LIC has booked a profit of Rs 15,500 crore in Q1FY25 from its equity investments
Biocon Q1 net profit up 551%, driven by gain from Eris Life partnership. Total revenue stood at Rs 4,567 crore in Q1 FY25 as against Rs 3,516 crore in Q1 FY24
Genpact appoints Sanjeev Vohra as chief technology and innovation officer. Vohra, who brings more than 30 years of technology, consulting, and industry expertise with him, will report to Balkrishan Kalra, president and CEO, Genpact.
FMCG sector growth at 4% in Apr-June on relaxed consumption: NielsenIQ data. Industry growth steady and reflects resilience and adaptability, says consumer research firm NielsenIQ
Container Corporation of India Q1 results: Net profit rises 5% to Rs 258 cr. Consolidated net profit rose to Rs 258 crore (.7 million) for the quarter ended June 30, from Rs 246 crore a year ago
Lincoln Pharma Q1FY25 results: Net profit jumps 24% to Rs 23.67cr. Drug maker Lincoln Pharmaceuticals on Thursday said its consolidated net profit jumped by 24.51 per cent to Rs 23.67 crore in the April-June quarter of 2024-25 compared to Rs 19.01 crore in the year-ago quarter. Total income of the Ahmedabad-bnased company
India Shelter Finance Q1 results: Net profit surges 77% to Rs 84 cr. India Shelter Finance Corporation on Thursday reported a 77 per cent year-on-year growth in profit after tax (PAT) to Rs 84 crore in the three months ended June 2024. In comparison, the company posted a PAT of Rs 47 crore on the year-ago period. The compan
Global Distriparks Ltd results: Net profit declines 23% to Rs 49 cr. Logistics operator Global Distriparks Ltd (GDL) on Thursday said its net profit declined 23 per cent to Rs 49 crore during the June quarter over the corresponding quarter of last year. The company had posted a profit of Rs 63.72 crore in the first quarter
Essar Shipping Q1 results: Net loss of Rs 34.53 cr, income at Rs 11.57 cr. Essar Shipping on Thursday reported a consolidated loss of Rs 34.53 crore in the first quarter ended June 2024. The company had clocked a profit of Rs 26.13 crore in the corresponding quarter a year ago, the company said in a regulatory filing to the BSE.
GRSE Q1 results: PAT up 13% at Rs 87cr amid profit margin contracts. Garden Reach Shipbuilders & Engineers Limited (GRSE), a leading public sector warship builder, reported a 13 per cent increase in net profit for the first quarter ended June 2024, reaching Rs 87 crore. The profit growth was driven by a substantial 34 per c
Bayer CropScience Ltd Q1 results: Net profit decreases 23% to Rs 254 cr. Bayer CropScience Ltd on Thursday reported a 23 per cent decline in its net profit to Rs 254.2 crore in the first quarter of this fiscal. Its net profit stood at Rs 328.5 crore in the corresponding period of the previous year. The company's total income fe
Eureka Forbes Ltd Q1FY25 results: Net profit up 26.4% at Rs 32.15 cr. Health and hygiene products maker Eureka Forbes Ltd on Thursday reported a 26.37 per cent increase in its consolidated net profit to Rs 32.15 crore for the first quarter ending June. The company had posted a net profit of Rs 25.44 crore in the April-June q
Blackstone to sell 330 mn units in Nexus Select Trust for nearly Rs 4500 cr. Global investment firm Blackstone plans to sell 33 crore units in its REIT firm 'Nexus Select Trust' for nearly Rs 4500 crore through a block deal on stock exchanges, according to sources. Blackstone currently holds around 43 per cent stake in Nexus Select
JFSL to shape prosperous, inclusive financial future for India: Ambani. Jio Financial Services Ltd (JSFL) will lead the way in shaping a prosperous and inclusive financial future for India by focussing on technology and developing tailor made products, RIL Chairman and Managing Director Mukesh Ambani said. JFSL is a subsidiary
RIL to use naphtha supplies as partial payment for Venezuela crude: Reports. Reliance, which operates the world's biggest refining complex, plans to supply naphtha, a refined product, from the US to partly pay for its Venezuelan oil purchases
US Judge refuses to block Byju's payment to India's cricket board. US Bankruptcy Judge Brendan Shannon rejected a lender request to block Riju Ravindran, brother of Byju's founder
24Seven may return under 'The New Shop' banner as acquisition talks begin. Grocery convenience retail startup is in talks with Godfrey Phillips India to acquire its 24Seven retail stores
Shoes in 10-minutes: Footwear major Bata wants to join quick-commerce race. The quick-commerce space is becoming an attractive business opportunity, witnessing increased interest from investors. Big guns like Reliance and Walmart want to enter the sector too
SoftBank VF1 reports 4 mn loss on Paytm exit, gains mn on Zomato. The Japanese conglomerate recorded a 4 million gross gain from its 9 million investment in Policybazaar, and gain of 5 million on its 7 million investment in Zomato
Real estate majors DLF, Macrotech among most valued family businesses. Sobha's Ravi PNC Menon and Macrotech's Abhishek Lodha found places in the list of the youngest leaders in the 2024 Barclays Private Clients Hurun India most valuable real estate family businesses
Brookfield India REIT Q1 results: PAT jumps to Rs 37.3 cr, NOI at Rs 440 cr. Brookfield India Real Estate Trust has reported a 93 per cent jump in its net operating income to Rs 439.9 crore and declared a distribution of Rs 216 crore for the June 2024 quarter. Its net operating income (NOI) stood at Rs 227.5 crore in the year-ago p
MRF Q1 results: Net profit dips to Rs 571 cr, total income at Rs 7,280 cr. Tyre maker MRF on Thursday said its consolidated net profit declined by 3 per cent year-on-year to Rs 571 crore for the first quarter ended June 30, 2024. The company had reported a net profit of Rs 589 crore in the April-June quarter of last fiscal. Total
90% women view GenAI as crucial for career growth, says Nasscom-BCG report. As GenAI is projected to dominate 33 per cent of the global AI landscape by 2027, the AI market is expected to reach 0-380 billion, growing at a CAGR of 25-35 per cent, said the report
Alembic Pharma Q1FY25 results: Net profit increases 12% to Rs 135 cr. Alembic Pharmaceuticals on Thursday said its consolidated net profit increased by 12 per cent to Rs 135 crore for the first quarter ended on June 30, 2024. The drug firm had reported a net profit of Rs 121 crore for the April-June quarter of last fiscal. T
RVNL Q1 results: Net profit falls 35% to Rs 224 cr on reduced income. State-owned Rail Vikas Nigam Ltd (RVNL) on Thursday posted around 35 per cent fall in consolidated net profit to Rs 223.92 crore during the June quarter of FY25, mainly on account of reduced income. It had reported a net profit of Rs 343.09 crore during th
Airtel Payments Bank Q1 results: PAT up 41% to Rs 7.2 cr on revenue rise. Airtel Payments Bank on Thursday said its net profit for the June quarter rose 41 per cent year-on-year to Rs 7.2 crore, amid uptick in digital savings bank accounts alongside other digital offerings. Announcing its consolidated report card for the first q
Serial entrepreneur Suman Gandham launches AI-mobility company Dacio. He aims to make India's roads safer by harnessing the power of artificial intelligence and machine learning technologies
Gaming major Nazara Tech buys UK-based Fusebox Games for Rs 228 cr. Gaming and esports company Nazara Technologies on Thursday announced acquisition of Fusebox Games, an IP-based gaming studio in the United Kingdom, for Rs 228 crore in an all-cash deal. Fusebox has 30 employees primary based in the UK. "Nazara Technologies
E-commerce adoption surges in Bharat; tier 4+ users lead as repeat shoppers. With about 80 per cent of its 15 crore annual transacting customers coming from tier 2, 3 and 4 and beyond towns, Meesho has been instrumental in bringing new-to-e-commerce users online
Unitech Q1 results: Loss widens to Rs 1,206 cr, total income at Rs 84 cr. Realty firm Unitech Ltd on Thursday reported a consolidated net loss of Rs 1,206 crore in the first quarter of FY25. The company had posted a net loss of Rs 702.97 crore in the year-ago period. Total income declined to Rs 84.04 crore in the April-June quar
JSW Energy secures contract from SECI for 230 MW renewable energy supply. JSW Energy on Thursday said its arm received a letter of award from Solar Energy Corporation of India (SECI) for supply of 230 MW of power from its renewable energy project. The energy supply order has been secured by wholly-owned subsidiary JSW Neo Energy
Wipro Infrastructure Engineering acquires US-based Columbus Hydraulics. Wipro Hydraulics, part of homegrown Wipro Infrastructure Engineering, on Thursday said it has acquired the US-based Columbus Hydraulics to strengthen its presence in North American market. The company did not disclose the transaction value. The entity has
Vedanta puts steel sale on hold, billion share boost adds relief. Vedanta may revisit the sale in the future but will prioritise investments in sectors like electronics and semiconductors
Radico Khaitan expects 20% growth as Indians splurge on expensive liquor. Radico Khaitan reported 14.3 per cent sales volume growth for the June quarter on Wednesday in its high-end category, which makes up roughly half its revenue
ABB India PAT up 50% in June-qtr due to improved operational performance. Sequentially, ABB India's profit dipped 4 per cent, while revenue slipped 8 per cent
Page Industries Q1 results: Net profit rises to Rs 165 cr on strong demand. The apparel maker reported a profit of Rs 165 crore(nearly million) for the quarter ended June 30, compared with Rs 158 crore a year ago
PFC secures 25.5 bn yen loan from JBIC to finance wind energy project. State-owned Power Finance Corporation (PFC) on Thursday said that it has secured a loan of 25.5 billion Japanese yen (around Rs 147 crore) from Japan Bank for International Cooperation (JBIC) for a wind energy project. This loan is part of JBIC's Global Ac
Majority of retail distributors resume ops in Bangladesh, says Marico. The 'Parachute' hair oil maker gets 44 per cent of its international revenues from the country, where it has a distribution network of more than 770,000 outlets
Godawari Power and Ispat Q1 results: Net profit grows 24% to Rs 287 cr. Godawari Power and Ispat on Wednesday posted 24 per cent rise in consolidated net profit at Rs 286.89 crore for June quarter FY25, helped by reduced expenses. Net profit from ordinary activities after tax was at Rs 230.88 crore in April-June FY24, the comp
Revenue a second order effect over customer experience: Ixigo CEO. Online travel aggregator sets sights on doubling flight segment share and outpacing market growth
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