Synopsis: One of India’s leading cement manufacturers reported healthy volume-led growth during the first quarter while achieving a key strategic milestone that strengthens its pan-India footprint. However, acquisition-related costs and a challenging operating...
Synopsis: CG Power’s Board approved a Rs 35.17 crore brownfield expansion of its EHV Gas Insulated Switchgear facility at Nashik on July 24, alongside Q1 FY27 results showing consolidated PAT rising 16% year-on-year to Rs 313.01 crore. India’s power...
Synopsis: Aurobindo Pharma’s wholly owned subsidiary, Apitoria Pharma, will acquire an 80 percent stake in A1 Biochem Group’s Contract Research Services business for an enterprise value of USD 17 million. The acquisition expands Aurobindo’s presence...
Synopsis: JD Cables Limited has secured a work order worth approximately Rs. 18 crore (including GST) from reputed government and private entities for the manufacturing, testing, supply and delivery of cables and conductors. The order strengthens the company’s...
Synopsis: A small-cap power equipment company has secured another contract with one of the country’s leading energy technology companies, keeping it in focus. While the latest order strengthens its execution pipeline, the bigger takeaway lies in the continued...
Synopsis: A defence engineering company is quietly moving higher up India’s military manufacturing value chain after securing a fresh development assignment from a key defence production unit. Beyond adding another project to its portfolio, the latest milestone...
Synopsis: Crude oil held near $91 a barrel and was on track for a weekly gain of over 12 percent as the US carried out a 13th straight day of strikes on Iran, while the rupee opened 6 paise weaker at 96.63 and risks breaching its record low as Brent approaches the...
Synopsis: Shares of Marco Cables & Conductors Limited surged 8 percent after the company secured a Rs. 11.45 crore domestic order from a reputed client in the cable industry for the supply of assorted sizes of conductors. The order strengthens the company’s...
Synopsis: A power infrastructure company is likely to remain on investors’ radar after announcing a fresh order from a government-owned utility. The latest contract is expected to strengthen its execution pipeline, enhance revenue visibility, and reinforce its...
Synopsis: Indiabulls Limited, formerly Yaari Digital Integrated Services, reported Q1 FY27 revenue of Rs. 384.4 crore and PAT of Rs. 141 crore with a 36.7 percent margin, while approving a Rs. 1,000.07 crore preferential equity raise to fund its real estate pipeline...