Auto components maker Pricol Ltd on Thursday said it has moved the Madras High Court challenging the validity of the application of rival Minda Corporation to the Competition Commission of India to acquire a 24.5 per cent stake in it. Minda Corporation had earlier this month decided to approach the CCI to increase its stake [...]
PI Industries is engaged in the business of - Agri inputs, fine chemicals, and (CRAMS) contract research and manufacturing services. and it is a leading player in the agrochemicals space, having a solid presence in domestic and export markets. Shares of PI Industries Ltd. were trading at ₹ 3455.10 gaining 1.06 % on Thursday’s trading [...]
Shares of Wonderla Holidays, India’s largest amusement park, gained 7.07 percent on Thursday’s early trades to reach an intraday high of ₹ 498.00 apiece after the company reported robust results for the quarter and year ended on March 31, 2023. Wonderla Holidays is primarily engaged in the business of amusement parks and resorts. Some of [...]
With a market capitalization of Rs 15,993 crore, J B Chemicals and Pharmaceuticals Ltd. shares surged 8% on Thursday to reach an intraday high of ₹ 2080 apiece from the previous close price of ₹1923. At 12.16 am, the stock was trading at Rs 2053.50 on the BSE, up 7 percent from its previous close. [...]
The ‘Dividend Yield’ is a ratio that portrays how much income is earned by way of dividends per year for every dollar that is invested in a stock, an exchange-traded fund (ETF), or a mutual fund. Listed below are 4 Small-cap stocks with a Dividend Yield of more than 4 percent: National Aluminium Company Limited [...]
BSNL has started rolling out of 4G network with 200 sites, and after a three-month trial, it will launch an average of 200 sites per day, Union IT and Communications Minister Ashwini Vaishnaw said on Wednesday. The minister said the 4G network of BSNL will be upgraded to 5G by November-December. "The 4G-5G telecom stack [...]
State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan and deposit growth in percentage terms during 2022-23. The Pune-headquartered lender also recorded highest growth in profitability with bottomline growing almost 126 per cent to Rs 2,602 crore during the year. However, all the 12 public [...]
APM Terminals Pipavav (Gujarat Pipavav Port Ltd) on Wednesday reported a 31 per cent rise in consolidated net profit at Rs 98.13 crore for the fourth quarter of the year ended March 2023. The company had reported a profit of Rs 75.09 crore in the corresponding period a year ago. According to a company statement, revenue from [...]
Engine maker Cummins India on Wednesday reported a 61 per cent jump in consolidated profit after tax to Rs 348.91 crore in the March 2023 quarter. The Pune-based company and a part of the Cummins Group had posted a PAT of Rs 216.27 crore in the quarter ended March 2022, according to a regulatory filing. [...]
Adani Group-owned ACC and Ambuja Cement have launched a Cement and Concrete Research & Development facility at Kalamboli, Navi Mumbai. The newly established R&D facility will help Ambuja and ACC drive progress, enhance cost optimization, and create sustainable solutions to shape the future of the cement industry, said a statement. A focus on new product [...]
