Havells India manufacturer of electrical goods and appliances, on Thursday said its consolidated net profit increased 33.2 per cent to Rs 249.08 crore in the September quarter. According to the regulatory filing, the company had reported a net profit of Rs 187.01 crore in the corresponding period last fiscal. Its revenue from operations was at [...]
Wendt India a manufacturer of abrasives and precision components, has posted a standalone profit for the July-September quarter at Rs 8.58 crore, the company said on Thursday. In the last year the same quarter, the Murugappa group company registered a standalone profit of Rs 9.28 crore. The company declared a standalone profit of Rs 17.26 [...]
Shares of this midcap gas distribution company fell by 9.90 percent after Jefferies downgrades and cut target price by 3 percent. At 10:30, 20th October shares of Indraprastha Gas Ltd were trading at Rs. 412.35 per share, down by 9.90 percent from previous closing price of Rs. 457.65 per share. Such bearish stock price movements [...]
The State-owned company’s share opened Thursday's trading session on a positive note as it joined hands with a PSU bank to co-finance projects worth Rs 30,000 crore for next five years. With a market capitalization of 76,073 crore ,the power project financing company REC ltd opened their Thursday trading session on a positive note. The [...]
The shares of India’s leading and largest cement manufacturer gained 3 percent in the day’s trade after it announced its quarter ended September (Q2FY24) results with 69 percent growth in the net profit year-on-year basis. At the day’s closing the shares of Ultratech Cement were trading at Rs. 8,514.65 up 2.86 percent from its previous [...]
This S&P BSE Smallcap stock has a market cap of Rs. 6,710 crore and rose around 2% within the first hour of markets open with volumes that are over 0.3x monthly average volumes. The stock trades 2% away from its 52 week high and has a significant DII and FII holding. DIIs hold 22% and [...]
This S&P BSE Smallcap stock has a market cap of Rs. 7,284 crore and rose around 1% within the first hour of markets open with volumes that are over 0.3x monthly average volumes. The stock gained after the company announced a new QIP issued at a premium. The stock trades 6% away from its 52 [...]
On Thursday leading cinema exhibitor PVR INOX reported a consolidated net profit of Rs 166.3 crore for the September quarter. According to a regulatory filing, The company, earlier known as PVR Ltd, posted a net loss of Rs 71.2 crore in the year-ago period. For the second quarter of the current financial year, Its revenue [...]
On Thursday Biocon Biologics said it has appointed Kedar Upadhye as its new CFO. Upadhye replaces MB Chinappa who will take up a finance role at the Biocon Group. The Bengaluru-based compnay said in a statement that the leadership changes will be effective October 31, 2023, the Bengaluru-based company said in a statement. "He (Upadhye) [...]
South Indian Bank on Thursday posted a 23 per cent rise in net profit to Rs 275 crore for the September quarter as provisions for bad loans came down significantly. In the year-ago period, the lender had posted a net profit of Rs 223 crore. During the July-September period, total income climbed to Rs 2,485 [...]
