APSEZ ( Adani Ports and Special Economic Zone Ltd) is the largest commercial ports operator in India accounting for nearly one-fourth of the cargo movement in the country. It is present across 13 domestic ports in seven maritime states of Gujarat, Maharashtra, Goa, Kerala, Andhra Pradesh, Tamil Nadu and Odisha. Adani Ports and Special Economic [...]
The M.P. Birla Group, one of India's major industrial conglomerates, was founded in 1919. The business is a market leader in the cement sector. having a significant presence in northern, central, and eastern India. The M.P. Birla Group, regarded as a pioneer in the cable industry, has partnerships with international behemoths like Furukawa. Post-tax profit [...]
FMCG company ADF Foods Ltd on Tuesday reported a 93 per cent rise in its consolidated profit after tax (PAT) at Rs 14.7 crore in the June quarter on account of higher revenues. It had reported a PAT of Rs 7.6 crore in the year-ago period, the company said in a statement. The company's revenue [...]
Promoter Shares means the Equity Shares of the Company held by Promoters, together with any rights and/or bonus. Increasing a promoter's stake depicts that the group of people who founded or have a substantial interest in a firm is purchasing additional shares in the company. It is a good indicator since it demonstrates that the [...]
Banks with lower NPA percentages are perceived as more stable and credible. They have a more robust loan portfolio and a reduced risk of default, both of which are crucial for financial stability. A lower NPA ratio, on the other hand, does not always mean that a bank is fully risk-free. Market circumstances, economic slowdowns, [...]
NTPC Renewable Energy Ltd on Tuesday emerged as the successful bidder for an 80-megawatt floating solar project at Khandwa in Madhya Pradesh. The energy generated from the project will be supplied to Madhya Pradesh discoms, NTPC said in a statement. NTPC Renewable Energy is a subsidiary of power producer NTPC. "The bidding was conducted on [...]
Capital markets regulator Sebi has suspended the registration of Mavji Haribhai Commodities for its involvement in illegal paired contracts on the now defunct National Spot Exchange Ltd (NSEL). By providing access for taking exposure to paired contracts, the broking firm's clients were exposed to the risk involved in trading in a product that did not [...]
One of India's top real estate developers, The Brigade Group, has more than 35 years of experience in creating rewarding experiences for all parties involved. Bengaluru-based Brigade Enterprises has developed many residential, commercial (office and retail) and hotel projects across South India in the cities of Bengaluru, Mysuru, Hyderabad, Chennai and Kochi. Realty firm Brigade [...]
In November 1975, the government-owned coal mining company Coal India Limited (CIL) was established. In spite of its low initial production of 79 Million Tonnes (MTs), CIL is now the world's largest coal producer. Coal India on Tuesday posted a 10.1 per cent fall in its consolidated net profit to Rs 7,941.40 crore for the [...]
A government-owned chemical corporation called Hindustan Organic Chemicals Ltd. (HOCL) specializes in the production and marketing of organic chemicals. It focuses on domestic chemical intermediate production to boost domestic businesses and lessen the nation's reliance on imports. State-owned Hindustan Organic Chemicals Ltd (HOCL) on Tuesday posted a consolidated net loss of Rs 23.03 crore for [...]
Multibagger stocks are defined as those that provided investors with returns of more than 100% within a single calendar year. Two stocks that generated multi-bagger gains are listed below. IRFC LTD The Indian Railways' designated financial division is called the Indian Railway Finance Corporation (IRFC). The firm was established in December 1986 to raise money [...]
One of India's leading integrated power businesses, Tata Power offers next-generation client Tata Power, one of India's top integrated power companies, provides clients with cutting-edge solutions including solar rooftops, EV charging stations, and home automation in addition to having a presence along the whole value chain of traditional and renewable energy. Tata Power has 12772 [...]
One of India's top producers of fertilizers in the private sector is Chambal Fertilizers and Chemicals Limited. The company produces more than 3.4 million MT of urea annually, which represents close to 15% of all urea produced in the nation. Chambal Fertilisers and Chemicals Ltd on Tuesday posted a marginal drop of 0.9 per cent [...]
The listed company for GE's Grid Solutions division in India is GE T&D. GE T&D India is a major player in the power transmission and distribution industry with more than 100 years of history in India. GE T&D India has five manufacturing facilities and is equipped to fulfil the industry's rising need for grid products [...]
Aditya Birla group company Hindalco Industries is the world’s largest aluminium company by revenue, and a major player in copper serving more than half of India’s copper requirement. Hindalco Industries Ltd on Tuesday posted over 40 per cent fall in its net profit to Rs 2,454 crore for the quarter ended on June 30, dragged [...]
The share price of a small-cap auto ancillary stock held by Dolly Khanna and Vijay Kedia surged 18.6 percent to reach a new all-time high of ₹ 1038.80 apiece on the National Stock Exchange (NSE) after the company announced its result for the first quarter of the financial year 2023-24 and a stock split. Talbros [...]
NFL, a Schedule 'A' and Mini Ratna (Category-I) Company with its registered office in New Delhi, was established on August 23, 1974. Its corporate headquarters are in NOIDA (U.P.). NFL has five gas-based ammonia-urea facilities, including two each in the Madhya Pradesh districts of Vijaipur and District Guna and Nangal and Bathinda in Punjab. State-owned [...]
The Jalgaon-based company is into manufacturing micro-irrigation systems, PVC and HDPE pipes, plastic sheets, agro-processed products, and other agricultural inputs. Jain Irrigation on Tuesday posted a consolidated net profit of Rs 36.64 crore in the June quarter on strong sales. The company had posted a net loss of Rs 5.79 crore in the year-ago period, [...]
India's sole manufacturer of solar glass is Borosil Renewables Ltd. The company produces a variety of consumer, scientific, and lab goods. The current solar glass production capacity is 450 TPD, which is enough solar glass to make 2.8 GW of solar modules. The recent acquisition of Interflora Group, the largest solar manufacturer in Europe with [...]
The Board of Control for Cricket in India (BCCI) has paid Rs 1,159 crore in income tax in the 2021-22 fiscal, 37 per cent higher than the previous year. In a written reply to a question in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary gave details of the income tax paid by [...]
