This chemical stock suffers from FII exodus
Foreign portfolio investors have nearly halved their stake in Aarti Industries in the last two years. While Aarti is not the only stock that FIIs have dumped, it’s definitely the most hit.
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Pfizer Q1 Results | Net profit surges 27%, margins improve
Pfizer’s revenue grew 7.1% to ₹604 crore from ₹563 crore, while EBITDA increased 18.1% to ₹209.7 crore from ₹177.6 crore in Q1FY25. Shares of Pfizer Ltd ended higher on Wednesday (August 13) by 0.18% at ₹5,096.25 on the NSE.
Ethanol price revision key to India’s 20% blending target: Shree Renuka Sugars
Atul Chaturvedi of Shree Renuka Sugars expects only a modest rise in sugar prices as lower allocations lift rates but strong output caps gains.
Premier Explosives Q1 profit more than doubles, stock jumps 20%
The Secunderabad-based defence manufacturer’s order book grew by 32% to ₹988.5 crore while the company participated in request for proposals worth around ₹700 crore during the April to June period.
Jain Irrigation wins ₹135-crore order for solar pumps under PM-KUSUM scheme in Maharashtra
This empanelment under the government’s clean energy initiative aims to promote solar-powered irrigation solutions, reducing farmers’ dependence on conventional energy sources. The project value is ₹135 crore plus GST. Shares of Jain Irrigation Systems Ltd ended at ₹52.80, up by…
HG Infra Engineering Q1 Results | Net profit slumps 39% as margins weaken
Revenue from operations dipped 3% to ₹1,482 crore against ₹1,528 crore year-on-year while EBITDA fell 17.5%. Shares of HG Infra Engineering Ltd ended at ₹994, up by ₹4.65 or 0.47%, on the BSE today (August 13).
BPCL Q1 Results: Revenue above expectations, while margins expand
BPCL’s EBITDA margin for the quarter expanded 160 basis points sequentially to 8.6% from 7% in March. However, the figure was marginally lower than the CNBC-TV18 poll figure of 8.9%.
Muthoot Finance Q1 Results: Earnings beat across parameters, asset quality improves
Net interest income (NII), which is the difference between the interest income a bank earns from its lending activities and the interest it pays to depositors, jumped 50.6%, coming at ₹3,473 crore against ₹2,305 crore in the corresponding quarter of…
Indian gems and jewellery exports rise 16%, imports up 27% in July amid tariff concerns
The spike reflects accelerated trade as businesses sought to complete shipments before tariffs were expected to take effect in August.
Vishal Mega Mart Q1 Results: Revenue growth remains strong; margin expands despite higher costs
Vishal Mega Mart is also a recent inclusion in the MSCI Standard Index. The stock will become part of the index at the end of this month and is likely to see inflows worth $258 million when the rebalancing takes…