The transaction, which will be executed in cash, involves the purchase of shares at ₹80,000 at par value. The total investment, including the acquisition and additional funding, will be up to ₹120 crore, with the capital structure to be finalised…
The company’s revenue from operations dipped 1.6% to ₹1,361.2 crore as against ₹1,383.6 crore in the corresponding period of the preceding fiscal. The results came after the close of the market hours. Shares of Astral Ltd ended at ₹1,382.25, up…
Earnings before interest, taxes, depreciation and amortisation (EBITDA) dropped by 66% to ₹31.2 crore, as against ₹92 crore a year ago. The operating margin also contracted to 4.9%, compared to 13.2% in the year-ago period
Bajaj Consumer Care Q1 Results: EBITDA rose by 10.4% to ₹40.5 crore as against ₹37 crore a year ago. Operating margin improved to 15.2% from 14.9% in the year-ago period.
The contract involves the manufacture, supply, testing and commissioning of complete, fully functional Linke Hofmann Busch (LHB) coaches. Shares of BEML Limited ended at ₹3,945.00, up by ₹85.80, or 2.22%, on the BSE.
Forty-four Nifty stocks finished in the green. Tata Motors jumped more than 3% after reporting strong June-quarter results, while Adani Enterprises and Trent were also among the top gainers. HDFC Bank rose nearly 1%, contributing significantly to the Nifty’s advance.
For the June quarter, Avantel’s net profit declined by over 56% from last year to ₹3.23 crore from ₹7.38 crore. Revenue from operations also remained flat at ₹51.9 crore, summarising a weak quarter for the company.
Before Monday’s move, shares of Uniparts India had gained only once in the last 25 trading sessions, with the last advance being a 0.25% gain on Monday, August 4. The other sessions have seen the stock grind lower from levels…
The line serves as a strategic freight corridor, enabling faster and more efficient transportation of coal, iron ore, steel, and other key commodities, thereby reducing congestion on existing routes and improving supply chain efficiency for industries in the region. Shares…
In the broader oil and gas sector, Nilesh Ghuge, Institutional Analyst at HDFC Securities, said city gas distribution (CGD) companies remain more attractive, with Mahanagar Gas as the preferred pick.