The company said in the June quarter, its other expenditure rose by 21% YoY to ₹60.2 crore, mainly because of higher litigation costs in relation to the ongoing GST litigation before the Supreme Court. Shares of Delta Corp closed at…
BEML, headquartered in Bengaluru, is a key manufacturer of earthmoving, rail, transport, and mining equipment. Shares of BEML Ltd ended at ₹3,987.35, up by ₹139 or 3.61%, on the BSE today (August 4).
Bosch Ltd’s Q1 net profit rose to ₹1,115 crore, lifted by strong auto sector demand and a ₹556 crore gain from its Building Technologies divestment amid robust operating performance.
Shares of Azad Engineering closed 3.3% higher at ₹1,500.55 on the NSE. However, the stock is down 18.7% on a year-to-date basis.
Shares of Kansai Nerolac ended 2.43% lower at ₹243.97 on the National Stock Exchange, underperforming the Nifty 50 index, which rose 0.64% on the day.
At the operating level, EBITDA rose 8.9% to ₹76.3 crore in the first quarter of this fiscal over ₹70.1 crore last year. The EBITDA margin fell to 22.5% compared to 23.6% in Q1FY25. Shares of INOX India Ltd ended at…
Aurobindo Pharma reported a 10.2% YoY decline in Q1 net profit to ₹824.2 crore, missing CNBC-TV18 estimates. Revenue rose 4%, but margin and EBITDA also came in below expectations.
The company’s Q1FY26 revenue fell 19.9% to ₹371.3 crore against ₹463.3 crore year on year. Shares of Triveni Turbine Ltd ended at ₹596.65, up by ₹8.90 or 1.51%, on the BSE today (August 4).
The Nifty is expected to remain range-bound, and traders are advised adopt a buy-on-dips and sell-on-rise approach, accumulating near the support zone and booking profits near resistance, analysts say.
The company announced a bonus issue of equity shares in the ratio of 2:1. Under this proposal, shareholders will receive two fully paid-up bonus equity shares of ₹2 each for every one held. Shares of Godfrey Phillips India Ltd ended…