UCO Bank Q1 Results: Gross NPA for the quarter stood at 2.63%, compared to 2.69% in the March quarter. Net NPA for the quarter stood at 0.45% from 0.50% in the March quarter.
The frequency of companies announcing share buybacks has declined since October 2024 when the new buyback regulations took effect.
BEML will split one share having a face value of ₹10 into two shares, which will carry a face value of ₹5 each, the company said in an exchange filing.
Earlier this year, in February, Titagarh Rail had received an order from Ambuja Cements and ACC Ltd. to manufacture and supply 16 BCFCM rake wagons with BVCM wagon. The order is worth ₹537.11 crore.
Nanovace Technologies is now setting up a pilot plant, expected to be ready by Q3 FY26, to showcase the industrial-scale viability of its solution.
First Global Chairperson Devina Mehra pointed out that the recent drop in inflation and crude prices, especially food inflation, is positive for both consumption and corporate profit margins.
Eternal, at the end of the March quarter, had highlighted that competition is likely to intensify in the near-term and that they will aggressively look to grow market share and not let short-term profitability goals come in the way.
Despite the weakness on the topline and margins, Mastek’s order wins remained healthy, increasing by 2.5% from the previous quarter and 8.3% from the same quarter last year.
William Lee said that as business investment picks up and tech companies lead the way, the US economy could continue to grow—even in a more protectionist world.
Hatsun Agro’s recent acquisition of Milk Mantra is also contributing to its consolidated numbers. However, the standout factor this quarter has been its gross margin, which has reached a multi-quarter high.