The tyremaker reported a rise in revenues on the back of steady demand in key markets like Europe, Middle East and Asia, and lower input costs. The board has also approved a fundraise of ₹1,000 crore via non-convertible debentures.
While revenue was largely flat, net profit fell 37.6% YoY in Q2FY26. EBITDA decreased by 22.4% from last year at ₹94 crore, while the EBITDA margin shrunk 250 basis points at 9.2% from 11.7% a year earlier. Shares of Akums…
Revenue for the quarter declined 2.3% year-on-year to ₹655.3 crore from ₹671 crore but was slightly above the CNBC-TV18 poll of ₹625 crore. Shares of PG Electroplast Ltd ended at ₹559.60, up by ₹31.20, or 5.90%, on the BSE.
Rainbow Children’s Medicare Q2 net profit fell 4.6% to ₹75 crore. Revenue rose 6.5% while margins narrowed. Shares of the company ended lower on Thursday, November 13, down 0.42% at ₹1,353.40 on the NSE.
Under the proposed arrangement, DWS intends to acquire a minority stake of up to 40% in Nippon Life India AIF Management Limited (NAIF), a wholly owned subsidiary of NAM India, by subscribing to fresh equity shares. Shares of Nippon Life…
Vishal Mega Mart reported a 46% YoY rise in Q2 net profit at ₹152.3 crore, driven by 22.4% revenue growth and margin expansion. Shares of the company ended marginally higher on Thursday, November 13, at ₹138.55 on the NSE.
NBCC (India) Ltd has secured a ₹340.17-crore order for the phase-I construction of the Central University of Kashmir at Tulmulla, Ganderbal. Shares of the company ended lower on Thursday, November 13, by 3.11% at ₹108.58 on the NSE.
The Bengaluru-based company reported ₹650.2 crore in revenue from operations, up 4.9% YoY and 8.9% on a sequential basis. Shares of Orkla India ended at ₹661.65 apiece, down 0.91% from the day’s opening. It is below its debut price of…
Reported profits were affected by mark-to-market losses of ₹2,000 crore on recently listed Tata Capital investments, leading to PBT (bei) of negative ₹600 crore and net income of negative ₹900 crore. Shares of Tata Motors Ltd ended at ₹398.05, down…
The Sensex rose 12 points to 84,478, while the Nifty inched up 3 points to 25,879. The Nifty Bank outperformed, gaining 107 points to 58,382 after touching a fresh intraday high.