AWL Agri Business Q2 Results: Higher expenses dent profit, margins remain near 4%
AWL Agri’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the period also increased 21% on a year-on-year basis to ₹688.3 crore.
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L&T inks MoU with Holtec’s Asia arm to design and build solutions for heat transfer equipment
The collaboration will combine L&T’s nuclear manufacturing capabilities and Holtec’s design expertise to deliver solutions for nuclear and thermal power plants worldwide, especially heat transfer solutions for conventional power plant island and balance of plant.
Tata Consumer Products Q2 Results: Stock recovers on earnings beat; Margins narrow
Tata Consumer Products’ EBITDA margin for the quarter, although narrower by 140 basis points from last year’s figure of 14.9%, but was beat at 13.5% compared to the CNBC-TV18 poll of 13.2%.
Raymond James strategist trims ICICI Bank, adds to HDFC Bank, stays selective on India
Matt Orton, Chief Market Strategist at Raymond James Investment, said he would look to increase his overweight position in Mahindra & Mahindra if the company posts strong results and the market underreacts..
Multibagger Stocks: PSU Bank surges 10x in five years and there are more triggers ahead
According to Nuvama Alternative & Quantitative Index, Indian Bank is one among the four potential lenders which could make the cut to be included in the banking index.
Rupee falls 7 paise to 88.77 against US dollar in early trade
At the interbank foreign exchange, the rupee opened at 88.73 and slipped further to trade at 88.77 against the greenback, down 7 paise from its previous closing level.
Strides Pharma shares rally 10% to hit all-time high; DAM Capital sees room for re-rating
The Strides Pharma stock is now trading ex-OneSource, making it a pure-play generic pharmaceuticals business.
Mid-season review: The biggest stock upgrades and downgrades after Q2 from Motilal Oswal
Stronger Q2 earnings have set the stage for selective upgrades in Motilal Oswal’s portfolio — but not every sector is keeping pace. The latest review shows where the optimism is rising and where it’s fading. Consider this a mid-season estimate…
Gold and silver pause after recent swings. Will momentum return soon?
In India, 24-karat gold was priced at ₹12,317 per gram, 22-karat at ₹11,290, and 18-karat at ₹9,238. Silver traded at ₹154 per gram or ₹1,54,000 per kilogram in Delhi.
PSU stock surges 18% after signing MoUs worth nearly 7x of market capitalisation, modernisation plans
In addition to these MoUs, there was also an investment worth ₹4,000 crore announced for the modernization of Dredging Corporation for the construction of 11 dredgers, along with upgradation, automation and development of skilled manpower.