Author name: Lisl News Desk

News Desk

Tata Steel Reports Rs 759 Crore Profit in Q2, Recovers from Last Year's Loss

Tata Steel Reports Rs 759 Crore Profit in Q2, Recovers from Last Year’s Loss

Tata Steel Ltd posted a consolidated net profit of Rs 759 crore for Q2 FY25, marking a strong return to profitability after a net loss of Rs 6,511 crore in the same quarter last year. However, despite the improved bottom line, Tata Steel’s revenue dipped by 3% year-on-year to Rs 53,905 crore, affected by challenges […]

Tata Steel Reports Rs 759 Crore Profit in Q2, Recovers from Last Year’s Loss Read More »

Apollo Hospitals Q2 Net Profit Jumps 59% to Rs 396 Crore; Revenue Climbs 13%

Apollo Hospitals Q2 Net Profit Jumps 59% to Rs 396 Crore; Revenue Climbs 13%

Apollo Hospitals reported a strong 59% year-on-year rise in net profit for the July-September quarter, reaching Rs 395.70 crore, driven by higher demand for healthcare services. This is up from Rs 248.80 crore in the same quarter last year. Revenue also grew by 13% to Rs 5,589.3 crore compared to Rs 4,846.9 crore in the

Apollo Hospitals Q2 Net Profit Jumps 59% to Rs 396 Crore; Revenue Climbs 13% Read More »

Sai Life Sciences, Rubicon Research, Metalman Auto, and Sanathan Textiles Get SEBI Nod for IPOs

Sai Life Sciences, Rubicon Research, Metalman Auto, and Sanathan Textiles Get SEBI Nod for IPOs

Sai Life Sciences, Rubicon Research, Metalman Auto, and Sanathan Textiles have received approvals from the Securities and Exchange Board of India (SEBI) to move forward with their initial public offerings (IPOs). With SEBI’s observation letters dated October 31, these companies have the green light to launch IPOs within a year. Notably, BMW Ventures withdrew its

Sai Life Sciences, Rubicon Research, Metalman Auto, and Sanathan Textiles Get SEBI Nod for IPOs Read More »

RITES Shares Rise 2% After Winning Rs 36 Crore Contract from Delhi Metro Rail Corporation

RITES Shares Rise 2% After Winning Rs 36 Crore Contract from Delhi Metro Rail Corporation

Shares of RITES Ltd climbed by around 2% on November 6 after the state-owned engineering consultancy firm announced a new contract from Delhi Metro Rail Corporation (DMRC) valued at Rs 36.36 crore (excluding GST). This order is for retrofit work on RS-1 trains, aimed at upgrading and enhancing train performance and lifespan. The work is

RITES Shares Rise 2% After Winning Rs 36 Crore Contract from Delhi Metro Rail Corporation Read More »

Triveni Engineering Stock Falls 5% After Posting Q2 Loss Due to Weak Sugar, Alcohol Margins

Triveni Engineering Stock Falls 5% After Posting Q2 Loss Due to Weak Sugar, Alcohol Margins

Shares of Triveni Engineering and Industries dropped 5% on November 6 after the company posted disappointing results for the July-September quarter. The company reported a consolidated net loss of Rs 22.4 crore, a stark contrast to its net profit of Rs 29.1 crore in the same period last year, primarily due to weaker profitability in

Triveni Engineering Stock Falls 5% After Posting Q2 Loss Due to Weak Sugar, Alcohol Margins Read More »

Sagility India IPO Achieves 40% Subscription on Day 2, Driven by Retail Investor Interest

Sagility India IPO Achieves 40% Subscription on Day 2, Driven by Retail Investor Interest

The Sagility India IPO, a healthcare technology-enabled services provider, has garnered 40% subscription by its second day of bidding, November 6. The offering received close to 14 crore bids against the 38.7 crore shares available, as per NSE data. Retail individual investors (RIIs) led the demand, with their portion nearly twice subscribed. Non-institutional investors (NIIs)

Sagility India IPO Achieves 40% Subscription on Day 2, Driven by Retail Investor Interest Read More »

Hi-Tech Pipes Q2 Net Profit Jumps 72% to Rs 18 Crore on Lower Expenses

Hi-Tech Pipes Q2 Net Profit Jumps 72% to Rs 18 Crore on Lower Expenses

Hi-Tech Pipes reported a substantial 72% increase in net profit for the second quarter, reaching Rs 18.11 crore, boosted by cost reductions. The steel products manufacturer had posted a net profit of Rs 10.52 crore during the same period last fiscal, the company revealed on Tuesday. Despite the profit jump, Hi-Tech Pipes’ total income for

Hi-Tech Pipes Q2 Net Profit Jumps 72% to Rs 18 Crore on Lower Expenses Read More »

RVNL Shares Surge 5% After Emerging as Lowest Bidder for Bengaluru Rail Project

RVNL Shares Surge 5% After Emerging as Lowest Bidder for Bengaluru Rail Project

Rail Vikas Nigam Ltd (RVNL) shares climbed 5% on November 6 after the company, along with Rithwik Projects Pvt Ltd (RPPL), emerged as the lowest bidder (L1) for a major contract in the Bengaluru Suburban Rail Project (BSRP). This significant win boosted RVNL’s shares, trading at Rs 467.25 by 9:34 AM, up nearly 4%. Year-to-date,

RVNL Shares Surge 5% After Emerging as Lowest Bidder for Bengaluru Rail Project Read More »

Mazagon Dock Shares Rise 3% on Strong Q2 Results and Stock Split News

Mazagon Dock Shares Rise 3% on Strong Q2 Results and Stock Split News

Mazagon Dock Shipbuilders Ltd. saw its shares jump by over 3% on November 6 after the company reported impressive financial results for Q2. The state-owned defense firm posted a 76% increase in net profit, reaching Rs 585 crore for the quarter ending in September, while revenue surged by 51% year-on-year to Rs 2,757 crore. The

Mazagon Dock Shares Rise 3% on Strong Q2 Results and Stock Split News Read More »

Scroll to Top