ACC Ltd, part of the Adani Group, announced its financial results for the fourth quarter of FY25 on April 24, showing a 20 percent fall in net profit. The company reported a profit of ₹751 crore for the March quarter, down from ₹943 crore in the same period last year. The fall in profit came […]
ACC Q4 Profit Falls 20% Despite Higher Revenue; Declares ₹7.5 Dividend for FY25 Read More »
Shares of Bajaj Housing Finance are likely to remain in focus on April 23 after the company reported strong financial results for the January to March quarter of FY25. This housing finance subsidiary of Bajaj Finance has shown impressive growth in both profit and business operations. The company’s net profit for Q4FY25 rose by 54
Shares of Waaree Energies rose over 8 percent on April 23 after the company announced strong financial results for the fourth quarter of the financial year. The company’s stock touched its highest level in nearly three months after the results were declared. Waaree Energies reported a 34 percent rise in its net profit to Rs
Gensol Engineering Ltd has come under investigation after Power Finance Corporation Ltd (PFC) filed a complaint with the Economic Offences Wing (EoW) of Delhi Police. PFC, a government-owned NBFC, alleged that Gensol submitted false documents related to loan servicing. In a statement released on April 22, PFC said it is committed to protecting its interests
Gensol Engineering Faces EoW Probe After PFC Files Complaint Over Fake Documents Read More »
In a positive move, US President Donald Trump said he will be “very nice” towards China in upcoming trade talks. Speaking in Washington, Trump assured that tariffs on Chinese goods would not be as high as 145%, as previously imposed during the peak of the trade tensions. Trump mentioned that China would have no option
Donald Trump Signals Softer Approach on China Tariffs, Hints at Lower Rates Than 145% Read More »
Electric vehicle company Ather Energy has fixed the price band for its upcoming IPO at Rs 304 to Rs 321 per share. The public issue will open for subscription on April 28, marking India’s first IPO launch after almost two months. Market experts believe other companies are closely watching Ather’s IPO before planning their own
Ather Energy Sets IPO Price Band at Rs 304-321 Per Share, First IPO After Two Months Read More »
Shares of IndusInd Bank fell 6% to ₹776 on April 22 after reports emerged that the bank has appointed Ernst & Young (EY) to conduct a second forensic audit. The new investigation will examine a ₹600 crore discrepancy in accrued interest income related to its microfinance portfolio. This development comes alongside an ongoing audit by
IndusInd Bank Shares Drop 6% Amid Second Audit into ₹600 Crore Interest Discrepancy Read More »
Shares of HG Infra Engineering rose 5% to ₹1,197 on April 22 after the company was named a qualified bidder by Gujarat Urja Vikas Nigam for a major battery storage project. The project involves setting up a Standalone Battery Energy Storage System (BESS) with a capacity of either 300 MW or 600 MWh, under Phase-VI
HG Infra Shares Gain 5% After Qualifying for Gujarat Battery Storage Project Read More »
Anant Raj shares are expected to remain in the spotlight on April 22 after the company posted strong financial results for the fourth quarter of FY25. The real estate firm reported a 51.5% year-on-year rise in consolidated net profit, which climbed to ₹118.6 crore in Q4FY25 from ₹78.3 crore in the same quarter last year.
Anant Raj Q4 Profit Surges 52% YoY to ₹118 Crore; Shares Likely in Focus Read More »
Shares of Muthoot Finance Ltd rose over 4% on April 21 following the company’s announcement of an interim dividend of ₹26 per share for the financial year 2024-25. The company’s board also proposed increasing the firm’s borrowing limit to ₹2 lakh crore and approved the appointment of George Joseph as an independent director. On the
Muthoot Finance Jumps Over 4% After Declaring ₹26 Interim Dividend for FY25 Read More »
