Ambuja Cements, owned by the Adani Group, posted a remarkable 242% jump in standalone net profit to Rs 1,758 crore for the December quarter of FY25, compared to Rs 514 crore in the same period last year. Despite strong volume growth of 17% year-on-year, the stock tumbled in trade on January 30, reflecting investor concerns […]
Ambuja Cement Reports 242% Surge in Q3 Profit, But Shares Drop 5% Read More »
Bajaj Finserv Ltd posted a 3% year-on-year rise in consolidated net profit at Rs 2,231 crore for the December quarter of FY25, compared to Rs 2,158 crore in the same period last year. The company’s revenue from operations grew 10% to Rs 32,042 crore, up from Rs 29,038 crore in Q3FY24. The shares of Bajaj
Bajaj Finserv Reports 3% Rise in Q3 Net Profit to Rs 2,231 Crore Read More »
Shares of Hitachi Energy India surged 20% on January 20 following its impressive December quarter results. At 10:20 am, the stock was locked at Rs 12,158 per share, hitting the upper circuit. The company’s market capitalization stood at Rs 51,527 crore, with a 52-week range of Rs 5,637 to Rs 16,550. The sequential and YoY
Hitachi Energy Shares Hit 20% Upper Circuit After Strong Q3 Results Read More »
The Cabinet Committee on Security (CCS) has approved a Rs 10,000 crore procurement deal for the Pinaka rocket launcher system, with Solar Industries and Munitions India Limited (MIL) selected as key manufacturers, according to a report by ANI citing defence sources. The Pinaka launchers will enhance artillery capabilities of the Indian Army, particularly in high-altitude
Solar Industries, MIL Secure Rs 10,000 Crore Pinaka Order, CCS Clears Deal Read More »
Adani Power Ltd reported a 7.4% increase in net profit for the third quarter of FY25, reaching Rs 2,940.07 crore, compared to Rs 2,737.96 crore in the same period last year. The company’s profit, however, was lower than the Rs 3,297.52 crore reported in the previous quarter. Following the earnings announcement, shares of Adani Power
Adani Power Posts 7.4% Rise in Q3 Net Profit at Rs 2,940 Crore, Plans Rs 5,000-Crore QIP Read More »
Shares of LE Travenues Technology (Ixigo) surged over 12% on January 29, even though the company reported a sharp decline in its Q3FY25 net profit. At 1:37 PM on NSE, Ixigo shares were trading at Rs 140.71, up 12.13%. The company’s consolidated net profit for the December 2024 quarter dropped 49% year-on-year to Rs 15.5
Ixigo Shares Jump 12% Despite 49% Drop in Q3 Profit Read More »
Maruti Suzuki India Ltd reported a 16% year-on-year increase in consolidated net profit, reaching Rs 3,727 crore for the third quarter of FY25. This exceeded analysts’ expectations, as a Moneycontrol poll had estimated a net profit of Rs 3,596 crore. The company’s revenue for the quarter stood at Rs 38,764 crore, marking a 16% growth
Maruti Suzuki Q3 Results: Net Profit Rises 16% to Rs 3,727 Crore on Strong Sales Growth Read More »
Shares of CarTrade Tech jumped nearly 9% after the company reported a net profit of Rs 43 crore in Q3, marking a strong turnaround from the Rs 24 crore loss it posted in the same quarter last year. The company achieved profitability despite incurring a one-time loss of Rs 46 crore in the December quarter.
CarTrade Shares Surge 9% After Company Reports Profit in Q3 Read More »
Shares of VA Tech Wabag surged 6% in early trade on January 29 after the company secured a Rs 121 crore contract to operate and maintain a wastewater treatment plant in Bahrain for the next seven years. The order, awarded by BAPCO Refining, expands VA Tech’s presence in Bahrain, where it has been managing a
ITC Hotels made its stock market debut on January 29, listing at Rs 180 per share on NSE—a 31% discount from its implied price of Rs 260 per share. On BSE, the stock debuted at Rs 188 per share, marking a 30% discount from its implied valuation of Rs 270 per share. The company’s market
ITC Hotels Shares List at Rs 180 on NSE, Down 31% from Implied Price Read More »
