Author name: Lisl News Desk

News Desk

EPack Prefab Technologies Files IPO Papers to Raise Rs 300 Crore via Fresh Issue

EPack Prefab Technologies Files IPO Papers to Raise Rs 300 Crore via Fresh Issue

/ IPO News /

EPack Prefab Technologies, one of the main players in the Prefab Building Solutions segment, on Monday filed a draft red-herring prospectus with capital market regulator SEBI for an Initial Public Offering. This is for a proposed fresh issue of shares for Rs 300 crore and OFS of one crore shares by the promoters according to […]

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UltraTech Cement Q3 Results: Net Profit Drops 17% YoY to Rs 1,470 Crore, Shares Rise 6%

UltraTech Cement Q3 Results: Net Profit Drops 17% YoY to Rs 1,470 Crore, Shares Rise 6%

/ Results /

UltraTech Cement, the country’s largest cement producer, reported a 17 percent YoY decline in consolidated net profit to Rs 1,470 crore for the third quarter of FY25. However, the result came in better than the market had expected as a Moneycontrol poll had estimated a sharper drop of 26 percent YoY to Rs 1,304 crore.

UltraTech Cement Q3 Results: Net Profit Drops 17% YoY to Rs 1,470 Crore, Shares Rise 6% Read More »

Adani Energy Solutions Q3 Results: Net Profit Rises 73% YoY to Rs 562 Crore, Revenue Up 28%

Adani Energy Solutions Q3 Results: Net Profit Rises 73% YoY to Rs 562 Crore, Revenue Up 28%

/ Results /

Adani Energy Solutions reported a robust 73% year-on-year (YoY) jump in consolidated net profit to Rs 561.8 crore for the third quarter ended December 31, 2024. In the same quarter last year, the company had recorded a net profit of Rs 324.90 crore. The consolidated income of the company jumped to Rs 6,000.39 crore in

Adani Energy Solutions Q3 Results: Net Profit Rises 73% YoY to Rs 562 Crore, Revenue Up 28% Read More »

L&T Shares Decline as Submarine Bid Disqualified; Mazagon Dock Rises 5% Amid P75(I) Developments

L&T Shares Decline as Submarine Bid Disqualified; Mazagon Dock Rises 5% Amid P75(I) Developments

/ Indian Market /

Shares of Larsen & Toubro (L&T) fell by 1% on January 25 after reports suggested its bid for India’s Rs 70,000 crore P75(I) submarine project was disqualified. Meanwhile, shares of Mazagon Dock Shipbuilders (MDL) surged over 5% to Rs 2,411, as it emerged as the sole qualifying contender for the project. The P75(I) project, covered

L&T Shares Decline as Submarine Bid Disqualified; Mazagon Dock Rises 5% Amid P75(I) Developments Read More »

HUDCO Q3 Results: Net Profit Rises 42% YoY to Rs 735 Crore, Declares Rs 2.05 Dividend

HUDCO Q3 Results: Net Profit Rises 42% YoY to Rs 735 Crore, Declares Rs 2.05 Dividend

/ Results /

Housing & Urban Development Corporation Ltd (HUDCO) reported a 42% year-on-year (YoY) growth in its net profit for Q3 FY25, reaching Rs 735 crore compared to Rs 519.23 crore in the same period last year. The Navratna company also recorded a strong 37% YoY increase in revenue, which stood at Rs 2,760 crore, up from

HUDCO Q3 Results: Net Profit Rises 42% YoY to Rs 735 Crore, Declares Rs 2.05 Dividend Read More »

HDFC Bank Q3 Results: Net Profit Rises 2.2% YoY to Rs 16,736 Crore

HDFC Bank Q3 Results: Net Profit Rises 2.2% YoY to Rs 16,736 Crore

/ Indian Market /

HDFC Bank reported a 2.2 percent year-on-year (YoY) increase in its net profit, reaching Rs 16,736 crore for the quarter ending December 2024. This is slightly above the market estimate of Rs 16,650 crore predicted by Moneycontrol. The bank’s net interest income too increased 8 percent YoY, to Rs 30,690 crore, in line with analysts

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Maharashtra Signs Investment Deals Worth ₹6.25 Lakh Crore at Davos; Tata Group Leads with ₹30,000 Crore Commitment

Maharashtra Signs Investment Deals Worth ₹6.25 Lakh Crore at Davos; Tata Group Leads with ₹30,000 Crore Commitment

/ Indian Market /

The state of Maharashtra secured 31 MoUs amounting to investments of more than ₹6.25 lakh crore at the World Economic Forum, Davos, in Switzerland. The deals span sectors including automotive, steel, defence, electric vehicles (EVs), renewables, and electronics, according to Chief Minister Devendra Fadnavis. Signings of agreements in this regard from some of India’s leading

Maharashtra Signs Investment Deals Worth ₹6.25 Lakh Crore at Davos; Tata Group Leads with ₹30,000 Crore Commitment Read More »

Zomato, Swiggy Shares Fall 3% as Competition in Quick Commerce Heats Up

Zomato, Swiggy Shares Fall 3% as Competition in Quick Commerce Heats Up

/ Indian Market /

Shares of Zomato and Swiggy continued their downward slide on January 22, dropping by another 3 percent amid concerns over intensifying competition in the quick commerce space. Zomato’s aggressive push to expand its dark store network for its quick commerce arm, Blinkit, has raised apprehensions about rising costs and shrinking profits for the sector. Zomato’s

Zomato, Swiggy Shares Fall 3% as Competition in Quick Commerce Heats Up Read More »

Indian Rupee Opens Almost Flat at 86.5650 Against US Dollar

Indian Rupee Opens Almost Flat at 86.5650 Against US Dollar

/ Indian Market /

The Indian rupee opened nearly unchanged on January 22 at 86.5650 against the US dollar but saw a marginal dip due to foreign investor outflows. By 9:30 AM, the local currency was trading at 86.5938, slightly weaker than its previous close of 86.5863. The market participants expect rupee to trade in a range as global

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Cyient DLM Shares Drop 12% After Profit and Margin Decline in Q3

Cyient DLM Shares Drop 12% After Profit and Margin Decline in Q3

/ Indian Market /

Shares of Cyient DLM plunged 12% on January 22 following the company’s announcement of a sequential decline in its consolidated net profit and margins for the December quarter. By 9:35 AM, the stock was trading 10% lower at ₹533, showing a huge decline in investor confidence. The stock of Cyient DLM has declined 18% in

Cyient DLM Shares Drop 12% After Profit and Margin Decline in Q3 Read More »

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