Author name: Lisl News Desk

News Desk

Man Infra Shares Rise as Firm Focuses on Mumbai Luxury Segment; Q2 Revenue Up 7%

Man Infra Shares Rise as Firm Focuses on Mumbai Luxury Segment; Q2 Revenue Up 7%

/ Results

Man Infraconstruction Ltd (MICL) reported a 7% increase in revenue to ₹230.32 crore for the September 2024 quarter, driven by strong growth in its real estate segment. The company’s real estate revenue surged 65.71% YoY to ₹154.74 crore. However, higher expenses, which climbed to ₹207 crore from ₹159 crore in the same period last year, […]

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China Slashes Export Tax Rebates on Aluminium, Copper Products; Indian Metal Stocks React

China Slashes Export Tax Rebates on Aluminium, Copper Products; Indian Metal Stocks React

/ Indian Market

China has announced a reduction in export tax rebates for select aluminium, copper products, and other items, effective December 1. The rebate cuts, which drop from 13% to 9% for products such as aluminium pipes, plates, sheets, batteries, and photovoltaics, aim to address trade tensions and align with domestic priorities. This decision has pushed aluminium

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PTC Industries Q2 Profit Surges 112% to ₹17.31 Crore on Strong Revenue Growth

PTC Industries Q2 Profit Surges 112% to ₹17.31 Crore on Strong Revenue Growth

/ Results

PTC Industries reported a significant 112% jump in net profit for the July-September 2024 quarter, reaching ₹17.31 crore, compared to ₹8.14 crore in the same period last year. The company’s robust performance was supported by strong revenue growth and a boost in total income. Revenue from operations climbed 25.84% to ₹72.36 crore, up from ₹57.51

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Trom Industries Q2 Net Profit Doubles, Revenue Nearly Doubles

Trom Industries Q2 Net Profit Doubles, Revenue Nearly Doubles

/ Results

Trom Industries, a Gujarat-based solar projects EPC services provider listed on the NSE SME platform, posted a robust 109% rise in net profit to ₹4.13 crore for the April-September 2024 period. This marks a significant growth compared to ₹1.97 crore in the same period last year, driven by strong order inflows. The company reported a

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Nureca Partners with Zepto for Distribution, Shares Gain 4%

Nureca Partners with Zepto for Distribution, Shares Gain 4%

/ Indian Market

Nureca Ltd, a home healthcare and wellness company, has entered into a distribution agreement with Zepto, India’s quick-commerce platform known for 10-minute deliveries. Through this partnership, Nureca’s products, including healthcare and wellness devices, will now be available to Zepto’s growing customer base across India. While the partnership does not currently meet SEBI’s materiality thresholds, Nureca

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US ETFs Witness Record $913 Billion Inflows in 2024, Setting New Wall Street Milestone

US ETFs Witness Record $913 Billion Inflows in 2024, Setting New Wall Street Milestone

/ Global Market​​

The exchange-traded fund (ETF) market has hit a historic milestone in 2024, with net inflows exceeding $913 billion as of November, marking the largest annual inflows ever recorded. The previous record of $910 billion, set in 2021, has now been surpassed with a month still left in the year, as per Bloomberg Intelligence data. This

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Reliance and Disney Form Joint Venture for Indian Entertainment Market

Reliance and Disney Form Joint Venture for Indian Entertainment Market

/ Indian Market

Reliance Industries Ltd (RIL), Viacom18, and Disney have officially formed a joint venture (JV) for their entertainment businesses in India. The new entity merges the media and JioCinema segments of Viacom18 with Star India, creating a major player in Indian entertainment. The merger, effective as of November 14, received approvals from the NCLT Mumbai, the

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