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 »
ITC Hotels, the demerged hotels arm of ITC Ltd., will make its stock market debut today on NSE and BSE. The listing follows ITC’s decision to spin off its hotel business into a separate entity to unlock value for shareholders. Accordingly, for every 10 shares of ITC as on January 6, 2025, investors have got
ITC Hotels to List on NSE, BSE Today; Expected Listing Price and Market Valuation Read More »
Suzlon Energy reported a remarkable performance for the quarter ending December 31, with its net profit jumping 91% year-on-year to Rs 387 crore. In the same quarter last year, the company had recorded a net profit of Rs 203 crore. Its revenue from operations, too, increased two folds to Rs 2,969 crore in Q3 FY25
TVS Motor Company reported a strong performance for Q3 FY25, with its net profit rising by 4.2% year-on-year to Rs 618 crore, supported by higher sales volumes and operational efficiency. Revenue from operations increased 10% YoY to Rs 9,097 crore from Rs 8,245 crore in the corresponding quarter of last year, driven by sustained demand
TVS Motor Q3 Results: Net Profit Climbs to Rs 618 Crore, Revenue Grows 10% YoY Read More »
Cipla, one of India’s leading pharmaceutical companies, reported a 49% rise in its consolidated net profit for Q3 FY25, reaching Rs 1,571 crore. This is a significant jump compared to Rs 1,056 crore in the same quarter last year and also surpasses market estimates of Rs 1,225 crore as polled by Moneycontrol. It reported the
Cipla Q3 Results: Net Profit Jumps 49% to Rs 1,571 Crore, Beats Market Expectations Read More »
Larsen & Toubro (L&T) has bagged a significant order, valued up to Rs 2,500 crore, to build Uzbekistan’s first AI-enabled and sustainable 10-Megawatt data centre in Tashkent, the company announced on January 28. The project will be executed through the engineering, procurement, and construction (EPC) model. This data centre, in addition to state-of-the-art artificial intelligence
L&T Wins Rs 2,500 Crore Order for Uzbekistan’s First AI-Enabled Data Centre Read More »
Adani Total Gas reported a 19% drop in its consolidated net profit for the third quarter of FY25, standing at Rs 142.38 crore, compared to Rs 176.64 crore in the same period last year. On a sequential basis, the profit declined by 23.28% from Rs 185.60 crore in the September quarter. Shares of Adani Total
Adani Total Gas Shares Fall as Q3 Net Profit Declines by 19% to Rs 142 Crore Read More »
Canara Bank posted a 12.25% growth in standalone net profit at Rs 4,104.20 crore for the October-December quarter of FY25, compared to Rs 3,656.12 crore in the same period last year. The bank’s total income increased to Rs 36,113.77 crore, up from Rs 32,333.93 crore in Q3 FY24, as per its regulatory filing. While the
Canara Bank Q3 Results: Net Profit Rises 12% to Rs 4,104 Crore Despite Drop in NII Read More »
Shares of HeidelbergCement India surged as much as 10% on January 27, 2025, following reports that UltraTech Cement, part of the Aditya Birla Group, is in advanced discussions to acquire the German cement giant’s Indian-listed business. After touching the intraday high of Rs 242.50 per share, the stock was trading 5.5 percent up at Rs
Adani Wilmar Ltd reported an exceptional performance for the third quarter of FY25, with its net profit more than doubling to Rs 410 crore, a 104% increase compared to Rs 201 crore in the same period last year. The company’s revenue for the quarter surged 31% year-on-year to Rs 16,859 crore, compared to Rs 12,828
Adani Wilmar Q3 Results: Net Profit Jumps 104% to Rs 410 Crore, Revenue Grows 31% Read More »
