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 […]
Trom Industries Q2 Net Profit Doubles, Revenue Nearly Doubles Read More »
Narmada Agrobase Ltd reported a significant increase in net profit for the July-September quarter of FY25, supported by lower operating costs. The company posted a net profit of ₹1.29 crore, a notable rise from the same period last year. Revenue from operations stood at ₹10.24 crore, slightly down from ₹11.40 crore in Q2 FY24. However,
Narmada Agrobase Q2 Profit Jumps Amid Reduced Expenses Read More »
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
Nureca Partners with Zepto for Distribution, Shares Gain 4% Read More »
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
US ETFs Witness Record $913 Billion Inflows in 2024, Setting New Wall Street Milestone Read More »
Sky Gold Ltd reported a five-fold rise in its net profit for the September 2024 quarter, driven by robust revenue growth. The company’s net profit surged to ₹36.7 crore, up from ₹7.3 crore in the same period last fiscal. Total revenue almost doubled, rising by 94.2% year-on-year to ₹768.8 crore, compared to ₹396 crore in
Sky Gold Q2 Net Profit Jumps Five-Fold on Strong Sales Growth Read More »
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
Reliance and Disney Form Joint Venture for Indian Entertainment Market Read More »
Hindustan Aeronautics Ltd (HAL) reported a strong Q2 performance, with consolidated net profit rising 22.14% year-on-year to Rs 1,510.49 crore for the quarter ending September 2024. This compares to a net profit of Rs 1,236.67 crore in the same period last year. HAL’s total revenue increased by 6% to Rs 5,976.3 crore, up from Rs
HAL Q2 Net Profit Surges 22% to Rs 1,510 Crore, Stock Gains Over 2% Read More »
Agro Tech Foods, supported by private equity firm Samara Capital, is set to acquire Del Monte Foods Pvt Ltd—a joint venture between Bharti Enterprises and Del Monte Pacific—in a transaction valuing the company at over Rs 1,300 crore. This acquisition will be structured as a preferential share allotment, enabling Agro Tech to issue 1.33 crore
Agro Tech Foods to Acquire Del Monte Foods in Rs 1,300 Crore Deal Read More »
Shares of National Aluminium Company (NALCO) rose in early trade on November 14, following the company’s impressive quarterly earnings report. The state-owned metals giant posted a massive five-fold increase in net profit for the quarter ending September, reaching Rs 1,062.2 crore—a 415.4% surge compared to Rs 206.3 crore in the same period last year. NALCO’s
NALCO Shares Climb as Net Profit Jumps Five-Fold in Q2 Read More »
Shares of Varun Beverages surged 5% on November 14 after news of its plan to raise up to Rs 7,500 crore through a Qualified Institutional Placement (QIP). The company received board approval for this fundraising back in October, and the base deal size is set at Rs 5,500 crore, with an option to increase by
Varun Beverages Stock Rises 5% Following Rs 7,500 Crore Fundraising Plan (QIP) Read More »
