Author name: Lisl News Desk

News Desk

Enviro Infra Engineers IPO

Review of Enviro Infra Engineers Limited IPO: Lot Size, Check Issue Date, Price

/ IPO News /

Enviro Infra Engineers IPO Price: ₹140 to ₹148 per shareIPO Dates: 22 November 2024 – 26 November 2024 Company Overview Enviro Infra Engineers Limited, founded in 2009, focuses on designing, constructing, operating, and maintaining water and wastewater treatment plants (WWTPs) and water supply projects (WSSPs) for government bodies. WWTPs include sewage treatment plants (STPs), sewerage […]

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Muthoot Finance Shares Jump 7% as AUM Crosses ₹1 Lakh Crore Amid Gold Loan Surge

Muthoot Finance Shares Jump 7% as AUM Crosses ₹1 Lakh Crore Amid Gold Loan Surge

/ Indian Market /

Shares of Muthoot Finance surged nearly 8% on November 18, driven by robust quarterly performance, a significant milestone of crossing ₹1 lakh crore in Assets Under Management (AUM), and strong growth in gold loans. The demand for gold loans has picked up, partly due to the Reserve Bank of India’s (RBI) tightened regulations on unsecured

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Crompton Greaves Shares Rise 7% on Strong Q2 Earnings Growth

Crompton Greaves Shares Rise 7% on Strong Q2 Earnings Growth

/ Indian Market /

Shares of Crompton Greaves Consumer Electrical surged 7% after the company reported a strong financial performance for the July-September quarter of FY25. At 1:40 PM, the stock was trading 4% higher at ₹385. On a year-to-date basis, Crompton Greaves shares have gained 23%, outperforming the Nifty 50 index, which has risen by 8% during the

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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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Narmada Agrobase Q2 Profit Jumps Amid Reduced Expenses

Narmada Agrobase Q2 Profit Jumps Amid Reduced Expenses

/ Results /

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,

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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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