Shares of JSW Infrastructure surged 10% on October 29 following a strong Q2 performance, with net profit rising 46% to Rs 372 crore, up from Rs 254.4 crore a year ago. Revenue from operations grew 18% to Rs 1,001.4 crore, driven by increased cargo volumes and a boost in capacity utilization at coal terminals in […]
JSW Infra Soars 10% as Q2 Net Profit Jumps 46% on Strong Cargo Growth Read More »
Shares of Suzlon Energy rose on October 29 after the company reported a significant Q2 profit jump. The wind turbine manufacturer saw a 96% increase in net profit, reaching Rs 201 crore for the quarter ending September 30, 2024, driven by record-breaking order inflow and strong revenue growth. Revenue climbed 48% year-on-year to Rs 2,093
Suzlon Energy Shares Rise as Q2 Profit Soars 96% on Record Orders Read More »
Servotech Power Systems reported impressive Q2 earnings, with consolidated net profit surging over three-fold to Rs 11.24 crore for the September quarter, up from Rs 3.12 crore in the same period last year. This growth was primarily fueled by a significant rise in income, which more than doubled to Rs 200.06 crore from Rs 86.59
Servotech Power Systems’ Q2 Net Profit Jumps Three-Fold, Unveils New Solar Products Read More »
Shares of Ramco Industries surged over 6 percent to Rs 247 on October 29 after a significant transaction where 14.1 million shares, representing 16.2 percent of the company’s equity, exchanged hands in two large block deals, Bloomberg data reported. The trades come as part of a strategic disinvestment plan by Ramco Cements, a promoter of
Ramco Industries Rises 6% Following Major Stake Realignment in Block Deals Read More »
Food delivery giant Swiggy, backed by big investors like Prosus and SoftBank, has set its initial public offering (IPO) price at Rs 390 at the top end of the range, according to a report by Bloomberg. The IPO is scheduled to open for public bidding from November 6 to 8, with the company aiming to
NTPC Green Energy and Avanse Financial Services have received approval from SEBI for their upcoming IPOs, while VMS TMT has decided to withdraw its IPO plans. SEBI issued observation letters for NTPC Green on October 22 and Avanse Financial Services on October 23, allowing them to launch their IPOs within the next year. NTPC Green
Shares of Praj Industries fell nearly 5% on October 28 after the company reported disappointing Q2 results. Net profit for the September quarter declined 14% year-on-year to Rs 53.83 crore, down from Rs 62.37 crore in the same period last fiscal. Revenue also dropped by around 7.5%, reaching Rs 816.19 crore compared to Rs 882.33
Praj Industries Shares Slide 5% Following Disappointing Q2 Earnings Read More »
Ambuja Cements, part of the Adani Group, reported a 42% year-on-year decline in consolidated net profit for Q2 FY25, reaching Rs 456 crore as weak cement prices and sluggish demand weighed on earnings. Although revenue rose slightly by over 1% to Rs 7,516 crore, the company’s profit missed analysts’ expectations. Operating costs saw a 4%
Ambuja Cements’ Q2 Profit Drops 42% to Rs 456 Crore Due to Weak Prices and Demand Read More »
Sun Pharmaceutical Industries reported a 28% year-on-year jump in net profit to Rs 3,040 crore for Q2 FY25, surpassing market expectations. The strong earnings were driven by favorable seasonality and robust sales in the specialty segment. Revenue from operations rose 9% to Rs 13,291 crore, closely aligning with analysts’ estimates. The company’s EBITDA margin expanded
Sun Pharma’s Q2 Profit Surges 28% to Rs 3,040 Crore Read More »
Premium Plast shares began trading on the NSE SME on October 28, listing at Rs 51.45, a modest 5% premium over the IPO price of Rs 49 per share. The subdued debut fell short of grey market expectations, which had indicated an 18% premium based on a grey market premium (GMP) of Rs 9. Admittedly,
Premium Plast Makes Subdued Debut, Lists at 5% Premium on NSE SME Read More »
