Nestlé India’s net profit for Q2 FY25 dropped slightly to ₹899 crore from ₹908 crore a year ago. Revenue increased by 1.3% to ₹5,104 crore, compared to ₹5,037 crore in the same period last year. The company faced high commodity prices, particularly in coffee and cocoa, impacting key brands. Despite this, five of the top […]
Nestlé India Q2 FY25 Results: Net Profit Dips to ₹899 Crore, Revenue Up 1.3% Read More »
Hyundai Motor India Ltd’s (HMIL) Rs 27,870 crore initial public offering (IPO) saw a twofold subscription on its last day of bidding, Thursday. As of 2 PM, NSE data showed bids for 19.96 crore shares against 9.98 crore shares on offer. The Qualified Institutional Buyers (QIBs) category drove demand, with 5.93 times subscription, while Retail
Deepak Builders & Engineers India IPO Price: ₹192 to ₹203 per shareIPO Dates: 21 October – 23 October 2024 Company Overview Deepak Builders & Engineers India Limited, established in September 2017, is a dynamic and growing engineering and construction company headquartered in Punjab. The company has rapidly built a reputation for delivering a wide range
Akums Drugs and Pharmaceuticals announced on Wednesday that it has signed a licensing agreement with Canada-based Triple Hair Inc. Under the agreement, Akums has been granted exclusive rights to further develop and market Triple Hair’s recently innovated products in India. The company will then go ahead with development and commercialization upon receipt of the required
Shares of Railtel Corporation of India surged 10 percent to Rs 449 on October 16 after the company secured a Rs 79.8 crore order from the Maharashtra Housing And Area Development Authority (MHADA). The contract involves establishing, migrating, and managing cloud-based data centers and disaster recovery sites for MHADA. The company’s stock had declined by
Railtel Shares Surge 10% Following Rs 80 Crore Order from MHADA Read More »
Rail Vikas Nigam Ltd (RVNL) shares are in the spotlight on October 17, following the company’s successful bid for a Rs 270 crore project from Maharashtra Metro Rail Corporation. The contract entails constructing 10 elevated metro stations within a 30-month timeframe from the contract award date. The project includes seven elevated stations in Reach 3A—Hingna
RVNL Shares in Focus After Securing Rs 270 Crore Metro Rail Project Read More »
Ircon International’s stock is drawing attention as the company signed a Memorandum of Understanding (MoU) with Patel Engineering Limited. The partnership aims to collaborate on and jointly execute infrastructure projects in India and overseas. The agreement is set to enhance both companies’ business prospects by exploring new infrastructure opportunities. Additionally, the stock is in focus
Ircon International signed MoU with Patel Engineering for Infrastructure Projects Read More »
Waaree Energies IPO Price: ₹1,427 to ₹1,503 per shareIPO Dates: 21 October – 23 October 2024 Company Overview Waaree Energies Limited is India’s largest manufacturer of solar PV modules, established in 1990. Originally incorporated as ‘Anmol Fluid Connectors Pvt. Ltd’ in Mumbai, the company has undergone several name changes, becoming ‘Waaree Energies Pvt. Ltd’ in
Review of Waaree Energies Limited IPO: Lot Size, Check Issue Date, Price Read More »
KBC Global, a construction and infrastructure company, has announced plans to raise up to Rs 100 crore through an equity share issue to reduce its debt burden. The company’s board is set to meet later today to consider and approve the fundraising proposal, which may involve methods such as preferential allotment or issuing warrants, according
KBC Global to Raise Rs 100 Crore for Debt Reduction, Plans Equity Share Issue Read More »
Akums Drugs and Pharmaceuticals announced on October 16 that it has entered into a licensing agreement with Canadian company Triple Hair Inc. The deal grants Akums exclusive rights to further develop and market Triple Hair’s recently innovated products in India, as stated in a regulatory filing. Under the said agreement, Akums would be undertakings development
Akums Drugs Signs Licensing Agreement with Canadian Firm Triple Hair Inc. Read More »
