Indian Market

Maruti Suzuki Q3 Results: Net Profit Rises 16% to Rs 3,727 Crore on Strong Sales Growth

Maruti Suzuki Q3 Results: Net Profit Rises 16% to Rs 3,727 Crore on Strong Sales Growth

/ Indian Market /

Maruti Suzuki India Ltd reported a 16% year-on-year increase in consolidated net profit, reaching Rs 3,727 crore for the third quarter of FY25. This exceeded analysts’ expectations, as a Moneycontrol poll had estimated a net profit of Rs 3,596 crore. The company’s revenue for the quarter stood at Rs 38,764 crore, marking a 16% growth […]

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VA Tech Wabag Shares Gain 6% After Securing Rs 121 Crore Wastewater Treatment Contract in Bahrain

VA Tech Wabag Shares Gain 6% After Securing Rs 121 Crore Wastewater Treatment Contract in Bahrain

/ Indian Market /

Shares of VA Tech Wabag surged 6% in early trade on January 29 after the company secured a Rs 121 crore contract to operate and maintain a wastewater treatment plant in Bahrain for the next seven years. The order, awarded by BAPCO Refining, expands VA Tech’s presence in Bahrain, where it has been managing a

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ITC Hotels to List on NSE, BSE Today; Expected Listing Price and Market Valuation

ITC Hotels to List on NSE, BSE Today; Expected Listing Price and Market Valuation

/ Indian Market /

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

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Cipla Q3 Results: Net Profit Jumps 49% to Rs 1,571 Crore, Beats Market Expectations

Cipla Q3 Results: Net Profit Jumps 49% to Rs 1,571 Crore, Beats Market Expectations

/ Indian Market /

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

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L&T Wins Rs 2,500 Crore Order for Uzbekistan's First AI-Enabled Data Centre

L&T Wins Rs 2,500 Crore Order for Uzbekistan’s First AI-Enabled Data Centre

/ Indian Market /

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

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HeidelbergCement India Shares Jump 10% Amid Reports of UltraTech Cement Acquisition Talks

HeidelbergCement India Shares Jump 10% Amid Reports of UltraTech Cement Acquisition Talks

/ Indian Market /

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

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Adani Wilmar Q3 Results: Net Profit Jumps 104% to Rs 410 Crore, Revenue Grows 31%

Adani Wilmar Q3 Results: Net Profit Jumps 104% to Rs 410 Crore, Revenue Grows 31%

/ Indian Market /

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

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Finance Ministry Invites Applications for SEBI Chairperson Role as Madhabi Puri Buch's Tenure Nears End

Finance Ministry Invites Applications for SEBI Chairperson Role as Madhabi Puri Buch’s Tenure Nears End

/ Indian Market /

The Ministry of Finance has invited applications for the post of Chairperson of the Securities and Exchange Board of India (SEBI). The current SEBI Chairperson, Madhabi Puri Buch, will complete her tenure on February 28, 2025. Eligible candidates must submit their applications by February 17, according to a notice from the Department of Economic Affairs.

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ICICI Bank Reports 15% Rise in Q3 Net Profit to Rs 11,792 Crore

ICICI Bank Reports 15% Rise in Q3 Net Profit to Rs 11,792 Crore

/ Indian Market /

ICICI Bank, India’s second-largest private sector bank, posted a net profit of Rs 11,792 crore in Q3 FY25, marking a 15 percent growth from Rs 10,272 crore in the same quarter last year. Key Financial HighlightsOn a year-on-year basis, the net interest income for the lender rose 9.1 percent to Rs 20,370.6 crore as against

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