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Capacit’e Infraprojects Released Q4 FY2024 Earnings: Revenue Soared 34% YoY

Capacit’e Infraprojects Released Q4 FY2024 Earnings: Revenue Soared 34% YoY

29 May 2024

On May 29, 2024, Capacit’e Infraprojects Limited, one of the fastest-growing construction companies, released its results for the quarter (Q4 FY2024) and year (FY2024) ended March 31, 2024. Quarterly Performance During the quarter, the revenue from operations rose 34% to ₹599 crore compared to ₹447 crore in Q4 FY24. EBITDA increased by 41% to ₹121 …

Kotak and Two Other Mutual Funds Bought 22 Lakh Shares of Prudent Corporate Advisory

Kotak and Two Other Mutual Funds Bought 22 Lakh Shares of Prudent Corporate Advisory

29 May 2024

The NSE benchmark Nifty 50 index ended Tuesday’s session in the red, marking its third consecutive day of decline, closing below the 22,900 mark. The broader market indices experienced a sharp sell-off. Notably, one stock from the broader markets, Prudent Corporate Advisory Services, saw significant action in terms of bulk deals. Prudent Corporate Advisory Services …

Share Market Pre Open Updates – May 29, 2024

Share Market Pre Open Updates – May 29, 2024

29 May 2024

On May 28, 2024, the Nifty 50 declined 0.19% and closed at 22,888, and the Sensex dropped 0.29%, closing at 75,170.  Top Gainers and Losers On the sectoral front, Nifty Pharma, Nifty Healthcare Index, Nifty Financial Services 25/50, and Nifty Media ended in the green. Meanwhile, Nifty Realty, Nifty PSU Bank, Nifty Oil & Gas, …

Adani Group Set to Join UPI and ONDC Networks with ‘Adani One’ App

Adani Group Set to Join UPI and ONDC Networks with ‘Adani One’ App

28 May 2024

Adani Group is an Indian multinational conglomerate, headquartered in Ahmedabad. Founded by Gautam Adani in 1988 as a commodity trading business, the Group’s businesses include sea and airport management, electricity generation and transmission, mining, natural gas, food, weapons, and infrastructure. The conglomerate is now planning to enter India’s digital payment and E-commerce spaces. Adani to …

Ultratech Cement plans to acquire a 31.6% stake in UAE-based RAK Cement

Ultratech Cement plans to acquire a 31.6% stake in UAE-based RAK Cement

28 May 2024

Aditya Birla Group’s UltraTech Cement announced its intention to acquire a 31.6% stake in RAK Cement Co, a UAE-based company for White Cement and Construction Materials. This acquisition will be executed through UltraTech Cement Middle East Investments Ltd (UCMEIL), a wholly-owned subsidiary of UltraTech Cement in the UAE. RAK Cement  RAKWCT was established in September …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

28 May 2024

During Tuesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Ashima Ltd Ashima Ltd surged to a high of Rs 33.95 with a significant traded volume of 21,343,411 shares. It is currently trading at Rs 33.5, up from the previous close of Rs …

HLE Glascoat Ltd Reported 2.9% Revenue Growth in FY 2024

HLE Glascoat Ltd Reported 2.9% Revenue Growth in FY 2024

28 May 2024

On May 28 2024, HLE Glascoat Limited, a company specialising in producing chemical process equipment, filtration, drying, heat transfer, and glass-lined equipment, disclosed its audited financial outcomes for the quarter and fiscal year ending March 31, 2024. In the fourth quarter of the fiscal year 2023-24, HLE Glascoat Limited reported revenue from operations amounting to …

J.Kumar Infraprojects Limited Unveils Q4 and FY 2024 Financial Performance

J.Kumar Infraprojects Limited Unveils Q4 and FY 2024 Financial Performance

28 May 2024

On May 28 2024, J. Kumar Infraprojects Limited (JKIL), a specialised EPC firm with expertise in constructing urban infrastructure projects such as metros, elevated corridors/flyovers, roads, and road tunnels, revealed its audited financial outcomes for the quarter and fiscal year concluding on March 31, 2024. During Q4 FY2024, J. Kumar Infraprojects Limited witnessed growth across …

Dreamfolks Services Reports 47% Revenue Growth for FY 2024

Dreamfolks Services Reports 47% Revenue Growth for FY 2024

28 May 2024

On May 28, 2024, Dreamfolks Services Limited announced their financial results for FY 2024 and the quarter ended March 2024. In FY 2024, Dreamfolks Services Limited reported revenue of ₹11,350 million, registering a 47% growth. The company declared a final dividend of ₹1.5 per share, bringing the total dividend to 100% of the Face Value. …

Rajoo Engineers Expands into Solar Energy Sector with Formation of Shrutina Nexgen Solar LLP

Rajoo Engineers Expands into Solar Energy Sector with Formation of Shrutina Nexgen Solar LLP

28 May 2024

On May 27, 2024, Rajoo Engineers Limited informed the exchanges that on May 26, the company and its group entities established Shrutina Nexgen Solar LLP, registered with the Registrar of Companies in Gujarat, as a collaborative venture involving multiple entities. Rajoo Engineers Limited holds a 7% stake in the Shrutina Nexgen Solar LLP. In contrast, …

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