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Why Brokerages Have Upgraded Hindustan Zinc Despite Fall In Profits?

Why Brokerages Have Upgraded Hindustan Zinc Despite Fall In Profits?

22 April 2024

The Vedanta Group firm, Hindustan Zinc had reported a fall of 21% in net profit this year ending March 2024, On the contrary, several brokerages have been raising target prices on Hindustan Zinc, the Metal Company. Hindustan Zinc’s Q4 Results In its Q4 Results, Hindustan Zinc operated a revenue of Rs.7285 crores which slipped by …

Ultratech Cement’s announced an acquisition of a grinding unit from India Cements

Ultratech Cement’s announced an acquisition of a grinding unit from India Cements

22 April 2024

UltraTech Cement Ltd, the cement flagship company of Aditya Birla Group, is a leading cement manufacturer in India, with a significant presence in the raw materials market. The company manufactures and sells a wide range of cement and cement-related products, catering to various construction needs across the country. The company has shown consistent growth and …

Honasa Consumer’s Brand, The Derma Co., Reaches ₹500 Crore Annual Revenue Milestone

Honasa Consumer’s Brand, The Derma Co., Reaches ₹500 Crore Annual Revenue Milestone

22 April 2024

On April 22, 2024, Honasa Consumer Limited informed in an exchange filing that the company’s brand, The Derma Co., achieved an annual revenue rate of ₹500 crore. The Derma Co., an active ingredient-backed skincare brand, has announced this significant milestone, which highlights Honasa Consumers’ abilities to craft and scale new brands with strategic innovations, delivering …

Reliance Industries To Come With Results: Know What Are the Markets Expecting?

Reliance Industries To Come With Results: Know What Are the Markets Expecting?

22 April 2024

The Fortune 350 Company, The largest private sector company in India is set to report its Q4 results today and will also be declaring the dividend. The stock has given a decent 26% return to its investors, who are eagerly waiting for the earnings of the Conglomerate ahead What are the Markets Expecting? The streets …

Hinduja Global Solutions Launches OneX, A Unified Network Solution

Hinduja Global Solutions Launches OneX, A Unified Network Solution

22 April 2024

On April 22, 2024, Hinduja Global Solutions Limited informed the stock exchanges about the launch of OneX – a unified network-as-a-service solution covering network management, security, and LAN-side control. OneX was launched by CelerityX, the enterprise networking solutions business of OneOTT Intertainment Ltd (OIL), a subsidiary of Hinduja Global Solutions Limited. OneOTT Intertainment Limited is …

REC Ltd Incorporates Bhadla-III Power Transmission Limited as Wholly Owned Subsidiary

REC Ltd Incorporates Bhadla-III Power Transmission Limited as Wholly Owned Subsidiary

22 April 2024

On April 20, 2024, REC Ltd informed the stock exchanges that the company had incorporated a new subsidiary company in the power sector. Details of the Wholly Owned Subsidiary REC Ltd stated in a stock exchange filing that Bhadla-III Power Transmission Limited had been incorporated as a wholly owned subsidiary of REC Power Development & …

Sona BLW Precision Forgings Ltd Expands with New Plant in Mexico

Sona BLW Precision Forgings Ltd Expands with New Plant in Mexico

22 April 2024

Sona BLW Precision Forgings Ltd (Sona Comstar) informed in an exchange filing that the company had launched a manufacturing facility in Mexico on April 20, 2024. Details of the New Manufacturing Plant One of the leading global providers of automotive technology solutions, Sona BLW Precision Forgings Ltd, announced the inauguration of its new manufacturing plant …

Hero MotoCorp and CG Motors Inaugurates Product Assembly Facility in Nepal

Hero MotoCorp and CG Motors Inaugurates Product Assembly Facility in Nepal

22 April 2024

On April 21, 2024, Hero MotoCorp informed in an exchange filing about the expansion strategies of the company and inaugurated an assembly plant in collaboration with CG Motors. Details of the Collaboration and Expansion Plans  Strengthening its presence in Nepal, the largest motorcycle and scooter manufacturer in the world, Hero MotoCorp, in partnership with its …

Zomato Hikes Platform Fees: How Does Zomato’s Path of Profitability Look Like?

Zomato Hikes Platform Fees: How Does Zomato’s Path of Profitability Look Like?

22 April 2024

Zomato is an online food delivery platform which provides services like food delivery, loyalty programs and dine-out. They also launched their first international subsidiary in Dubai in 2012 and are now spread across 24 countries, some direct and others indirect. The company in the past 3 years has shown a good revenue growth of 26.30%. …

Keep an Eye on Trent: A Stock to Watch This Monday

Keep an Eye on Trent: A Stock to Watch This Monday

22 April 2024

The NSE benchmark Nifty 50 index staged a remarkable turnaround, recovering over 300 points from Friday’s low and closing above 22,100. This rebound is a welcome relief for investors who had been concerned about recent market volatility. The daily chart showed a sizable bullish candle resembling a piercing line candlestick pattern, indicating strong buying momentum. …

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