India stands as the world’s leading supplier of generic medicines, well-known for producing cost-effective vaccines and pharmaceutical products. Ranking third globally in terms of production volume, the Indian pharmaceutical sector has achieved a compound annual growth rate (CAGR) of 9.43% over the past 9 years. It also boasts the highest number of USFDA-approved manufacturing facilities …
APL Apollo Tubes’ share price was up 2.47% and closed at ₹1,653.90. The company delivered an impressive financial performance for the quarter ending March 2025, with net profit rising 72% year-on-year (YoY) to ₹293 crore, compared to ₹170.4 crore in the same quarter last year. This was driven by higher sales volumes and improved operational …
Gensol Engineering, a renewable energy and electric mobility firm, has been denied interim relief by the Securities Appellate Tribunal (SAT) in a high-stakes case involving alleged fund diversion and document forgery. The case stems from a SEBI order issued last month, which barred Gensol, its promoters, and directors from the securities market. As per news …
Bharat Petroleum Corporation Ltd. (BPCL), a state-run oil company, has awarded contracts for wind energy projects totalling 100 megawatts (MW). The projects have been given to Suzlon Energy Ltd and Integrum Energy Infrastructure Ltd as part of BPCL’s goal to move towards green energy. Project Details and Locations BPCL shared the update on its official …
PNB’s share price dipped 0.50% to close at ₹94.00 on Wednesday. The company has reported a strong financial performance for the quarter and fiscal year ending March 31, 2025. The bank has posted a net profit of ₹4,567 crore in Q4 FY25, up 51.7% from ₹3,010 crore in the same quarter last year. For the …
Housing and Urban Development Corporation (HUDCO) announced its financial results for the fourth quarter of FY25, showing steady growth in profit and income. The company also declared a final dividend and revealed plans to raise funds through bonds. Net Profit and Revenue Performance In Q4 FY25, HUDCO posted a net profit of ₹727.74 crore, which …
Despite rising tensions between India and Pakistan, foreign investors are showing strong confidence in Indian markets. For the 14th straight trading session, Foreign Portfolio Investors (FPIs) have remained net buyers, investing a total of ₹43,940 crore in Indian equities. This buying streak, the longest in the past two years, is giving a major boost to …
As India strengthens its focus on technological advancement and self-reliance in defence, the domestic drone industry continues to see strong momentum. The Ministry of Electronics and IT, along with Drone Federation of India, launched the NIDAR challenge under the SwaYaan program to promote research and skill development. With applications ranging from military to logistics and …
Aditya Ultra Steel Limited (AUSL), a manufacturer of TMT bars under the Kamdhenu brand, has taken a significant step towards sustainable operations. At its board meeting held on 29th April 2025, the company approved a resolution to lease land for the installation of a 5000 KWP (5 MW) solar captive power plant. This development underscores …
Auto stocks, including Tata Motors, Eicher Motors, and TVS Motor Company, are witnessing strong buying interest in Wednesday’s trading session, buoyed by positive sentiment following the recently concluded India-UK Free Trade Agreement (FTA). Tata Motors is leading the gains, with Bharat Forge, Ashok Leyland, TVS Motor Company, and MRF also trading higher. Nearly two-thirds of the Nifty Auto index constituents—around …
