On August 1, 2024, Amara Raja Advanced Cell Technologies Private Limited (ARACT), a subsidiary of Amara Raja Energy & Mobility Limited (ARE&M), announced that it will sign a Memorandum of Understanding (MoU) with Ather Energy. This partnership will focus on developing and supplying advanced lithium-ion cells, including Nickel Manganese Cobalt (NMC) and Lithium Iron Phosphate …
On July 31, 2024, IIFL Securities Ltd announced that it had reported significant increases in both revenue and profit for the quarter ending June 30, 2024. IIFL Securities Ltd’s total income increased by 57% year over year to ₹643.8 crore, driven by strong performance across all key business segments. Total brokerage revenue rose by 75% …
On July 31, 2024, PTC Industries Limited, known for producing high-quality and precise metal components for critical and supercritical applications, shared its financial results for the quarter ending 30 June 2024. In Q1 FY2025, PTC Industries Limited reported a total income of ₹505.2 million, down from ₹744.2 million in Q1 FY2024. This decrease is due …
Relaxo Footwears Limited declared its unaudited financial results for the first quarter of FY 2025. Q1 FY 2025 Financial Highlights In the first quarter of FY 2025, the company reported a revenue of ₹748 crore, an increase from ₹739 crore in the same quarter of the previous fiscal year. The EBITDA for Q1 FY25 stood …
IHCL is one of India’s leading hospitality companies. IHCL and its subsidiaries comprise a diversified portfolio across luxury, upscale/upper upscale, and lean luxury/midscale segments. IHCL’s operations are spread across four continents, 12 countries, and over 100 cities. IHCL’s Expansion into Bahrain The Indian Hotels Company (IHCL) announced on Wednesday the signing of two greenfield projects …
On July 31, 2024, Aurionpro Solutions Limited announced a major deal with a top Malaysian bank to modernise its corporate processes. This $3 million deal will be implemented over 15 months. The bank has chosen Integro Technologies, a subsidiary of Aurionpro, to upgrade its loan origination system using SmartLender, an advanced commercial loan solution. This …
On July 31, 2024, Nilkamal Limited announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2024. Standalone Financial Results for Q1FY25 The company reported revenue of ₹729 crore for Q1FY25, down from ₹769 crore in Q1FY24. The plastic business contributed ₹690 crore, while the retail segment ‘@home’ generated ₹39 …
In the past 15 days, several small-cap companies have announced significant strategic partnerships to enhance their market presence and technological capabilities. Oriana Power Ltd Oriana Power Ltd has signed an agreement with US-based Splitwaters for the implementation of providing electrolyzer and other equipment necessary for Green Hydrogen projects. This collaboration aims to reduce the capital …
Suzlon Energy Ltd. has been on a remarkable upward trajectory. On July 31st, its share price surged by 4%, marking its 8 consecutive days of gains. The stock has not only hit a fresh 52-week high but has also surpassed the 12-month price targets set by several brokerages following the company’s impressive June quarter results. …
On July 31, 2024, Fischer Medical Ventures Ltd announced that it has teamed up with Bio Angle Vacs Sdn Bhd to introduce its innovative vaccines to India. These vaccines are designed to lower the death rates in livestock and aquaculture significantly. Fischer Medical Ventures Ltd is investing in and working with Bio Angle Vacs Sdn …
