On July 24, 2024, Aditya Birla Sun Life AMC Limited (ABSLAMC) released its unaudited financial results for the quarter that ended on June 30, 2024. Business Highlights In the quarter ending June 30, 2024, Aditya Birla Sun Life AMC Limited (ABSLAMC) saw significant growth in its business. The total assets under management, including alternative assets, …
CMS Info Systems Limited, India’s leading business services company specialising in banking logistics and technology services, has announced its financial results for Q1 FY25. In Q1 FY 2025, the company reported a revenue of ₹599 crore, reflecting a 17% year-over-year growth. Adjusted EBITDA stood at ₹164 crore, marking an 8% year-over-year growth, while adjusted PAT …
Nestlé India Limited has announced a significant development in its strategic partnership with Dr Reddy’s Laboratories Limited (DRL) through a recent stock exchange filing. Following up on their previous communication dated April 25, 2024, the company has disclosed that it has acquired 49,000 equity shares, each with a nominal value of ₹10, in the newly …
PDS Limited, a global fashion solutions and infrastructure company, has reported its financial results for Q1 FY25, showcasing a robust start to the fiscal year with a notable 28% increase in Gross Merchandise Value (GMV). The GMV for Q1 FY25 stood at ₹3,898 crore, up from ₹3,043 crore in Q1 FY24. The company’s order book …
ITC Ltd has announced a strategic expansion in its global operations through a recent stock exchange filing. ITC Infotech India Limited (I3L), a wholly owned subsidiary of ITC Ltd, has established a new wholly owned subsidiary in Italy named ITC Infotech Italia s.r.l. (Infotech Italy). The incorporation of Infotech Italy was officially completed on July …
CG Power and Industrial Solutions Limited announced in a stock exchange filing that it has entered into definitive agreements to acquire a 55% stake in G.G.Tronics India Private Limited (GGT) for up to ₹319.38 crore. The acquisition is expected to be completed on or before August 23, 2024. With over 86 years of history, CG …
On July 24, 2024, Motherson Sumi Systems Limited announced via a stock exchange filing that it had acquired Samvardhana Motherson Advanced Innovations Limited, incorporated under Samvardhana Motherson Innovative Solutions Limited (SMISL). SMISL, a wholly owned subsidiary of Samvardhana Motherson International Limited, will hold the entire share capital (100%) of the newly acquired entity, including shares …
On July 24, 2024, Hindustan Zinc Limited, India’s largest and the world’s second-largest integrated zinc producer, launched EcoZen, its low-carbon ‘green’ zinc brand. Recognised as the world’s most sustainable metals and mining company by S&P Global CSA, Hindustan Zinc has introduced Asia’s first low-carbon zinc product for customers globally. Sustainability and Certification of EcoZen EcoZen …
Sunita Tools Limited Hits Fresh 52-Week High Sunita Tools Limited (BSE: 544001) has made significant strides in the market, reaching a new 52-week high. On July 25, 2024, shares of Sunita Tools Limited were locked at the upper circuit limit of 5%, closing at Rs 852.60. This notable increase in stock price follows the company’s …
Welspun Corp has recently announced a significant order from the Middle East for the supply of LSAW pipes and bends, both bare and coated. This new order adds to the company’s growing portfolio, pushing the cumulative value of line pipe orders received in India and the US to an impressive Rs 1,202 crore since their …
