PTC India Limited has announced a remarkable 58.2% year-on-year (YoY) increase in its net profit for the October-December quarter of FY25, reaching ₹176.4 crore, compared to ₹111.5 crore in the same period last year. This performance highlights the company’s resilience despite minimal change in revenue. PTC India’s Q3FY25 Performance The company’s revenue for the quarter …
Suven Pharmaceuticals Ltd announced a significant 77.1% year-on-year (YoY) increase in net profit for the third quarter of FY25, reporting ₹82.9 crore compared to ₹46.8 crore in the same period last year. Revenue from operations also saw a strong rise, jumping 39.8% YoY to ₹307.2 crore from ₹219.8 crore in Q3FY24. EBITDA and Margins See …
Adani Green Energy Ltd. has decided to withdraw from its $1 billion wind power project in Sri Lanka. The decision comes despite securing most necessary approvals, with the company citing delays, unresolved environmental clearances, and a pending Supreme Court case as reasons for stepping away. Project Details and Investment The project was planned to set …
Shilpa Medicare Limited has announced the approval of its Investigational New Drug (IND), Nor-Ursodeoxycholic Acid (Nor-UDCA) Tablets (500 mg), by the Subject Expert Committee (SEC) of the Central Drugs Standard Control Organisation (CDSCO). The SEC has also recommended granting marketing approval for this drug, specifically for treating Non-Alcoholic Fatty Liver Disease (NAFLD). This condition affects …
Spright Agro Limited, formerly known as Tine Agro Limited, has firmly denied recent allegations of speculative trading and insider trading. The company, in an official statement, has condemned these accusations as misleading and damaging to its hard-earned reputation. Over the past few days, certain individuals and media outlets have circulated unverified reports suggesting Spright Agro’s …
Shriram Finance Limited (SFL) has raised a groundbreaking $500 million loan through SACE, Italy’s export credit agency, marking a significant milestone for Indian NBFCs. The 10-year facility is aimed at financing Italian vehicles under SFL’s Social Finance Framework, highlighting the company’s global fundraising success. Loan Details On February 13, 2025, Shriram Finance Limited (SFL) announced …
Reliance Industries (RIL) has set up a wholly owned subsidiary, REC Sustainable Energy Solutions Pte. Ltd, in Singapore to bolster R&D and new energy projects, the company said in a press release on the stock exchanges. Details on Reliance’s New Subsidiary Reliance Industries Limited (RIL) has announced the establishment of REC Sustainable Energy Solutions Pte. …
Steel Authority of India Limited (NSE: SAIL) shares are trading at ₹109.74 at 10:15 AM, showing an increase of ₹3.99 or 3.77% from the previous close of ₹105.75. The stock opened at ₹105.38 and reached a high of ₹110.00, while the low for the day was ₹104.95. This recovery comes after the stock ended two consecutive …
Redington Ltd, a leading distributor and provider of supply chain management solutions for IT and consumer products, saw its share price reach a fresh 52-week high of ₹246.80 on the National Stock Exchange (NSE) on February 13, 2025. At 1:46 PM, the stock was trading up by 4.09% at ₹238.41, marking a 15% gain in …
Bharat Forge forms strategic partnerships with Liebherr to set up a cutting-edge aerospace manufacturing facility and with VEDA Aeronautics to develop unmanned systems for India’s defence sector, enhancing national self-reliance. Bharat Forge Partners with Liebherr for Aerospace Facility in Pune Bharat Forge Ltd has announced two significant collaborations to strengthen its aerospace and defence portfolio. …
