Business Overview International Conveyors Limited (ICL) specialises in manufacturing and promoting fire retardant, anti-static conveyor belting made from solid woven fabric and reinforced with polyvinyl chloride (PVC) impregnation and covering. It operates in three primary business segments that are Conveyor Belting, Wind Energy, and Trading Goods. The Conveyor Belting segment focuses on producing and selling …
ICICI Bank Ltd reported unaudited robust financial results for the quarter that ended on June 2023 or Q1FY24. Talking about the financials for Q1FY24 in comparison to the same quarter last year, the bank’s net profit for the first quarter which ended on June 30, 2023 increased by 44.03% to Rs 10636.12 crore from Rs …
EXHICON Group has emerged as the sole organization in Asia offering a comprehensive range of products and services for the Trade Fairs and Events Sector. Its diverse portfolio spans from Media to Integrated Marketing Solutions, Temporary to Permanent Event Infrastructure, and Management to Organizing. Over the years, the Group has successfully diversified into various sectors, …
ITC on Monday said that its board has approved the demerger of its hotels business. During its meeting, the Board of Directors thoroughly assessed and deliberated on different potential arrangements for the Hotels Business. After careful consideration, the Board granted its preliminary approval for the demerger of the Hotels Business through a scheme of arrangement. …
For the fourth quarter that ended in March, standalone net profit increased by 30% year over year to Rs 279 crore. In the same period the previous year, the company reported a net profit of Rs 214 crore. For the March quarter, operating revenue increased 40% year over year to Rs 965 crore. In the …
Two extreme situations can happen in the stock market. When the market is influenced by excessive optimism or pessimism, market regulators impose circuits as a measure to regulate the market. Many new traders watch in exasperation when the market hits the circuit and trading halts, not knowing the fate of their investment. If you are …
On Friday, the benchmark indices were trading lower with Sensex down around 726 points or 1.08% at 66,846 and the Nifty-50 down around 199 points or 1% at 19,781. About 1,519 shares have advanced, 1,612 declined, and 141 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …
The stock market is a thrilling arena where fortunes can change in an instant. And with June 21 just around the corner, it’s time to set your sights on some captivating small-cap stocks that are poised to make waves. But before we dive into these exciting prospects, let’s take a look at the electrifying events …
SJVN Limited through its wholly-owned Subsidiary i.e., SJVN Green Energy (SGEL), has received the letter of Intent (LoI) from Punjab State Power Corporation (PSPCL) on July 21, 2023 for procurement of 1200 MW Solar Power. SGEL will develop a 1000 MW project anywhere in the country and balance 200 MW in the state of Punjab …
The Sensex and Nifty achieved record-breaking highs, closing with gains of 1.14% and 1.26%, respectively. During Friday’s trading session, specific sectors stood out prominently. Notably, Nifty IT, Nifty Auto, and Nifty PSU Bank emerged as the top performers, each experiencing gains exceeding 2%. Over the course of the week, the Nifty Pharma and Nifty Auto …
