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Colgate’s Q1 FY25 Results Show 33% Increase in Net Profit

30 July 2024

Colgate-Palmolive (India) Limited is a subsidiary of Colgate-Palmolive Company, an American multinational consumer products company headquartered in the USA. The company is India’s leading provider of scientifically proven oral care products. The range includes toothpastes, toothpowder, toothbrushes, and mouthwashes under the Colgate brand, as well as a specialized range of dental therapies under the banner …

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RITES Partners with NHAI for Highway and Bridge Consultancy

30 July 2024

RITES Ltd, an enterprise under the Ministry of Railways, announced on Monday a strategic partnership with the National Highways Authority of India (NHAI). This collaboration aims to deliver comprehensive consultancy services for NHAI projects, specifically focusing on highways, bridges, tunnels, and road safety audits. Comprehensive Consultancy Services In a recent exchange filing, RITES highlighted the …

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Tata Power Solar Partners with Bank of India for Rooftop Solar and EV Charging Station Financing

26 July 2024

On July 26, 2024, Tata Power Company Ltd announced via a stock exchange filing that its subsidiary Tata Power Solar Systems Limited (TPSSL)  has teamed up with the Bank of India (BOI) to offer financing for rooftop solar installations and electric vehicle (EV) charging stations. This collaboration makes TPSSL the first solar company to partner …

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A Closer Look at the Midcap Underachievers

26 July 2024

The Nifty Midcap 100 index has had an impressive run, delivering about a 55% return in the past year. However, not all midcap stocks have shared in this success. Some have significantly underperformed the benchmark, earning them the dubious title of “wealth destroyers.” Let’s take a closer look at the top five midcap stocks that …

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Trident Limited’s Q1FY25 Standalone Income Climbs 18.36% YoY to ₹1,749.6 Crore

26 July 2024

On July 26, 2024, Trident Limited announced its Earnings for the first quarter ended June 30, 2024.  Financial Performance  The company’s standalone total income for Q1FY25 reached ₹1,749.6 crore, marking an 18.36% increase compared to the same quarter last year and a 2.94% rise from the previous quarter. The standalone Earnings Before Income, Depreciation, Tax, …

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Max Financial Services on Verge of Multi-Month Breakout: Watch Out

26 July 2024

Overview of Max Financial Services Ltd Max Financial Services Ltd is a prominent entity within the Max Group, with a significant stake in Max Life Insurance Company Limited. This joint venture with Axis Bank Limited offers comprehensive protection and long-term savings life insurance solutions. Max Life Insurance distributes its products through a multi-channel approach, including …

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Best Waste Management and Recycling Companies: Key Metrics and Business Focus

26 July 2024

Waste management and recycling companies play a crucial role in promoting environmental sustainability by efficiently managing and repurposing waste materials. In recent years, these companies have garnered attention, driven by increasing urbanisation, environmental consciousness, and stricter regulations from investors and stakeholders alike due to their contribution to mitigating environmental concerns and their potential for financial …

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PC Jeweller Ltd.’s Stock Hit Back-To-Back Upper Circuits And 52-Week Highs

26 July 2024

PC Jeweller Ltd shares experienced a significant surge today, hitting their 52-week high of Rs 85.83, representing a 5% upper circuit from the previous closing price of Rs 81.75. This upward trend has been consistent, with the stock repeatedly reaching upper circuit limits and new 52-week highs in recent trading sessions, accompanied by heavy trading …

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Equitas Small Finance Bank Reports Strong Q1 FY25 Growth Despite PAT Decline

26 July 2024

On July 26, 2024, Equitas Small Finance Bank Limited announced the unaudited financial results for the quarter ending June 30, 2024.  The bank reported a net income of ₹994 crore for Q1 FY25, reflecting an 11% year-on-year growth. Its Pre-Provision Operating Profit (PPOP) stood at ₹340 crore, showing a 9% year-on-year increase. Deposits grew by …

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Exicom Tele-Systems Incorporates New Subsidiary

26 July 2024

On July 25, 2024, Exicom Tele-Systems Limited announced via a stock exchange filing that it had incorporated a wholly-owned subsidiary, “Exicom NexGen Power B.V.,” in the Netherlands. Exicom Tele-Systems Limited has acquired 100% shareholding in Exicom NexGen Power B.V. Exicom NexGen Power B.V. has been established to engage in various business activities, including the manufacturing, …

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