Delta Corp Ltd., an entertainment and gaming company, reported a 67.6% decline in its consolidated net profit for Q1FY25. The net profit for the April-June quarter stood at Rs.21.68 crore, a sharp decrease from Rs.67.9 crore recorded in Q1FY24 which highlights the challenging environment the company faced during this period. Revenue Decline Delta Corp’’s revenue …
Adani Ports & Special Economic Zone is in the business of development, operations, and maintenance of port infrastructure (port services and related infrastructure development) and has linked multi-product Special Economic Zone (SEZ) and related infrastructure contiguous to Port at Mundra. It is the largest port developer and operator in India. The company has a total …
Lloyds Metals and Energy Ltd. has raised Rs.1,200 crore through a Qualified Institutional Placement (QIP) of equity shares following the receipt of application forms and funds from eligible, qualified institutional buyers into the escrow account. Shares of Lloyds Metals & Energy slipped around 2% today, however, the stock price has seen a 24% increase in …
Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence. It enjoys enviable market dominance across a wide spectrum of products, including Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Fans, Modular Switches, Home Appliances, Air Conditioners, Electric Water …
In a notable development in the Indian stock market, 37 lakh shares, equivalent to 0.9% of the total equity of healthcare products manufacturer Mankind Pharma Ltd., changed hands in multiple block deals during early trading on Wednesday. The shares were traded at an average price of Rs 2,083 per share, culminating in a total transaction …
H.G. Infra Engineering Limited has announced a significant strategic move by entering into a Memorandum of Understanding (MoU) with Ultra Vibrant Solar Energy Private Limited on July 8, 2024. This MoU outlines the company’s intention to acquire shares or voting rights in project companies, either by incorporating new companies or by purchasing shares of existing …
Shares of Maruti Suzuki India Ltd. (MSIL) surged as much as 6.5% to Rs.12,935 today amid heavy trading volumes followed by the Uttar Pradesh (UP) government’s decision to waive the registration fee on hybrid cars, aiming to promote green technology. Government Incentives The UP government’s step to extend zero registration fees to hybrid vehicles, alongside …
On July 9, 2024, Alembic Pharmaceuticals announced that it had received final approval from the US Food & Drug Administration (USFDA) for its Bromfenac Ophthalmic Solution, 0.07%. This medication treats inflammation and pain following cataract surgery and is equivalent to Bausch & Lomb’s Prolensa Ophthalmic Solution, 0.07%. According to IQVIA, the market size for Bromfenac …
Marvel Decor Ltd, an SME listed on the NSE, specialises in window covering solutions with infrastructure spanning 2 lakh sq. ft. at Jamnagar, Gujarat. Known for its innovation, quality, and attention to detail, the company boasts the world’s largest range of products in the industry, making it a trusted name in the sector. The company …
On July 9, 2024, Cyient, a global leader in Intelligent Engineering solutions for a digital, autonomous, and sustainable future, received its third consecutive Premier Award from RTX. RTX has awarded Cyient, Ltd the Premier Award for its outstanding performance in 2023, specifically for excelling in Cost Competitiveness and Collaboration & Customer Service. This award is …
