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Grasim Share Price in Focus; Posted Q2 FY25 Results with 59% PAT Decline

Grasim Share Price in Focus; Posted Q2 FY25 Results with 59% PAT Decline

18 November 2024

Grasim Industries Limited announced its financial results for the quarter ending on September 30, 2024 (Q2 FY25).  On Monday, Grasim Industries was in the spotlight. On November 18, 2024, Grasim share price opened at ₹2,497.00, down from its previous close of ₹2,523.95. At 11:04 AM, the share price of Grasim was trading at ₹2,513.25, down …

Stocks To Watch Today on November 18, 2024: Hero MotoCorp, RIL, Muthoot Finance, Bank of Baroda and More Can be in Focus

Stocks To Watch Today on November 18, 2024: Hero MotoCorp, RIL, Muthoot Finance, Bank of Baroda and More Can be in Focus

18 November 2024

The Indian benchmark indices Sensex and Nifty 50 are expected to start lower amid mixed global cues. On November 18, 2024, Gift Nifty futures traded at 23,525.50, up by 0.37% at 08:05 AM. Check out a few stocks that might be in focus during the trading session. Hero MotoCorp Hero MotoCorp reported a 5.6% increase …

Varroc Engineering Q2 FY25 Results Net Profit Up by 4 per cent

Varroc Engineering Q2 FY25 Results Net Profit Up by 4 per cent

14 November 2024

The global Tier-1 auto component manufacturer Varroc Engineering Ltd. was founded in 1988 and has its headquarters in Aurangabad, Maharashtra. It specializes in a wide range of automotive solutions. In addition to producing exterior lighting systems, polymer and plastic components, electrical and electronics parts, and precision metallic components for a variety of vehicles, including passenger …

Stellar Q2 Results: Narmada Agrobase Posts 660% PAT Surge & 340% EBITDA Growth

Stellar Q2 Results: Narmada Agrobase Posts 660% PAT Surge & 340% EBITDA Growth

14 November 2024

Introduction Narmada Agrobase Limited, a leading name in the cattle feed manufacturing industry, has reported impressive financial results for Q2 FY25. With a staggering 660% increase in Profit After Tax (PAT) and a 340% boost in EBITDA, the company has demonstrated its strategic prowess in operational efficiency and market expansion. Financial Highlights Profit After Tax …

Share Price of Trom Industries Jumps 10% with Stellar Half-Year FY25 Results: Profit doubled

Share Price of Trom Industries Jumps 10% with Stellar Half-Year FY25 Results: Profit doubled

14 November 2024

Robust Financial Performance Trom Industries Limited, a leading solar EPC company based in Gujarat, has reported a remarkable financial performance for the first half of FY25. Net sales reached Rs 46.23 crore, marking a 98.67% increase compared to the same period last year. Profit after tax (PAT) also saw significant growth, rising 108.77% to Rs …

Akums Drugs and Pharmaceuticals Share Price Hits Lower Circuit, Slips Below Listing Day

Akums Drugs and Pharmaceuticals Share Price Hits Lower Circuit, Slips Below Listing Day

14 November 2024

Akums Drugs & Pharmaceuticals: Recent Share Price Movement The share price of Akums Drugs and Pharmaceuticals Ltd. has faced a challenging period on the bourses. On Thursday, November 14, shares were locked in a 5% lower circuit, marking the second such drop in the last four days. Over the past ten trading sessions, the stock …

Inox Green approved the demerger of the power evacuation business

Inox Green approved the demerger of the power evacuation business

14 November 2024

Inox Green Energy Services Limited, one of India’s leading providers of wind power operation and maintenance services, was founded in 2012. The business belongs to the Inox GFL group of companies and is a subsidiary of Inox Wind Limited.  Demerger of Inox Green Energy Service Limited The Power Evacuation Business (worth Rs. 14.93 crore, or …

Cipla received eight observations from the US FDA

Cipla received eight observations from the US FDA

14 November 2024

The headquarters of Cipla Ltd., a well-known international pharmaceutical company, is located in Mumbai, India. Cipla was established in 1935 by Dr. K.A. Hamied and has a long history of making high-quality, reasonably priced medications accessible. The business is renowned for being a trailblazer in the provision of life-saving treatments in fields like infectious diseases, …

Tata Communications Exits ATM Business in Rs 330 Crore Deal with TSI

Tata Communications Exits ATM Business in Rs 330 Crore Deal with TSI

14 November 2024

Tata Communications has decided to divest its entire 100% stake in the ATM venture by selling Tata Communications Payment Solutions (TCPSL) to Transaction Solutions International India (TSI), a company majorly owned by Australia’s Findi. The deal, valued at Rs.330 crore, comes with an interesting twist, TSI could shell out an additional Rs.75 crore, depending on …

Varun Beverages Sets Floor Price for Rs.7,500 Crore QIP

Varun Beverages Sets Floor Price for Rs.7,500 Crore QIP

14 November 2024

Varun Beverages, PepsiCo’s leading bottling partner, has announced the launch of its Qualified Institutional Placement (QIP), targeting a fundraising of up to Rs.7,500 crore. The issue opened on November 13, 2024, with a floor price of Rs.594.56 per share, representing a 4.66% premium to the previous NSE closing price of Rs.568.10. QIP Details & Equity …

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