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Sterling Tools has signed an agreement with Kunshan GLVAC Yuantong New Energy Technology

Sterling Tools has signed an agreement with Kunshan GLVAC Yuantong New Energy Technology

7 November 2024

Founded in 1979, we are a reliable supplier of a broad range of fasteners to major OEMs in South America, Europe, India, the USA, and the Middle East. With a strong market position and an emphasis on operational integrity and precision, we provide a wide range of products, including standard chassis and special engine fasteners, …

UltraTech Cement bought an additional 11.6% stake in the UAE-based unit Ras Al Khaimah

UltraTech Cement bought an additional 11.6% stake in the UAE-based unit Ras Al Khaimah

7 November 2024

The flagship cement business of the Aditya Birla Group is UltraTech Cement Limited. UltraTech, a USD 8.4 billion powerhouse in the building solutions industry, is India’s biggest producer of ready-mix concrete (RMC) and grey cement, as well as one of the country’s biggest producers of white cement. Aside from China, it ranks third globally in …

Gujarat Gas Ltd Q2 FY25 Results: 12% CNG Volume Growth but Revenue Loses Steam

Gujarat Gas Ltd Q2 FY25 Results: 12% CNG Volume Growth but Revenue Loses Steam

7 November 2024

Gujarat Gas reported its financial results for the second quarter of fiscal year 2024-25, showing notable growth in key areas despite a slight drop in overall revenue. The company’s compressed natural gas (CNG) volumes increased significantly, driven by strong demand and favourable government policies. Key Highlights of Quarterly Performance Revenue and Earnings Growth: Gujarat Gas’s …

RITES Q2FY25 Results: 16.5% Revenue Growth, ₹6581 Cr Order Book, and ₹1.75 Dividend

RITES Q2FY25 Results: 16.5% Revenue Growth, ₹6581 Cr Order Book, and ₹1.75 Dividend

7 November 2024

RITES Ltd, India’s top Transport Infrastructure Consultancy and Engineering firm, released its financial results for the quarter ending on September 30, 2024, showing solid growth in revenue and sustained high orders. Key Highlights In Q2, RITES Ltd. achieved a 16.5% increase in standalone revenue, which rose from ₹475 crore in the previous quarter to ₹554 …

KRN Heat Exchanger Share Price in Focus as Stock Surges Over 8% Amid Strong Financials

KRN Heat Exchanger Share Price in Focus as Stock Surges Over 8% Amid Strong Financials

7 November 2024

On November 07, 2024, KRN Heat Exchanger’s share price surged over 8% on NSE as of 10:20 AM. On November 06, KRN Heat Exchanger’s (KRN) stock price surged, hitting a 20% upper circuit at ₹537 on the BSE. This marked the stock’s highest level since its October 3, 2024 debut. With this jump, KRN’s market …

Tata Steel Shares in Focus After Release of Q2 FY25 Results

Tata Steel Shares in Focus After Release of Q2 FY25 Results

7 November 2024

Tata Steel has released its Q2 FY25 results, reflecting solid growth in both revenue and EBITDA. For the first half of FY25, consolidated revenues stood at ₹1,08,676 crores. The company reported a 25% year-on-year (YoY) increase in EBITDA, reaching ₹13,046 crores, with an EBITDA margin of 12%. In the July–September 2024 quarter, Tata Steel’s consolidated …

Reliance Power Shares Jump Over 4%: Subsidiary Rosa Power Achieved Debt-Free Status

Reliance Power Shares Jump Over 4%: Subsidiary Rosa Power Achieved Debt-Free Status

7 November 2024

Reliance Power, led by Anil Ambani, is in focus ahead of its quarterly results for the period ending September 30, 2024. On November 6, 2024, the company announced via an exchange filing that its subsidiary, Rosa Power Supply Company Limited (Rosa Power), has repaid a ₹485 crore loan to Singapore-based lender Varde Partners ahead of …

Gandhar Oil Refinery Shares Slipped ~3% After Release of Q2 FY25 Results

Gandhar Oil Refinery Shares Slipped ~3% After Release of Q2 FY25 Results

7 November 2024

Gandhar Oil Refinery (India) Ltd., a leading manufacturer of white oils by revenue, specializing in Pharmaceutical, Health Care, and Performance Oils (PHPO), Process Insulating Oil (PIO), and Lubricants, has announced its financial results for the quarter ended September 30, 2024. The company continues to demonstrate stability in its manufacturing and financial performance. Manufacturing Volumes Consolidated …

Power Grid Corp Q2 FY25 Results: ₹11,277 Crore Revenue And Modest Profit Growth

Power Grid Corp Q2 FY25 Results: ₹11,277 Crore Revenue And Modest Profit Growth

7 November 2024

Power Grid Corporation, India’s largest electric power transmission company and a Maharatna Central Public Sector Undertaking (CPSU), reported weaker-than-expected results for Q2 FY25 on November 6. Despite a slight increase in revenue, profit and operating margins missed market expectations. Revenue and Segment Performance Power Grid’s consolidated revenue for Q2 FY25 was ₹11,277 crore, showing a …

Kalyan Jewellers Share Price Rose 1.56%; Joins MSCI Global Standard Index

Kalyan Jewellers Share Price Rose 1.56%; Joins MSCI Global Standard Index

7 November 2024

Kalyan Jewellers captured investor attention on Thursday. On November 7, 2024, Kalyan Jewellers share price opened at ₹704.00, up from its previous close of ₹700.00. At 9:35 AM, the share price of Kalyan Jewellers was trading at ₹710.95, up by 1.56%. Added to the MSCI Global Standard Index  The focus comes after a significant announcement …

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