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Balaji Amines Falls By 6% After Q1 FY25 Net Profit Declines

Balaji Amines Falls By 6% After Q1 FY25 Net Profit Declines

8 August 2024

Balaji Amines Ltd. (BAL) was established on October 27, 1988. BAL has positioned itself as a reliable supplier of high-quality amines such as ethyl and methyl, serving various industries including pharmaceuticals, agrochemicals, and personal care products. With advanced manufacturing facilities and a strong emphasis on research and development, BAL is dedicated to providing innovative solutions …

Nazara Technologies Wins Approval to Acquire Smaaash Entertainment

Nazara Technologies Wins Approval to Acquire Smaaash Entertainment

8 August 2024

Nazara Technologies Ltd saw a notable gain in its share price on Thursday, August 8, following the company’s announcement of receiving a letter of intent (LOI) for the acquisition of Smaaash Entertainment, which is currently undergoing an insolvency process. Approval from Committee of Creditors In a significant development, Nazara Technologies disclosed in a stock exchange …

Bangladesh Crisis: Impact on Adani Power, NTPC, and Indian Energy Giants

Bangladesh Crisis: Impact on Adani Power, NTPC, and Indian Energy Giants

8 August 2024

The ongoing unrest in Bangladesh is poised to impact Indian power companies operating in the neighboring country. Notable listed companies with exposure to the Bangladeshi market include Adani Power, NTPC, and Power Grid, among others. Bangladesh, with a total power capacity of 25 GW, faced a peak demand of 15 GW in the fiscal year …

Saksoft Announces Its First-Ever Bonus Issue: Know the Record Date

Saksoft Announces Its First-Ever Bonus Issue: Know the Record Date

8 August 2024

Bonus Shares: A Reward for Shareholders On Wednesday, Saksoft declared that it would issue one bonus share for every four shares held by shareholders as of the record date. The company has fixed September 13, 2024, as the record date for this bonus issue, aiming to enhance shareholder value and marketability of its shares. This …

Contract Win Propels Welspun Corp Shares: Saudi Arm Secures Rs 525 Crore Steel Pipe Deals

Contract Win Propels Welspun Corp Shares: Saudi Arm Secures Rs 525 Crore Steel Pipe Deals

7 August 2024

Welspun Corp Limited (WCL) witnessed a significant boost in its share price on Wednesday, August 7, following the announcement that its Saudi Arabian associate company had secured multiple contracts valued at approximately Rs 525 crore. These contracts are for the manufacturing and supply of steel pipes and coating services, with a project duration of 24 …

Fusion Microfinance Hits Lower Circuit, Here’s Why

Fusion Microfinance Hits Lower Circuit, Here’s Why

7 August 2024

Fusion Microfinance Ltd. saw its shares plunge by 20% on Wednesday, hitting a lower circuit after the company’s credit costs for the June quarter exceeded expectations, prompting a downgrade from a brokerage firm. This significant drop has pushed the stock below its IPO price of Rs 368 per share. The company made its debut on …

Pidilite Industries Q1 FY24 Results: PAT Up 21%, Strong Growth in B2B Segment

Pidilite Industries Q1 FY24 Results: PAT Up 21%, Strong Growth in B2B Segment

7 August 2024

On August 07, 2024, Pidilite Industries Limited, a leading Indian manufacturer of adhesives, sealants, and construction chemicals, announced its financial results for the June 30, 2024 quarter. Overall, UVG was 9.6%. The B2B segment showed strong performance with 18% UVG, driven by both domestic and export markets, while the Consumer & Bazaar (C&B) segment had …

Shoppers Stop Enhances First Citizen Club Rewards with Single.id Partnership

Shoppers Stop Enhances First Citizen Club Rewards with Single.id Partnership

7 August 2024

On August 7, 2024, Shoppers Stop, India’s top destination for fashion, beauty, and gifts, continues offering a fresh, enriching, and unmatched shopping experience. With 114 department stores nationwide and a strong online presence, Shoppers Stop redefines retail excellence by providing over 500 brands and 120,000+ styles. They offer various services, such as personal shoppers and …

Suzlon Energy to Acquire Rs 660 Crore Stake in Renom Energy

Suzlon Energy to Acquire Rs 660 Crore Stake in Renom Energy

7 August 2024

In a strategic move to enhance its footprint in the wind energy services sector, Suzlon Energy Ltd. has announced the acquisition of a 76% stake in Renom Energy Services Pvt. The board of directors approved this significant acquisition on Tuesday, highlighting Suzlon’s commitment to expanding its operations and maintenance services in the renewable energy market. …

Indian Hotels to Launch 108-Key SeleQtions Hotel in Gujarat

Indian Hotels to Launch 108-Key SeleQtions Hotel in Gujarat

7 August 2024

Indian Hotels Company Limited (IHCL), India’s largest hospitality chain, has announced the signing of a new hotel in Nadiad, Gujarat. This upcoming property, branded as an IHCL SeleQtions hotel, marks an expansion of the company’s footprint in the state. The new hotel will feature 108 keys and is located along the Golden Quadrilateral road on …

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