Financial Performance Highlights: Q3 FY25: Total income increased by 35% YoY to INR 100 crores. EBITDA grew by 48% YoY, with an EBITDA margin of 22%. PAT increased by 68% YoY, with a PAT margin of 15%. Capacity Expansion: Increase in stainless steel hose and braiding capacity from 16.5 million meters to 20 million meters by March 2026. Addition of assembly...
has secured a contract worth about 34 million Indian rupees, according to a Saturday filing to the stock exchanges. The contract is for the supply of micro irrigation systems across 680 hectares of land.
SFDA is an esteemed regulatory agency which is now a PIC/s member state. This certification will open new markets for the Kwality Pharma such as Saudi Arabia, UAE, Jordan, Bahrain, Kuwait, Oman and Qatar and the 50+ PIC/S countries as well through mutual reorganization As Saudi Arabia is considered as reference state for registrations across GCC markets,...
Company's arm signs MoU with China Railway to jointly develop Fako bauxite deposit in Guinea's Kindia region ** ASHM says deal will boost Ashapura Minechem's production capacity
Energy solutions provider's EV unit Greaves Electric Mobility plans to raise 10 bln rupees ($117 mln) via IPO, according to draft papers filed by it
India's Directorate General of Trade Remedies (DGTR) has initiated a safeguard investigation concerning imports of non-alloy and alloy steel flat products. This action typically arises when there is concern that increased imports of a particular product are causing or threatening to cause serious injury to domestic producers in that sector. In this context,...
Indian Card Clothing Company Ltd. (ICC) was incorporated on June 24.1955 as a private limited company and was converted into a public limited company on March 27, 1975. The company was promoted by The English Card Clothing Co. Ltd. England and Carclo Engineering Group Ltd. and the entire share capital was held by them in the proportion of 77.5% and 22.5%...
The Indian government has implemented an anti-dumping duty on textured tempered glass that is either produced in or exported from China and Vietnam. This means that additional taxes are being levied on these imports to protect Indian manufacturers from unfair pricing practices that could harm the local industry.
GSFC also promoted Gujarat Green Revolution Company Limited (GGRC) to promote drip-irrigation and sprinkler irrigation systems amongst farmers so as to optimize the usage of water and implementation/monitoring the Government subsidy scheme in co-ordination with GSFC. GSFC has set up several companies such as Gujarat Narmada Valley Fertilizers Company, Gujarat...
Soma Textiles & Industries Limited, established in 1940 and a Somany Group company is a $40 Million Textile company with integrated manufacturing facilities for all its product groups. It is a 36 year old company head-quartered in Ahmedabad, India having factories in Ahmedabad and Baramati.
Combining the Rate of Change (ROC) of On-Balance Volume (OBV) with the Relative Strength Index (RSI) creates a multifaceted technical analysis tool that assesses momentum, volume flow, and potential trend reversals. Here's an overview of this composite indicator: **Components and Calculations:** 1. **On-Balance Volume (OBV):** OBV measures cumulative buying and...
China announced export curbs of "dual-use items" related to graphite and other superhard materials to U.S.
has accepted bids worth 13.15 billion rupees ($155.7 million) for the sale of bonds maturing in three years, three bankers said on Friday. The company will pay a coupon of 7.75% for this issue and had invited bids from bankers and investors on Thursday
has bagged a new five-year contract worth 950 million Indian rupees from the Directorate of Geology & Mining, Government of Uttarakhand, India, according to a Monday filing to the stock exchanges. Under the contract, ITI will be the work agency for development, implementation and maintenance of Mining Digital Transformation and Surveillance System (MDTSS) in the...
Standalone financials highlights for the first half of FY25 reported a revenue of Rs 101.51 crore, up 19% year-on-year basis, ebitda was at Rs 56.92 crore, up 26% on y-o-y basis and profit after tax stood at Rs 49.64 crore, up 22% y-o-y.
Established in 1987, Shree Rama Multi-Tech Limited is engaged in the business of the plastic and packaging industry, serving both domestic and foreign markets, by selling its products through an established network.
Recent Performance: Siyaram Silk Mills has shown positive growth in recent quarters, with strong revenue and profit figures. Future Outlook: The company is expanding its retail footprint and launching new brands to capitalize on the growing demand for branded apparel. Analyst Ratings: Many analysts have a positive outlook on the stock, citing strong...
The significant growth over the previous year underscores the company's resilience in navigating challenging market conditions. This impressive figure was bolstered by strong operational performance and strategic initiatives that have effectively streamlined costs, enhancing overall profitability. Revenue for the quarter also saw a substantial increase, driven by...