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...
Shares of India's copper and aluminium manufacturers rise between 3% and 6% ** China's finance ministry last week proposed to reduce or cancel export tax rebates for commodities including copper and aluminium, effective Dec 1 ** China's move has lifted global aluminium prices as the move will likely reduce supply of metals globally
** Says co's auto and healthcare business, which led growth in Q2, will drive future growth ** Motilal Oswal expects recovery in margins to continue, fuelled by higher exports, design and manufacturing businesses ** Co faces margin challenges as consumer segment, which comprises 35%-38% of topline, operates with lower margins, according to BOB Capital;...
Co gets solar PV project worth 7.80 billion rupees ($92.8 million) from a public sector utility in Maharashtra
Tilaknagar Industries share price surged 17 percent on November 5 on strong Q2 results. Indian-Made Foreign Liquor (IMFL) manufacturer Tilaknagar Industries Ltd on Monday reported a 57 percent rise in its consolidated net profit at Rs 58 crore crore in September 2024 quarter. It had reported a net profit of Rs 37 crore during the July-September period of...
** Real estate developer reported 56.9% Y/Y jump in Q2 consol profit after tax and non-controlling interests ** Rev from ops rose 37.6%
Water-intake equipment maker says it got consolidated orders worth 440 mln rupees ($5.2 mln) in September ** Adds, as on Oct. 1, co's total consolidated order book position is 9.42 bln rupees
Gujarat Fluorochemicals Limited (GFL)'s growth drivers include: Phasing out of destocking in Europe and exit of legacy players in the fluoropolymer segment: This is expected to lead to continuous quarter-on-quarter growth, with a particularly positive impact anticipated in FY25. Significant investment in EV and ESS battery solutions (Rs. 6,000 crore over 3...
Eros International sources all Indian film content for the Eros Group and exploits such content across formats within India, Nepal and Bhutan. It has various rights to over 1,000 films which include Hindi, Tamil and other regional language films, including films such as Mughal-e-Azam, Om Shanti Om, Lage Raho Munnabhai and Love Aaj Kal, which it considers to be a...
Vicky Kaushal Steps into Style as the New Face of Campus Activewear