Voltas is likely to benefit from a robust demand outlook for unitary cooling products such as air conditioners, based on management commentary, Nomura analysts say in a research report. The home-appliance manufacturer seeks to grow ahead of the UCP industry, driven by higher penetration in the modern trade and e-commerce segments, new outlets and price...
fpi has around 12000 cr in the consumer services sector in the last 3 months(nse data). most of the money has been rotated in the hotel sector, apart from hotel sector this particular stock has witnessed a huge volume breakout keep in radar, news may come later
signed up 1.01 million new clients in February, up 124.6% year over year, according to a Monday release. The brokerage services company said its client base during the month reached 21.43 million, up 60.8% from 13.33 million a year ago. Meanwhile, the number of its new orders surged 106.8% to 172.7 million from 83.5 million in February 2022.
Welspun India Ltd. (WIL) a Welspun Group company, started its activities in 1985 as Welspun Winilon Silk Mills Pvt. Ltd, a synthetic yarn business which went on to become Welspun Polyesters (India) Ltd. and finally, Welspun India Limited emerged in the year 1995. The company offers a variety of products like towels in different sizes and qualities, bed linen...
BF Utilities Ltd. (BFUL) was incorporated on September 15, 2000 under the Companies Act, 1956 in the State of Maharashtra. The company was born out of a scheme of demerger with Bharat Forge Limited (BFL). The Scheme of Arrangement was approved by the High Court of Judicature at Bombay on January 17, 2001. Under the said Scheme, the Investments (listed as well as...
Zurich Insurance Group will buy a 70% stake in Kotak Mahindra Bank's general insurance arm by paying 55.60 billion rupees (nearly $671 million) upfront instead of staggering the purchase as planned last year, the Indian lender said on Friday. Under the original deal, announced in November last year, Zurich was to buy a 51% stake in the Kotak unit for 40.51...
In the third quarter, V-Guard Industries, a company that produces electronic products in India, reported a profit that exceeded expectations. Their consolidated net profit increased by 48% to 582.4 million rupees compared to the same quarter last year, surpassing analysts' average expectation of 555.1 million rupees. The revenue from the electricals segment, which...
In the December quarter, jndal Worldwide reported a consolidated net profit of 210.3 million rupees, which is an increase from the previous quarter's profit of 147.6 million rupees.
Building materials manufacturer Visaka Industries has begun commercial production at its new VBoards cement boards unit in West Bengal, India,
India's Adani Group is in advanced talks with West Asia-based sovereign funds to raise up to $2.6 billion for its airport expansion and green hydrogen projects,
saw a rise in its attributable consolidated net profit to 1.30 billion Indian rupees in the fiscal third quarter ended Dec. 31, 2023, against 1.25 billion rupees a year ago. Earnings per share stood at 3.71 rupees compared with 3.57 rupees, according to a Friday filing by the logistics company.
As announced on 15 February 2024, Jubilant Foodworks Netherlands B.V. ("Jubilant"), a PCA of the following PDMRs: 1. Shyam S. Bhartia 2. Hari S. Bhartia has acquired 8,360 ordinary shares in the Company ("Ordinary Shares") from market purchases on 14 February 2024 aggregating to 137,681,389 Ordinary Shares in total (which is equal to...
at multiyear support, heavy volume, buy 240, target 300,350
has secured an order worth 1.10 billion Indian rupees from the Ministry of Defence, Government of India. The contract is for the supply of 75,000 sets of extreme cold weather clothing system, or ECWCS, to be supplied over five years amounting to 15,000 sets annually, according to a Friday filing.
ARIES AGRO (CN) reported a consolidated net profit of 78.1 million rupees in Q3, an increase from 51.2 million rupees. The consolidated revenue from operations for the same period was 1.90 billion rupees, up from 1.71 billion rupees.
secured a contract worth 571.5 million Indian rupees from Oil India OIL for 3D and 2D seismic data in Rajasthan, India. The contract is expected to be executed by December, according to a Saturday disclosure.
Rain Industries, formerly known as Rain Commodities (RCL), incorporated in 1974 is engaged in the business of manufacturing cement, Calcined Petroleum Coke (CPC) and power. The company is the largest producer of CPC with a production capacity of 2.49 nillion tonnes per annum (MTPA). Under cement, company has created brand namely Priya Cement. Presently the company...
Intrasoft Technologies has been in the electronic business since its inception. It is an internet company that has capitalized on its technological resources and expertise to enable business growth benefitting stakeholders at all levels. IntraSoft Technologies Limited owns & operates 123Stores, an Online E-Commerce Retailer. Its 123stores.com is a multi-channel...