Ambuja Cements is rising as it acquires a 100% stake in Penna Cement at an enterprise value of Rs 10,442 crore. This acquisition increases the company's capacity by 14 MTPA to 89 MTPA.
Ambuja Cements is rising as it acquires a 100% stake in Penna Cement at an enterprise value of Rs 10,442 crore. This acquisition increases the company’s capacity by 14 MTPA to 89 MTPA
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*Corporate News* Rs 35,000 crore Saudi Aramco order biggest ever, say L&T executives.Adani Power ups capacity addition targets again, to more than 30 GW.IT services firm HCLTech launches its first global de ry centre in Bihar *Corporate News* Rs 35,000 crore Saudi Aramco order biggest ever, say L&T executives.Adani Power ups capacity addition targets again, to more than 30 GW.IT services firm HCLTech launches its first global de ry centre in Bihar
- Raj Gaurav Rai
- July 3, 2024
*Corporate News*Rs 35,000 crore Saudi Aramco order biggest ever, say L&T executives. Adani Power ups capacity addition targets again, to more than 30 GW. IT […]
Results on May 14Bharti Airtel, Shree Cement, Siemens, Apollo Tyres, Bajaj Electricals, Colgate-Palmo (India), Bharti Hexacom, PVR Inox, BLS International Services, Devyani International, Ideaforge Technology, Oberoi Realty, Patanjali Foods, and V-Mart Retail will release March quarter earnings on May 14.Stocks in NewsShriram Finance: The company said its board members have approved the sale of its housing finance subsidiary Shriram Housing Finance (SHFL) to global investor Warburg Pincus, for Rs 4,630 crore. Warburg Pincus will acquire the stake through its affiliate Mango Crest Investment from all the sellers.DLF: The real estate major has recorded a massive 61.5 percent on-year growth in consolidated net profit at Rs 920.7 crore for quarter ended March FY24, with strong topline and operating numbers. Revenue from operations grew by 46.6 percent on-year to Rs 2,135 crore for the quarter.Jindal Steel & Power: The company has reported consolidated net profit at Rs 933.5 crore for March FY24 quarter, growing 100.5 percent over the corresponding period of previous fiscal despite lower topline, aided by operating margin that boosted by lower input cost. The profit in Q4FY23 was impacted by an exceptional loss of Rs 153.5 crore. Revenue from operations declined 1.5 percent on-year to Rs 13,487 crore for the quarter.Cochin Shipyard: The company has bagged a large order (in the range of Rs 500-1,000 crore) from a European client, for the design and construction of a hybrid service operation vessel (Hybrid SOV) with an option for two more such vessels.Rail Vikas Nigam: The company has received Letter of Acceptance from Southern Railway for provision of automatic block signaling system in Jolarpettai junction to Erode junction of Salem division in Southern Railway. The order worth Rs 239.1 crore is expected to be executed within 12 months Results on May 14Bharti Airtel, Shree Cement, Siemens, Apollo Tyres, Bajaj Electricals, Colgate-Palmo (India), Bharti Hexacom, PVR Inox, BLS International Services, Devyani International, Ideaforge Technology, Oberoi Realty, Patanjali Foods, and V-Mart Retail will release March quarter earnings on May 14.Stocks in NewsShriram Finance: The company said its board members have approved the sale of its housing finance subsidiary Shriram Housing Finance (SHFL) to global investor Warburg Pincus, for Rs 4,630 crore. Warburg Pincus will acquire the stake through its affiliate Mango Crest Investment from all the sellers.DLF: The real estate major has recorded a massive 61.5 percent on-year growth in consolidated net profit at Rs 920.7 crore for quarter ended March FY24, with strong topline and operating numbers. Revenue from operations grew by 46.6 percent on-year to Rs 2,135 crore for the quarter.Jindal Steel & Power: The company has reported consolidated net profit at Rs 933.5 crore for March FY24 quarter, growing 100.5 percent over the corresponding period of previous fiscal despite lower topline, aided by operating margin that boosted by lower input cost. The profit in Q4FY23 was impacted by an exceptional loss of Rs 153.5 crore. Revenue from operations declined 1.5 percent on-year to Rs 13,487 crore for the quarter.Cochin Shipyard: The company has bagged a large order (in the range of Rs 500-1,000 crore) from a European client, for the design and construction of a hybrid service operation vessel (Hybrid SOV) with an option for two more such vessels.Rail Vikas Nigam: The company has received Letter of Acceptance from Southern Railway for provision of automatic block signaling system in Jolarpettai junction to Erode junction of Salem division in Southern Railway. The order worth Rs 239.1 crore is expected to be executed within 12 months
- Raj Gaurav Rai
- May 14, 2024
Results on May 14 Bharti Airtel, Shree Cement, Siemens, Apollo Tyres, Bajaj Electricals, Colgate-Palmo (India), Bharti Hexacom, PVR Inox, BLS International Services, Devyani International, Ideaforge […]
US MARKET WILL Fall Today will See Fall in Crude Oil and natural Gas Buy Put and Sell Futures for 10 Percent Fall from Current Level US MARKET WILL Fall Today will See Fall in Crude Oil and natural Gas Buy Put and Sell Futures for 10 Percent Fall from Current Level
- Raj Gaurav Rai
- May 9, 2024
US MARKET WILL Fall Today will See Fall in Crude Oil and natural Gas Buy Put and Sell Futures for 10 Percent Fall from Current […]