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Godrej Industries announced Q4 results, reported a loss of Rs.25.34 Cr

Godrej Industries announced Q4 results, reported a loss of Rs.25.34 Cr

17 May 2024

Godrej Industries Limited (GIL) announced its Q4 results today. These financial results were prepared following the Indian Accounting Standards (IND AS) and included a detailed review of the company’s assets, liabilities, and cash flow statements. Consolidated Financial Results The financial performance of the company in the current year has seen a decline across key metrics …

RVNL announces Q4 results, beats estimates, profits up 33.2%

RVNL announces Q4 results, beats estimates, profits up 33.2%

17 May 2024

Rail Vikas Nigam Limited (RVNL) has announced its Q4FY24 results today. According to the consolidated financial statements, RVNL and its subsidiaries reported a significant increase in revenue and profitability, reflecting strong operational efficiency and effective management. Financial Performance The revenue increased by 17.2% to Rs.6,714 crore from Rs.5,720 crore. EBITDA rose 21.6% to Rs.456 crore …

India’s Greenfield Port Expansion: Boosting Capacity and Infrastructure

India’s Greenfield Port Expansion: Boosting Capacity and Infrastructure

17 May 2024

India’s maritime sector is a critical facilitator of international trade. However, with cargo volumes on a continuous rise, existing port capacity is nearing its limits. To address this challenge, the government is actively promoting the development of greenfield ports – entirely new port projects built on undeveloped land. This strategy aims to not only increase …

Government initiatives boost rooftop solar in India; Stocks to watch out

Government initiatives boost rooftop solar in India; Stocks to watch out

17 May 2024

The Indian government has set its sights on significantly boosting rooftop solar installations across the country, with a particular focus on the residential sector. The recently launched PM-Surya Ghar: Muft Bijli Yojana (PM-SGB MY) scheme offers a compelling incentive – free electricity up to 300 units per month – for up to 10 million households …

Check Out The Performance of These Power Stocks

Check Out The Performance of These Power Stocks

17 May 2024

One of the most important aspects of infrastructure is power, which is essential for national welfare and economic progress. For the Indian economy to grow steadily, a suitable electricity infrastructure must be developed, and one is being developed. India has one of the world’s most diverse electricity industries. Power generation can come from various sources, …

Bandhan Bank Q4 Results, Net Profit Plunges By 94%

Bandhan Bank Q4 Results, Net Profit Plunges By 94%

17 May 2024

Bandhan Bank’s Q4FY24 results were announced today and it showcased a significant decline in net profit due to substantial loan write-offs, despite an improvement in net interest income (NII). The bank reported a net profit of Rs.55 crore, marking a steep 94% drop from Rs.876 crore in the same quarter of the previous year. This …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 18

Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 18

17 May 2024

In the current trading session, benchmark indices are trading positively, with the Sensex up by 0.38% and the Nifty gaining 0.33%. Nifty Auto, Nifty Metal, and Nifty Realty are the leading sectors in positive territory, while Nifty IT and Nifty Pharma are among the top losers. M&M, JSW Steel, and Ultratech Cement are among the …

JSW Steel FY24 Q4 Results: Net Profit Decline 65% on YoY Basis

JSW Steel FY24 Q4 Results: Net Profit Decline 65% on YoY Basis

17 May 2024

JSW Steel Limited is an Indian multinational steel producer based in Mumbai and is a flagship company of the JSW Group, The Steel company has reported its Q4 FY 2023-24 earnings today after market hours. Q4 Performance of JSW Steel The Steel Giant has reported below market estimates net profits for this quarter, The next …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

17 May 2024

During Friday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Pudumjee Paper Products Ltd Pudumjee Paper Products Ltd showed a significant price movement today, reaching a high of Rs 96.5 with a traded volume of 4,753,566 shares. The stock is currently trading at …

Zydus Lifesciences Expands US Portfolio with Exclusive Cabozantinib Agreement

Zydus Lifesciences Expands US Portfolio with Exclusive Cabozantinib Agreement

17 May 2024

Zydus Lifesciences Ltd., a prominent Indian pharmaceutical company renowned for its innovation, announced a significant agreement for the US market. Zydus Lifesciences Global FZE, a wholly-owned subsidiary, has entered an exclusive licensing and supply agreement with MSN Laboratories for Cabozantinib Tablets, the generic version of the established drug CABOMETYX®. Strategic Partnership for US Market Entry …

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