Shares Archives - Page 13 of 35

12 May

Golden Day: Sensex zooms nearly 3,000 points, Nifty jumps 900 points in biggest-ever day

MFNewsBreaking News, Business, Mutual Funds, Opinions, Shares, Stocks

#GoldenDaySensexzooms2975 Mumbai: On A Golden Day In percentage terms, both indices surged 3.4 percent, notching up their second-highest gains in four years. The only bigger jump in percentage terms took place on February 1, 2021, when both indices rose by more than 4.7 percent. Benchmark indices saw a record rally on May 12, with the Sensex soared nearly 3,000 points and the Nifty 50 advanced by over 910 points, marking their biggest single-day gains in absolute terms ever. Easing border tensions between India and Pakistan significantly boosted investor sentiment, along with a significant progress in trade negotiations between US and…

11 May

Tata Chemicals Limited Consolidated revenue for the quarter ended March 2025 at ₹ 3,509 Cr

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#TataChemicalsrevenue3509Cr Board recommends dividend of ₹ 11 per share Chandigarh: Tata Chemicals Limited declared its financial results for the quarter and year ended March 31, 2025. Commenting on the results, R. Mukundan, Managing Director & CEO, Tata Chemicals Limited, said, “Market conditions remain challenging even as India continues to grow while China, US and Western Europe are witnessing slight declines due to reduced demand for flat and container glass. In other regions, Asia (excluding China and India) and Americas (excluding USA) demand is robust, while slight decline is observed in demand of Africa. Though demand - supply balance softens, tariff…

10 May

Pidilite Industries Limited Standalone Double digit Underlying Volume Growth (UVG*) in Q4

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#PidiliteIndustriesEBITDAUP Final Dividend proposed# at Rs. 20 per share Chandigarh: Pidilite Industries Limited, India’s leading manufacturer of adhesives, sealants and construction chemicals today announced its financial results for the quarter and year ended March 31, 2025. The current quarter’s revenue growth of 10.2% was underpinned by UVG of 9.8% across categories and geographies. Consumer and Bazaar (‘C&B’) UVG was 8.0% with sequential improvement, while Business to Business (‘B2B’) continued to report robust UVG of 16.4%. Gross Margins improved by 154 bps over Q4 FY24 and by 86 bps over Q3 FY25, primarily driven by benign input prices. A&SP spends were…

10 May

Ravi Infrabuild Projects Ltd files DRHP with SEBI to raise up to ₹1,100 crore through IPO

MFNewsBrands, Breaking News, Business, Shares, Technology

#RaviInfrabuildIPO Chandigarh: Ravi Infrabuild Projects Limited, a leading integrated civil construction company with a focus on roads, bridges, tunnels, and related infrastructure, has filed its Draft Red Herring Prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”) to raise up to ₹1,100 crore through an Initial Public Offering (IPO). According to D&B report, the company has emerged as one of the fastest growing engineering, procurement and construction (“EPC”) company in terms of Total Order Book and PAT, as of Fiscal Year 2024. The IPO comprises a fresh issue of equity shares aggregating up to ₹1,100 crore at face…

10 May

Motherson Sumi Wiring India Limited (MSWIL) reported Q4FY25 revenues of Rs. 2,391 crores

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#MothersonSumi2391cr Marking a 7.1% year-over-year growth, MSWIL remains a proud supplier to 09 out of India's top 10 highest-selling passenger vehicle models for FY25. Chandigarh: Motherson Sumi Wiring India Limited (MSWIL) announced its financial results for the fiscal year 2024-25 fourth quarter and full financial year, which ended on 31st March 2025. Mr. Vivek Chaand Sehgal, Chairman, Motherson Sumi Wiring India Ltd., said, “The company has delivered robust performance this quarter, with revenue growth surpassing industry averages. While maintaining a debt-free status and a strong focus on enhancing our operational efficiencies, we are investing in expanding our capacities. This will allow…

10 May

Bank of India reports Net Profit for Q4FY25 grew by 82% YoY to ₹2,626 crores

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#BoINetProfit2626cr Chandigarh: Bank of India announced its results for the quarter Q4 FY25 & FY24-25.Net Profit for FY25 stands at ₹9,219 crores witnessing growth of 46% YoY. Net Profit for Q4FY25 grew by 82% YoY to ₹2,626 crores, ROA and ROE for FY25 stand at 0.90% and 15.27% respectively. The bank reported Net Interest Income (NII) for FY25 increased by 6% YoY and Net Interest Margin (NIM) of Global and Domestic for FY25 stand at 2.82% and 3.10% respectively. Global and Domestic NIM for Q4FY25 stand at 2.61% and 2.91% respectively. Bank’s Global Advances grew by 13.74% with Domestic Advances…

09 May

Larsen & Toubro Another year of strong all-round performance

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#LarsenandToubroResults The order inflow for the quarter ended March 31, 2025 stood at ₹ 89,613 crore Chandigarh: Larsen & Toubro won orders of ₹ 356,631 crore at the group level during the year ended March 31, 2025, registering a sizable y-o-y growth of 18%. During the year, orders were bagged across multiple geographies and various segments like Renewable, Transmission & Distribution, Airports, Commercial and Residential Buildings, Metros, Hydel & Tunnel, Minerals & Metals, Thermal BTG, Precision Engineering and Offshore & Onshore vertical of Hydrocarbon business. International orders at ₹ 207,478 crore during the year comprised 58% of the total order…

09 May

Kalyan Jewellers India Limited recorded revenue in excess of 25,000 Cr and PAT of Rs 714 crore FY25

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#KalyanJewellersRevenue25000Cr Chandigarh: The company recorded consolidated revenue of Rs 25,045 crore in FY25 as against Rs 18,516 crore in the previous financial year, a growth of 35%. Consolidated PAT for FY25 was Rs 714 crore as against a PAT of Rs 596 crore in the previous financial year. Consolidated revenue and PAT for Q4 FY25 was Rs 6,182 Cr and Rs 188 Cr respectively, a growth of 37% and 36% respectively. Standalone revenue (India) and PAT for Q4 FY25 was Rs 5,350 Cr and Rs 185 Cr respectively, a growth of 38% and 41% respectively. Middle East revenue and PAT…

08 May

‘False And Baseless’: JioStar Denies Reports Of ‘Cyber Intrusion’, Says User Data Secure

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#JioStarDeniesCyberIntrusion Mumbai: JioStar on Wednesday denied reports of a cyber attack, assuring users that their data and streaming services remain secure and uncompromised. The Reliance-owned OTT platform said news reports in certain regional publications about a “cyber intrusion" of its IT systems are “false and utterly baseless", and that their core servers remain protected. https://twitter.com/RIL_Updates/status/1920174502434255179 “We wish to clarify that news reports in certain regional publications regarding an attempted cyber intrusion of JioStar’s IT systems are false and utterly baseless," read a media statement released by Reliance Industries Limited on its official social media handle on X. “We would like…

07 May

Paytm Q4 FY 2025 Revenue of ₹1,911 Cr; EBITDA Before ESOP and PAT improved to ₹81 Cr and ₹(23) Cr, respectively

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#PaytmRevenue1911Cr - Maintained a robust cash balance of ₹12,809 Cr as of March 2025 Chandigarh: Paytm (One97 Communications Limited), India’s leading payments and financial services distribution company and the pioneer of mobile payments, QR codes, and Soundbox, has announced its financial results for Q4FY25, reporting EBITDA before ESOP profitability in line with its guidance. The company continues to focus on payments and distribution of financial services for sustainable, profitable growth. The company reported revenue growth of 5% quarter-on-quarter, reaching ₹1,911 Cr in Q4FY25, including UPI incentives of ₹70 crore. EBITDA Before ESOP, including UPI incentive was at ₹81 Cr. Excluding…