After acquiring a ₹3,251 crore order for a sewage treatment plant in Saudi Arabia, VA Tech Wabag’s stock increased by more than 13%. The project, which reflects good financial performance and improved order intake, supports Wabag’s position in the Middle East and aligns with Vision 2030. VA Tech Wabag Shares Surge Over 13% on Securing…
The Q3FY25 earnings season began in January 2025 and is nearing its close. However, around 108 corporations are scheduled to report their financial results for next week’s December quarter. At least 240 firms, including Apollo Hospitals, Bata India, CRISIL, Eicher Motors, Grasim Industries, Ramco Industries, Patanjali Foods, Allcargo Terminals, and Varun Beverages, will report profits…
CMS Info Systems, DISA India, Thangamayil Jewellery, and three other firms’ shares are expected to remain in the limelight following announcements of corporate activities such as dividends, bonus issues, and rights offerings. According to BSE statistics, all these shares will trade ex-date tomorrow, Tuesday, February 11, 2025, following the announcements. CMS Info Systems, DISA India,…
The lower repo rate improves the availability of operating capital for auto firms. Small-cap auto stocks and auto OEM vendors were negatively impacted as more prominent automakers continued to manage the problem. As a result, experts now suggest a few small-cap automakers. The lower repo rate improves the availability of operating capital for auto firms….
The GDP growth estimate for FY26 was 6.7% at the RBI’s sixth bi-monthly meeting, a modest increase from the revised 6.6% for FY25. While Q3 and Q4 predictions for FY26 growth remained at 6.5%, Q1 and Q2 growth were lowered to 6.7% and 7%, respectively. RBI Monetary Policy: The (RBI), at its sixth bi-monthly meeting…
After Bikaji Foods reported poor Q3FY25 results, with net profit down 39% YoY to ₹28.6 crore, the company’s shares plummeted by over 13%. In the face of growing expenses and margin constraints, investors made a notable offer as EBITDA fell 26% despite a 14.5% increase in revenue. On February 7, Bikaji Foods’ stock fell by…
Sonata Software Ltd.’s profit in the quarter ended December 2024 was Rs 105 crore, down 1.4% from Rs 106 crore in the previous quarter of the current fiscal, according to the company’s consolidated financial results announced on Thursday. The software provider’s sales increased by 31% to Rs 2,843 crore in the October-December quarter, up from…
State-run Cochin Shipyard Ltd. shares have more than halved from their peak in July last year. Still, analysts at Kotak Institutional Equities believe the shipbuilder stock is not yet fully corrected. The firm expects stocks to plummet another 40% over the following year. The stock closed Thursday at ₹1411.45 on the NSE, down 1% from…
Oil and Natural Gas Corporation Ltd, GAIL India Ltd, and Garden Reach Shipbuilders & Engineers share prices were in focus on Friday, February 7, as they traded ex-dividend. The record deadline for establishing the names of members eligible to receive dividends from these firms is likewise set for February 7. According to the T+1 settlement…
Six firms, including Sun Pharma, CCI, IRB Infra, Triveni Turbine, Sharda Cropchem, and India Motor, traded ex-dividends today. This is essential information for investors who are interested in dividends. Dividend Stocks, Share Split News, Market News: On Thursday, February 6, shares of six firms saw an ex-divide. These companies include Sun Pharmaceutical Industries, Container Corporation…