Tag: StockMarket
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Piramal Enterprises Invests Rs 600 Crore in its Subsidiary Piramal Finance Limited
The Rs 600-crore investment in Piramal Finance Limited signifies a strong commitment by Piramal Enterprises to solidify its financial services business. This strategic move enhances liquidity, strengthens operational capabilities, and ensures long-term growth potential. Investors and stakeholders should view this as a positive indicator of the company’s resilience and expansion strategy.
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RVNL Wins Rs 116-Crore Railway Contract: Stock Gains as L1 Winner
Rail Vikas Nigam Limited (RVNL) secures a major Rs 115.79 crore railway electrification project, strengthening its role in India's railway modernization efforts. With strategic infrastructure upgrades, RVNL continues to drive growth and innovation.
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Kitex Garments Sees Impressive 172.26% Surge in Net Profit for December 2024 Quarter
Kitex Garments delivered an outstanding financial performance in the December 2024 quarter, with a 172.26% increase in net profit and a 68.35% rise in sales. This strong growth highlights the company's market strength and promising future prospects.
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IRCTC Soars on Strong Q3 Results, Announces Interim Dividend
IRCTC’s Q3 FY25 results show a solid 13.7% growth in net profit, driven by strong performance across its catering, tourism, and ticketing segments. The company also declared an interim dividend of ₹3 per share, reflecting its commitment to shareholder returns while continuing its growth trajectory.
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Info Edge (India) Approves Sub-division of Equity Shares
Info Edge (India) has announced a stock split, reducing the face value of its shares from Rs 10 to Rs 2. This strategic move aims to improve liquidity, make the stock more accessible to retail investors, and potentially boost market participation.
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GHCL Reports 68% Surge in Q3 Profit, Reaching Rs 168 Crore
GHCL Ltd has posted an impressive 68% growth in net profit for Q3 FY25, reaching Rs 168 crore. The surge is primarily due to lower operating expenses, highlighting the company's strong cost management strategies. Read on to explore the key drivers behind this stellar performance and what the future holds for GHCL.
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Prestige Estates Projects Sees Significant Profit Decline in December 2024 Quarter
Prestige Estates Projects faced a significant 84.78% drop in net profit for the December 2024 quarter, with sales declining by 7.87%. Despite improvements in operating margins, the company’s performance highlights the challenges in the real estate sector. Explore the key financial metrics and what this means for the company’s future.