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Eris Lifesciences vends the entire interest it holds in the deadweight of two components for Therapeutics Ltd. to Eris for Rs 861.9 crore, thus connecting up with its core business growth, which is a strategic focus.
Indian Hotels Company (IHCL) delivered impressive Q3 FY25 results, reporting a 33% increase in profit, driven by strong revenue growth and improved margins. The hospitality giant’s performance exceeded analysts' expectations, highlighting its resilience and strong position in the luxury hotel sector.
Rajoo Engineers has reported a 54.35% rise in net profit for the December 2024 quarter, reaching Rs 9.40 crore. Despite a 6.66% decline in sales, the company’s strong operational efficiency and improved profit margins helped drive substantial profitability. Explore the key factors behind this remarkable performance.
Shyam Metalics' December 2024 production figures paint a complex picture: impressive growth in key segments like stainless steel is juxtaposed with declining average realizations, raising questions about profitability.
IOL Chemicals and Pharmaceuticals has approved its first-ever five-for-one stock split, increasing liquidity and making its shares more accessible to investors. Learn how this move could impact shareholders and the company’s growth prospects in 2025.
Reliance Industries has acquired Karkinos Healthcare for Rs 375 crore, strengthening its healthcare portfolio. This acquisition positions Reliance to expand its presence in the growing field of cancer care, leveraging Karkinos' innovative solutions for early detection and diagnosis.
Western Carriers shares rose by 4% after the company secured an Rs 8-crore order from Tata International for container rake movement. This new contract highlights the company’s strong position in the logistics sector and could drive future growth.
Shree Cement has announced an investment of Rs 800 crore to establish a new cement plant in North-East Bihar. With an annual production capacity of 2 million tonnes, this expansion aims to boost local infrastructure, create jobs, and strengthen the company’s presence in Eastern India.
Zomato has raised Rs 8,500 crore through a Qualified Institutional Placement (QIP) to strengthen its balance sheet and accelerate growth. This significant funding will help the food delivery giant expand operations, invest in technology, and explore new business opportunities, positioning it for long-term success in the competitive Indian food tech market.
Goyal Salt has reported a stellar performance for H1FY25, with revenues growing by 59.67% and PAT soaring 2.87 times. Key drivers of this growth include a historic raw material procurement and a significant government contract. Learn more about how the company is positioning itself for continued success in the salt industry.