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Bosch shares rise 2% on better Q4 numbers
#1 Profit grows 41.5 percent to Rs 564.4 crore Vs Rs 398.9 crore
#2 Revenue increases 4.2 percent to Rs 4,233.4 crore Vs Rs 4,063.4 crore
#3 Board recommends a final dividend of Rs 170 per share
Axiscades Technologies bags order from Bharat Electronics
AXISCADES Technologies' subsidiary Mistral Solutions has secured a large order from Bharat Electronics Limited (BEL). The order entails design, development, and supplyof eight Radar Processing Systems for the Arudhra Medium Powered Radar (MPR). With a gross order value of Rs 90 crore, the systems will be delivered over a span of four years.
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Transformers and Rectifiers supplies 220 MVA electric arc furnace transformer
Transformers and Rectifiers India has successfully tested and supplied 220 MVA, Electric Arc Furnace Transformer, World’s Third Largest. This transformer is supplied to one of the world’s leading company engaged in production of steel plants.
Divis Laboratories shares up 3% as Q4 profit gains 67%
#1 Profit surges 67.6 percent to Rs 538 crore Vs Rs 321 crore
#2 Revenue increases 18 percent to Rs 2,303 crore Vs Rs 1,951 crore
#3 EBITDA spikes 50.1 percent to Rs 731 crore Vs Rs 487 crore
#4 EBITDA margin expands 670 bps to 31.7 percent Vs 25 percent
Adani Enterprises, Adani Energy Solutions boards to approve $3.5-4 billion fundraise
NTPC net profit rises 33% to Rs 6,490 crore in Q4; declares final dividend
Foreign investors may no longer be Overweight India, says Chris Wood