STOCK MARKET NEWS - HNITV

One 97 Communications Limited:- As India’s Leading Financial Services Distribution Platform, Paytm to Focus on Its Insurance Distribution Business, Withdraws General Insurance Manufacturing Application ➡️ Doubles down on insurance distribution of Health, Life, Motor, Shop & Gadgets Coverage, withdraws General Insurance manufacturing application ➡️ Drive innovation in small ticket insurance products for consumers and small merchants , leveraging core strength of payments distribution ➡️ Strengthens partnership with Digit, Acko, ICICI Lombard, New India, Bajaj Allianz, TATA AIG, Aditya Birla Health, and Universal Sompo to grow insurance distribution segment

Excel Industries Limited:- Excel Industries Limited entersinto a Long-term supply Agreement with a multinational company

Adani to set up a 225 MW solar power plant in Purapura, Kerala

🟢Adani Ports to replace Wipro in Sensex from June 24. Excited?

ANDHRA PETROCHEM: Q4 SL NET PROFIT 439M RUPEES VS 60M (YOY) REVENUE 2.78B RUPEES VS 1.62B (YOY) EBITDA 583M RUPEES VS 86M (YOY) EBITDA MARGIN 20.94% VS 5.32% (YOY)

ASHIMA: Q4 SL NET PROFIT 957M RUPEES VS LOSS 59M (YOY) REVENUE 1.46B RUPEES VS 382M (YOY) EBITDA 634M RUPEES EBITDA MARGIN 43.34% CO HAS AN DEFERRED TAX OF 350M RUPEES PROFIT BEFORE EXCEPTIONAL ITEMS AND TAX 608M RUPEES

Sundaram Finance Limited:- Sundaram Finance logs highest-ever disbursements of Rs. 26,163 crores, 25% over FY23; AUM grows 27% to Rs. 43,987 crores Net profit for FY24 up by 23% at Rs. 1,334 crores (excluding exceptional item); Q4FY24 PAT up by 22% at Rs. 386 crores (excluding exceptional item) Continued improvement in asset quality with Gross Stage 3 assets at 1.26% (1.66% as of March 31, 2023) and Net Stage 3 assets at 0.63% (0.86% as of March 31, 2023) Disbursements for Q4FY24 up by 18% over Q4FY23 ROA at 3.18% for FY24 (2.84% for FY23) Capital Adequacy Ratio at 20.5% (22.8% for FY23) 160% final dividend (Rs. 16/- per share) declared

DOMS Industries Limited:- Strong Revenue Growth coupled with Impressive Margin Profile 👉 Revenue for FY24 up by 26.8% y-o-y at ₹ 15,371.4 Mn 👉 EBITDA for FY24 up by 46.1% y-o-y at ₹ 2,727.3 Mn 👉 PAT for FY24 up by 55.2% y-o-y at ₹ 1,596.6 Mn

Pritika Auto Industries Limited :- Quarterly Production volume at 8,813tons FY24Production volume at 36,772 tons FY24 Net Revenue at Rs. 342.09 crore FY24 Profit after Taxis Rs. 16.85 crore