Savings Effect

ONE MOBIKWIK SYSTEMS LIMITED: RBI APPROVES NBFC APPLICATION FOR MOBIKWIK GROUP; ENABLES LAUNCH OF MOBIKWIK FINANCIAL SERVICES PRIVATE LIMITED; WILL EXPAND LENDING CAPABILITIES AND INNOVATE CREDIT PRODUCTS; FOCUSED ON TIER 2 AND TIER 3 CITIES FOR FINANCIAL INCLUSION.

AMAZON INDIA TO COMPETE ETERNAL AND SWIGGY TO TAKE ‘AMAZON NOW’ TO 100 CITIES; RAMPS UP QUICK COMMERCE PLAY|| PLATFORM TO OFFER WIDE SELECTION OF ESSENTIALS, GROCERIES, ELECTRONICS DELIVERED WITHIN MINUTES TO HOURS

DCB Bank says - Loan Growth target maintained at 18-20% - Return ratios targets: ROE t 14.5%, ROA at 1% - QIP in mid FY27, could look to raise $100 mn

SupremeInd reports #Q4Results 👇 👉Net profit up 47.5% at ₹433.6 cr vs ₹294 cr (YoY) 👉Revenue up 16.5% at ₹3,527.6 cr vs ₹3,027 cr (YoY) 👉EBITDA up 49.7% at ₹623 cr vs ₹416.3 cr (YoY) 👉Margin at 17.7% vs 13.7% (YoY)

STERLING TOOLS: CO. ENTERS TECHNICAL COLLABORATION AND SUPPLY AGREEMENT WITH NANJING HAOHANG TECHNOLOGY CO., LTD., CHINA; FOCUS ON LOCALIZING ENGINEERING AND SALES OF ADVANCED RIDER ASSISTANCE SYSTEM FOR INDIAN MARKET.

Varun Beverages Ltd reported a strong set of consolidated results for the January-March quarter, with net profit rising 20.1 percent year-on-year to Rs 878.7 crore, driven by robust volume growth across India and international markets. The beverage company’s revenue (net of excise duty) grew 18.1 percent on-year to Rs 6,574.2 crore during the quarter. The company’s earnings before interest, tax, depreciation and amortisation (EBITDA) increased 21 percent to Rs 1,528.9 crore, while EBITDA margin...

VarunBev reports #Q4Results👇 👉Net profit up 20% at ₹872.3 cr vs ₹726.4 cr (YoY) 👉Revenue up 18.3% at ₹6,721 cr vs ₹5,680 cr (YoY) 👉EBITDA up 21% at ₹1,528.7 cr vs ₹1,264 cr (YoY) 👉Margin at 22.8% vs 21.6% (YoY) 👉Revenue ex-excise up 18% at ₹6,574 cr vs ₹5,5567 cr (YoY) 👉EBITDA Ex-excise up 21% at ₹1,528.7 cr vs ₹1,264 cr (YoY) 👉Margin ex-excise at 23.2% vs 22.7% (YoY)

LODHA DEVELOPERS: MANAGEMENT UNVEILED A PLAN TO DEVELOP 1GW OF DATA CENTER CAPACITY, PROJECTING LAND SALE VALUES OF RUPEES 120B FROM FY27. - CONCALL UPDATE

L&T FINANCE: INTEND TO SET UP OVER 400 GOLD LOAN BRANCHES IN FY27

Garment Mantra Lifestyle Ltd received an order worth INR 82.81 million (8,78,650 US$) from AL Rahmat Teatiles L.L.C. Imports & Eaports

izmo Microsystems Recognized as Key Packaging Partner in India’s National Silicon Photonics Mission

Jagsonpal Pharmaceuticals Limited secures Shareholders’ Approval for Buyback Buyback of upto 16 lakh equity shares at Rs. 250/- per equity share aggregating an amount of upto Rs. 40 Crores

SunPharma extends gains, rises 9%, and records its biggest single-day gain since July 2021

Moneycontrol | Core Group Of Secys On #Divestment To Review Next Phase Of #IDBIBank Today --Panel Of Secys To Assess Revised Valuation, Bidder Appetite For IDBI Bank --It’s First High-level Review Meet w.r.t IDBI Bank Since Fresh Valuation Was Initiated

HIND ZINC IS LOOKING FOR DEMERGER SOON

HIND ZINC: CO WILL ANNOUNCE PHASE 2 OF EXPANSION IN JUL - AUG BOARD MEETING

VARUN BEVERAGES IN FOCUS – NEGATIVE; COMPETITION TO STAY HIGH AS RELIANCE AGGRESSIVELY SCALESRIL TARGETS BECOMING ONE OF INDIA’S LARGEST BEVERAGE PLAYERSSUPPLY CHAIN EXPANSION DRIVES 3.2X YOY GROWTHHIGH-SPEED BOTTLING LINES ADDED ACROSS GREENFIELD PLANTS IN 12 STATES

L&T acquires 100% stake in International Green Scape, to leverage 20 acres of land owned by IGSL in Gurugram LTRPL’s first land acquisition in the NCR micro-market, offers a development potential of approximately 3.6 million square feet

GOVT SAID TO MULL 5000 CR RELEIF PACKAGE FOR AIRLINES THIS WEEK