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Suzlon Energy was once considered the pioneer in alternate energy and its chairman, Tulsi Tanti, had pioneered the concept to India long before it became a national economic goal. However, over time, weak demand and excess debt pushed the company int
India Railway Catering and Tourism Corporation (IRCTC), the listed arm of the Indian Railways, announced its results for the fourth quarter ended March 2023 on 29th March 2023. For the quarter, it announced 30.4% higher net profits at ₹279 crore as
For the quarter ended March 2023, the numbers of Adani Transmission Ltd (ATL) were fairly impressive. The net profits on a stand alone basis were up 85% in the quarter on a yoy basis while the consolidated profits were up 69.6% yoy at ₹389 crore fo
The Bank Nifty is on a roll, especially after the sharply improved performance of banking sector companies in the last one few quarters. We will come back to the performance story later. Obviously, a handful of banks like HDFC Bank, ICICI Bank, SBI a
125% dividend declared; stock soars surged 3%. Quarterly Performance Today Time Technoplast Ltd declared its result for Q4FY23 and year-end, In comparison to the same quarter last year, the company'
Angel tax is what Indian start-ups are really worried about now. Remember, this angel tax was first introduced in the year 2012. The logic of then finance minister, Dr. Pranab Mukherjee, was quite simple. The concept of a private closely-held company
You could almost say it is raining dividends this year. It is not just the PSU companies but even private sector companies where promoters hold a substantial stake have been generously paying dividends. Limited capex needs and a surge in cash flows h
One of the most controversial items in the Union Budget 2023-24 was the reintroduction of the Angel Tax; or the tax on unfair profits in private unlisted companies. The idea of Angel Tax was first mooted in the Union Budget 2013-14 and had a good int
The company has an order book of Rs 20,500 crore. Agreement for Tolling and Operations & Maintenance The IRB Golkonda Expressway, a Project SPV of India’s leading and the largest integrated multi-national infrastructure
Godrej Industries Ltd, Macrotech developers Ltd and Emami Ltd witnessed a volume burst in the last 75 minutes of the trade. As the saying goes, the first, as well as the last hour of
Shares of the company have gained more than 35% on a YTD basis. Product has an estimated market size of around $51.4 million Aurobindo Pharma’s wholly owned subsidiary company - Eugia Pharma Specialties has received final approval
The company provides cutting-edge, full-service solutions for water and wastewater treatment systems, brewing, biofuels, and industrial operations. Praj Industries has been given approval in principle to establish a joint venture company (JV
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