Friday, May 10, 2024
Friday, May 10, 2024
HomeNewsOther NewsShares in information: IRCTC, IndiGo, SJVN, Shree Cement and extra

Shares in information: IRCTC, IndiGo, SJVN, Shree Cement and extra

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The home fairness market closed on a flat observe on Tuesday. Sensex fell 16 factors to 64,958 and Nifty misplaced 5 factors to settle at 19,406.

Here’s a have a look at shares which can be more likely to stay in information right this moment.

Indian Railway Catering and Tourism Corporation

The firm logged a 30.4 % on-year rise in standalone internet revenue at Rs 295 crore for quarter ended September FY24 as income from operations climbed 23.5 % to Rs 995.3 crore led by progress throughout all segments.

Shree Cement

The cement maker recorded a 159 % rise in standalone internet revenue at Rs 491 crore for the July-September quarter over a year-ago interval. Revenue from operations rose 21 % YoY to Rs 4,585 crore with sale volumes rising 10 % YoY to eight.2 million tonnes.

Power Grid Corporation of India

The state-owned energy transmission firm logged a 3.6 % year-on-year enhance in consolidated revenue at Rs 3,781.4 crore for quarter ended September FY24. Consolidated income from operations grew by 1 % to Rs 11,267 crore in comparison with corresponding interval of final fiscal.

Cummins India

The Pune-based engine maker reported a 30 % on-year rise in standalone internet revenue at Rs 328.5 crore for July-September interval of FY24. Standalone income from operations fell 2.6 % YoY to Rs 1,900 crore in the course of the quarter.

Apollo Tyres

The tyre maker logged a 164.4 % rise in consolidated revenue at Rs 474.3 crore for the quarter ended September FY24 on wholesome monetary efficiency after fall in enter cost. Revenue from operations rose 5.4 % to Rs 6,280 crore in comparison with corresponding interval final fiscal.

SJVN

The firm has obtained a Letter of Intent for the acquisition of 200 MW solar energy from Uttarakhand Power Corporation (UPCL). UPCL intends to buy 200 MW energy at a tariff of Rs 2.57 per unit from firm’s 1,000 MW Bikaner photo voltaic undertaking.

IndiGo

IndiGo mentioned that based mostly on its preliminary evaluation and knowledge obtained from Pratt & Whitney on the engine powder metallic concern, it expects 35 plane to be grounded within the January-March quarter or fourth quarter of 2023-24. The 35 plane on floor (AOG) anticipated from January will likely be along with the planes IndiGo has grounded on account of provide chain points in the intervening time, the airline mentioned in a press launch.

KIMS

Hospital chain Krishna Institute of Medical Sciences Ltd (KIMS) reported a 4.5 % fall in internet revenue at Rs 101 crore for the July-September interval. The hospital operator’s income got here in at Rs 655 crore, clocking a 14.3 % rise from Rs 573 crore within the year-ago interval.

Zydus Lifesciences

The agency logged a 53.2 % rise in consolidated internet revenue at Rs 800.7 crore in Q2. The pharma firm had a bottomline of Rs 522.5 crore a yr in the past. Revenue climbed to Rs 4368.8 crore, 5.6 % larger than Rs 4134.7 crore final fiscal.

Also learn: Tata Power shares in focus forward of Q2 outcomes. Here are brokerage estimates

Also learn: BHEL Q2 outcomes: Loss probably slender sequentially; industrial phase to drive gross sales progress

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