The broader outlook for the CDMO industry with small molecules is positive, and the management of Laurus Labs remains committed to its 2025 growth outlook
Shares of Bajaj Finance hit an over three-month high of Rs 7,786.20, gaining 2 per cent on the BSE in Wednesday's intra-day trade ahead of its Q3 results today
Ami Organics share price gained 17.69 per cent at Rs 2215.40 a piece on the BSE in Wednesday's intraday trade after the company delivered a significant rise in revenues and profit for Q3FY25
For Q4 the management guided for 7-8% YoY volume growth in grey cement. Meanwhile, analysts expect a growth rate of at least 10% YoY in FY26.
Shares of Syrma SGS Technology locked in upper circuit of 20% at Rs 504.35 after it reported 161% YoY jump in consolidated profit after tax at Rs 53.0 crore in the December 2024 quarter
Benares Hotels hit a new high of Rs 10,990, rallied 15% on expectations of record revenue in March quarter, due to strong domestic demand on account of Kumbh Mela and related travels in the UP region.
On the margins front, the management said they have seen a drop in this quarter due to unfavourable competitive prices from China and lower exports demand
These 15 companies accounted for 70 per cent of total fund mobilisation of Rs 93,453 crore via QIP route in the past six months, according to PRIME Database.
The BSE Smallcap index has tanked 16 per cent, compared to the 12 per cent decline in the BSE Midcap and the 3 per cent fall in the BSE Sensex, thus far in January
The company reported revenues of Rs 509 crore, up by 30% YoY, and 15.6% QoQ as against a run-rate of around 60% 9MFY25
Shares of MRF, Astral, 3M India, Adani Wilmar, Godrej Properties, IDFC First Bank, Star Healthcare, Sona BLW and Procter & Gamble Hygiene from the BSE 200 index hit 52-week lows
KPI Green Energy, Sterling & Wilson Renewable Energy, Jai Corp, PTC Industries and GMR Power & Urban Infra from the BSE A group were locked at the lower circuits in intra-day deals on Monday.
The BSE Smallcap index plunged 13 per cent, as against the 10 per cent decline in the BSE Midcap index, and the 3.3 per cent fall in the BSE Sensex, so far in the month of January 2025
The Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI) reported a loss of Rs 99.5 crore in December 2024 quarter, led by higher provision at Rs 752 crore
Shares of Sobha hit a 52-week low of Rs 1,148.30, down 6% in intra-day trade, falling below its previous low of Rs 1,176.01 touched on March 18, 2024.
Thus far in the month of January 2025, the BSE IPO index has tanked 11 per cent, as against 2.6 per cent decline in the BSE Senex.
Shares of MPS hit a record high of Rs 2,513.40, as they rallied 14 per cent on the BSE in Friday's intra-day trade in otherwise weak broader market.
Going forward, UltraTech expects to generate a sustainable volume growth of 7- 8% on likely government focus on infrastructure and housing projects, alongside increased rural and urban demand.
While the company's long-term prospects are promising, the volatility in earnings and the uncertain near-term outlook warrant a more cautious approach, according to analysts.
Management guides FY25E revenue growth of 18 per cent plus YoY, as orders from assembly segment (higher margin product) have gradually increased its share in the order book.