Black Box Ltd News

Nifty outlook: 23,000-23,200 crucial support; near-term rebound likely

Black Box and Adani Ports present attractive technical buying opportunities, while the Nifty remains weak but could see a short-term bounce from key support levels.

Black Box Q1 result: Net profit rises 18% to ₹56 cr, revenue at ₹8,986 cr

Essar group's IT arm Black Box has posted an 18 per cent increase in consolidated profit at Rs 56 crore in the June quarter, driven by a stronger order book and contribution from its recently acquired Brazilian business, 2S, the company said on Thursday. Black Box had posted profit of around Rs 47 crore in the same period a year ago. The company's revenue from operations grew by about 83 per cent to Rs 8,986 crore during the reported quarter from Rs 4,901 crore a year ago. "We have entered FY'27 with strong momentum, delivering our highest-ever quarterly revenue of Rs 1,719 crore, up 24 per cent YoY, driven by improved execution of our expanding backlog and the contribution from our recently acquired Brazilian business, 2S. "Strong order bookings of USD 339 million lifted our backlog to an all-time high of USD 949 million, providing greater visibility and a strong foundation for sustained growth," Black Box, Whole-time Director and Chief Executive Officer, Sanjeev Verma said in a .

Black Box wins $131 million data centre order from US hyperscaler

Digital infrastructure services provider Black Box will execute a major US data centre project over about three years, with further expansion expected

Black Box and AIONOS collaborate to accelerate enterprise AI adoption

Black Box and AIONOS partner to accelerate enterprise AI transformation by combining digital infrastructure with AI platforms for global-scale deployment

Black Box rallies 11% on huge volumes; stock zooms 95% since April

In a clarification to the stock exchanges on surge in trading volume, Black Box said there was no undisclosed / price sensitive information or any impending announcement / corporate action.

Black Box raises ₹386 cr via warrant conversion, promoters invest ₹200 cr

Digital infrastructure solutions provider Black Box, an Essar Group firm, on Monday said it has raised Rs 386.36 crore through the conversion of warrants into equity shares, with promoters contributing Rs 200 crore to the total infusion. The company converted over 92.65 lakh warrants at an issue price of Rs 417 per share, according to a regulatory filing. "Black Box Limited today announced the successful receipt of Rs 386.36 crore pursuant to the conversion of warrants issued on September 27, 2024All warrant holders have exercised their rights in full, with no forfeiture or withdrawal. "Promoters participated meaningfully in the issue, contributing Rs 200 crore, representing 51.76 per cent of the total infusion," the filing said. Following the conversion, the promoter shareholding in the company has increased to 69.99 per cent. Black Box CEO Sanjeev Verma said the capital infusion strengthens the company's balance sheet and provides flexibility to accelerate its growth agenda, sca