The company said it has bagged orders for Indian Defence Network Project from L&T Construction.
Most defence-related stocks gained ground on Monday post the development with Bharat Dynamics up nearly 8 per cent at Rs 452 on the BSE
"This decision will offer a great opportunity to the Indian defence industry to manufacture items on the negative list by using its own design and development capabilities," the govt said.
Net profit or profit after tax (PAT), was up 1.1 per cent to Rs 39.58 crore.
Total income during the April-June period of the current fiscal dipped to Rs 1,251.50 crore from Rs 1,722.79 crore in the year-ago period
It's revenue from operations grew 20.37 per cent at Rs 89.77 crore during the period under review, while EBITDA stood at Rs 22.5 crores, up 20% YoY
Blackstone will acquire 100 per cent control of around 20 million square feet of commercial space, including 16 million sq ft of ready and completely leased assets, the report said
The company reported a net profit of Rs 492.06 crore for the quarter
Here's a list of stocks that may remain in focus today
Among major earnings to be announced this week are Titan, Aurobindo Pharma, Bank of Baroda, BPCL, Hero MotoCorp, and MRF
The stock of Cochin Shipyard has maintained a strong bottom near 320 levels and has given a bullish positive candle to imply strength
Sebi had directed exchange to transfer this income to a bank account pending probe
Lender plans to raise additional tier-I capital of Rs 1,500 crore each in second and third quarters of FY21
The risk-on sentiment has been fuelled by continuous liquidity injection provided by major central banks across the globe, especially the US Federal Reserve
Those invested in YES Bank's Rs 15,000-crore follow-on public offering (FPO) had something to cheer last week
The P/E for Bharti Airtel and Avenue Supermarts is currently below the pre-Covid levels. Reliance Industries, Cipla, Havells India, and Eicher Motors have seen the maximum P/E expansion
Improving realisations and cheaper raw material should help profitability, though domestic demand is yet to reach pre-Covid levels
The corporate fundamentals have been improving over the quarter and making many bluechip companies attractive for FPI investors
Besides, investors will keep tracking latest developments and trends on the Covid-19 pandemic front, like data on infection cases and fatality rates as well as update on vaccine trials
The company reported a sharp 21 per cent decline in revenues in the US, much higher than its peers