Wendt India Ltd News
Why this smallcap abrasives & bearings stock tanked 20%, hits 52-week low?
Wendt (India) hit a 52-week low of ₹8,374.15, plunging 20% on the BSE in Thursday's intra-day trade after promoter Wendt GmbH announced an OFS to divest up to 37.5% of its stake in the company.
 "Why this smallcap abrasives & bearings stock tanked 20%, hits 52-week low?")
Stocks to watch today, May 15: Tata Power, Eicher, SBI, JSW Energy, Godfrey
In the previous trading session, Sensex gained 182.34 points, or 0.22 per cent, to settle at 81,330.56 level. The Nifty50, meanwhile, closed 88.55 points, or 0.36 per cent higher at 24,666.90 level.
 "Stocks to watch today, May 15: Tata Power, Eicher, SBI, JSW Energy, Godfrey")
Wendt India Q4 results: Profit slips 3.7 % to ₹12.9 cr; revenue up 8%
Wendt (India) Ltd, an abrasive and precision component manufacturer, reported a consolidated net profit of Rs 12.89 crore for the January-March 2025 quarter, the company said. The city-based company, part of the diversified Murugappa Group, had registered a profit of Rs 13.38 crore during the corresponding quarter of the previous financial year. For the year ending March 31, 2025, the consolidated net profit stood at Rs 39.48 crore, as against Rs 40.95 crore recorded during the same period last year. The consolidated total income for the January-March 2025 quarter rose to Rs 77.71 crore, from Rs 71.89 crore in the corresponding quarter of the previous financial year. For the full year ending March 31, 2025, the consolidated total income increased to Rs 242.48 crore, compared to Rs 233.95 crore in the year-ago period. The Board of Directors has recommended a final dividend of Rs 20 per share (200 per cent on the face value of equity shares of Rs 10 each). The payment of the final .
 "Wendt India Q4 results: Profit slips 3.7 % to ₹12.9 cr; revenue up 8%")
