Page 3 - Eveready Industries

Eveready powers up for life after debt, but the question of control remains

After hefty provisioning for inter-group loans, the Khaitan-managed company says it is back on track. But who will be in control from here on remains an open question

Eveready Industries reports fourth quarter net loss at Rs 442.53 crore

Total expenses during the fourth quarter stood at Rs 249.81 crore as compared to Rs 219.81 crore in the same period a year ago.

Indo-National zooms 20%, Eveready Industries hits over 3-year high

Eveready Industries hit an over three-year high (highest level since April 2018) of Rs 338.70 after rising 7 per cent on the BSE in intra-day trade today

Eveready records Rs 50.43 cr profit in Dec qtr on volume growth, price hike

Profit was Rs 90.60 cr in year-ago period, but this included exceptional gain of Rs 89.55 cr from land deal in Chennai

Ind-Ra upgrades Eveready's long-term credit ratings, outlook positive

Rating agency says upgrade reflects improvement in firm's financial profile and liquidity in 1HFY21, which was continuing in 2HFY21 backed by better profitability

Eveready Industries rallies 9% on strong September quarter results

The company is expected to maintain high operating margins in the forthcoming quarters

Eveready Q2 net rises 216% to Rs 58.02 cr on higher demand, lower costs

Eveready's Managing Director, Amritanshu Khaitan said this was the highest ever quarterly profit without any other income. EBITDA margin at more than 20 per cent was also the best

We are full-out on capacity in batteries: Eveready's Amritanshu Khaitan

Eveready recorded a 234 per cent increase in profit before tax (PBT) to Rs 30.29 crore in the June quarter even as operating income fell by around 18 per cent

Eveready Industries PBT rises 234% to Rs 30.29 crore in June quarter

Eveready's Q1 PBT rises 234% on upward price revision, better product mix

MARKET WRAP: Sensex slips 171 pts amid weak global cues; RIL up over 2.5%

All that happened in the markets today.

IndusInd Bank acquires 7.82% stake in Eveready by invoking pledged shares

The bank invoked pledge on 56,83,320 shares forming 7.82 per cent of paid-up equity share capital of Eveready Industries

Eveready up 3% as India Ratings upgrades long term credit to 'IND BB+'

The upgrade reflects EIIL's improved liquidity position aided by deleveraging in 2HFY20, coupled with sustained profitability in FY20, India Ratings said in a press release

A white knight galvanises Eveready as company fights mounting debt

The Burmans of Dabur become the biggest shareholder in India's largest dry cell battery maker as the Kolkata-based promoters struggle to ring-fence their tea-to-engineering group

Khaitans likely to join hands with Burmans to run Eveready Industries

Promoters hope to ring-fence long-term interests of the firm via this partnership

Burman family increases stake in Eveready Industries by 8.48% to 19.84%

The latest increase in stake brings the Burman family holding in Eveready close to the promoter holding

Eveready hits 10% upper circuit on report of Dabur promoters picking stake

On NSE, under BL series, about 5.15 million shares, representing 7.07 per cent of total holding of Eveready Industries, changed hands at price of Rs 81.80 per share

Eveready betting on anti-China wave to boost flashlights business

A recent survey conducted by LocalCircles showed that 58% of respondents are willing to boycott Chinese firms while 42% want heavy import duties on Chinese goods to discourage their influx

Burman family increases holding in Eveready Industries to over 5%

Since the past four months, Guardian Advisors has been gradually increasing its shareholding

Eveready's Dec-quarter pre-tax profit jumps on asset sale to Rs 110 crore

The pre-tax profit, adjusted against the one-time land sale and separation costs, remained flat at Rs 21.20 crore

Eveready Ind soars 10% after Delhi HC permits sale of Hyderabad property

In September, the Calcutta High Court had restrained the company from transferring, alienating or encumbering any of its assets till the application filed by IL&FS was disposed of.