Kaynes Technology tumbled 27% in 3 days after a domestic institution flagged inconsistencies in FY2025 disclosures, sparking panic despite management clarifications.
IndusInd Bank, PG Electroplast, Five-Star Business, Cohance Lifesciences and Praj Industries have shed 20% in the last 7 months, while the Nifty and Nifty 500 have rallied up to 18%, shows data.
PG Electroplast's subsidiary, Next Generation Manufacturers, entered into a Memorandum of Understanding (MoU) with the Government of Maharashtra
PG Electroplast shares jumped 6.1 per cent on Wednesday, after the company signed a definitive agreement with PAX India to manufacture Point-of-Sale (POS) devices in India
The Nifty Consumer Durable Index, which tracks the performance of 15 stocks in the consumer durables sector, jumped by 3.14 per cent, reaching an intra-day high of 38,503
The early arrival of the monsoon impacted seasonal sales for Room ACs, making Q1 a more subdued start to the year.
PG Electroplast hit a nine-month low at ₹588.80, as the stock cracked 20% on the BSE after the company reported a weak set of numbers for the quarter ended June 2025 (Q1FY26).
At 09:15 AM; as many as 17.3 million equity shares representing 6 per cent of total equity of PG Electroplast changed hands on the BSE, the exchange data shows.
PG Electroplast Ltd (PGEL), a contract manufacturer of consumer electronics and home appliances, has reported a two-fold jump in consolidated net profit to Rs 146.38 crore in the March quarter of FY'25 led by strategic expansion in products, capacity and increase in operational efficiencies. It had posted a consolidated net profit of Rs 71.58 crore in the January-March quarter a year ago, according to a regulatory filing by PG Electroplast Ltd (PGEL) on Monday. PGEL's revenue from operations was up 77.4 per cent to Rs 1,909.85 crore in the March quarter. It was at Rs 1,076.57 crore in the corresponding quarter a year before. Total expenses of PGEL were Rs 1,749.79 crore in the March quarter, up 76.84 per cent. Its total revenue was up 78.68 per cent to Rs 1,929.72 crore in the March quarter. For the financial year ended March 31, 2025, PGEL's net profit was up two-fold to Rs 290.92 crore, from Rs 137.01 crore a year before. In FY25, PGEL's total consolidated income rose 77.73 per
PG Technoplast Private Limited, a subsidiary of PG Electroplast, received a sanction letter from IFCI Limited a Government of India
While many consumer durables companies reported disappointing earnings, missing their profit estimates due to lower margins, the EMS players exceeded expectations with strong revenue and profit growth
The rally in these shares was sparked after the companies signed a Definitive Agreement, for contract manufacturing of select models of Whirlpool branded semi-automatic Washing Machines
On December 10, the company allotted 21.5 million to QIBs, including Motilal Mutual Fund, Nippon Mutual Fund, Kotak Mutual Fund and Axis Mutual Fund, at Rs 699 per share
Since November 19, in 12 trading days, PG Electroplast stock price has surged 32% after the company announced a foray into EV manufacturing with an agreement with Spiro Mobility
PG Electroplast hit a new high of Rs 718.35, surged 15 per cent after the company said its subsidiary PG Technoplast has entered into electric vehicle assembly and lithium-ion battery assembly
PG Electroplast's board will consider raising funds via issuance of any instruments or securities, through private placement, preferential issue, rights issue, or qualified institutions placement
PG Electroplast stock hit a new high of Rs 675, as they rallied 7 per cent on the BSE in Wednesday's intra-day trade in otherwise subdued market strong growth outlook.
Management sees increased opportunities in the existing and new clients based on the current business environment.
PGEL forecasts revenues of Rs 3,400 crore, a growth of 23.8 per cent over FY24 consolidated revenues, despite the transfer of the TV business to Goodworth Electronics
On the domestic front, investor attention is focused on forthcoming manufacturing data and the Q4 results of major players such as ITC, IndiGo, and Fortis Healthcare