Tridents' revenue during the quarter grew by 24.2 percent to Rs 1,391.5 crore compared to Rs 1,120.5 crore in corresponding period last fiscal with textile business growing 25 percent and paper & chemicals 22 percent YoY.
Nexii Labs Inc, will become a wholly owned step-down subsidiary of GSS Infotech.
In the current sugar year, 163 litres of ethanol are being supplied. Sugar mills are expected to double the ethanol supply by 2020.
Global research firm Morgan Stanley and Motilal Oswal expect strong and stable loan growth at 29 percent for the bank.
Its operating profit or EBITDA shed 11 percent at Rs 8.3 crore and margin was at 14.2 percent.
The breadth of the market favoured advances, with 1096 stocks advancing, 598 declining and 375 remaining unchanged. On BSE, 1421 stocks advanced, 927 declined and 148 remained unchanged.
The company posted a profit for the quarter at Rs 40.36 crore against a loss of Rs 6.82 crore in the previous period.
The company is entitled to maximum bonus of Rs 14,62,50,000 in lieu of earlier completion (210 days before the schedule completion date) of the said project.
The total order inflow in H1 FY19 for the pocess plant and nuclear equipment business of heavy engineering has reached Rs 2,661 crore.
Upon the closing of this fund raise, Info Edge India said its shareholding in Zomato stands reduced to about 27.68 percent on fully converted & diluted basis.
The United States Court of Appeals for the Federal Circuit has affirmed the District of Delaware's decision that Teva's Copaxone 40 mg/ml dosing patents are invalid as obvious.
The company has entered into a definitive agreement for the sale of its API manufacturing business unit located in Jeedimetla, Hyderabad, to Therapiva.
The breadth of the market favoured advances, with 887 stocks advancing, 680 declining and 484 remaining unchanged. On BSE, 1035 stocks advanced, 717 declined and 84 remained unchanged.
The firm’s revenue rose 39 percent to Rs 4,872 crore against Rs 3,507 crore during the corresponding quarter of last year.
For the week, the top gainers include HPCL, Bajaj Finance, IOC, Yes Bank, Bajaj Finance and Reliance Industries.
From the BSE Group A stocks, Sadbhav Engineering zoomed 16.33 percent with the stock witnessing spurt in volume by more than 5.55 times. Jai Corp jumped 14.68 percent and witnessed spurt in volume by more than 2.55 times
Nifty auto has rallied over 4 percent led by Apollo Tyres, Bajaj Auto, Mahindra & Mahindra, Maruti Suzuki, TVS Motor, Ashok Leyland, Eicher Motors and Motherson Sumi Systems.
The company has been given a work order of Rs 4.42 crore by Tribal Affair Department (Govt of Madhya Pradesh) to provide tutorial services for pro-engineering and pro-medical test preparation courses.
Macquarie said KEC International stock traded at 30 percent discount to its long-term average.
The company in its disclosure filed with the exchange said it has pledged additional 2.04 percent stake with Bajaj Finance.
The United Breweries stock was down 1.13 percent in an Indian market that was up nearly 2 percent on Friday.
The breadth of the market favoured advances, with 1480 stocks advancing, 229 declining and 346 remaining unchanged. On BSE, 1881 stocks advanced, 500 declined and 123 remained unchanged.
It will be manufactured at the group's formulations manufacturing facility at SEZ, Ahmedabad
Cost of the acquisition is not exceeding USD 15 million in two or more tranches including an earn out portion.
The share price gained more than 21 percent in the last 5 days.