Subros reports weak Q3FY18 result
Subros reports weak Q3FY18 result

Subros reports weak Q3FY18 result

Nidhi Jani Article rating: 4.3

Company has witnessed rise in material cost due to change in product mix, increased commodity prices, sales of new models compensated with cost optimization initiatives.

Supreme Industries reports mixed performance in Q3FY18
Supreme Industries reports mixed performance in Q3FY18

Supreme Industries reports mixed performance in Q3FY18

Nidhi Jani Article rating: 5.0

Its consolidated revenue for the quarter came in at Rs. 1,278.3 crore, registering 15.4 per cent yoy increase. This was led by jump in revenue from Industrial products and Plastic piping products by 28.6 per cent and 18.6 per cent, respectively.

TVS Motors : Q3FY18 Result
TVS Motors : Q3FY18 Result

TVS Motors : Q3FY18 Result

Nidhi Jani Article rating: 5.0

 Its standalone revenue for the quarter came in at Rs. 3,684.95 crore, registering 13.7 per cent yoy increase. EBITDA for the quarter rose by 31.3 per cent yoy to Rs. 286.79 crore with a corresponding margin expansion of 104 bps.

KSB Pumps shines backed by NPCIL orders
KSB Pumps shines backed by NPCIL orders

KSB Pumps shines backed by NPCIL orders

Nidhi Jani Article rating: 5.0

KSB Pumps has received orders of around Rs. 413 crores from Nuclear Power Corporation of India Limited (NPCIL). The orders are for supply of primary coolant pumps and electric motor along with auxiliaries and accessories for NPCIL's Gorakhpur Haryana Anu Vidyut Pariyojana – 1 & 2.

Q3FY18 Result: UPL
Q3FY18 Result: UPL

Q3FY18 Result: UPL

Nidhi Jani Article rating: 4.3

The company reported PAT of Rs. 562 crore which represents a sequential QoQ increase of 87.33 per cent and a YoY increase of 20.86 per cent.

Salasar Techno Engineering jumps 5 per cent backed by orders from RJIO
Salasar Techno Engineering jumps 5 per cent backed by orders from RJIO

Salasar Techno Engineering jumps 5 per cent backed by orders from RJIO

Nidhi Jani Article rating: 4.2

Salasar Techno Engineering has received new additional order of Rs. 94 crore from Reliance Jio. With this order, company continue to command a strong presence in the supply and erection of telecom towers.

Panacea Biotech jumps 8 per cent on collaboration with SII
Panacea Biotech jumps 8 per cent on collaboration with SII

Panacea Biotech jumps 8 per cent on collaboration with SII

Nidhi Jani Article rating: 5.0

Panacea Biotech has signed two agreements with Serum Institute of India (SII) and Bilthovan Biologicals (BBIO). Under this collaboration, SII is entitled to manufacture and sell fully liquid whole cell Pertussis (wP) and salk-based injectable polio vaccine (IPV), developed by Panacea Biotech.

Dredging Corporation bags contract from Cochin Port
Dredging Corporation bags contract from Cochin Port

Dredging Corporation bags contract from Cochin Port

Nidhi Jani Article rating: 3.7

Dredging Corporation of India (DCI) secures Rs. 88.51 crore contract for dredging of channels and basins at Cochin Port through a competitive bidding process. DCI is the only PSU in the dredging sector in India.

Motherson Sumi partners with Ossia to develop Cota technology
Motherson Sumi partners with Ossia to develop Cota technology

Motherson Sumi partners with Ossia to develop Cota technology

Nidhi Jani Article rating: 4.5

Motherson Sumi Systems, through its subsidiary Samvardhana Motherson Automotive Systems Group B.V. (SMRPBV), announced the formation of Joint Venture with Ossia to bring real wireless power to the automobile.

DEN Networks to acquire stake in VBS Digital to grow in UP
DEN Networks to acquire stake in VBS Digital to grow in UP

DEN Networks to acquire stake in VBS Digital to grow in UP

Nidhi Jani Article rating: 4.5

DEN Networks has entered into an agreement with VBS Digital for acquiring 51 per cent stake at a consideration of Rs 2.64 crore payable in cash. This acquisition will strengthen DEN Network’s reach in the state of Uttar Pradesh.


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