Indostar Capital receives funding of Rs 1,225 crore
Indostar Capital receives funding of Rs 1,225 crore

Indostar Capital receives funding of Rs 1,225 crore

Amir Shaikh Article rating: 4.0

On Wednesday, non-banking finance company (NBFC), Indostar Capital Finance made an announcement of the primary equity funds of Rs 1,225 crore it raised from Brookfield Business Partners L.P. and its institutional partners

Tata Motors Ltd raises Rs 1,000 crore via NCDs
Tata Motors Ltd raises Rs 1,000 crore via NCDs

Tata Motors Ltd raises Rs 1,000 crore via NCDs

Amir Shaikh Article rating: 5.0

The NCDs are proposed to be listed on wholesale debt market (WDM) segment of BSE and NSE. Besides, the interest payable on it is 8.8 per cent per annum

Colgate-Palmolive reports Q4FY20 PAT of Rs 204 crore
Colgate-Palmolive reports Q4FY20 PAT of Rs 204 crore

Colgate-Palmolive reports Q4FY20 PAT of Rs 204 crore

Amir Shaikh Article rating: 3.8

Colgate-Palmolive reported its fourth quarter of FY19 result today. Revenue for the quarter came in at Rs 1,071.26 crore, registering six per cent YoY decline

UltraTech Cement PAT jumps three-fold in Q4FY20
UltraTech Cement PAT jumps three-fold in Q4FY20

UltraTech Cement PAT jumps three-fold in Q4FY20

Amir Shaikh Article rating: 5.0

The company continues to reduce its debt and as on Q4FY20, its consolidated net debt was at Rs 16,860 crore as against Rs 22,111 in the corresponding quarter of the previous year

L&T Infotech reports stellar Q4FY20 numbers
L&T Infotech reports stellar Q4FY20 numbers

L&T Infotech reports stellar Q4FY20 numbers

Amir Shaikh Article rating: 2.8

Larsen & Toubro Infotech (LTI) reported stellar performance amid a challenging time. Its consolidated revenue for the quarter came in at Rs 3,011.9 crore, registering 7.14 per cent QoQ increase. This was primarily driven by growth across all the verticals. BFSI and Manufacturing segment, which are the top two major revenue contributors

Nesco reports 26 per cent YoY growth in revenue
Nesco reports 26 per cent YoY growth in revenue

Nesco reports 26 per cent YoY growth in revenue

Amir Shaikh Article rating: 3.7

Nesco’s consolidated revenue for the fourth quarter of FY20 was up by 25.9 per cent YoY to Rs 117.75 crore. This was primarily due to 86 per cent YoY jump in the IT Park revenue

Laurus Labs receive ANDA approval; stock shines
Laurus Labs receive ANDA approval; stock shines

Laurus Labs receive ANDA approval; stock shines

Amir Shaikh Article rating: 3.7

Laurus Labs today informed the bourses that it has received an approval from USFDA under President’s Emergency Plan for AIDS Relief (PEPFAR) for two abbreviated new drug applications (ANDAs)

Aarti Drugs report stellar PAT growth
Aarti Drugs report stellar PAT growth

Aarti Drugs report stellar PAT growth

Amir Shaikh Article rating: 4.0

PAT for the quarter came in at Rs 58.86 crore, with YoY increase of 114.5 per cent. The company holds a strong cash balance of Rs 764 crore, which is almost 38 per cent of its current market capitalisation.

Zensar Technologies report 75 per cent QoQ PAT growth
Zensar Technologies report 75 per cent QoQ PAT growth

Zensar Technologies report 75 per cent QoQ PAT growth

Amir Shaikh Article rating: 3.7

ensar Technologies reported stellar operational performance in the fourth quarter of the fiscal year 2019-20. Profit after tax surged nearly 74.8 per cent QoQ to Rs 72 crore

PNC Infratech secures order worth Rs 1,412 crore; stock shines
PNC Infratech secures order worth Rs 1,412 crore; stock shines

PNC Infratech secures order worth Rs 1,412 crore; stock shines

Amir Shaikh Article rating: 4.3

PNC Infratech Limited informed the bourses on Wednesday that it has been declared as the L1 (lowest) bidder for NHAI project of 53.95 km long four-laning of Meerut-Nazibabad section of NH-119

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