DSIJ Mindshare

On Friday, Indian equity markets ended on a negative note

Talking about the financials, Atishay has a market cap of Rs 35.89 crore. The company reported excellent numbers in both quarterly results and annual results. The net sales increased by 90 per cent to Rs 6.72 crore and the net profit skyrocketed by 130.55 per cent to Rs 0.11 crore in Q1FY24 compared to Q1FY23. The net sales increased by 8.66 per cent to Rs 21.46 crore and the net profit skyrocketed by 490 per cent to Rs 0.65 crore in FY23 compared to FY22.

Strong corporate governance practices help mitigate insider trading, fostering a level playing field for all market participants

The Indian government has set a target of achieving 20 per cent ethanol blending in gasoline by 2025, which will be known as E20. Including the aforementioned order, the company has successfully added orders worth over Rs 1,000 crores across its various business divisions, product segments, and JVs during the current fiscal year.

The company recently signed a power purchase agreement for a 300 MW renewable energy project.