Shares Archives - Page 75 of 98

14 May

Shree Cement announces Q4 EBITDA surge 46% QoQ led by focus on pricing and operational efficiency

MFNewsBreaking News, Business, Shares, Technology

#ShreeCementQ4FY25results Chandigarh: Shree Cement, India’s third largest cement group by capacity, today announced its financial results for the quarter and year ended on 31st March, 2025, reflecting a robust performance. On sequential quarter basis, the Company reported a 142% rise in profit after tax to ₹556 crore, 24% rise in revenue to reach an all-time high of ₹5,240 crore while EBITDA surged by 46% to ₹1,381 crore. Financial Highlight ₹ in crore Particulars Quarter ended 31st March, 2025 31st March, 2024 31st December, 2024 Net Revenue from Operations 5,240 5,073 4,235 Operating Profit (EBITDA) 1,381 1,327 947 Profit after Tax…

14 May

Vedanta Commits To Powering India’s Tech Sector With Transition Metals & Value-Added Products

MFNewsBusiness, Health, Opinions, Shares, Technology

#VedantaValueAddedProducts Chandigarh: On National Technology Day, Vedanta Limited, India’s leading producer of energy transition metals commits to powering India’s technology and engineering sector through its thrust on value-added and sophisticated range of metals. Vedanta is expanding its value-added products for its zinc and aluminium products. The company has forayed into zinc alloys with a 30 KTPA plant while the aluminium business plans to significantly boost the share of value-added products in its portfolio to over 90% in the near-term. For its aluminium capacity expansion, Vedanta's board has approved about $1.5 billion, including a smelter expansion (for additional aluminium production) and…

14 May

Club Mahindra Leads with Inclusion: Transitions Acacia Palms in Goa into an All-Women-Run Resort

MFNewsBrands, Business, Entertainment, Health, Opinions, Shares, Travel

#ClubMahindraGoaAllWomen Chandigarh, 13th May 2024: Club Mahindra, the flagship brand of Mahindra Holidays & Resorts India Limited, has announced a ground-breaking initiative with the transformation of its Acacia Palms resort in Goa into an all-women-run property under its portfolio. This initiative marks a historic milestone as Acacia Palms becomes the first resort of its kind across the Club Mahindra Portfolio. The transformation of Acacia Palms into an all-women-run resort underlines Club Mahindra’s unwavering commitment to gender diversity, inclusion, and women empowerment in the hospitality industry. From resort operations to the guest services, every aspect of the resort is managed by…

14 May

IIFL Fintech Fund Announces the Second Exit From The Fund Clocks More than 100% Return for Investors

MFNewsBreaking News, Business, Mutual Funds, Shares, Technology

#IIFLFintechFundReturn Chandigarh: IIFL Fintech Fund, India’s leading early-stage fund dedicated to fintech sector, today said that it has exited the financial data analytics firm - Finarkein Analytics – at more than double the valuation in three years of investment. This is IIFL Fintech Fund’s second exit after TrustCheckr, a fraud detection firm, which was bought by global caller identification app Truecaller in October 2023. IIFL Fintech Fund made ~80% returns on TrustCheckr investment within 18 months, when it was sold. Finarkein’s data and workflow orchestration platform allows enterprises to co-create data products on India’s emerging digital public infrastructure (DPI) like…

14 May

UPL LTD Announced 8% Revenue Growth, 175% Growth in Net Profits

MFNewsBreaking News, Business, Health, Shares, Technology

#UPLLTDRevenueGrowth Net Debt Reduction of $1.04 Bn Chandigarh: UPL Ltd, announced its financial results for the fourth quarter and full year ended March 31, 2025. Revenue increased to ₹155.7 Bn, compared to ₹140.8 Bn in Ǫ4 FY24, led by 11% volume growth and robust performance across all businesses. Commenting on the Ǫ4FY25 and full year performance, Jai Shroff, Chairman G Group CEO, UPL Ltd., said: “Our performance this year reflects the strength of our resilient core and the strategic actions we have taken to build a future-ready enterprise. The significant improvement in profitability and operational efficiency, alongside consistent revenue growth,…

13 May

Ambuja Cements empowers rural youth with EV assembly training at SEDI Bhatapara

MFNewsBrands, Business, Health, Opinions, Shares, Sports, Technology, Travel

#AmbujaCementsEVSEDI Chandigarh: Ambuja Cements, the cement and building material company of the diversified Adani Portfolio, has launched a new Electric Vehicle (EV) Assembly Operator Trade at its Skill and Entrepreneurship Development Institute (SEDI) in Bhatapara, Chhattisgarh. The initiative, driven by Ambuja Cements’ CSR arm aims to prepare rural youth for the fast-evolving electric mobility sector—equipping them with future-ready skills that align with the growing demand for green transportation across the nation. A state-of-the-art EV lab has been set up at SEDI Bhatapara, offering hands-on training on electric rickshaws, scooters, cars, battery systems, and motor controls. Building on earlier skilling efforts…

13 May

PNB Housing Finance Expands its Portfolio with new Fixed Rate Non-Home Loan Product

MFNewsBreaking News, Business, Opinions, Shares, Technology

#PNBHousingFinanceLoanProduct Chandigarh: PNB Housing Finance Limited, India’s third-largest housing finance company, today announced the launch of its new Fixed Rate Non-Home Loan (NHL) product, a high-yielding financial solution designed to cater to diverse customer needs. Applicable on non-housing loan products such as loan against property, commercial plot purchase, loan against plot, and lease rental discounting, this new solution aims at enabling customers avail easy access to credit at fixed interest rates starting 10.00%, depending on their eligibility criteria. A fixed rate of interest on mortgage solutions will help customers plan their financial journey with certainty, avoiding market fluctuations and extended loan…

12 May

Golden Day: Sensex zooms nearly 3,000 points, Nifty jumps 900 points in biggest-ever day

MFNewsBreaking News, Business, Mutual Funds, Opinions, Shares, Stocks

#GoldenDaySensexzooms2975 Mumbai: On A Golden Day In percentage terms, both indices surged 3.4 percent, notching up their second-highest gains in four years. The only bigger jump in percentage terms took place on February 1, 2021, when both indices rose by more than 4.7 percent. Benchmark indices saw a record rally on May 12, with the Sensex soared nearly 3,000 points and the Nifty 50 advanced by over 910 points, marking their biggest single-day gains in absolute terms ever. Easing border tensions between India and Pakistan significantly boosted investor sentiment, along with a significant progress in trade negotiations between US and…

11 May

Tata Chemicals Limited Consolidated revenue for the quarter ended March 2025 at ₹ 3,509 Cr

MFNewsBrands, Business, Health, Shares, Technology

#TataChemicalsrevenue3509Cr Board recommends dividend of ₹ 11 per share Chandigarh: Tata Chemicals Limited declared its financial results for the quarter and year ended March 31, 2025. Commenting on the results, R. Mukundan, Managing Director & CEO, Tata Chemicals Limited, said, “Market conditions remain challenging even as India continues to grow while China, US and Western Europe are witnessing slight declines due to reduced demand for flat and container glass. In other regions, Asia (excluding China and India) and Americas (excluding USA) demand is robust, while slight decline is observed in demand of Africa. Though demand - supply balance softens, tariff…

10 May

Pidilite Industries Limited Standalone Double digit Underlying Volume Growth (UVG*) in Q4

MFNewsBrands, Business, Opinions, Shares, Technology

#PidiliteIndustriesEBITDAUP Final Dividend proposed# at Rs. 20 per share Chandigarh: Pidilite Industries Limited, India’s leading manufacturer of adhesives, sealants and construction chemicals today announced its financial results for the quarter and year ended March 31, 2025. The current quarter’s revenue growth of 10.2% was underpinned by UVG of 9.8% across categories and geographies. Consumer and Bazaar (‘C&B’) UVG was 8.0% with sequential improvement, while Business to Business (‘B2B’) continued to report robust UVG of 16.4%. Gross Margins improved by 154 bps over Q4 FY24 and by 86 bps over Q3 FY25, primarily driven by benign input prices. A&SP spends were…