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Hindalco announces Q4FY24 results, net profit up by 32%

Hindalco announces Q4FY24 results, net profit up by 32%

24 May 2024

In Q4FY24, the company exhibited strong financial growth and improved operational efficiency compared to Q4FY23. Despite stagnant revenue from operations, the company saw a remarkable 32% increase in net profit, reaching Rs.3,174 crore. Moreover, EBITDA surged by 23.7%, indicating enhanced profitability and better management of operational costs. The EBITDA margin also saw a significant uptick, …

Expleo Solutions Reports 10.5% Q4 Revenue Increase for FY 2024

Expleo Solutions Reports 10.5% Q4 Revenue Increase for FY 2024

24 May 2024

On May 23, 2024, at midnight, Expleo Solutions Limited announced their financial results for the quarter ended March 2024 and FY 2024. In FY 2024, the company’s total revenue was up by 5.8% Y-o-Y to ₹9,724 million. Financial Performance in FY 2024 In the financial year 2024, the company’s operating revenue stood at ₹9,649 million, …

Technical Picks to Keep an Eye On: LIC Housing Finance and KPIT Technologies

Technical Picks to Keep an Eye On: LIC Housing Finance and KPIT Technologies

24 May 2024

Technical analysis identifies LIC Housing Finance and KPIT Technologies upside potential stocks. Both stocks have displayed promising structures and technical setups, including price volume contraction, and the potential to bounce back and breakout. Currently trading at Rs 653.25 and Rs 1,535.45 respectively, their price aligns with positive signals from technical indicators like RSI and ADX, …

Aurionpro Transit Teams Up with Fime for Transit Solutions

Aurionpro Transit Teams Up with Fime for Transit Solutions

24 May 2024

On May 24, 2024, Aurionpro Solutions Limited informed the stock exchanges that the company’s subsidiary, Aurionpro Transit, has entered into a strategic collaboration with Fime to explore opportunities in transit ticketing, payments, and fare collection projects worldwide. Fime is a leading provider of consulting and testing services for payment systems. Aurionpro Solutions Limited stated that …

Azad Engineering Secures Defence Contract From Research Arm Of Drdo And Ministry Of Defense

Azad Engineering Secures Defence Contract From Research Arm Of Drdo And Ministry Of Defense

24 May 2024

Nation Pride Contract with GTRE AZAD Engineering has recently secured a prestigious nation pride contract from the Gas Turbine Research Establishment (GTRE), a pioneering Research and Development Organization under DRDO (Defence Research and Development Organisation) and the Ministry of Defence, Government of India. The contract involves the end-to-end manufacturing, assembly, and integration of a complete …

Phenylephrine Hydrochloride Eye Drops by Caplin Steriles Receive USFDA Nod

Phenylephrine Hydrochloride Eye Drops by Caplin Steriles Receive USFDA Nod

24 May 2024

On May 24, 2024, Caplin Point Laboratories Limited informed the stock exchanges that the company’s subsidiary, Caplin Steriles Limited, has received final approval from the United States Food and Drug Administration (USFDA). The approval is for its Abbreviated New Drug Application (ANDA) for Phenylephrine hydrochloride Ophthalmic Solution USP 2.5% and 10% (eye drops). Phenylephrine hydrochloride …

DroneAcharya and Airbots Forge Strategic Partnership for Agricultural Drone Solutions

DroneAcharya and Airbots Forge Strategic Partnership for Agricultural Drone Solutions

24 May 2024

On May 24, 2024, DroneAcharya Aerial Innovations Limited, in a stock exchange filing, announced a strategic partnership with Airbots Aerospace Technologies Private Limited via a Memorandum of Understanding (MOU). The company stated that this collaboration aims to enhance their combined initiatives in the drone sector, particularly agricultural applications. As per the agreement between DroneAcharya Aerial …

Jagsonpal Introduces India’s First Hormone Replacement Therapy

Jagsonpal Introduces India’s First Hormone Replacement Therapy

24 May 2024

On May 24, 2024, Jagsonpal Pharmaceuticals Limited informed the exchanges about the launch of MemUp, India’s first hormone replacement therapy (HRT) that features a US FDA-approved combination of bioidentical estradiol and bio-identical progesterone in a single daily oral capsule. MemUp represents a major advancement in women’s healthcare, providing an innovative solution for managing vasomotor symptoms …

Biocon and Handok Ink Exclusive Deal for Liraglutide Commercialisation in South Korea

Biocon and Handok Ink Exclusive Deal for Liraglutide Commercialisation in South Korea

24 May 2024

On May 24, 2024, Biocon Ltd announced in an exchange filing that the company had signed an exclusive licensing and supply agreement with Handok to commercialise its vertically integrated, complex drug product, Synthetic Liraglutide. Handok is a speciality pharmaceutical company in South Korea. It is involved in the development and distribution of healthcare solutions to …

HCLTech’s AquaSphere Wins SAP Pinnacle Award

HCLTech’s AquaSphere Wins SAP Pinnacle Award

24 May 2024

On May 23, 2024, HCL Technologies Limited (HCLTech) informed the exchanges that the company won the SAP Pinnacle Award in the Social Impact category for the HCLTech AquaSphere solution that helps companies reach their water conservation goals. The SAP Pinnacle Awards recognise leading SAP partners each year for their dedication to delivering customer value, achieving …

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