Prime Focus Limited (PFL), a leading media and entertainment services provider, announced a significant financial manoeuvre to bolster its position. This strategic move involves converting a substantial loan owed by Prime Focus Technologies Limited (PFT), an unlisted material subsidiary of PFL, into equity shares of PFT. Conversion Details and Rationale On May 29, 2024, PFL …
On May 30, 2024, PTC Industries Limited, a renowned producer of precision metal components and materials crucial for various critical and super-critical uses, disclosed its financial outcomes for the quarter concluding on March 31, 2024. Financial Performance Highlights In Q4 FY 2024, total income reached ₹765.0 million, a 22.0% YoY increase from ₹626.9 million in …
Sterlite Power, a leading power transmission company, has secured funding for its Neemrana II Kotputli Transmission Limited (NKTL) project. The project has obtained funds totaling Rs.1373 crore from the Power Finance Corporation (PFC), a Maharatna Public Sector Enterprise known for its critical role in the power sector. The NKTL Project Sterlite Power acquired the Neemrana …
During Thursday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Sakuma Exports Ltd Sakuma Exports Ltd saw a significant surge today with a trading volume of 11,481,026 shares, marking a notable price volume breakout. The stock hit a 52-week high of Rs 32.4 …
About Order Marine Electricals (India) Limited has secured a significant contract from Larsen & Toubro Shipbuilding (L&T Shipbuilding). The order, valued at Rs 10.35 crore (approximately USD 1.24 million), involves the supply of Data Distribution Units (DDUs). This win demonstrates Marine Electricals’ capability to meet the requirements of a reputed shipbuilding company, potentially enhancing its …
Seino Holdings Co. Ltd, a leading Japanese logistics firm, is venturing into the Indian market by collaborating with Mahindra Logistics Limited. The partnership aims to provide integrated logistics solutions, including auto outbound, warehousing and transportation, and a comprehensive technology suite, to Japanese automotive and strategic non-auto customers in India. The size of the joint venture …
On 30 May 2024, H.G. Infra Engineering Limited announced that it had established 3 new subsidiary companies: H.G. Bikaner Solar Project Private Limited, H.G. Nokha Solar Project Private Limited, and H.G. Bhopalgarh Solar Project Private Limited. Each company has an authorised, subscribed, and paid-up share capital of ₹1,00,000, divided into 10,000 equity shares of ₹10 …
On May 30, 2024, PVR INOX announced in an exchange filing the opening of its luxury cinema at Urban Square Mall in Udaipur, Rajasthan. At six screens, this is the largest multiplex in the city, with a seating capacity of 1,009 seats. The newly opened 6-screen property features the city’s first INSIGNIA cinema format, making …
On May 30, 2024, HCL Technologies Limited (HCLTech) informed the stock exchanges that HCLTech AI Force is now available on Google Cloud’s Gemini models. HCLTech’s GenAI platform, which is patented and system-agnostic, accelerates the value of GenAI investments. It now integrates Google’s multimodal large language model (LLM) Gemini, fostering innovation at scale. HCLTech AI Force …
On May 30, 2024, Dredging Corporation of India Limited, a leader in the Dredging Industry, released its results for the year ended March 31, 2024. In the Financial Year 2023–24, Dredging Corporation of India reported a profit of ₹35.68 Crore, a significant increase in profitability over the previous FY23 profit of ₹15.18 crore. Due to …
