Page 52 - Options Segment News Today

Board Approves HULs Acquisition for Renewable Power Investment in Transition Sustainable Energy Services One

The market breadth was positive, with 2,183 shares advancing, 1,043 declining, and 62 remaining unchanged.

For the quarter that concluded in December, Polycab India recorded double-digit growth in both revenue and profit.

The company reported in an exchange filing that during the October through December quarter of the previous fiscal year, 2022–2023—it had recorded a net profit of Rs 2,156 crore.

The Scheme is an equity scheme investing in banking and financial services related sectors.

The order is slated for execution within one year and is expected to escalate to $5 million over the next five years.

Funding for the acquisition is likely to be a mix of debt + equity.

The newly established dry dock, with a cost of Rs 1,799 crore, is located at CSLs existing premises in Kochi

SMP clocked Ebitda margin of ~6.5% in H1FY24, translating to Ebit margin of about 2.5%.

The award is contingent upon the execution of the purchase order