Pg Electroplast News Today

Wyzr: The company intends to design and develop the products in-house as it pitches to establish a homegrown brand in a market dominated by foreign labels. It had previously launched private label brand Reconnect, with products built by third parties.

The company intends to design and develop the products in-house as it pitches to establish a homegrown brand in a market dominated by foreign labels. It had previously launched private label brand Reconnect, with products built by third parties.

India Shelter, with its small base, focus on self-employed individuals in TierII/III cities and rapid footprint expansion is well-placed for sustaining high growth of 33 per cent in affordable housing finance, said Kotak.

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PG Electroplast Q3 FY24 Results Live: Revenue Increased by 16.16% YoY & Profit Increased by 39.62% YoY

EPACK Durable, a contract manufacturer for room air conditioners, plans to raise Rs 400 crore through a fresh issue of shares for capacity expansion and debt reduction, and Rs 240 crore through an offer of sale by promoters and private equity investors.

The list is dominated by capex plays as the impact of the upcycle is being noticed in both earnings as well as share prices. Topping the chart are two rail stocks - Titagarh Rail Systems and Jupiter Wagons - which have been reporting at least a 100% YoY jump in their profits. In the September quarter, Titagarh reported a 107% rise in PAT and 54% sales growth while Jupiter saw its profit rising 233% against 111% growth in sales.

Planned capacity expansion positions the business well for a strong growth in the coming years. Diversification into newer product lines also on the anvil.

First quarter of this year was dampened in some geographies due to unseasonal rains and weather uncertainties may lead to some pent-up demand in the festive season.

Smallcap World Fund offloaded shares in Dreamfolks Services, and Shriram Finance, but bought in Aavas Financiers via block deals.