Here’s a quick look at stocks likely to be in focus in today's trade. Canara Bank: Canara Bank has received approval from the Reserve Bank of India to divest stakes in two of its subsidiaries—13 percent in Canara Robeco Asset Management Company Ltd and 14.5 percent in Canara HSBC Life Insurance Company Ltd—via Initial Public Offerings. Garden Reach Shipbuilders & …
Defence stocks including Garden Reach Shipbuilders, Hindustan Aeronautics, Paras Defence, Cochin Shipyard, among others rallied up to 6% on Wednesday, after the government approved five capital acquisition proposals worth ₹21,772 crore to improve the country’s defence preparedness. Garden Reach Shipbuilders & Engineers share price led the rally with gains of 6.2%, Paras Defence and Space Technologies shares surged as much …
Garden Reach Shipbuilders & Engineers Q2 Results 2024:Garden Reach Shipbuilders & Engineers declared their Q2 results on 13 Nov, 2024, showcasing a robust performance with the topline increasing by 28.4% year-over-year. In terms of expenses, the Selling, General & Administrative expenses experienced a rise of 1.51% quarter-on-quarter and an increase of 12.92% year-over-year, indicating higher operational costs amid growing revenues. …
If you are an investor in the Indian stock markets, the possibility of not knowing or not having heard about Ramesh Damani is very remote. For the year ended March 2024, profit after tax was ₹40 crore, a compounded decline of 15% over the past five years. The company’s sales have grown at a compounded rate of 14% in the …