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APSEZ Experiences Prominent Outcomes for FY 2023, Foresees Robust Expansion in the Future – Karan Adani
Adani Ports and Special Economic Zone (APSEZ) had a great year in FY23, breaking records for revenue and EBITDA. The CEO, Mr. Karan Adani, credited the success to the...
Finance
Improvement in Outlook for Engineers India (ENGR IN) as Q4FY23 Results Reveal Healthy Order Prospects
Engineers India Ltd (EIL) has reported a 7.5% YoY increase in revenue growth to Rs8.6bn in Q4FY23, with order inflow coming in at Rs47bn for FY23. The company expects...
Finance
HMDA and IRB sign agreement for ORR TOT project
India’s IRB Infrastructure Developers has signed a concession agreement with the Hyderabad Metropolitan Development Authority (HMDA) for Nehru Outer Ring Road (ORR) on a toll-operate-transfer basis. The IRB Golkonda...
Finance
Praj Industries’ Q4FY23 Results Show Strong Performance.
Praj had a good quarter with revenue growth of about 21% and EBITDA margin expansion of 148bps YoY to 10.4%. The orders for FY23 increased by 17% YoY to...
Finance
In FY23, BoM leads PSBs in loan growth and profit.
The Bank of Maharashtra, which is owned by the government, saw a big increase in profits during the 2022-2023 financial year. Their bottom-line grew by almost 126%, reaching Rs...
Finance
Nifty close to breaking out for a new all-time high.
The NSE Nifty went up by 1.63% and the BSE Sensex went up by 1.25%. The Nifty Midcap-100 increased by 2.69% and the Smallcap-100 increased by 1.20%. The Nifty...
Finance
On May 28, 2023, Fuel Prices Remain Unchanged in Hyderabad, Delhi, Chennai, and Mumbai.
On May 28th, 2023, fuel prices for petrol and diesel stayed the same across India. In Delhi, petrol costs Rs. 96.72 per litre and diesel is Rs. 89.62 per...
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