This contract involves the supply of traction motors to the European market, with an initial order worth ₹18 Crore, scheduled for delivery in April 2025.
Read MoreThis contract involves the supply of traction motors to the European market, with an initial order worth ₹18 Crore, scheduled for delivery in April 2025.
Additionally, the result fell short of street projections of Rs 956 crore. Operating revenue fell to Rs 15,635 crore, a 2% YoY decrease.
This preferential issue is expected to boost Reliance Infrastructure’s net worth from ₹9,000 Crore to ₹12,000 Crore and significantly reduce its debt.
Gaurav Gogoi, the MP for Jorhat, praised the board's decision but emphasized the importance of doing a thorough analysis of the circumstances.
Alembic Pharmaceuticals continues to grow its footprint in the US, with this approval contributing to its robust portfolio of generic medications.
The companies plan to utilize existing production facilities in Chakan, Pune, owned by both SAVWIPL and Mahindra, for the manufacturing of these new vehicles.
This contract involves the supply of traction motors to the European market, with an initial order worth ₹18 Crore, scheduled for delivery in April 2025.
All sectoral indices except for auto ended in negative territory
The broader market is reflecting mixed results, with the BSE Midcap index slightly down by 0.99% and the BSE Smallcap index decreasing by 0.95%
This preferential issue is expected to boost Reliance Infrastructure’s net worth from ₹9,000 Crore to ₹12,000 Crore and significantly reduce its debt.
This contract involves the supply of traction motors to the European market, with an initial order worth ₹18 Crore, scheduled for delivery in April 2025.
All sectoral indices except for auto ended in negative territory
The broader market is reflecting mixed results, with the BSE Midcap index slightly down by 0.99% and the BSE Smallcap index decreasing by 0.95%
This preferential issue is expected to boost Reliance Infrastructure’s net worth from ₹9,000 Crore to ₹12,000 Crore and significantly reduce its debt.
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