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The company's board of directors will meet on Tuesday, May 7, 2024, to consider and approve the audited standalone and consolidated financial results.

The FDA inspected the company's manufacturing site in Baddi from March 19 to 27, resulting in observations related to good manufacturing practice (GMP) and pre-approval

Despite the sluggish awarding by NHAI, HG Infra has won new orders worth Rs41.2bn till date in FY24 (all in Q4); implying healthy additions to order book vs its guidance of Rs50bn inflows. These wins boost the growth visibility, given the shorter execution timelines; analysts of IIFL Capital Services build in revenue Cagr of 16-17% over FY23-26. While ordering will take a pause during elections, healthy project pipeline in roads means that ordering beyond Q2 should be stronger from NHAI.

With a total infusion of ₹11,661 Crore, the Adani family has significantly increased their investment in Ambuja since acquiring control from Holcim.

Unlike volume share, revenue share is much lower. This is because BSE is still charging much lower (Rs50 per mn of premium turnover) than the market leader; only in November’23, BSE increased tariff on its current week Sensex-30 contract — still ~30% lower than the competition.

The business would work together with the USFDA to resolve the concerns, it announced.

Among the shares traded, 2021 advanced, 1280 declined, and 84 remained unchanged.

Earlier, on March 20, Infotech HAL Limited, a 50:50 joint venture of Cyient Limited with HAL, initiated the corporate insolvency resolution process before the National Company Law Tribunal, Bangalore Bench

Brillare Science Pvt Ltd is engaged in professional beauty care products, offering a range of skin, hair, and body care items. Its brands, Brillare and Root Deep, are popular among consumers and salon professionals.

Analysts of IIFL Capital Services believe some lenders ala PEL, RBL, HDFC and Axis who had conservatively provided on their entire AIF exposure (5-550 bps of loans) in Q3FY24, might be able to write-back some of these provisions.