The API division posted a turnover of ₹609 Crore for the financial year ended March 2025. This was 8.35% of the company’s consolidated revenue.
CPI drops below 3%. However, Core and Supercore CPI remain steady. What explains this divergence?
Additionally, the business said that it plans to commission the project within 24 months from the signing of the power purchase agreement (PPA).
The company’s operating margin, EBITDA more than doubled to ₹527 crore.
The partnership brings the company’s Eurogrip tyres into Honda’s official after-sales service network, expanding the Indian brand’s visibility in Asia’s competitive two-wheeler market.
Top gainers in Sensex include Tech Mahindra, Sun Pharma, Maruti Suziki, TCS.
Garden Reach Shipbuilders, Zen Technologies, and Cochin Shipyard saw their stock prices rise between 4% and 6% during Friday’s trade.
This falls under Component B of the Ministry of New and Renewable Energy’s (MNRE) PM-KUSUM scheme.
With this acquisition, the company plans to strategically diversify and expand DCM Shriram’s presence in the chemicals space.
The outcome of the inspection has been classified as “Voluntary Action Indicated” or VAI.
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