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On a quarter-on-quarter basis, the company’s net profit slipped 30.90% against ₹4,649 Crore in the previous quarter.

Praj informed the bourses that it has also established a Centre of Excellence (CoE) and Innovation for Biopolymers in collaboration with ICT Mumbai.

The board of directors of the company has proposed a final dividend of ₹7.50 per share for the year ended March 31, 2024

The growth in revenue was aided by a steep increase in demand for products such as Current Account Savings Account (CASA) and Cash Management Services (CMS)

Here are some of the stocks that may see significant price movement today: Bajaj Finance, BPCL, Praj Industries, etc.

This is the first such announcement by the company in over a period of nine years that the company will be issuing bonus shares.

As part of this offer, there is an offer for sale of up to 11.05 million Equity Shares.

Net profit increased 34% YoY to ₹726.2 crore, bolstered by robust volume expansion and operating efficiency.

The Gross Written Premium (GWP) in the March quarter was at ₹2,652 crore, indicating a robust 13.5% rise year-on-year.

The solar projects are located across several states in India, enhancing Inox Green's pan-India renewable energy footprint.