The project involves gauge conversion of a 38.9 km track from Kosamba to Umarpada in the Vadodara division, awarded under the engineering, procurement, and construction (EPC) mode.
The planned ₹3 trillion railway funding for 2025-26 and expansion of high-speed freight corridors could significantly improve logistics efficiency.
Nestle is the only stock that hit a 52-week low in Sensex and in Nifty.
EBITDA increased 27% YoY to ₹4,460 crore during the quarter. The EBITDA margins rose up to 54%, compared to last year's 49.8%.
In response to growing demand of IA, capacity expansions are under way at both Dahej and Digwal facilities, with month-on-month production growth.
For the first nine months of FY25, Cipla's EBITDA margin stood at 26.9%, already above its full-year guidance of 24.5% to 25.5%.
The E-verification process for Non-Residents is challenging as of now which requires attention from the government for its simplification.
The company said the pact was a step toward a joint commitment to enlarging the scope of the renewable energy sector and a step forward towards a clean, sustainable future.
EBITDA margin contracted by 440 bps to 24.8%, compared with last year.
EBITDA jumped 57.8% YoY to ₹413.7 crore, compared to ₹262 crore last year.
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