Despite the dip in net profit, the Mumbai-based company's revenue from operations saw a 12.02% year-on-year increase, rising to ₹27,038.79
The firm's total income increased by 25% to ₹1,638 Crore in Q1FY25, compared to ₹1,315 Crore in Q1FY24.
Ceigall India's IPO, set with a price band of ₹380 to ₹401 per share, will open for subscription on August 1 and close on August 5.
On July 30, Adani Power's stock closed nearly 2% higher at ₹730.00 on the National Stock Exchange (NSE).
Here are some of the stocks that may see significant price movement today: Coal India, Bank of Baroda, Maruti Suzuki, etc.
On Monday, the business said that it had received ₹829 crore from anchor investors ahead of the public share sale subscription period.
The Pune-based company reported a revenue of ₹6,480.86 Crore for FY24, up from ₹5,632.54 Crore in the previous fiscal year.
The Fed maintained its benchmark overnight interest rate in the 5.25%-5.50% range and indicated the possibility of easing monetary policy if inflation trends positively.
The market saw 1,828 shares advancing, 1,613 shares declining, and 78 shares remaining unchanged.
The corporation has made a remarkable turnaround, with Jaguar Land Rover (JLR) now on a profitable growth path.
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