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Sales rise 28.98% to Rs 79.13 crore

Nifty Auto index ended down 1.67% at 12423.7 today. The index is up 7.00% over last one month. Among the constituents, Mahindra & Mahindra Ltd slipped 3.83%, Balkrishna Industries Ltd jumped 3.42% and Maruti Suzuki India Ltd dropped 2.37%. The Nifty Auto index is up 22.00% over last one year compared to the 4.89% surge in benchmark Nifty 50 index. In other indices, Nifty Metal […]

Secures order worth Rs 75 cr for installation/ operation of 39 CT scanners

Ahluwalia Contracts (India) has secured orders worth Rs 1129.80 crore as follows: – Order worth Rs 422.16 crore for construction of medical college and hospital at Bongaigoan, Assam from Govt. of Assam. – Order worth Rs 469.64 crore for development of additional campus and EWS Hostel, NIT Patna on EPC basis. The order has been awarded by NBCC (India). – Order worth Rs 238 crore […]

The key equity indices ended with limited losses after a volatile session on Monday. The Nifty closed above the 16,600 mark, after hitting the days low at 16,564.25 in mid-morning trade. Barring metals and some IT stocks, shares across sectors witnessed significant selling pressure. As per provisional closing data, the barometer index, the S&P BSE Sensex, declined 306.01 points or 0.55% to 55,766.22. The Nifty […]

Sales rise 290.77% to Rs 42.32 crore

Company’s EBITDA for the quarter under review stood at Rs134 crore as compared to Rs125 crore in Q1FY22, up by 7.3% yoy.

Lakshmi Machine Works gained 1.54% to Rs 10,200 after the company reported a consolidated net profit of Rs 72.62 crore in Q1 FY23 compared with net loss of Rs 9.58 crore in Q1 FY22.

Sharda Cropchem tumbled 18.91% to Rs 562.05 after the companys consolidated net profit declined by 40.5% to Rs 22.64 crore on 32.4% rise in net sales to Rs 824.53 crore in Q1 FY23 over Q1 FY22.

The EBITDA margins in Q1FY23 stood at 22%, up by 100 bps on a yoy basis.