ICRA expects capacity utilisation (CU) to reach the critical threshold of 75% required to trigger broad-based capacity expansion, only by the end of CY2022
Shriram Transport Finance Company jumped 6.06% to Rs 1212.90 after the companys standalone net profit rose 43.87% to Rs 1,086.13 crore on 13.11% increase in total income to Rs 5,087.59 crore in Q4 March 2022 over Q4 March 2021.
The Delhi-based company established itself as a front-runner in the Lighting and Consumer Durables and Steel Pipes and Strips industry in pursuit of contributing to a more sustainable future.
The company has received contract from marquee Public as well as Private Sector Clients.
Shoppers Stop reported a consolidated net loss of Rs 15.85 crore in Q4 FY22 as against net loss of Rs 24.10 crore in Q4 FY21.

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