News Overview

Cyient has granted 4,32,600 stock options to associates of the company and its subsidiaries under Associate Stock Option Schemes. Powered by Capital Market – Live News

Zen Technologies has signed an Annual Maintenance contract worth ~ Rs 55 crore for simulators for a period of 5 years from the date of signing of the contract (22nd April 2022). As of date, the companys total order book stands at Rs 477.04 crore. Powered by Capital Market – Live News

Freo Crosses 1 Million Customers; Aims for 2 Million by Dec’22

EBITDA for the quarter ended March 2022 declined 4.2% yoy at Rs5,053 crore as compared to Rs5,276 crore in Q4FY21.

Hazoor Multi Projects rose 4.85% to Rs 23.80 after the company said it received contracts worth Rs 151.85 crore from Gayatri Projects.

Somany Ceramics announced that the modernization cum expansion of a production line of double fast firing (DFF) to produce large format wall tile was successfully completed and commercial production has commenced from 21 April 2022. Post this the total capacity of tile manufacturing at Kassar Plant has increased to 23.32 million squares meters per annum. Powered by Capital Market – Live News

Metal stocks were trading in red, with the S&P BSE Metal index decreasing 321.78 points or 1.41% at 22468.39 at 13:52 IST.

Japan manufacturing sector continued to expand in April with a manufacturing PMI score of 53.4, the latest survey from Jibun Bank showed on Friday. Thats down from 54.1 in March, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. Also, the services PMI improved to 50.5 in April from 49.4 in March, while the composite rose to 50.9 from 49.3. […]

Ocean Sparkle Ltd (OSL) ranks 1st in India and 11th globally in providing end-to-end marine services.

The company has also declared an interim dividend of Rs7 per share of Rs1 each in the current quarter ended March 2022.