News Overview

The week also saw India’s forex reserves moderating again to ~ USD 695bn.

It was a tentative week ahead of the August 01, tariff deadline, although the Indo-UK trade deal was a morale booster

The acquisition will be done at a price of ₹15.60 Crore Israeli New Shekel, aggregating to ₹404 Crore (1 Israeli New Shekel is worth ₹25.89).

Against the previous quarter, the profit after tax (PAT) jumped 15% as compared to ₹2,416.64 Crore reported by the company in Q4FY25.

NIFTY sees continued selling pressure as it ends lower for the 4th consecutive week

The company’s revenue from operations climbed to ₹851.9 crore, showing a 33% increase over ₹640.3 crore reported in the first quarter of the previous fiscal.

EBITDA came in at ₹182.3 crore, an 88.9% increase over ₹96.5 crore recorded in the June 2024 quarter.

The deal spans five and a half years and involves the supply of regasification services for roughly 25.6 trillion British thermal units (TBTUs) of LNG annually.

WABAG will be in charge of designing and constructing the plants, as well as managing them for a decade after they’re commissioned.

SAIL reported EBITDA of ₹2,767 crore for the quarter, marking a 24.7% increase from ₹2,219 crore in the corresponding period last year.