News Overview

The firm recorded a 16.6% YoY rise in EBITDA, at ₹1,220.7 crore, higher than ₹1,046.9 crore, with EBITDA margins increasing to 28.9% from 26.1%

On April 23, Vascon Engineers also declared a ₹225.46 crore ropeway infrastructure contract in Goa from Royal Rides Pvt Ltd.

The work entails technical and management assistance for the proposed Phase-II SILO rail connectivity project at the Lakhanpur Area of MCL, as stated in the firm's regulatory filing.

The company’s revenue for the quarter registered a growth of 12.40% on a sequential basis to ₹2,982.40 Crore as compared to ₹2,653 Crore.

The bank announced that its Net Interest Margin witnessed an improvement of 4 basis points to 3.97% on a sequential basis.

The renewal premium, as per the company, was up by 12.90% YoY to ₹14,680.30 Crore versus ₹13,003.20 Crore.

Here are some of the stocks that may see significant price movement today: Axis Bank, Tech Mahindra, SBI Card & Payments.

EBITDA margin narrowed by 250 basis points to 13.5%, due to increased input and operating costs.

TMB continues to focus on retail and MSME customer franchise, particularly in south India, where it enjoys a strong regional franchis

The drug is the generic alternative of the Vitamin K1 Injection produced by Hospira Inc and is indicated in the treatment of Vitamin K deficiency-related coagulation disorders.