Stock News Weekly

Stock News Weekly

Stock News Weekly

Stocks news this week are BEML, Adani post, Glenmark and many more.

  • BEML: BEML says all out request book at Rs 9,100 crore as of June, Q1 united misfortune at Rs 82.4 crore. The organization has a request book of Rs 9,100 crore as of June including request booking of Rs 571 crore during the quarter finished June. The organization posted merged misfortune at Rs 82.36 crore for the quarter finished June against loss of Rs 94 crore in a similar period last year, however income became by 43% to Rs 669.2 crore.
  • Valiant Organics: Valiant Organics Q1 benefit falls 41% YoY to Rs 16.92 crore gouged by lower working pay. Income rises 9%. The organization revealed a 41% year-on-year decrease in combined benefit at Rs 16.92 crore for the June quarter, scratched by lower working pay. Income became by 9% to Rs 266 crore for the quarter.
  • Adani Ports: Adani Ports and SEZ and AD Ports Group sign MoU for joint framework interests in Tanzania. Promotion Ports Group has marked a notice of grasping (MoU) with Adani Ports and SEZ for key joint interests in strategies framework and arrangements, which incorporate rail, sea administrations, port tasks, computerized administrations, modern zone, and foundation of sea foundations in Tanzania.
  • Glenmark Life Sciences: Glenmark Life Sciences Q1 benefit rises 7.7% YoY to Rs 108.73 crore. Income declines 6.7% to Rs 490 crore. The pharma organization detailed 7.7% year-on-year development in benefit at Rs 108.73 crore for the quarter finished June 2022, upheld by edge execution. The firm enlisted income from tasks at Rs 489.87 crore for the quarter, a 6.7% downfall YoY because of high base of COVID items deals the year before. EBITDA fell by 5% to Rs 156.26 crore during a similar period, yet edge expanded by 60 premise focuses to 31.9%.
  • REC: REC Q1 benefit increments 8.2% YoY to Rs 2,454.2 crore because of decrease in disability on monetary instruments. Income falls 0.55%. The organization timed 8.2% year-on-year expansion in solidified benefit at Rs 2,454.2 crore for the quarter finished June, mostly because of a decrease in hindrance on monetary instruments. Income declined 0.55% to Rs 9,497.5 crore for the quarter.

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