Nila Infra announces demerger, stock up 11 per cent
Nila Infra announces demerger, stock up 11 per cent

Nila Infra announces demerger, stock up 11 per cent

Nikita Singh Article rating: 4.5

The share price of Nila Infrastructures soared over 11 per cent on the bourses in intraday trade on Thursday as the company announced its plans to demerge its real estate undertaking. 

Electric vehicles, the toast of AutoExpo 2018
Electric vehicles, the toast of AutoExpo 2018

Electric vehicles, the toast of AutoExpo 2018

Gayathri Udyawar Article rating: 5.0

With India preparing for only electric vehicles by 2030 regime, the most prevalent theme during the ongoing AutoExpo 2018 was electric mobility. Automakers displayed their technical competency and design finesse at the expo. Auto major including Maruti, M&M, TVS and Ashok Leyland displayed there concept electric vehicles (EVs).

Q3FY18 Result: Solar Industries posts 13 per cent hike in PAT
Q3FY18 Result: Solar Industries posts 13 per cent hike in PAT

Q3FY18 Result: Solar Industries posts 13 per cent hike in PAT

Nikita Singh Article rating: 5.0

Explosives manufacturer Solar Industries posted a hike of 10.48 per cent in its revenue to Rs. 465.68 crore on a yearly basis for the third quarter of the fiscal year 2018. Following the development, the stock price of company surged by nearly 2 per cent in intraday trade on Thursday.

Kriti Nutrients surges 20 per cent on impressive Q3FY18 numbers
Kriti Nutrients surges 20 per cent on impressive Q3FY18 numbers

Kriti Nutrients surges 20 per cent on impressive Q3FY18 numbers

Nidhi Jani Article rating: 4.2

The company's standalone revenue for the quarter came in at Rs 128.62 crore, registering an increase of 40.4% YoY. Its  EBITDA for the quarter rose by 144.6% YoY to Rs 11.84 crore with a corresponding margin expansion of 392 bps.

Firstsource Solutions net profit spikes 44.8 per cent
Firstsource Solutions net profit spikes 44.8 per cent

Firstsource Solutions net profit spikes 44.8 per cent

Amir Shaikh Article rating: 5.0

The PAT for the quarter came in at Rs 99.5 crore, an increase of 44.83 per cent QoQ. This was mainly due to tax credit in the quarter as against tax expense of Rs 14.9 crore in the previous quarter.

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