Strides Pharma, a global pharmaceutical company, recently announced in its concall update that it expects to achieve a Debt-to-EBITDA ratio of under 2. This indicates the company’s strong financial health…
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Bharat Electronics Limited (BEL) is expecting substantial orders worth approximately Rs. 14,000 crore to Rs. 15,000 crore for its Naval Gun Control (NGC) systems. The company anticipates receiving these orders…
Kalyan Jewellers, a major player in the Indian gems and jewelry market, has ambitious plans for its online subsidiary, Candere. The company aims to achieve Rs 1,000 crore in revenue…
Bank of Baroda (BoB) has revised its net interest margin (NIM) guidance downwards for the current fiscal year, citing higher operating costs. The bank now expects NIM to be around…
The Singapore Court of Appeal has dismissed Senda International Capital’s appeal against the earlier order to pay Kiri Industries USD 603.8 million plus interest for the buyout of DyStar. This…
United Breweries Limited (UBL), India’s largest brewer, is reportedly planning to increase beer prices in Telangana. Telugu media outlets suggest the price hike could be as high as 10-15% and…
Wockhardt, a leading pharmaceutical company, has announced positive results from its global Phase III clinical trial for ZYNICH, a combination antibiotic therapy for complicated urinary tract infections (cUTI). The drug,…
Polycab India, a leading manufacturer of wires and cables, is currently under investigation by the Goods and Services Tax (GST) authorities. Officials are conducting searches at the company’s corporate office…
Biocon, a leading biopharmaceutical company in India, has projected strong revenue growth for the fourth quarter of the fiscal year 2025 (Q4FY25) and beyond. This positive outlook is based on…
Kotak Institutional Equities has downgraded their rating on SRF Ltd. from “Add” to “Sell”. This change comes amidst concerns over the company’s future prospects in the fluorochemicals and specialty chemicals…