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Market Movers
Today’s Top Gainers
12,670.00
(+1.51%)
3,101.80
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8,102.50
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(+0.67%)
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Shilpa Medicare's Subsidiary Receives USFDA Approval with VAI Classification
Shilpa Pharma Lifesciences Ltd, a subsidiary of Shilpa Medicare Limited, has received an Establishment Inspection Report (EIR) from the USFDA following an inspection of its Unit-1 facility from March 3 to March 7, 2025. The USFDA classified the site as Voluntary Action Indicated (VAI), indicating minor issues that don't require official FDA action. This outcome demonstrates the company's alignment with FDA standards and positions it for potential growth in the U.S. market.
Gensol Engineering Faces Multiple Challenges: IREDA's Bankruptcy Application and SEBI's Regulatory Actions
Cochin Shipyard Clarifies Stance on Rumored Rs 10,000 Crore Project with HD Hyundai
Earnings
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CL Educate Reports Q4 FY2024 Results: Revenue Up, but Profits Plummet
CL Educate Ltd's Q4 FY2024 results show a 34.5% YoY revenue increase to ₹974.60 crore, but profitability declined sharply. The company reported a net loss of ₹157.20 crore, compared to a profit of ₹18.80 crore in Q4 FY2023. EBITDA fell to ₹11.60 crore from ₹50.60 crore, with margins contracting to 1.19%. An exceptional loss of ₹41.90 crore further impacted performance. For FY2024, total revenue grew 11.66% to ₹332.40 crore, but net profit decreased 29.78% to ₹15.80 crore.
PTL Enterprises Reports Q4 Profit Growth and Recommends Dividend
Piramal Pharma Reports Robust Q4 FY2023 Results with 48% Profit Surge
IPO News
IPO News
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Ather Energy Limited Files for IPO: Electric Two-Wheeler Manufacturer Aims to Raise Funds for Expansion
Ather Energy Limited, India's third-largest electric two-wheeler (E2W) manufacturer, has filed for an Initial Public Offering (IPO). The company plans to use the proceeds for capital expenditure, debt repayment, R&D investment, and marketing initiatives. Ather Energy's revenue reached ₹17,538.00 million in FY2024, with 109,577 vehicles sold. Despite growth, the company continues to operate at a loss, reporting a net loss of ₹10,597.00 million in FY2024. Key strengths include in-house R&D capabilities, premium positioning, and a vertically integrated approach. Risk factors include a history of losses, limited operating history, and intense market competition. The IPO consists of a fresh issue of shares and an offer for sale by existing shareholders.
Imagine Marketing Limited Files for IPO, Aims to Raise ₹7,000 Million
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Market Movers
Today’s Top Gainers
12,670.00
(+1.51%)
3,101.80
(+1.57%)
8,102.50
(+0.49%)
9,081.00
(+0.43%)
5,362.00
(+0.67%)
Today’s Top Losers
2,282.30
(-1.82%)
1,494.80
(-1.66%)
2,092.40
(-1.10%)
1,910.60
(-0.62%)
2,350.50
(-0.40%)
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