DCM
89.34
-1.37(-1.51%)
Market Cap₹166.87 Cr
PE Ratio6.48
Company Performance:
1D-1.51%
1M-2.62%
6M-16.88%
1Y-16.50%
5Y+218.50%
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More news about DCM
01Nov 25
DCM Limited Terminates Joint Development Agreement with GCD Prime Amid Regulatory Hurdles
DCM Limited has decided to terminate its joint development agreement with GCD Prime for a 68.35-acre land parcel in Hisar, Haryana, due to prolonged regulatory issues. The project, initially planned as an affordable residential plotted colony, faced license suspension and registration issues. Despite efforts to resolve the situation, the matter remained unresolved for over two years. DCM's board has approved issuing a forfeiture and termination notice to the developer, citing continued breaches in obtaining license revocation from the Haryana government. The developer has been given a 15-day response period, after which paid amounts will be forfeited and development rights revoked.
14Aug 25
DCM Limited Reports Profit in Q1, Appoints New Secretarial Auditors
DCM Limited reported a profit after tax of Rs 324.00 lakh in Q1, compared to a loss of Rs 29.00 lakh in the same quarter last year. The company's consolidated revenue from operations was Rs 1,761.00 lakh, with IT Services being the primary revenue driver. The Board approved the appointment of M/s. Pragnya Pradhan & Associates as Secretarial Auditors for a five-year term. DCM continues to face challenges including industrial unrest at its engineering business and suspended license for its Hisar land development project.
12Aug 25
DCM Shriram Industries Reports Decline in Q1 Revenue and Net Profit
DCM Shriram Industries experienced a decline in both revenue and net profit for Q1 of the current fiscal year. Revenue decreased by 9.7% to ₹5.00 billion from ₹5.54 billion in the previous year. Net profit fell by 46.2% to ₹169.00 million from ₹314.00 million. The company, which operates in sugar, chemicals, and industrial fibers sectors, saw significant drops in financial performance compared to the same quarter last year.
05Apr 25
DCM Limited Expands Global Footprint: New IT Subsidiary to be Established in USA
DCM Limited plans to create a wholly-owned subsidiary, DCM Infotech Inc., in the USA through its subsidiary DCM Infotech Limited. The new entity will focus on IT services with an initial investment of $200,000. This move aims to expand market presence, retain contracts, acquire local talent, and improve client interactions in the US. The investment falls under the automatic route for Overseas Direct Investment and doesn't require prior FEMA approval.
DCM
89.34
-1.37
(-1.51%)
1 Year Returns:-16.50%
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