Investment & Precision Casting Ltd (IPCL) has approved a 1:1 bonus share issue, doubling shareholders' holdings at no extra cost. This move is expected to increase stock liquidity and is often viewed positively by the market. The implementation process will involve shareholder approval, regulatory compliance, and setting a record date for eligible shareholders.
22May 25
Investment & Precision Castings Reports Significant Profit Growth in Q4
Investment & Precision Castings announced impressive Q4 results with net profit soaring 171.43% year-over-year to ₹19.00 crore, up from ₹7.00 crore. Revenue increased by 7.16% to ₹419.00 crore from ₹391.00 crore in the same quarter last year. The significant profit growth outpacing revenue increase suggests improved operational efficiency and effective cost management.