I
156.48
as on 28 Mar 2025 at 15:59
Market Cap
₹14,717 Cr
PE Ratio
19.30
ROCE
13.66%
Ircon International: Secures Rs 873 Crore Railway Tunnel Project
Ircon International's joint venture with SSNR Projects won a Rs 873 crore contract from Rail Vikas Nigam Ltd for constructing two railway tunnels in Madhya Pradesh. Ircon's share is Rs 611.1 crore (70%) and SSNR's is Rs 261.9 crore (30%). The project, part of a new 198-km electrified broad-gauge railway line, is to be completed in 46 months.
IRCON International Secures Order Worth ₹6.1 Billion
IRCON International Limited, an Indian public sector construction company, has won a new order valued at 6.1 billion rupees (approximately $73.5 million USD). This significant contract win demonstrates the company's continued success in securing large-scale projects and potentially indicates growth in its order book.
Reliance Power: Stock Surges 29% in March Amid Mixed Signals
Reliance Power's stock price has risen 29% in March after losses in previous months. The company's thermal plants are performing well, and it's expanding into clean energy projects. Despite improved debt ratios, experts advise caution due to remaining debt and technical resistance levels.
42.98
Vaibhav Global Ltd: Lab-Grown Diamonds Drive Growth Amid Tariff Uncertainty
Vaibhav Global's CFO reports rising demand for lab-grown diamonds due to affordability. The company's diverse sourcing strategy is yielding higher margins. Potential US tariffs pose a challenge, but the company's global sourcing network may mitigate risks. Weak consumer demand in Europe and the UK has led to trimmed guidance. German operations are growing at 30% since re-entry in 2021.
218.99
V-Mart Retail: Ambitious Expansion Plan of 60+ Stores Annually
V-Mart Retail plans to add over 60 stores annually, targeting 10-12% yearly retail space growth. CFO Anand Agarwal projects mid to high teens sales growth over 3-5 years, prioritizing profitability over revenue. The company aims for sustainable growth, expecting Ebitda to outpace sales growth. V-Mart acknowledges e-commerce challenges but remains focused on its brick-and-mortar model.
2,910.75
Samhi Hotels: Double-Digit Revenue Growth Projected Amid Expansion
Samhi Hotels expects mid-to-high teens total revenue growth over the next 3-4 years, driven by stable hotel performance and expansion. The company plans annual capex of Rs 700-800 crore for the next four years, funded by internal accruals. FII stake reduction from 64.6% to 54.8% attributed to pre-IPO investors exiting. The company aims to reduce net debt-to-EBITDA ratio below 3.5 times in 12-15 months.
140.82
MTAR Technologies: Targets 30% Annual Revenue Growth for Next Three Years
MTAR Technologies aims for 30% year-on-year revenue growth over the next three years, with Ebitda margins expected between 24-28%. The company anticipates executing nuclear segment orders worth Rs 800-1,000 crore in the next 3-3.5 years. MTAR expects more predictable, linear quarterly growth moving forward. The company has strong receivables and operating cash flows, with no plans for equity fundraising next year.
1,281.15
Arkade Developers: Plans Four New Projects, Targets Rs 12,000-Crore Pipeline
Arkade Developers plans to launch four projects in FY26, including three redevelopment projects in Mumbai and one land project in Goregaon West. The company aims to expand its total development pipeline to Rs 12,000 crore, with a target to complete within five years. They expect a 20% profit after tax on the total pipeline, amounting to approximately Rs 2,400 crore. The company is focusing on securing all necessary approvals before project commencement to avoid delays.
151.11
PG Electroplast Ltd.: Projecting 30-35% Growth in FY26 Despite Industry Challenges
PG Electroplast Ltd. expects 30-35% growth in FY26, according to MD Vishal Gupta. The company is well-prepared for potential raw material shortages affecting the AC industry. PGEL aims to achieve its current fiscal guidance and targets 40-50% growth in TV manufacturing next fiscal. The company is also awaiting approval for a new EV bike project.
916.60
BSE Ltd: Stock Surges 18% as NSE Defers Derivatives Expiry Change
BSE shares rose up to 18% after NSE postponed plans to shift derivatives expiry from Thursday to Monday. This decision eased concerns about BSE losing market share. SEBI's proposal to limit derivatives expiry to Tuesday or Thursday also contributed to the positive sentiment. BSE's recent change to Tuesday expiry has shown increased turnover.
5,479.80
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