S
319.00
as on 28 May 2025 at 13:47
BSE
Market Cap
₹165 Cr
PE Ratio
15.30
ROCE
38.85%
Waaree Energies: India's Top Solar Module Supplier in Q1 2025
Waaree Energies Limited secured 17.3% market share in India's solar module shipments for Q1 2025, leading 24 major suppliers. India added 5.93 GW utility-scale and 1.34 GW rooftop solar capacity, reaching 105.6 GW total. Waaree's exports doubled, with 15 GW global manufacturing capacity.
LIC: Targets 200-300 Bps Rise in New Business Margins by FY26
LIC aims to increase its Value of New Business margin by 200-300 basis points to 20% by FY26. The company's shift towards non-participating products, now 28% of its mix, is driving profitability. LIC declared a record Rs 56,000 crore bonus for par policyholders. Despite challenges, LIC saw 6.45% growth in first-year premiums in FY25. The 'Bima Sakhi' initiative boosted female policy participation from 28% to over 34%.
Olectra Greentech: Clarifies Status of Rs 10,000 Crore E-Bus Order
Olectra Greentech issued a clarification regarding media reports of a cancelled Rs 10,000 crore electric bus order from MSRTC. The company states that the contract execution is still in process, and no cancellation communication has been received by the executing SPV.
Jyoti CNC Automation: Targeting 90% Capacity Utilisation for FY26 Growth
Jyoti CNC Automation aims to maintain FY25 growth in FY26, targeting 90% capacity utilisation. The company has a Rs 4,500 crore order book, plans to expedite execution within 18-20 months, and anticipates further capacity expansion within two years. A new manufacturing facility is scheduled for FY27, with current capacity addition focused on general engineering and entry-level products.
Goodluck India Ltd: Targets 18-20% Revenue Growth with Defence and Hydraulic Tube Expansion
Goodluck India Ltd aims for 18-20% annual revenue growth, driven by expansion into defence sector and hydraulic tube production. The company plans to start trial production of artillery shells in Q1 FY26, with commercial production expected by Q2 FY26. A new subsidiary, Goodluck Defence and Aerospace, will produce 150,000 precision components annually, with plans to expand to 350,000. The company is awaiting a critical government license for the defence vertical, which is expected to improve operating profit margins from 8% to 25%.
RBL Bank Stock in Trading Ban
RBL Bank's stock has been placed under a trading ban. No further details about the reasons for the ban or its duration were provided in the given news snippet.
Larsen & Toubro: Ambitious Plans for Multi-Billion Dollar Defence Business
Larsen & Toubro aims to significantly expand its defence business, targeting a multi-billion dollar segment. The company is aligning with the Indian government's push for defence modernization and export targets. L&T is focusing on manufacturing warships, artillery, and missile systems, among others. The company is also considering investments in defence-related startups and targeting a 20% market share in the nuclear power segment.
CRED: Fintech Unicorn to Raise $75 Million at 45% Lower Valuation
CRED is set to announce a $75 million Series G funding round led by GIC, with participation from RTP Global, Sofina, and founder Kunal Shah. The new funding values CRED at $3.5 billion, a 45% drop from its previous $6.4 billion valuation. Despite the valuation reset, CRED reportedly turned profitable in early FY26 and is expanding its financial services offerings.
Get In-depth View of SHRDAIS Quaterly Results, Balance Sheet, Cashflows & Corporate Action.
Waaree Energies: India's Top Solar Module Supplier in Q1 2025
Waaree Energies Limited secured 17.3% market share in India's solar module shipments for Q1 2025, leading 24 major suppliers. India added 5.93 GW utility-scale and 1.34 GW rooftop solar capacity, reaching 105.6 GW total. Waaree's exports doubled, with 15 GW global manufacturing capacity.
LIC: Targets 200-300 Bps Rise in New Business Margins by FY26
LIC aims to increase its Value of New Business margin by 200-300 basis points to 20% by FY26. The company's shift towards non-participating products, now 28% of its mix, is driving profitability. LIC declared a record Rs 56,000 crore bonus for par policyholders. Despite challenges, LIC saw 6.45% growth in first-year premiums in FY25. The 'Bima Sakhi' initiative boosted female policy participation from 28% to over 34%.
Olectra Greentech: Clarifies Status of Rs 10,000 Crore E-Bus Order
Olectra Greentech issued a clarification regarding media reports of a cancelled Rs 10,000 crore electric bus order from MSRTC. The company states that the contract execution is still in process, and no cancellation communication has been received by the executing SPV.
Jyoti CNC Automation: Targeting 90% Capacity Utilisation for FY26 Growth
Jyoti CNC Automation aims to maintain FY25 growth in FY26, targeting 90% capacity utilisation. The company has a Rs 4,500 crore order book, plans to expedite execution within 18-20 months, and anticipates further capacity expansion within two years. A new manufacturing facility is scheduled for FY27, with current capacity addition focused on general engineering and entry-level products.
Goodluck India Ltd: Targets 18-20% Revenue Growth with Defence and Hydraulic Tube Expansion
Goodluck India Ltd aims for 18-20% annual revenue growth, driven by expansion into defence sector and hydraulic tube production. The company plans to start trial production of artillery shells in Q1 FY26, with commercial production expected by Q2 FY26. A new subsidiary, Goodluck Defence and Aerospace, will produce 150,000 precision components annually, with plans to expand to 350,000. The company is awaiting a critical government license for the defence vertical, which is expected to improve operating profit margins from 8% to 25%.
RBL Bank Stock in Trading Ban
RBL Bank's stock has been placed under a trading ban. No further details about the reasons for the ban or its duration were provided in the given news snippet.
Larsen & Toubro: Ambitious Plans for Multi-Billion Dollar Defence Business
Larsen & Toubro aims to significantly expand its defence business, targeting a multi-billion dollar segment. The company is aligning with the Indian government's push for defence modernization and export targets. L&T is focusing on manufacturing warships, artillery, and missile systems, among others. The company is also considering investments in defence-related startups and targeting a 20% market share in the nuclear power segment.
CRED: Fintech Unicorn to Raise $75 Million at 45% Lower Valuation
CRED is set to announce a $75 million Series G funding round led by GIC, with participation from RTP Global, Sofina, and founder Kunal Shah. The new funding values CRED at $3.5 billion, a 45% drop from its previous $6.4 billion valuation. Despite the valuation reset, CRED reportedly turned profitable in early FY26 and is expanding its financial services offerings.
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