
Eagle Eye Network
February 3, 2025 at 03:38 PM
*CLOSING BELL*
Date: 3-Feb-2025
📍 NEW ORDERS & CONTRACTS
- Engineers India: Bags ₹1200 crore order as Project Management Consultant for the National Institute.
- Swan Energy: Subsidiary Agneyastra Innovations wins ₹111 crore order for AI-based infrastructure.
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📍 Q3 UPDATES
- Emphire Industries: Q3 net profit at ₹10.2 crore, EBITDA rises to ₹17.91 crore.
- Dhanuka Agritech: Reports 22.2% rise in Q3 net profit to ₹55 crore.
- Iris Clothings: Posts 20% rise in Q3 net profit at ₹2.37 crore.
- GHCL Textiles: Q3 net profit rises to ₹9.37 crore, a 108% YoY increase.
- Man Infra: Q3 net profit at ₹84.4 crore, with EBITDA growth to ₹107 crore.
- Sunil Industries: Reports Q3 net profit at ₹1.24 crore, EBITDA increases to ₹4.16 crore.
- Taj GVK: Reports Q3 net profit growth of 32% to ₹41 crore.
- Suraj Ltd: Q3 net profit rises 8% YoY to ₹7 crore.
- Hindustan Media: Q3 posts a turnaround to ₹18 crore profit from ₹1 crore loss.
- Barbeque Nation: Q3 net profit grows to ₹4.5 crore, EBITDA falls 10% YoY.
- Kalyani Steel: Q3 net profit declines 15% to ₹55.5 crore.
- SkyGold: Q3 net profit up 311% to ₹36.6 crore.
- KPR Mills: Q3 net profit grows 6% to ₹199 crore, EBITDA margin at 20.55%.
- Divi’s Labs: Q3 net profit rises 64.5% to ₹589 crore.
- Tube Investments: Q3 net profit drops 63% to ₹194 crore.
- Shankara Building: Q3 net profit drops 16% to ₹18 crore.
- Thyrocare Tech: Q3 net profit up 24% at ₹19.1 crore.
- Bajaj Steel: Q3 net profit up 36% at ₹13.7 crore.
- Premier Energies: Q3 net profit up 491% to ₹25.52 crore.
- Kabra Extrusion: Q3 net profit up 104% to ₹7.03 crore.
- Aspinwall: Q3 net profit up 83% to ₹4.82 crore.
- Shriram Pistons: Q3 net profit up 12% to ₹119.9 crore.
- Oriental Aromatics: Q3 net profit up 175% to ₹7.14 crore.
- Garden Reach: Q3 net profit rises 11% to ₹98.18 crore.
- HFCL: Q3 net profit declines 10% to ₹73.65 crore.
- Dwarikesh Sugar: Q3 net profit up 9% to ₹10.72 crore.
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📍 ACQUISITION
- TVS Holdings: Acquires majority stake in Home Credit India for ₹554 crore.
- Aarti Drugs: Acquires 26.25% stake in Pro-Zeal Green Power Nine for solar plant.
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📍 LEADERSHIP CHANGES
- TARC: Appoints Rita Misra as Chief Human Resources Officer.
- Sun Pharmaceutical: Appoints Aalok Shanghvi as Chief Operating Officer.
- Gufic Bio: Appoints Rajeev Agarwal as President-Ferticare, effective February 3, 2025.
- Polycab: Executive President Bhushan Sawhney resigns for personal reasons.
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📍 NEW PROJECTS
- Royal Orchid Hotels: Launches Regenta Resort, marking its 15th hotel in Gujarat.
- Marvel Decor: Launches "Solis" motors for blinds, aims for 1% global market share by 2030.
- Solex Energy: Commissions 800 MW high-speed manufacturing line.
- Mach Conferences: Secures international projects from Adani Cement.
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📍 MISCELLANEOUS
- Greenlam Industries: Revises FY25 growth forecast from 18-20% to 12-13%.
- Coffee Day Enterprises: NCLAT order on debt put on hold until 21st February 2025.
- Nettlinx: Board approves ₹85 crore fundraising via preferential issue of warrants.
- Everest Kanto: Faces ₹1,267 crore GST demand; plans to appeal.
- Fredun Pharma: Installs second Italian tube-filling machine, boosting production by 2.9x.
- Refractory Shapes: Supplies to ArcelorMittal Nippon Steel India.
- HFCL: Halts Poland expansion, will serve European customers from India.
- Colab Cloud: To invest INR 10 crore for new sports and fitness e-commerce platform.
- BSE: Launches SENSEX Futures & Options Contracts.
📍 COLLABORATION
- Praj Industries: Appoints Ashish Gaikwad as Managing Director-Designate (strategic leadership development).
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📍 FUNDRAISING
- Nettlinx: Board approves ₹85 crore fundraising via preferential issue of warrants.
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📍 TAX/REGULATORY ISSUES
- Bosch: Receives ₹78 crore tax demand and penalty from Bengaluru GST department.
- Tech Mahindra: Wins relief from Telangana High Court, quashes ₹7000 crore tax order.
- Hindustan Media: Approves investment of up to ₹65.26 crore in four companies.
- Everest Kanto: Faces ₹1,267 crore GST demand; plans to appeal.
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