Eagle Eye Network
February 4, 2025 at 02:00 PM
*CLOSING BELL*
Date: 4-Feb-2025
*To Read More:* https://t.me/eagleyeNetwork
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📍 NEW ORDERS & CONTRACTS
- L&T: Wins ₹5,000-10,000 crore order for a Pellet and DRI plant from a MENA steel producer.
- Avantel: Secures ₹5.81 crore purchase order from Satish Dhawan Space Centre – ISRO for an Annual Maintenance Contract.
- Veefin Solutions: To acquire 74% stake in Fintech Innovations International DMCC for USD 4.44 million.
- boAt: Partners with Antara Senior Care for senior care technology devices.
- Siyaram Recycling: Wins ₹10.2 crore order for 200 tons of Brass Billets export to China.
- Hazoor Multi Projects: Wins ₹67.16 crore order for toll collection and maintenance services from NHAI.
- Marsons: Secures ₹42.71 crore order for power transformers from Jakson Ltd.
- Moksh Ornaments: Secures ₹120 crore order from Lalithaa Jewellery Mart for gold ornaments.
- Confidence Futuristic: Wins ₹36 crore order through its subsidiary Confidence Enterprise.
- NTPC: Wins legal victory with Delhi High Court overturning ₹1,891 crore arbitral award.
- RattanIndia Enterprises: Acquires 100% stake in Cocoblu Quick Commerce Ltd.
- Trident Lifeline: Completes acquisition of 51% stake in Trident Mediquip Ltd.
- Premier Energies: Reviews plans for a 1.2 GW solar cell manufacturing facility in the US.
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📍 Q3 UPDATES
- Paisalo Digital: Posts Q3 net profit of ₹62 crore, up from ₹56 crore YoY.
- Smruthi Organic: Posts Q3 net profit of ₹1.47 crore, reversing a loss of ₹2.28 crore YoY.
- Bansal Roofing: Reports Q3 net profit of ₹3 crore, up from ₹1 crore YoY.
- Dhampur Bio: Posts Q3 net loss of ₹6.2 crore, widening from ₹4 crore loss YoY.
- Sarthak Metals: Posts Q3 net profit of ₹1.22 crore, down from ₹1.7 crore YoY.
- Zydus Wellness: Posts Q3 net profit of ₹6.4 crore, up from ₹0.3 crore YoY.
- Taj GVK: Posts Q3 net profit of ₹33.8 crore, up from ₹24.2 crore YoY.
- Eris Life: Q3 net profit declines to ₹83 crore from ₹103 crore YoY.
- Midhani: Q3 net profit rises to ₹25 crore from ₹12.7 crore YoY.
- Mobikwik: Posts Q3 net loss of ₹55 crore, reversing profit of ₹5 crore YoY.
- J Kumar Infra: Reports Q3 net profit of ₹90 crore, up from ₹82 crore YoY.
- Ceigall India: Posts Q3 net profit of ₹73 crore, down from ₹79 crore YoY.
- Ajmera Realty: Reports Q3 net profit of ₹34 crore, up from ₹30.5 crore YoY.
- Kajaria Ceramics: Posts Q3 net profit of ₹79 crore, down from ₹108 crore YoY.
- Asian Paints: Reports Q3 net profit decline to ₹1,110 crore, down from ₹1,440 crore YoY.
- GPT Infra: Q3 net profit rises to ₹21.4 crore, up from ₹15 crore YoY.
- Uday Jewellers: Reports Q3 net profit of ₹4.53 crore, up from ₹2.88 crore YoY.
- Thermax: Q3 net profit drops to ₹115 crore, down from ₹238 crore YoY.
- Hikal: Q3 net profit rises to ₹17 crore, up from ₹16 crore YoY.
- Bharat Bijlee: Posts Q3 net profit of ₹40.5 crore, up from ₹30 crore YoY.
- Lyka Labs: Q3 net profit rises to ₹2.7 crore, up from ₹1.8 crore YoY.
- Whirlpool India: Q3 net profit up 57% YoY at ₹43.96 crore.
- J G Chemicals: Q3 net profit up 66% YoY at ₹16.9 crore.
- GTL Infra: Posts Q3 net loss of ₹41.8 crore, reversing a profit YoY.
- Whirlpool India: Announces changes in senior leadership positions, effective March 25, 2025.
- JK Tyre: Q3 net profit down 77% YoY at ₹5.15 crore.
- Titan: Q3 net profit down 5% YoY, but up 40% QoQ.
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📍 ACQUISITIONS
- Minda Corp: Invests ₹15 crore in Spark Minda Green Mobility Systems.
- Prism Johnson: To sell industrial premises in Maharashtra for ₹164 crore to JSW Steel.
- RCF: Starts commercial production at new AN Melt Plant in Trombay.
- Affle India: Granted a new patent for seamless switching between conversational agents.
- JK Tyre: To increase its stake in Treel Mobility Solutions to 66%.
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📍 MISCELLANEOUS
- Diageo: Removes its medium-term growth guidance for USL, plans near-term updates instead.
- IEX: Achieves 16% YoY increase in electricity traded volume in January 2025.
- VVIP Infratech: Launches luxury real estate development in Greater Noida West.
- Gandhar Oil: Board approves merger of Gandhar Shipping & Logistics with Gandhar Oil Refinery.
- DIC India: Files for arbitration to recover INR 2.85 crore from Agam Agochars Pvt Ltd.
- Sun Pharmaceutical: And Philogen complete patient enrollment for FIBROSARC trial for Soft Tissue Sarcoma.