Shares of Grasim Industries are in focus on November 14 as the company is anticipated to post solid revenue and profit growth for the quarter ended September 30, 2024. The flagship Aditya Birla Group firm is slated to report its Q2FY25 earnings later in the day.Grasim's revenue from operations could see a year-on-year (YoY) rise of 17-20%, with net profit likely rising 18% YoY, according to estima...

Shares of Medplus Health Services soared as much as 7 percent on November 13 as investors cheered for the company's robust earnings performance in the September quarter, marked by a twofold rise in net profit.At 09.32 am, shares of Medplus Health Services were trading at Rs 713 on the NSE. The stellar earnings also lifted trading volumes in the counter as six lakh shares already changed hands so f...

Ambuja Cements Ltd, part of the Adani Group, has announced that it will acquire a 46.8 percent stake in Orient Cement Ltd, at an equity value of Rs 8,100 crore. The deal will be executed through the purchase of shares from the promoters of Orient Cement as well as certain public shareholders, at Rs 395.4 per share.The acquisition will be carried out in two stages: Ambuja Cements will acquire 37.9 ...

Shares of Ambuja Cements soared over 3 percent on July 11 after brokerage firm Nomura double upgraded the cement manufacturer to a 'buy' rating, factoring in the company's aggressive capacity expansion.Along with this upgrade, the brokerage firm has raised its price target for Ambuja's stock from Rs 500 to Rs 780, a significant increase of nearly 56 percent.Nomura attributed this sharp rise in the...

The market continues to be fixated with order wins, as can be seen from the upbeat reaction whenever companies announce one. A healthy order book matters no doubt, but right now the Street appears to be ignoring the fact that execution matters too. And if the execution goes awry, it will have an immediate impact on profitability. Blue Star’s Managing Director B Thiagarajan made this point a coup...