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The new facility can be extended up to 160,000 square feet and will deliver manufacturing solutions to the aerospace and defence industry

The beleaguered Indian education provider is asking more than $100 million from existing investors through a fresh issuance of shares slated for next month, at a price that values the firm at less than $2 billion, people familiar with the matter said. That’s down from $22 billion at its previous round in late 2022.

UBS analysts have issued a Sell call on Kotak Mahindra Bank, setting a target price of Rs 1,875 per share

The addition to the capacity will be through both organic and inorganic routes, with an eye on the anticipated demand growth in infrastructure and housing sectors.

Given the traction in order inflows, the company is confident of growing in the leaders quadrant

In dollar terms, revenue came at $282 million as against $278.1 million in the previous quarter.

Oberoi Realty recorded a 49 percent on-year decline in net profit at Rs 360 crore in Q3FY24.

A sharp fall in index heavyweights such as HDFC Bank, RIL and ICICI Bank dragged the benchmarks off their opening highs

The company did not disclose the value of orders. However, according to company, the value of significant order is between Rs 1,000 crore and Rs 2,500 crore.

The growth in revenue will be aided by a better product mix in favour of premium vehicles, which will lead to a higher average selling price, brokerages have said