Tech Mahindra today hit the 10% upper circuit limit at Rs 1,242.4 on BSE despite reporting a 41% YoY drop in its March quarter profit as investors appreciated new CEO Mohit Joshi's FY27 strategy. While the restructuring efforts are in the right direction and the FY27 strategy is in place, investors will await the results on account of these efforts before the stock gets rerated.
Open FlipJyoti Structures Limited (JSL) was pre-qualified by Kenya's Kenya Transmission Company Limited (KETRACO) to bid on a new 88 km, 132 kV transmission line project between Narok and Bomet. This turnkey project, funded by the African Development Bank, requires a qualified EPC (Engineering, Procurement, and Construction) company. JSL experience with similar projects in Kenya, along with their extension
Open FlipAro Granite Industries Q4 Results: Aro Granite Industries declared their Q4 results on 23 Apr, 2024. The topline decreased by 29.95% & the profit decreased by 26.25% YoY. As compared to the previous quarter the revenue declined by 73.08% and the profit decreased by 62.21%. The Selling, general & administrative expenses declined by 68.91% q-o-q & decreased by 5.82% Y-o-Y.
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