Prabhudas Lilladher's research report on Mold-tek Packaging: MTEP reported 12.3% revenue growth in 2Q25 led by improvement in paints & F&F volumes. MTEP expects double-digit volume growth in FY25 led by 8-10% growth in paints, pick up in F&F segment and anticipated success in pharma sector on increased order flow for 2HFY25.
Open FlipC2i Semiconductors, a chip design startup, raises $4 million in funding from Yali Capital and Lip-Bu Tan, while 30 Sundays, an AI-based travel agent, secures $770,000 in pre-seed funding led by Infoedge Ventures. Both companies plan to use the funds to scale their businesses and strengthen their capabilities.
Open FlipJimJam manufacturer Britannia Industries is set to report its earnings results for the three months ended September on November 11, 2024. The biscuit maker will see higher volume growth compared to peers as a result of its price cuts. According to a Moneycontrol poll of seven brokerages, Britannia Industries is likely to report a seven percent revenue growth at Rs 4,748 crore.
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