Shares of BigBloc Construction traded 3.8 percent higher at Rs 274.50 on May 7 after renowned investor Shankar Sharma bought an equity stake in the building block manufacturer. Sharma bought 3.65 lakh shares, or a 0.51 percent stake in Bigbloc Construction at an average price of Rs 235. The total value of the deal is Rs 8.57 crore.BigBloc's shares have more than doubled in the last one year.
Open FlipNew Delhi: Sajjan Jindal-led JSW Energy on Tuesday posted a 29 per cent rise in its consolidated net profit to ₹351 crore in the March quarter compared to a year ago mainly on the back of higher revenues.The company had reported a consolidated net profit of ₹272 crore in the quarter ended on March 31, 2023, according to a BSE filing.
Open FlipPharmaceuticals major Dr Reddy’s Laboratories Ltd (DRL) on Tuesday reported a net profit of ₹1,307 crore for the quarter ended March (Q4FY24), surpassing analysts' expectations. Net profit rose 36% year-on-year, primarily driven by strong performance in the US market.In an exchange filing, the Hyderabad-based company said that revenue increased to ₹7,083 crore during the quarter.
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