Sat, Apr 24, 2021 9:07 PM
ICICI Bank offered Rs 175 crore for compound interest refund
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Shares of L&T Technology Services (LTTS) fell 9.5 percent on Friday (April 26) after the IT firm forecasted a 100 basis point decline in its FY25 EBIT (earnings before interest and taxes) margin in guidance. L&T Tech reported a modest 0.2 percent YoY increase in net profit, reaching ₹340 crore, due to slower revenue growth and a reduction in margins. Its revenue grew 5 percent YoY.
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On April 25, 2024, foreign institutional investors (FII) offloaded shares worth Rs 2,823.33 crore, while domestic institutional investors (DII) bought shares worth Rs 6,167.56 crore. In the current trading session benchmark indices trade on a negative note with the Sensex trading substantially lower by 0.59 percent, while Nifty also declined by 0.52 percent.
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JTL Industries Ltd, a leading manufacturer in India, supplies steel tubes, pipes, and related products. Their offerings include ERW pipes, galvanized pipes, and even solar structures. Operating across various industries like infrastructure and energy, JTL boasts a wide client base including Tata Power, Ashok Leyland, and Siemens.
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