Mon, Apr 29, 2024 7:58 PM
PNB Housing Finance's net profit increases by 57.28% in Q4 FY24
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Larsen & Toubro on Thursday said its wholly-owned arm L&T Valves Ltd has set up a new manufacturing unit in Saudi Arabia.The facility is strategically located at Al Jubail, off the Dammam-Abu Hadriyah Highway.L&T Valves is one of the largest suppliers of on-off valves to Saudi Arabia, the company said in a statement.
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Sharekhan's research report on Shree Cement: Q4FY2024 saw an operational beat led by higher than expected sales volumes, higher realisations and lower opex per tonne. Lower tax outgo leads to a PAT beat. Management retained sales volume guidance of 39-40 million tonnes for FY2025 expected a strong recovery in demand from H2FY2025.
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LKP Research's research report on AIA Engineering: AIA Engineering’s (AIAE) combined sales in Q4FY24 dropped by 9.7% YoY, totaling ₹11.5 bn, slightly below what was expected. This decrease was mainly due to lower prices per unit (₹158/kg compared to ₹170/kg in the same quarter last year) because of reduced raw material costs, as well as lower sales volume.
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