Kesoram Industries, on Wednesday, increased its fundraising via equity issuance to Rs400cr from Rs200cr as decided earlier. The Board of Directors of the company earlier at its meeting held on May 14, 2021, nodded to a rights issue of up to Rs200cr out of proposed fund raising proposal for Rs600cr to be raised through one or more modes.

Kajaria Ceramics posted a net profit of Rs43.06cr in Q1'FY22 as against a net loss of Rs27.10cr during the previous quarter ended June 2020. The company’s sales grew 102.36% to Rs561.66cr in the quarter ended June 2021 as against Rs277.56cr during the previous quarter ended June 2020. The stock ended at Rs1,025.30 down by Rs2.1 or 0.2% from its previous closing on Wednesday.

East West Holdings renewed its contract worth approximately Rs12 to 14cr with Raymond Limited along with its parents, subsidiaries and group companies and divisions of Raymond Limited for [providing complete logistic solutions. The above contract will boost the Revenue of the Company and help it expand and sustain leadership in its major lines of business.

Bajaj Healthcare posted a 25.7% growth in net profit to Rs19.21cr in Q1FY22 compared to Rs15.29cr in Q1FY21. Profit before tax in Q1FY22 stood at Rs27.25cr, up by 33.4% from Rs20.43cr in Q1FY21. The company reported a 32.8% increase in revenue from operations to Rs185.68cr in Q1FY22 from 139.83cr in Q1FY21. Total expenses during the quarter increased b to Rs159.11cr from Rs120.30cr in Q1'FY21.

Glenmark Pharma posted that Glenmark Life Sciences assigned equity shares, as per the IPO, at an offer price of Rs720 per equity share, to the successful bidders on August 3, 2021. Post the above allotment, the shareholding percentage of Glenmark in Glenmark Life Sciences has reduced from 100% to 82.84%. The IPO comprised of a fresh issue of 14,722,222 equity shares by by Glenmark Life Sciences.

Blue Star, on Wednesday, announced a net profit of Rs 12.88 crore for Q1'FY22. The company announced a consolidated net loss of Rs 19.95 crore in the April-June quarter a year ago. Its revenue from operations during April-June 2021 stood at Rs 1,052.04 crore, a rise of 8.05 per cent as compared with Rs 626.02 crore in the year-ago period.

Tata Consumer Products registered a net profit of Rs200.24cr in Q1FY22. The result declined by 42.05% from Rs345.55cr a year ago same period. The company's revenue from operations stood at Rs3,008.46cr, however, was higher in the quarter under review against Rs2,713.91cr last year same quarter. For the quarter, revenue from operations increased by 11% as compared to Q1'FY21.

India Pesticides' Board of Directors has considered and approved the further investment of Rs2.30cr in Shalvis Specialities Limited, a wholly owned subsidiary of the Company, by way of subscription to equity shares through Rights Issue. India Pesticides manufactures agricultural chemicals. The Company manufactures fungicides, herbicides, insecticides, growth regulators, bulk drugs, among others.

Anjani Portland Cement acquired another 2804231 (2.01%) fully paid-up Equity Shares of Bhavya Cements Private Limited from its existing shareholders at a price of Rs52.59/- per Share. The transaction led to a rise in the company’s shareholding in the Investee Company to 93.53%. The objective of the purchase is to further consolidate the shareholding of the Company in Bhavya Cements.

Transport Corporation of India, on Wednesday, announced a robust growth of 905.72% in its consolidated profit to Rs 47.47 crore for Q1'FY22 against Rs 4.72 crore for the same quarter last year when the country was undergoing a nation-wide lockdown. Total revenues surged 71.30% to Rs 700.21 crore for the June 2021 quarter from Rs 408.76 crore for Q1'FY21.

Adani Green Energy registered a 10-fold jump in its consolidated net profit at Rs 219 crore for Q1'FY22, against the year-ago period, primarily on the back of higher revenues. The consolidated net profit of the firm was Rs 22 crore in the quarter ended June 30, 202. Total income rose to Rs 1,079 crore in the quarter under review, from Rs 878 crore in the same period a year ago.

Dalmia Nisus Finance invested around Rs 80 crore in two real estate projects in Chennai and Bengaluru being developed by Puravankara Ltd and Shriram Properties and is in process of closing three more investments of Rs 125 crore. Dalmia Nisus is the joint venture fund of Nisus Finance headed by industry veteran Amit Goenka and the Gaurav Dalmia Group.

Honda Cars India, on Wednesday, commenced bookings for the new version of its compact sedan Amaze. With the model scheduled to debut on August 18, the company has initiated pre-bookings of the model at all authorised Honda dealerships with a booking amount of Rs 21,000. The current version of Amaze is powered by a 1.5L i-DTEC diesel engine and a 1.2L i-VTEC petrol engine.

Chemplast Sanmar plans to launch its IPO for subscription on August 10. The offer will close on August 12. It will raise Rs 3,850 crore through the public issue which consists of a fresh issue of Rs 1,300 crore and an offer for sale of Rs 2,550 crore by promoters. Promoters Sanmar Holdings and Sanmar Engineering Services will offload Rs 2,463.44 crore and Rs 86.56 crore worth of shares.

Natural gas futures increased for the third successive day on August 4, thanks to an increase in cooling demand on expectations of warm weather in most parts of the United States. The gas prices had surged 2.34% in the previous session on the NYMEX. On the MCX, natural gas delivery for August gained Rs 1.80, or 0.60%, to Rs 301.80 per mmBtu at 14:29 hours with a business turnover of 17,102 lots.