Articles for tag: financial performance, food delivery, fundraising

Rajiv Sharma

Zomato plans fundraising meeting on October 22, focusing on shares

Zomato plans fundraising meeting on October 22, focusing on shares

In a significant development for the company, Zomato is set to raise funds following the approval of its Qualified Institutional Placement (QIP). This move comes as part of the company’s strategy to strengthen its financial position and support its growth initiatives in the highly competitive food delivery market. Additionally, Zomato will announce its quarterly results ...

Rajiv Sharma

Reliance Industries profit down 5%, slight revenue increase

Reliance Industries profit down 5%, slight revenue increase

Reliance Industries Limited (RIL), under the leadership of Mukesh Ambani, has officially released its results for the second quarter of the current financial year, specifically for the quarter ending September. This announcement is significant for investors and market analysts as it provides insights into the company’s performance, strategic initiatives, and future outlook. Overview of RIL’s ...

Rajiv Sharma

Announcement leads to 20% upper circuit in the stock, is yours at stake?

Announcement leads to 20% upper circuit in the stock, is yours at stake?

Recently, Sudarshan Chemical Industries saw a significant increase in its share price, marking a notable event in the stock market. The shares surged by 20%, reaching a peak of ₹1216.55, which also represents a new 52-week high for the company. The closing price stood at ₹1207.50, reflecting a substantial gain of 19% for investors. Overview ...

Rajiv Sharma

Investment doubles in a year as company secures defense contract, investors rush to buy shares.

Investment doubles in a year as company secures defense contract, investors rush to buy shares.

On Friday, PTC Industries’ shares hit the upper circuit limit of 5%. This remarkable surge in the company’s stock price can be attributed to the announcement of new projects and initiatives. Over the past year, this stock has impressively doubled in value, capturing the attention of investors and analysts alike. Understanding PTC Industries’ Recent Growth ...