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New Delhi [India], April 9: Om Power Transmission Limited (the "Company"), a power transmission infrastructure engineering, procurement, and construction ("EPC")company engaged in executing high-voltage ("HV") and extra-high voltage ("EHV") transmission lines, substations, underground cabling projects, and providing comprehensive operation and maintenance ("O&M") services has successfully secured a capital infusion of ₹4,501.47 lakhs pursuant to the allocation to Anchor Investors, on 08th April, ...Read More >
Solar Industries (SOIL)'s operating performance was in line with consensus' estimate. EBITDA, at INR 5.3bn, jumped 19% YoY driven by robust defence and exports, compensating for the subdued performance in mining and infra segments, which were impacted on account of monsoon arriving early. Defence revenue rose 115% YoY to INR 4,180mn while exports and overseas grew 42.7% YoY to INR 8,260mn. EBITDA margins were largely stable QoQ at 24.8% (~150bps dent due to hyper-inflation in Turkey and FX fluct ...Read More >
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