Unicaus NEWS
Equity benchmark indices Sensex and Nifty tumbled in early commerce on Tuesday, after two days of rally, dragged decrease by IT shares and weak Asian market tendencies.
Mumbai:
Steel and aluminium merchandise producer Godha Cabcon & Insulation has reported a progress in monetary efficiency for the quarter and monetary 12 months ended March 31, 2025. The firm has additionally posted a year-on-year income progress. It has registered a bounce in annual revenues, surging from Rs 16.76 crore in FY24 to Rs 17.55 crore in FY25.
The firm’s internet revenue for FY25 stood at Rs 7.17 crore, up considerably from Rs 0.51 crore within the earlier fiscal 12 months.
Order From Overseas Metal and Alloys
Earlier, the corporate bagged a Rs 56.6-crore work order from Overseas Metal and Alloys. The order was for provide of HT energy cables and aluminium weasel conductors, the corporate mentioned in an announcement.
“Godha Cabcon and Insulation Ltd secures a significant order from Overseas Metal & Alloys Pvt Ltd valued at Rs 566 million,” it mentioned.
Godha Cabcon and Insulation Ltd is without doubt one of the main producers of excessive grade conductors, whereas Overseas Metal and Alloys manufactures aluminum ingots.
Stock Market Today
Equity benchmark indices Sensex and Nifty tumbled in early commerce on Tuesday, after two days of rally, dragged decrease by IT shares and weak Asian market tendencies.
The 30-share BSE benchmark gauge Sensex dropped 460.38 factors to 81,716.07 in early commerce. The NSE Nifty declined 162.05 factors to 24,839.10.
Later, the BSE benchmark traded 627.86 factors decrease at 81,548.59, and the Nifty quoted 178 factors down at 24,807.95.
Investors turned cautious forward of the discharge of business and manufacturing manufacturing information for April on Wednesday and the primary quarter GDP numbers, scheduled to be introduced later this week, specialists mentioned.
From the Sensex companies, NTPC, Mahindra & Mahindra, Bajaj Finserv, HCL Tech, Eternal, Tata Consultancy Services, Infosys, ExtremelyTech Cement, Axis Bank and Tata Motors had been among the many laggards.
