Business

Kranti Industries Secures ₹83.12 Lakh Order for Agri Implements from CNH Industrial

Kranti Industries Limited has announced the receipt of a business nomination letter and purchase order valued at ₹83.12 lakh from CNH Industrial (India) Private Limited. The order encompasses the development and supply of three product assemblies—Knife, Arm HD, Frame Knotter Assembly, and Latch Assembly—as part of CNH’s Agri Implements project. The project involves Kranti’s subsidiary, […]

Mahindra & Mahindra Reports Q2 Financial Results with 35% Rise in Profit

Mahindra & Mahindra Limited has announced its financial results for the second quarter (Q2) and the half-year ending September 30, 2024. The company reported a consolidated profit after tax (PAT) of ₹3,171 crore for Q2, reflecting a 35% year-over-year increase from ₹2,348 crore in Q2 of the previous year. Consolidated revenue for the quarter rose […]

Gujarat Toolroom Completes ₹50 Crore QIP, Expands Equity Base

Gujarat Toolroom Limited has raised ₹50 crores through a Qualified Institutional Placement (QIP), issuing 43,478,260 equity shares at ₹11.50 per share, including a premium of ₹10.50 per share. This capital raise marks an increase in the company’s paid-up equity capital from ₹11.66 crores to ₹16.01 crores, following the allotment of shares to institutional investors. The […]