Company Profile

InterGlobe Aviation (IndiGo) has strengthened its fleet with the introduction of wide-body aircraft to its fleet. Since inception in 2006, IndiGo has been successfully building its position and is now defining its future further on the path of becoming a global aviation player. IndiGo agreed to place an order for 30 Firm A350-900 aircraft, which will enable IndiGo to spread its wings further and expand its network. From the various Indian metros, IndiGo will be able to connect to the world. The aircraft will be powered by Rolls Royce’s Trent XWB engine. The mission capability of this aircraft coupled with the efficiency of the Trent XWB engine will offer IndiGo unprecedented optionality as it embarks on the next stage of its wonderful journey of addressing the rapidly evolving needs of the Indian customer and the nation.  

PG Technoplast, a wholly-owned subsidiary of PG Electroplast (PGEL), has marked a significant milestone with the unveiling of its new marquee air conditioning manufacturing facility for North India in Bhiwadi, Rajasthan. This strategic investment aims to meet the growing demand for energy-efficient and sustainable cooling solutions in India and expand the company's footprint in the rapidly growing air conditioning market. 

ACC has reported over 4-fold jump in its net profit at Rs 944.84 crore for fourth quarter ended March 31, 2024 as compared to Rs 235.66 crore for the same quarter in the previous year. Total income of the company increased by 12.59% at Rs 5,528.45 crore for Q4FY24 as compared Rs 4,910.06 crore for the corresponding quarter previous year.  

Tata Communications has issued and allotted Commercial Paper aggregating to an amount of Rs 350 crore on April 24, 2024. The said Commercial Paper has been listed on National Stock Exchange of India on April 25, 2024. 

Tata Communications has reported results for fourth quarter (Q4) and year ended March 31, 2024.

Tata Communications has reported net profit at Rs 173.93 crore for the quarter under review as compared to net loss of Rs 137.78 crore for the same quarter in the previous year. Total income of the company increased by 5.73% at Rs 2,107.99 crore for Q4FY24 as compared Rs 1,993.80 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported fall of 1.57% in its net profit at Rs 321.52 crore for fourth quarter ended March 31, 2024 as compared to Rs 326.64 crore for the same quarter in the previous year.  However, total income of the company increased by 24.15% at Rs 5,748.70 crore for Q4FY24 as compared Rs 4,630.45 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 4.13% fall in its net profit at Rs 638.63 crore as compared to Rs 666.15 crore for the previous year.  However, total income of the company increased by 8.82% at Rs 8,415.76 crore for year under review as compared to Rs 7,733.30 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 46.16% fall in its net profit at Rs 969.58 crore as compared to Rs 1800.87 crore for the previous year. However, total income of the company increased by 16.75% at Rs 21,251.29 crore for year under review as compared to Rs 18,201.41 crore for year ended March 31, 2023.

Tata Communications is currently trading at Rs. 1878.55, down by 5.50 points or 0.29% from its previous closing of Rs. 1884.05 on the BSE.

The scrip opened at Rs. 1846.90 and has touched a high and low of Rs. 1923.05 and Rs. 1846.90 respectively. So far 38254 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2085.00 on 03-Apr-2024 and a 52 week low of Rs. 1175.00 on 20-Apr-2023.

Last one week high and low of the scrip stood at Rs. 2023.90 and Rs. 1846.90 respectively. The current market cap of the company is Rs. 53580.00 crore.

The promoters holding in the company stood at 58.86%, while Institutions and Non-Institutions held 31.37% and 9.77% respectively.

Tata Communications has reported results for fourth quarter (Q4) and year ended March 31, 2024.

Tata Communications has reported net profit at Rs 173.93 crore for the quarter under review as compared to net loss of Rs 137.78 crore for the same quarter in the previous year. Total income of the company increased by 5.73% at Rs 2,107.99 crore for Q4FY24 as compared Rs 1,993.80 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported fall of 1.57% in its net profit at Rs 321.52 crore for fourth quarter ended March 31, 2024 as compared to Rs 326.64 crore for the same quarter in the previous year.  However, total income of the company increased by 24.15% at Rs 5,748.70 crore for Q4FY24 as compared Rs 4,630.45 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 4.13% fall in its net profit at Rs 638.63 crore as compared to Rs 666.15 crore for the previous year.  However, total income of the company increased by 8.82% at Rs 8,415.76 crore for year under review as compared to Rs 7,733.30 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 46.16% fall in its net profit at Rs 969.58 crore as compared to Rs 1800.87 crore for the previous year. However, total income of the company increased by 16.75% at Rs 21,251.29 crore for year under review as compared to Rs 18,201.41 crore for year ended March 31, 2023.