May 4, 2021By: Rounak Jain
RBI has imposed a penalty of ₹3 crore for violation of norms related to classification of investment portfolios.
The Adani group company will declare its March 2021 quarter results today.
It has signed the largest power purchase agreement so far with the Solar Energy Corporation of India for 540MW of wind power projects.
Adani Ports, Adani Total Gas, Alembic Pharmaceuticals, DCM Shriram, Apollo Pipes, IIFL Securities, L&T Infotech, Suven Life Sciences and more.
Its FY21 revenue has increased by 11 percent to ₹2,636 crore while its March 2021 quarter profit came in at ₹29 crore, compared to ₹198 crore a year ago.
It reported a net profit of ₹205 crore for the March 2021 quarter, compared to ₹186 crore a year ago. Revenue increased by 3 percent to ₹1,447 crore, quarter-on-quarter.
First State Superannuation Scheme and EAM Emerging Markets Small Cap Fund bought 3.58 lakh shares at ₹1,179.42 per share. HDFC Mutual Fund sold 1.8 lakh shares at ₹1,254.57 per share.
CRISIL has reaffirmed long-term credit rating at AA- Stable and short-term at A1 .
It has shut down its ammonia and urea plants for annual maintenance, effective from May 3.
Its subsidiary Motherson Rolling Stock Mexico has acquired Bombardier Transportation’s plant for electrical wiring interconnection systems in Mexico.