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10 Aug 2024

71.96

-0.30%

Jagran Prakashan Q1 result: PAT dips 6.5% to Rs 41 cr, revenue at Rs 444 cr

Business Standard

Jagran Prakashan Ltd, the publisher of Hindi daily Dainik Jagran, on Saturday reported a decline of 6.51 per cent in its consolidated net profit at Rs 41.03 crore in the first quarter ended June 2024. The company had posted a net profit of Rs 43.89 crore in the April-June quarter a year ago, according to a regulatory filing from Jagran Prakashan Ltd (JPL). Its revenue from operations was down 2.3 per cent to Rs 444.11 crore in the June quarter. It was at Rs 454.57 crore in the corresponding quarter a year ago. JPL's total expenses declined 2.28 per cent to Rs 409.82 crore in the June quarter of FY25. Its revenue from printing, publishing and digital was at Rs 303.54 crore, down 8 per cent year on year. Revenue from FM radio business was up 12.41 per cent to Rs 59.60 crore during the reporting quarter. Total income of JPL, which includes other income, was down 1.88 per cent year on year to Rs 467.23 crore.

Jagran Prakashan Ltd. is trading below all available SMAs

Citizen Infoline Ltd.

05 Aug 2024

205.50

1.99%

CIL, GAIL sign agreement to set up coal-to-synthetic natural gas project

Business Standard

State-owned CIL on Monday said it has entered into a joint venture agreement with GAIL (India) Ltd to set up a coal-to-synthetic natural gas project in West Bengal. While Coal India Ltd (CIL) will have 51 per cent shareholding in the joint venture, GAIL, the nation's largest gas transportation and distribution firm, will have 49 per cent. The joint venture will be incorporated as a private limited company. The initial paid-up share capital is Rs 1 lakh, CIL said in a BSE filing. The registered office of the joint venture will be in West Bengal and CIL and GAIL each will have the right to nominate three executives as directors of the JV. Earlier this year, the Cabinet Committee on Economic Affairs had approved setting up a coal-to-synthetic natural gas project through a joint venture between CIL and GAIL, and a coal-to-ammonium nitrate project through a venture between CIL and BHEL. CIL will set up two coal gasification plants as part of efforts to achieve the target of 100 MT coal

Citizen Infoline Ltd. has an average target of 220.00 from 1 broker.

HT Media Ltd.

01 Aug 2024

26.76

1.87%

Mahyco seals joint venture with US' RiceTec for HT rice and wheat

Business Standard

In the case of HT rice, the technology that the JV will commercialize is called 'FullPage' which is a new generation double stack mutant herbicide-tolerant rice technology

HT Media Ltd. is trading above all available SMAs

MPS Ltd.

28 Jul 2024

2276.20

1.24%

PSU banks may get another 2-year extension to comply with Sebi's MPS norms

Business Standard

Public sector banks are expected to get another two-year extension to comply with Sebi's minimum public shareholding (MPS) norms, a top government official has said. Out of 12 public sector banks (PSBs), five are yet to comply with MPS norms and the government's holding is beyond 75 per cent. As per the Securities and Exchange Board of India (Sebi), all listed companies must maintain an MPS of 25 per cent. However, the regulator gave special forbearance to state-owned banks till August 2024 to meet the requirement of 25 per cent MPS. "We have written to the Department of Economic Affairs for the extension," Financial Services Secretary Vivek Joshi told PTI in an interview. Generally, he said, a two-year extension is given and hopefully it should come sooner than later. Five banks have minimum public shareholding of less than 25 per cent. Currently, government holding in Delhi-based Punjab & Sind Bank is 98.25 per cent. It is followed by Chennai-based Indian Overseas Bank at 96.3

MPS Ltd. has an average target of 2881.00 from 1 broker.

Hindustan Media Ventures Ltd.

25 Jul 2024

84.93

-1.30%

Hindustan Media Ventures Q1 results: Profit tanks over 91% to Rs 0.52 cr

Business Standard

Hindustan Media Ventures Ltd (HMVL) on Thursday reported a 91.82 per cent decline in its profit after tax of Rs 0.52 crore for the first quarter of 2024-25. The company had posted a profit after tax of Rs 6.36 crore in the April-June period a year ago, according to a regulatory filing by HMVL, the publisher of Hindi daily Hindustan. Its revenue from operations was down 3.78 per cent to Rs 162.18 crore in the April-June quarter compared to Rs 168.56 crore in the corresponding period a year ago. Total expenses of HMVL were flat at Rs 188.55 crore in the June quarter. Its revenue from printing & publishing of newspapers & periodicals was at Rs 154.35 crore and Rs 9.03 crore from digital. HMVL's total income was at Rs 189.09 crore, down 5.44 per cent. Shares of Hindustan Media Ventures Ltd were trading at Rs 100.50, down 1.51 per cent from the previous close on BSE.

Hindustan Media Ventures Ltd. average weekly volume is high.

DB Corp Ltd.

16 Jul 2024

277.25

-0.98%

DB Corp Q1 Results: Profit Jumps Nearly 50% To Rs 118 Crore

NDTV Profit

DB Corp's stock rose as much as 5.54% after the announcement of results to a seven-year high of Rs 403.9 apiece on the NSE.

Number of FII/FPI investors decreased from 112 to 106 in Jun 2025 qtr

DB Corp net profits surge 50% YoY in June quarter; stock hits 52-week high

Business Standard | 16 Jul 2024

Citizen Infoline Ltd.

10 Jul 2024

205.50

1.99%

State-owned CIL firms up coal gasification joint venture plan with Bhel

Business Standard

In May 2024, CIL and Bhel joined hands to set up BCGCL as a joint venture. CIL holds 51 per cent stake while Bhel has 49 per cent

Citizen Infoline Ltd. has gained 432.25% in the last 6 Months

Citizen Infoline Ltd.

09 Jul 2024

205.50

1.99%

Contractual mining, mechanization key to record coal stock: CIL CMD

Business Standard

Our output of 189 MTs in the first quarter of the current financial year was around 14 MTs more compared to last year's same quarter, giving us the leverage to step up our supplies, Prasad said

Citizen Infoline Ltd. has gained 256.21% in the last 3 Months

Citizen Infoline Ltd.

01 Jul 2024

205.50

1.99%

State-run Coal India's production rises by 8% to 189 MT in first quarter

Business Standard

State-owned CIL's coal production rose 8 per cent to 189.3 million tonne (MT) in the first quarter of the ongoing financial year. The company's coal output was 175.5 MT in April-June period of the previous fiscal. "Moving past the target of 189.2 MT, CIL achieved 100 per cent satisfaction in Q1 of the current fiscal year," Coal India Ltd (CIL) said in a statement. While all the seven producing subsidiaries of the coal behemoth achieved positive growth, five of them breached their respective targets. The company's production in June increased by 9 per cent to 63 MT, over 58 MT produced in June FY24. On the back of a strong production growth and increased coal loading, CIL's total supplies rose to 198.4 MT during April-June FY25 with 6 per cent year-on-year growth. The increase of 11.4 MT in absolute numbers came over a high base of 187 MT. At a time when power demand in the country is spiking, CIL's supply to coal-fired plants grew 4 per cent to 160 MT during the first quarter of

Citizen Infoline Ltd. has gained 57.17% in the last 1 Month

Citizen Infoline Ltd.

19 Jun 2024, 07:56PM

205.50

1.99%

CIL awards underground mines to private players to bolster revenue stream

Business Standard

Contract given on revenue-share model; idea is to unlock more coal production and industry participation

Citizen Infoline Ltd. has gained 12.54% in the last 1 Week