Revenue for the June quarter was reported at ₹1,268.97 Crore, which is an increase from ₹1,257.53 Crore recorded in the corresponding quarter of the previous year.
India's full Budget may increase spending due to higher dividends from the RBI, maintaining the fiscal deficit target while boosting growth.
The OAI classification is the most severe of the three possible classifications assigned by the US FDA
The flat net profit and modest revenue growth reflect the tough operating environment during the quarter.
The business intends to use the net funds from the new offering to develop its Dhule plant, repay debt, and for other general corporate reasons.
The rating agency also expects the government to focus on divestments that have missed their aims for the last five years.
In the Sensex index, the leading gainers are Infosys, ITC, Asian Paints, and Titan Company.
Power Mech Projects stock has gained a total of 56% in the last one year, and witnessed a 32% gain since the beginning of the year.
The company faced challenges with lower GRMs impacting profitability.
The state-owned telco was unable to pay interest on its 7.59% July 2033 notes, which were insured by the government.
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