ET Intelligence Group: Sudeep Pharma, a pharmaceutical and specialty nutrition company, plans to raise ₹95 crore through fresh issue to fund capex. It also has an offer for sale of upto ₹800 crore. The promoter group’s stake will fall to 76.2% after the IPO from 89.4%. It plans to raise the manufacturing capacity by 50,000…
Bharat Electronics Ltd (BEL) on Friday reported an 18% year-on-year rise in standalone profit after tax (PAT) to Rs 1,286.13 crore for the July–September quarter of FY26, compared with Rs 1,091.27 crore in the same period last year. The Navratna defence PSU’s revenue from operations rose 25.75% year-on-year to Rs 5,763.65 crore from Rs 4,583.41…
BEML Q1 FY26 Results: BEML Ltd, the state-run heavy equipment maker, trimmed its losses in the first quarter of FY26, even as top-line growth remained stagnant. The company reported a consolidated net loss of Rs 64.11 crore for the three months ended June, compared to Rs 70.47 crore in the same period last year. Total revenue…
Kolkata: Shares of PNB Housing Finance declined more than 17% Friday, in its worst fall since October 2018, after the sudden resignation of chief executive Girish Kousgi, who has built for himself a reputation of turning around struggling mortgage lenders. He would leave the organisation on October 28, as per the firm’s exchange filing. His…