News for Carborundum Universal Limited (CARBORUNIV.BO)

CUMI's Aerospace and Defence division specializes in advanced ceramics for armour, fasteners, and aerospace components, catering to growing demand.

May 13, 2025 / 05:30AM GMTOperator Ladies and gentlemen, good day, and welcome to Carborundum Universal Limited Q4 FY25 earnings conference call hosted by DAM C

Carborundum Universal Ltd reports 79% drop in net profit, declares ₹2.50 dividend per share for FY25.

Realty firm Trinity awards ₹510 crore contract, Puravankara Group CEO resigns, Kaynes acquires August Electronics, Adani Power wins UP bid.

Stocks including Reliance Industries, ITC, Power Grid, LTIM, Vedanta, HAL, Paytm, BSE, Federal Bank, RITES, Mankind Pharma and NCC will be in the spotlight on Tuesday, April 01.

The Indian stock market remained closed on Monday for Eid al-Fitr 2025. On Friday, Sensex and Nifty ended lower due to weakness in auto and IT stocks, amid investor caution over upcoming US tariffs. However, foreign inflows and hopes of domestic growth recovery fueled intraday volatility.

Carborundum Universal surged by up to 8.2% on Tuesday, reaching Rs 912.45 on the BSE, while Praj Industries gained 6.5%, hitting Rs 508. Kotak Equities increased its target price for Carborundum to Rs 980, suggesting a possible 7.4% upside from the current price.

The analysis revealed that nearly 96% (255) of low beta stocks have dropped by double digits from their 52-week peak, with 5% (13 stocks) falling over 50%.

Indian markets closed nearly flat as IT gains offset consumer stock declines. Persistent FII outflows, weak earnings, and global trade worries kept sentiment cautious, while small and midcap stocks lagged due to valuation concerns.

Stocks including Bharti Airtel, Zomato, ABB India, Paytm, Anant Raj, SBI Cards, GMR Airports, KIMS and Uno Minda more will be in the spotlight on Tuesday, February 14.

Feb 14, 2025 / 06:00AM GMTOperator I now hand the conference over to Ms. Bhoomika Nair from DAM Capital Advisors. Thank you, and over to you, ma'am.Bhoomika Nai

Buzzing Stocks Today, Stocks that will see action today: 22 January 2025 - Sequent Scientific, NDR InvIT, JK Tyre, Intellect Design, CUMI, Wendt, Tata. Power

Stocks including Reliance Industries, Torrent Pharma, L&T, Voltas, RITES, Marico, Concor, Godavari Biorefineries and more will be the spotlight on Wednesday, October 30.

Adani Enterprises withdraws demerger scheme, oil marketing companies hike commission, Sky Gold raises capital, HDFC buys PNB Housing shares.

Global construction and infrastructure investments, along with increase in demand from the refractory industry, are propelling the growth of the bauxite...

CG Power acquires Renesas Electronics' RF components business to enter semiconductor design sector, enhancing India's presence.

CG Power acquires Renesas Electronics' RF components business for $36 million, enhancing India's semiconductor design presence.

The uptick in share price came after Carborundum Universal revealed that it has entered into a share purchase agreement to acquire a 100 per cent stake in Silicon Carbide Products, USA: Carborundum Universal share price

The global abrasives market size is anticipated to grow from USD 38.50 billion to USD 60.94 billion in 10 years. The market will experience rapid growth...