News for Usha Martin Limited (USHAMART.BO)

Join Bandu Barve’s stock picking challenge to win ₹2,000 by guessing the best performing stock by next Friday.

Refinitiv StreetEvents Event TranscriptE D I T E D V E R S I O NUSBL.NS - Usha Martin LtdQ4 2025 Usha Martin Ltd Earnings CallMay 13, 2025 / 08:30AM GMT =====

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

In addition, 60 companies showed higher promoter holding from the year-ago levels. These companies were part of a common sample of 431 companies from the BSE 500 index. The sample companies have reported shareholding data over the past five years and each of them had promoter stake of 25% or more. In the December 2024 quarter, 21 companies had reported a sequential increase in the promoter holding.

Indian markets ended higher for the third straight week, buoyed by hopes of an India-U.S. trade deal and sustained FPI inflows. However, gains were capped due to LoC tensions and weak Q4 results. Global cues remained supportive, with strong U.S. and European market performance. Analysts expect range-bound movement unless a clear breakout above 24,550 on Nifty occurs.

Buzzing stocks, stocks to watch: Religare, ITD Cementation, MobiKwik, KFin Tech, ITC Hotels, Autoline Industries, OneSource, Lloyds Enterprises, HG Infra, Grasim

For the December quarter, Centrum Broking sees Vodafone Idea to report a net loss of Rs 7,129 crore, which would be lower than Rs 7,741 crore in the same quarter last year.

Shares of Vodafone Idea fell 0.25% to Rs 8.10 on BSE on Monday. Market cap of the firm stood at Rs 56,456 crore.

Stocks including Tata Motors, Syngene, JSW Steel, Bharat Electronics, Vodafone Idea, Bharat Forge, NHPC, Torrent Power and more will be in the spotlight on Tuesday, December 10.

India Business News: NEW DELHI: Ailing telecom operator Vodafone Idea on Monday said its board approved the issuance of up to 175.

Promoter group invests ₹1,980 crore in Vodafone Idea through preferential issue, boosting Vi's financial stability.

Vodafone Idea’s board of directors approved the issuance of upto 1.76 billion equity shares at a price of Rs 11.28 per share to two Vodafone group entities - Rs 1280 crore to Omega Telecom Holdings Pvt Ltd and Rs 700 crore to Usha Martin Telematics Ltd, the Indian telco said in an exchange filing on Monday.

Vodafone sold its final 3% stake in Indus Towers for Rs 2,801.7 crore. Multiple global investors purchased the shares. Vodafone will use some proceeds to repay debt. The remaining amount will be invested in Vodafone Idea. This investment will help Vodafone Idea pay its dues to Indus Towers. Vodafone Idea's financial health is crucial for Indus Towers.

Vodafone Idea Share Price: Vodafone has fully exited Indus Towers via a Rs 2,800 crore block deal, causing Indus Towers' shares to rise while Vodafone Idea's dipped. Vodafone will use the proceeds to repay debt and potentially invest in Vodafone Idea, which plans a Rs 2,000 crore fundraise.

Vodafone PLC announced the sale of its remaining 3% stake in Indus Towers on Wednesday, with proceeds to be used to repay Vodafone Idea's debt. The funds will primarily cover a $101 million loan, secured against Vodafone's Indian assets.

Nov 07, 2024 / 08:30AM GMTOperator Welcome to the earnings conference call of Usha Martin Limited. (Operator Instructions) Please note that this conference is b

Indian indices closed in the red on Tuesday, dragged by heavyweights like Reliance Industries, financial, and IT stocks. A higher-than-expected September inflation report dampened hopes for a rate cut, souring investor sentiment.

Indian benchmark equity indices Sensex and Nifty50 logged daily and weekly losses on Friday, weighed down by foreign outflows, slowing corporate earnings and escalating tensions in the Middle East.

The Nifty IT index closed 0.59 per cent up at 42335.7.