Summary of Nifty 50 News on 18 April 2023

Indicator Sumitomo Che Laxmi Organi SRF Ltd. Aether Indus Jubilant Ing Himadri Spec EBITA YOY C 105.34 -3.13 -29.19 15.73 -18.97 50.3 S 106.93 27.69 -31.52 15.37 -42.25 48.82 Profit YOY C 105.41 -10.37 -29.8 .4 -15.62 42.6 S 107.84 22.06 -31.6 .15 -40.22 40.83 Compren. YOY C 106.64 -10.16 -20.14 .51 -12.33 -8.05 S 109.17 22.07 -34.58 .26 -40.45 -9.7 EPS YOY C 104.84 -14.48 -29.79 .44 -15.15 25.13 S 107.26 17.48 -31.63 -40.12 23.76 EBITA QOQ C 14.96 -20.6 -22.41 445.14 28.31 7.81 S 16.09 -10.78 -26.74 367.31 -15.43 9.15 Profit QOQ C 15.28 -22.46 -40.26 -2196.08 66.08 6.6 S 17.49 -15.93 -42.82 2819.5 5.78 7.71 Compren. QOQ C 15.65 -22.07 -26.19 -2241.27 54.67 8.58 S 17.59 -15.64 -40.23 2737.62 1.31 9.13 EPS QOQ C 15.45 -23.93 -40....

Carysil Limited renews Contract with “KARRAN INC. USA” for supply of Quartz Kitchen Sink for value of ~ USD 68 million over the period of 5 years

3/28/2023 07:39:00 AM

Carysil Limited (Formerly Known as Acrysil Ltd.), one of the leading manufacturer of “Quartz Kitchen Sinks” in world with German technology, has renewed its Contract with “ KARRAN INC. USA ”, for the supply of Quartz kitchen sinks for value of ~ USD 68 million equivalent to ~ Rs. 550 Crores over the period of 5 years commencing from FY24. Commentating on the above, Mr Chirag Parekh, Chairman & Managing Director, Carysil Limited, said: “We are happy to enter into contract for the supply of Quartz kitchen sinks to ‘KARRAN’ for US market over the period of five years. We value our business relationship with Karran and expect to strengthen it further in coming years. KARRAN is rapidly taking over Quartz Kitchen Sink sales in USA from most other manufactures. We understand that global customers are looking at trusted supply manufacturing partner in India; hence, the Europe+1 strategies have b...

L&T signs Agreement with McPhy for Electrolyzer Manufacturing

3/23/2023 03:29:00 PM

Technology leadership and emphasis on local manufacturing to bring down manufacturing cost of electrolyzers Mumbai/Paris : Larsen & Toubro (L&T), an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services, today have entered into an Electrolyzer Manufacturing Binding Agreement with McPhy Energy (Euronext Paris: FR0011742329, MCPHY.PA), a France-based leading electrolyzer technology and manufacturing company, for a long-term partnership to explore the opportunities unfolding in the emerging Green Hydrogen market. Under this partnership, McPhy will grant an exclusive license of its pressurised alkaline electrolyzer technology to L&T for manufacturing of electrolyzers, including future product upgrades. L&T plans to set up a Gigawatt-scale manufacturing facility for electrolyzers based on McPhy technology in India to serve the domestic requirements as well as cater to the other selected geographies. The proposed agreement is in ...

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