The company ended the quarter with cash and cash equivalents of $166.4 million, thanks to net proceeds of $93.6 million through a private placement of shares in the fourth quarter.
Crompton Greaves Consumer Electricals reported a 22.5% rise in Q4 net profit and expanded EBITDA margins to 12.8%, signaling strong operational performance.
A wave of caution swept across Asian trading floors for the second consecutive day on Friday, as investors, finding few fresh catalysts, opted for a more circumspect stance.
APL Apollo Tubes is nearing its all-time high of ₹1,800, supported by strong technical momentum across timeframes, according to the analyst. The stock shows bullish continuation with key support seen at ₹1,750.
Jim Cramer weighed in on the deepening crisis at one of America's largest health insurers, which has lately found itself under intense scrutiny by the public, regulators, and the media.
