Tata Technologies’ shares rose by 1.7% to Rs 1,016.85 on BSE after reporting a 2% decline in net profit to Rs 157 crore for Q2 FY24. Revenue increased by 2% to Rs 1,296 crore, with EBITDA rising 10%, improving margins to 18.2%. The company maintains a strong order book and expects better performance in H2 FY24.
KSB shares rally 7% after securing Rs 118 crore export order for boiler feed pumps
KSB shares gained 7% after the company secured a $12.4-million export order from Dangote Projects Free Zone Enterprise for 18 boiler feed pump packages.