Browsing Tag
Gujarat
312 posts
UltraTech Cement profit rises 21% as capacity reaches 210mt and wires expansion begins
UltraTech Cement Limited reported an 18.9% increase in September-quarter net sales and a 21.3% rise in profit after tax as domestic cement volumes expanded, while its new Ultravolt wires business opened another front in India's building materials market.
GP Petroleums (NSE: GULFPETRO) appoints Shirish Suvagia CFO during infrastructure expansion
GP Petroleums Limited has appointed Shirish Suvagia as Chief Financial Officer while existing CFO Arjun Verma moves out of the finance post but remains Executive Director. The transition coincides with a ₹44.27 crore investment giving GP Petroleums management control of a Pipavav liquid-storage terminal, widening the finance function from lubricants into infrastructure and logistics.
Transformers and Rectifiers (NSE: TARIL) Q2 profit jumps 118% as Rs 7,237cr order book sparks share rally
Transformers and Rectifiers (India) Limited reported 61% revenue growth and more than doubled consolidated profit in Q2 FY27. Shares surged over 15% on October 14 as strong orders, expanding margins and new manufacturing capacity strengthened the company's growth outlook.
GHCL starts 2,800-tonne bromine production as Rs 330cr diversification plan advances
GHCL Limited has commenced commercial bromine production in Gujarat, completing a second manufacturing milestone after its vacuum salt launch. Management expects the two businesses to generate attractive margins, although production ramp-up and weak soda ash demand remain important tests.
GSFC seeks partner for 500,000-tonne green ammonia plant as Gujarat project takes shape
Gujarat State Fertilizers & Chemicals Limited is seeking a strategic joint venture partner for a green ammonia facility of at least 500,000 tonnes a year at Sikka, with the project potentially requiring 2 GW to 3 GW of renewable power and targeting commissioning before the end of 2030.
Kaynes Technology’s (NSE: KAYNES) Rs 600cr cash outflow raises a bigger semiconductor funding question
Kaynes Technology's FY2026 revenue reached ₹3,626 crore, but consolidated operating cash outflow widened to ₹600 crore as working-capital requirements increased. Its ₹3,307 crore Sanand semiconductor project and advanced PCB investment now face a crucial test of funding discipline, customer demand and cash generation.
Suzuki asks India suppliers to cut factory week as 4-million-car expansion approaches
Suzuki is asking key Indian suppliers to reserve one day every week for machinery maintenance as Maruti Suzuki prepares for a huge capacity expansion and a broader export role.
Sapphire Foods gets Rs 1.4cr Gujarat GST notice as Devyani merger advances
Sapphire Foods India Limited has received a Gujarat GST show-cause notice involving about ₹1.40 crore of disputed input-tax credit, adding another tax proceeding as the KFC and Pizza Hut operator progresses its proposed merger with Devyani International Limited and works to sustain its Q1 FY27 earnings recovery.
Nexperia turns to Tata Electronics as India chip partnership reshapes its supply chain
Nexperia and Tata Electronics have formed a wide-ranging manufacturing and technology partnership spanning wafer fabrication in Gujarat and semiconductor assembly in Assam, giving India a major global chip customer while Nexperia diversifies after its damaging separation from Chinese parent Wingtech.
Marengo Asia Hospitals gets $40m as 4,000-bed India expansion comes into focus
Marengo Asia Hospitals has secured $40 million from LeapFrog Investments as the Samara Capital-backed platform targets doubling capacity from roughly 2,000 to 4,000 beds within two years through expansion in existing and new Indian markets.