GAGA Share Market News

[hfe_template id='11223'] [ad_1] Shares of Cummins India surged as much as 5.4% on Thursday to Rs 3,075.95 on the BSE after the power solutions technology provider reported a 12% year-over-year (YoY) rise in its net profit for the third quarter ended December to Rs 558 crore and declared an interim dividend of Rs 18 per share. The company, a unit of US-based truck engine maker Cummins Inc., said its profit climbed from Rs 499 crore a year earlier, driven by steady demand for its power generators. Revenue for the third quarter rose 22% YoY to Rs 3,052 crore. The board of directors declared an interim dividend of Rs 18 per equity share, or 900% on the face value of Rs 2 each, for the financial year 2024-25. The record date has been set for February 14, with dividend payments expected by March 3. Also read | Time to buy the dip? Stock market indicates oversold level Cummins, best known for its truck engines, derives its entire revenue in India from sales of engines and powe...

[hfe_template id='11223'] [ad_1] Sagility India’s shares hit a 5% upper circuit, rising to Rs 52.6 on Thursday’s trade at BSE, following the company’s strong Q3 results. The healthtech services provider reported a 207.2% year-on-year (YoY) jump in its net profit for Q3FY25, posting Rs 217 crore, compared to Rs 70.6 crore in the same quarter last year. The company's revenue from operations in the December 2024 quarter grew by 15.3%, reaching Rs 1,453 crore, up from Rs 1,260 crore in the corresponding period of the previous fiscal year. EBITDA for Q3FY25 surged 50.7% to Rs 391.8 crore from Rs 260 crore YoY, while the EBITDA margin expanded to 27% from 20.6%. “Q3FY25 was an exceptional quarter both in terms of top-line and bottom-line, driven by growth both in our tenured large clients as well as newer accounts which we won in the last three years. Our acquisition of BroadPath diversifies our client base and adds new capabilities to our already broad and deep service po...