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Megastar Foods Ltd leads losers in 'B' group
Megastar Foods Ltd leads losers in 'B' group

Business Standard

time2 days ago

  • Business
  • Business Standard

Megastar Foods Ltd leads losers in 'B' group

Bartronics India Ltd, Parsvnath Developers Ltd, IFL Enterprises Ltd and NRB Industrial Bearings Ltd are among the other losers in the BSE's 'B' group today, 04 June 2025. Bartronics India Ltd, Parsvnath Developers Ltd, IFL Enterprises Ltd and NRB Industrial Bearings Ltd are among the other losers in the BSE's 'B' group today, 04 June 2025. Megastar Foods Ltd tumbled 10.06% to Rs 223.05 at 13:58 stock was the biggest loser in the BSE's 'B' the BSE, 24 shares were traded on the counter so far as against the average daily volumes of 3239 shares in the past one month. Bartronics India Ltd lost 9.99% to Rs 13.43. The stock was the second biggest loser in 'B' the BSE, 3.51 lakh shares were traded on the counter so far as against the average daily volumes of 1.97 lakh shares in the past one month. Parsvnath Developers Ltd crashed 9.97% to Rs 16.34. The stock was the third biggest loser in 'B' the BSE, 4.56 lakh shares were traded on the counter so far as against the average daily volumes of 83187 shares in the past one month. IFL Enterprises Ltd dropped 9.30% to Rs 1.17. The stock was the fourth biggest loser in 'B' the BSE, 268.78 lakh shares were traded on the counter so far as against the average daily volumes of 107.8 lakh shares in the past one month. NRB Industrial Bearings Ltd pared 8.74% to Rs 33.84. The stock was the fifth biggest loser in 'B' the BSE, 85417 shares were traded on the counter so far as against the average daily volumes of 10311 shares in the past one month.

Signet Industries Ltd leads gainers in 'B' group
Signet Industries Ltd leads gainers in 'B' group

Business Standard

time4 days ago

  • Business
  • Business Standard

Signet Industries Ltd leads gainers in 'B' group

Lypsa Gems & Jewellery Ltd, IFB Agro Industries Ltd, IFL Enterprises Ltd and Ruchi Infrastructure Ltd are among the other gainers in the BSE's 'B' group today, 02 June 2025. Lypsa Gems & Jewellery Ltd, IFB Agro Industries Ltd, IFL Enterprises Ltd and Ruchi Infrastructure Ltd are among the other gainers in the BSE's 'B' group today, 02 June 2025. Signet Industries Ltd soared 20.00% to Rs 74.53 at 12:01 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 1.06 lakh shares were traded on the counter so far as against the average daily volumes of 3537 shares in the past one month. Lypsa Gems & Jewellery Ltd spiked 17.25% to Rs 9.79. The stock was the second biggest gainer in 'B' group. On the BSE, 7.58 lakh shares were traded on the counter so far as against the average daily volumes of 44682 shares in the past one month. IFB Agro Industries Ltd surged 16.35% to Rs 810.3. The stock was the third biggest gainer in 'B' group. On the BSE, 11195 shares were traded on the counter so far as against the average daily volumes of 2169 shares in the past one month. IFL Enterprises Ltd spurt 16.16% to Rs 1.15. The stock was the fourth biggest gainer in 'B' group. On the BSE, 439.14 lakh shares were traded on the counter so far as against the average daily volumes of 53.15 lakh shares in the past one month. Ruchi Infrastructure Ltd rose 15.81% to Rs 9.74. The stock was the fifth biggest gainer in 'B' group. On the BSE, 4.5 lakh shares were traded on the counter so far as against the average daily volumes of 20140 shares in the past one month.

IFL Enterprises Ltd reports stellar turnaround in FY25; PAT up 348 Percent Y-o-Y to Rs. 3.04 crore in Q4FY25
IFL Enterprises Ltd reports stellar turnaround in FY25; PAT up 348 Percent Y-o-Y to Rs. 3.04 crore in Q4FY25

Business Standard

time6 days ago

  • Business
  • Business Standard

IFL Enterprises Ltd reports stellar turnaround in FY25; PAT up 348 Percent Y-o-Y to Rs. 3.04 crore in Q4FY25

PNN Ahmedabad (Gujarat) [India], May 31: Gujarat based IFL Enterprises Ltd (BSE-540377) - engaged in the agri commodity business including import, export and trading of agri commodities has successfully turnaround its business operations in Q4 and FY202425. Company has reported consolidated net profit of Rs. 3.04 crore in Q4 FY25 as compared to loss of Rs 67.87 lakh in corresponding quarter of the previous financial year. Revenue from operations during Q4FY25 reported rise multifold to Rs. 72.13 crore as against revenue of Rs. 1.98 crore in the Q4 FY24. Highlights:- * For FY25, Net Profit rise 254% Y-o-Y to Rs. 2.99 crore; Revenue rise 13 fold to Rs. 120.60 crore * Company successfully raised Rs. 49.53 crore from Rights issue to fund working capital requirements, general corporate purposes * Company expanded domains such as trading of agricultural produce, including fruits, vegetables, seeds, organic products, herbal products, and agri-commodities. The stock price on 30th May was locked in the 20% upper circuit on high volume on BSE. Share price made an intraday high of Rs. 99 paisa per share from Rs. 83 paisa per share from Thursday close. For the financial year that ended March 2025, company achieved revenue from operations of Rs. 120.60 crore, over 13 fold rise as compared to the revenue of Rs. 8.24 crore in the FY 2023-24. Net profit also rose to Rs. 2.99 crores for the FY25, compared to Rs. 84.5 lakh in FY24, a 254% Y-o-Y growth. Company successfully raised Rs. 49.53 crore rights issue in June 2024 to fund its expansion plans including funding the working capital requirements, general corporate purposes etc. The rights issue was subscribed 1.21 times. * Revenue rise multifold to Rs. 72.13 crore in Q4FY25 * Stock price on Friday, 30th May closed with 20% gain In August 2024, company board approved bonus issue in the ratio of 1:150 (1 equity share as bonus for every 150 shares) hed by the equity shareholders. To further expand its business horizons, in 2024, the company approved resolutions to increase its authorized share capital and alter its main objects. This move aims to facilitate the company's entry into new business domains, such as the import, export, or trading of agricultural produce, including fruits, vegetables, seeds, organic products, herbal products, and agri-commodities. Addition to the Agri-comodities business remaining fund will be allocated to stock trading business. This fund will be used to diversify portfolio, implement advanced trading tools and technologies, and capitalize on emerging market opportunities. The focus will be on optimizing trading strategies, enhancing risk management, and achieving superior returns for our investments. Incorporated in the year 2009, IFL Enterprises Ltd currently deals in the agri commodity business including import, export of agriculture produce like fruits, vegetable, seeds, organic and herbal products, trading of agri commodity products including contract farming and warehousing. Company also deals in trading financial instruments like shares, stocks, and bonds. Board of directors on 7th March 2025 has appointed Mr. Sarang Likhitkar as Chief Financial Officer.

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