Latest news with #LateshPoojary
Mint
3 days ago
- Business
- Mint
Penny stock under ₹2: IT stock hits upper circuit after Q1 results 2025
Avance Technologies share price was locked in at 2% upper circuit of ₹ 1.68 apiece on the BSE Monday after the small-cap IT company announced its Q1 results. The penny hit the upper circuit for the twenty eighth consecutive trading session. Avance Technologies reported a net profit of ₹ 54.13 lakh in the first quarter of FY26, registering a significant growth of 35% from ₹ 40.02 lakh in the corresponding quarter of the last fiscal year. The company had posted a net loss of ₹ 37.80 lakh in the quarter ended March 2025. The company's total revenue from operations in Q1FY26 jumped 496% to ₹ 25.21 crore from ₹ 4.23 crore, year-on-year (YoY). The company's revenue in the previous quarter was ₹ 13.21 crore. Avance Technologies said its board of directors considered and approved raising of funds through issue of fully paid-up equity shares on rights basis to the existing equity shareholders of the company for an amount not exceeding ₹ 49.90 crore. Additionally, the company's board also approved the re-designation of Latesh Poojary, Executive Director, as Chairman and Managing Director (MD) of Avance Technologies, subject to the approval of shareholders at the ensuing General Meeting and such other statutory approvals as may be required. Avance Technologies share price has gained 38% in one month, and has jumped by a staggering 155% in three months. The penny stock has rallied 162% in six months and is up 91% on a year-to-date (YTD) basis. Over the past two years, Avance Technologies shares have surged 442%, while it has delivered multibagger returns of 3,260% in five years. At 3:00 PM, Avance Technologies share price was still locked in 2% upper circuit of ₹ 1.68 apiece on the BSE.
Mint
3 days ago
- Business
- Mint
Penny stock under ₹2: IT stock hits upper circuit after Q1 results 2025
Avance Technologies share price was locked in at 2% upper circuit of ₹ 1.68 apiece on the BSE Monday after the small-cap IT company announced its Q1 results. The penny hit the upper circuit for the twenty eighth consecutive trading session. Avance Technologies reported a net profit of ₹ 54.13 lakh in the first quarter of FY26, registering a significant growth of 35% from ₹ 40.02 lakh in the corresponding quarter of the last fiscal year. The company had posted a net loss of ₹ 37.80 lakh in the quarter ended March 2025. The company's total revenue from operations in Q1FY26 jumped 496% to ₹ 25.21 crore from ₹ 4.23 crore, year-on-year (YoY). The company's revenue in the previous quarter was ₹ 13.21 crore. Avance Technologies said its board of directors considered and approved raising of funds through issue of fully paid-up equity shares on rights basis to the existing equity shareholders of the company for an amount not exceeding ₹ 49.90 crore. Additionally, the company's board also approved the re-designation of Latesh Poojary, Executive Director, as Chairman and Managing Director (MD) of Avance Technologies, subject to the approval of shareholders at the ensuing General Meeting and such other statutory approvals as may be required. Avance Technologies share price has gained 38% in one month, and has jumped by a staggering 155% in three months. The penny stock has rallied 162% in six months and is up 91% on a year-to-date (YTD) basis. Over the past two years, Avance Technologies shares have surged 442%, while it has delivered multibagger returns of 3,260% in five years. At 3:00 PM, Avance Technologies share price was still locked in 2% upper circuit of ₹ 1.68 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
05-07-2025
- Business
- Business Standard
Board Meeting Outcome for Outcome Of Board Meeting Held On Wednesday 02Nd July 2025
In reference to captioned subject we hereby inform you that the Board of Directors of the Company in their meeting held on today i.e. Wednesday 02nd July 2025 at the Registered Office of the Company which commenced at 5.00 p.m. and concluded at 6.30 p.m. have inter alia considered and approved the following business matters:- Appointment of Mr. Latesh Poojary (DIN: 10414863) as an Executive Director (Additional Director) of the Company with effect from 02nd July 2025. Details required pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11 2024 is enclosed as Annexure.
The Hindu
21-06-2025
- Politics
- The Hindu
International Yoga Day in Mangaluru features yoga in swimming pool
To commemorate International Yoga Day, a group of 40 swimmers did yogasanas in Mangaluru City Corporation's Mangala swimming pool on June 21 morning. The group, led by veteran swimmer Latesh Poojary, did padmasana, shavasana and few other asanas in the deep side of the pool. The yoga demonstration was for about 15 minutes. Following the demonstration, former dean of Fisheries College Shivaprakash sat in the pool and wrote a postcard greeting Prime Minister Narendra Modi on International Yoga Day. At the same time, Member of Parliament Captain Brijesh Chowta and other elected representatives and district officials took part in a yoga demonstration organised by the district Ayush Department on account of International Yoga Day. The event was done under the guidance of yoga guru Gopalakrishna Delampady, The yoga demonstration started with 'Tadasana'. Then participants did 'Vrukshasana', 'Utkatasana', 'Trikonasana' and 'Ardha Chakrasana', in standing position. Then participants sat on the mat and did 'Bhadda Koonasana', 'Shashankasana', 'Uthana Mandookasana', 'Ustrasana', 'Shalabhasana', 'Ardha Haalasana', 'Pavanamuktasana', 'Sethubhandasana', 'Makarasana', 'Bhujangasana', 'Vakrasana' and 'Vajrasana'. Mangaluru City MLAs D. Vedavyas Kamath and Y. Bharath Shetty, MLC Manjunath Bhandary, Deputy Commissioner H.V. Darshan, Zilla Panchayat Chief Executive Officer K. Anandh, Deputy Commissioner of Police (Crime and Traffic) K. Ravi Shankar and district AYUSH officer Mohammed Iqbal participated in the programme. Captain Chowta took part in 'Yoga with Yodha' programme in which he did yoga alongside ex-servicemen, achievers, sportspersons and other notable persons of the district, on the scenic Someshwara beach. Last year, he took part in the same programme held at the pristine Sasihitlu beach. 'This is an effort to project our tourism potential,' Capt. Chowta said.
