Latest news with #Rs.681
Mint
27-05-2025
- Business
- Mint
Small-cap stock below ₹100 Hi-Tech Pipes jumps 6% despite weak bias in the Indian stock market. Here's why
Stock Market Today: Small-cap stock below ₹ 100 gained more than 6% in the intraday trades on Tuesday. The gains for Hi-Tech Pipes share price was despite weak bias in the Indian stock market. Here's why Small-cap stock below ₹ 100 Hi-Tech Pipes reported financial performance for the qarter and financial year ending March 2025 During the quarter gone by the Small-cap stock below ₹ 100 Hi-Tech Pipes saw its Revenue grow by 7.74% to Rs.734 Crore as compared to Rs.681 Crore reported in the year ago quarter (in Q4FY24). The revenue growth as per Hi-Tech Pipes was driven by robust demand in infrastructure and construction sectors. Sales volume for Small-cap stock below ₹ 100 Hi-Tech Pipes has increased by 8% year on year. Volumes as per HI-Tech Piped reached 1,16,032 MT , up from 1,07,721 MT in Q4 FY24. The same as per Hi-Tech Piped is reflecting increased demand. Profitability for Small-cap stock below ₹ 100, Hi-Tech Pipes has risen by 59% to Rs. 17.63 Crore during the Jauary-December 2025 quarter, compared to Rs. 11.12 Cr. in January- March 2024 quarter or Q4FY24 FY24. underscoring our focus on cost optimization and value-added products, highlighted Small-cap stock below ₹ 100 Hi-Tech Pipes. Earnings before interest tax depreciation and amortisation or Ebitda came at Rs.34.93 Crore as per Hi-Tch Pipes in Q4FY25, which was comparable ro compared to Rs.35.34 Crore reported by Hi-Tech Pipes in Q4FY24 Small-cap stock below ₹ 100 Hi-Tech Pipes share price opened at ₹ 95.70 on Tuesday on the NSE (NAtional Stock Exchange of India). The Small-cap stock below ₹ 100 Hi-Tech Pipes share price had opened more than 1% higher compared to previous days closing price of ₹ 94.68 for the Hi-Tech pipes. The Small-cap stock below ₹ 100 Hi-Tech Pipes share price however gained further to intraday highs of ₹ 110.40, which meant intraday gains of more than 6% for the Small-cap stock below ₹ 100 Hi-Tech Pipes share price. Notably the gains by the stock were on the day when Indian Stock Market traded weak and Nifty had corrected around 1% during the intraday trades.
United News of India
27-04-2025
- Business
- United News of India
Chola MS records Rs 8,328 Cr GWP
Chennai, Apr 27 (UNI) Cholamandalam MS General Insurance Company Ltd (Chola MS), a joint venture between the Murugappa Group and the Mitsui Sumitomo Insurance Group (Japan), has ended FY 2025 with a gross written premium (GWP) of Rs 8,328 crores, a growth of 9.61 % (higher than industry growth). The market share of Chola MS has grown to 3.15% amongst the multi-line players, a company release said here on Sunday. Abiding the regulatory change effective October 1, 2024 relating to reporting of GWP on long term non-motor products, Chola MS has treated such premium relating to future accounting periods as premium in advance amounting to Rs.249 crs. The Profit before Tax (PBT) for the year stood at Rs.681 crore as compared to Rs.444 crores in the previous year. PBT included one-time income by way of recovery from investments write-off in earlier years to the tune of Rs.54 crore. Chola MS ended the year with a net-worth of Rs.2,999 crore of which 85% is from earned profits over the years. The Return on equity for the year was 16.91% as against 13.3% in the previous year. UNI GV 1745
