Latest News
-
IndusInd Bank Q4 Results: PAT Soars 15% To Rs 2,349 Cr, NII Climbs 15%; 165% Dividend Declared -
Telecom Body COAI Advocates for Revenue Sharing with Traffic-Heavy Apps -
Tech Mahindra Q4 Results: Cons PAT Declines 41% YoY To Rs 661 Crore; Exits FY24 In Red -
1:5 Split Soon: Multibagger PSU Bank To Consider Dividend Too, Buy For TP Rs 650: Motilal Oswal -
Gold Price In US: Yellow Metal Rates Hold Steady Amidst Easing Middle East Tensions; GDP Data Awaited -
Multibagger Energy Stock To Reward Shareholders With 3 Bonus Shares, Hits 52-Week High -
Massive Rs 33/Sh Dividend By Larsen's IT Stock, 1650% Payout Soon; LTTS Earns Profit Of Rs 341 Crore In Q4 -
Rs 7.50/Share Dividend: Adani Group Cement Company Reports Strong Q4 Results; Profit Surges 2x YoY -
Closing Bell: Market Rebounds To End With Gains For 5th Straight Day; Sensex & Nifty Soar Led By Banks -
Gold Prices Ayodhya: In Ram-Janma-Bhumi, 24carat Falls By Rs 380 In 10-Grams, Drops By Rs 3,800 In 100-gram
Radico Khaitan Shares Plunge On CPCB Regulations To Close Down Rampur Facility
Radico Khaitan manufacturers of industrial alcohol etc. has fallen a sharp 20% in the last 11 sessions after the Central Pollution Control Board regulations have asked the entity to close down its Rampur based facility.
In the early morning trade, the stock cracked as much as 5% on Thursday. And as per the company's announcement, the Central Pollution Control Board, New Delhi has made some of the observations on zero-liquid discharge system of Radico's one of the plants for improving environmental situation.
The company in Q3 reported a 48.78 percent jump in its net profit at Rs 52.09 crore for the quarter ended December 2018. The company had posted a net profit of Rs 35.01 crore during the same period of the previous fiscal.
Total income during the quarter under review stood at Rs 2,081.12 crore. It was Rs 1,747.98 crore in the year-ago period, Radico Khaitan said in a regulatory filing.
At 11:23 pm, the stock of Radico Khaitan quoted at Rs. 360.15, down by 2.25% on the BSE.
GoodReturns.in
