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Orient Electric Q4 profit jumps 29% despite supply chain disruptions and softer demand
Consumer electricals maker posts steady growth in Q4FY26 driven by strong performance in lighting, switchgear and wires businesses, while EBITDA margin improves to 8.2%.
Precision Wires shares drop 7% as West Asia conflict disrupts supply chain
Export consignments to the Middle East have also been impacted. To manage the situation, the company said it is re-routing shipments and putting in place alternate logistics arrangements.
Promoter sells Rs 1,896 crore worth Vedanta shares, Nexus Ventures offloads Rs 208 crore Delhivery shares
Bollywood actor Amitabh Harivansh Rai Bachchan net sold 82,056 shares worth Rs 1.64 crore in DP Wires -- the steel wires and plastic pipes manufacturer.
Stocks to Watch Today: Infosys, IRFC, Honasa Consumer, Rashi Peripherals, City Union Bank, Delhivery, Clay Craft India in focus on 24 June
Stocks to Watch, 24 Jun: Stocks like Infosys, Indian Railway Finance Corporation, Honasa Consumer, Rashi Peripherals, Imagicaaworld Entertainment, Vedanta, Delhivery, DP Wires, and Clay Craft India will be in focus on June 24.