Jubilant Ingrevia will hold a meeting of the Board of Directors of the Company on 28 January 2025.Powered by Capital Market - Live

The key equity indices continued to trade in negative terrain with significant losses in the morning trade. The Nifty hovered below the 23,550 mark. Realty shares extended losses for the third consecutive trading session. At 10:30 IST, the barometer index, the S&P BSE Sensex, declined 483.03 points or 0.62% to 77,765.10. The Nifty 50 index dropped 121.65 points or 0.51% to 23,523.25. In the broader market, the S&P BSE Mid-Cap index fell 0.78% and the S&P BSE Small-Cap index declined 0.33%. The market breadth was negative. On the BSE, 1,554 shares rose and 2,020 shares fell. A total of 156 shares were unchanged. New Listing: Shares of Unimech Aerospace and Manufacturing were currently trading at Rs 1,375.85 at 10:18 IST on the BSE, representing a premium of 75.27% as compared with the issue price of Rs 785. The scrip was listed at Rs 1,491, exhibiting a premium of 89.94% to the issue price. So far, the stock has hit a high of 1,491 and a low of 1,355.05. On the BSE, over 4.21 lakh shares of the company were traded in the counter so far. Buzzing Index: The Nifty Realty index lost 0.77% to 1,046.75. The index fell 2.83% in three consecutive trading sessions. Macrotech Developers (down 4.42%), Phoenix Mills (down 2.61%) and Godrej Properties (down 2.14%) declined. On the other hand, Prestige Estates Projects (up 1.11%), Brigade Enterprises (up 0.60%) and Mahindra Lifespace Developers (up 0.59%) edged higher. Stocks in Spotlight: Jubilant Ingrevia advanced 2.64% after the company's wholly owned subsidiary, Jubilant Infrastructure (JIL) board has approved to purchase 6.67% stake in Forum I Aviation Private (FAPL) from Hero Fincorp & Sunil Kant Munjal. KPI Green Energy rose 0.21%. The company said that it has obtained approvals from the chief electrical inspector (CEIG) for 28.28 MW of solar power projects under CPP business segment.Powered by Capital Market - Live

FAPL is engaged in business of operating aircrafts on charter basis under the non-scheduled airlines. It revenue was Rs 27.32 crore in FY24. The purpose of making further investment by Jubilant Infrastructure in FAPL is to meet business requirements. The company will acquire 16.67% at Rs 10.2915 per share. The said transaction is expected to be completed within this financial year. At present JIL holds 9.12% equity shares in FAPL. Post-acquisition, JIL holds 15.79% equity shares in FAPL Jubilant Ingrevia is a global integrated life science products and innovative solutions provider serving, pharmaceutical, nutrition, agrochemical, consumer and industrial customers with its customised products and solutions that are innovative, cost effective and conforming to premium quality standards. The company is engaged in manufacturing and supply of speciality chemicals, nutrition & health solutions and chemical intermediates through five manufacturing facilities in India. The company's consolidated net profit rose 2.6% to Rs 59 crore on 1.8% increase in net sales to Rs 1029 crore in Q2 FY25 over Q2 FY24.Powered by Capital Market - Live

Jubilant Ingrevia has issued commercial paper of Rs 48 crore on 27 December 2024. Powered by Capital Market - Live

Net profit of Jubilant Ingrevia rose 2.63% to Rs 59.00 crore in the quarter ended September 2024 as against Rs 57.49 crore during the previous quarter ended September 2023. Sales rose 1.77% to Rs 1029.00 crore in the quarter ended September 2024 as against Rs 1011.10 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1029.001011.10 2 OPM %12.0911.64 - PBDT119.82113.78 5 PBT80.2279.87 0 NP59.0057.49 3 Powered by Capital Market - Live

Jubilant Ingrevia has appointed Vijay Srivastava as Chief of Operations & Whole-time Director of the Company subject to the approval of shareholders, effective from 01 November 2024 for a period of 5 years.Powered by Capital Market - Live

Jubilant Ingrevia will hold a meeting of the Board of Directors of the Company on 22 October 2024.Powered by Capital Market - Live

This partnership will focus on the production of an agro intermediate essential for one of the customer's key agro active products. Manufactured Agro Intermediate will be exported from India. The overall consideration will pay based on the revenue of around $300 million plus from supplies of the Agro intermediate to the customer, over a period of next few years after commencement of production. 'A synergistic relationship where JASL leverages its manufacturing prowess coupled with customer's technology knowhow of key Agro intermediates and Agro actives, global distribution network and brand image in the agrarian space', the firm said. Jubilant Ingrevia is a global integrated life science products and innovative solutions provider serving, pharmaceutical, nutrition, agrochemical, consumer and industrial customers with its customised products and solutions that are innovative, cost effective and conforming to premium quality standards. The company is engaged in manufacturing and supply of speciality chemicals, nutrition & health solutions and chemical intermediates through five manufacturing facilities in India. The company reported 15.36% decline in consolidated net profit to Rs 48.74 crore in Q1 FY25 as compared with net profit of Rs 57.59 crore in Q1 FY24. Total revenue from operations stood at Rs 1,024.34 crore in Q1 FY25, down 4.71% from Rs 1,075.02 crore in Q1 FY24. The scrip hit 52-week high at Rs 836.95 in intraday today.Powered by Capital Market - Live

Jubilant Ingrevia has redeemed commercial paper of Rs 100 crore on 20 September 2024 (maturity date). Powered by Capital Market - Live

Morepen Laboratories Ltd, Religare Enterprises Ltd, Mazagon Dock Shipbuilders Ltd and DCW Ltd are among the other gainers in the BSE's 'A' group today, 04 September 2024.Jubilant Ingrevia Ltd soared 7.92% to Rs 727.25 at 11:45 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 3.06 lakh shares were traded on the counter so far as against the average daily volumes of 77985 shares in the past one month. Morepen Laboratories Ltd surged 7.60% to Rs 88.45. The stock was the second biggest gainer in 'A' group. On the BSE, 16.55 lakh shares were traded on the counter so far as against the average daily volumes of 28.24 lakh shares in the past one month. Religare Enterprises Ltd spiked 5.85% to Rs 283.85. The stock was the third biggest gainer in 'A' group. On the BSE, 89155 shares were traded on the counter so far as against the average daily volumes of 83759 shares in the past one month. Mazagon Dock Shipbuilders Ltd spurt 5.82% to Rs 4715. The stock was the fourth biggest gainer in 'A' group. On the BSE, 4.31 lakh shares were traded on the counter so far as against the average daily volumes of 1.99 lakh shares in the past one month. DCW Ltd rose 5.38% to Rs 88.85. The stock was the fifth biggest gainer in 'A' group. On the BSE, 4.86 lakh shares were traded on the counter so far as against the average daily volumes of 7.45 lakh shares in the past one month. Powered by Capital Market - Live