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Towers and Poles Market Impressive Gains including key players Al-Babtain (Kuwait), Bajaj Electrical (India), Brametal (United States), Duratel (Italy), Europole (Russia), Guangdong Disheng (China), KEC (India), Kalpatru Power Transmission Ltd (India), Mercur Induo Systemholztechnik GmbH (Germany), Metro Smart International (Qatar), Creative Pultrusions, Inc. (United States), Qingdao Wuxiao (China), RS Technologies (Canada), Shakespeare Composite Structures (United States) – KSU

Towers and Poles Market Impressive Gains including key players Al-Babtain (Kuwait), Bajaj Electrical (India), Brametal (United States), Duratel (Italy), Europole (Russia), Guangdong Disheng (China), KEC (India), Kalpatru Power Transmission Ltd (India), Mercur Induo Systemholztechnik GmbH (Germany), Metro Smart International (Qatar), Creative Pultrusions, Inc. (United States), Qingdao Wuxiao (China), RS Technologies (Canada), Shakespeare Composite Structures (United States) – KSU
ksusentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksusentinel.com Daily Mail and Mail on Sunday newspapers.

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Electric Scooter: நல்ல செய்தி!! Ather 450x-ன் விலை குறைந்தது, புது விலை இதுதான்

Electric Scooter: நல்ல செய்தி!! Ather 450x-ன் விலை குறைந்தது, புது விலை இதுதான்
india.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from india.com Daily Mail and Mail on Sunday newspapers.

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Bajaj Electricals reports Q4 PAT at Rs 54 cr

On a consolidated basis, Bajaj Electricals net profit stood at Rs 54.26 crore in Q4 FY21 compared with net loss of Rs 0.81 crore in Q4 FY20.Net sales declined 3.24% to Rs 1,258.47 crore in Q4 FY21 as against Rs 1,300.66 crore in Q4 FY20. Pre-tax profit stood at Rs 71.78 crore in Q4 FY21 as against a pre-tax loss of Rs 2.07 crore in Q4 FY20.
For the quarter, Consumer Products (CP) segment of Bajaj Electricals has earned a total revenue of Rs 975 crore, recording a growth of 30.6% Y-o-Y (year-on-year) as against Rs 747 crore in the corresponding quarter of the previous year. The CP recorded an EBIT of Rs 85 crore as compared to Rs 50 crore, registering a growth of 67.4% Y-o-Y over the corresponding fourth quarter of the previous year. ....

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Bajaj Electricals: Morgan Stanley initiates coverage on Bajaj Electricals with overweight rating

MUMBAI: Morgan Stanley has initiated coverage on
Bajaj Electricals with an overweight rating and a target price of Rs 1,479 as it sees the company as a turnaround story.
The financial services company said Bajaj Electricals is a turnaround story. Its strong revenue growth in the fast-moving consumer electricals business and sharp improvement in margin should drive higher return ratios, said Morgan Stanley.
The firm also said Bajaj Electricals dependence on the cyclical projects business with low margins and return on capital employed is set to reduce. Bajaj Electricals is on track to be a net cash company.
We forecast a 12 per cent revenue CAGR (compounded annual growth rate), F21-24, driven by a strong 16 per cent CAGR in the FMEG business and 3 per cent CAGR in the projects business. We expect revenue contribution of the low-margin projects business to fall from 38 per cent in F20 to 23 per cent in F24, said Morgan Stanley. ....

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Mahindra Logistics - Q4FY21 Result Update - ICICI Securities

Mahindra Logistics - Q4FY21 Result Update - ICICI Securities
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