Tata Tech, Tanla Platforms, KEI Industries, and Dalmia Bharat are some of the companies releasing their quarterly number on Tuesday. (Photo source: Pixabay)
1 year ago
Jan 22, 2025
Tata Technologies Ltd., Tanla Platforms Ltd., KEI Industries Ltd., and Dalmia Bharat Ltd. are some of the companies releasing their third quarter number on Tuesday.
On-ground manufacturing in USA will help growth opportunity for us, said Bodanapu, adding that the pipeline of $1 billion, in terms of opportunity, stays. There is no need for capex in terms of capacity addition as of now, he further mentioned.
Krishna Bodanapu, the non-executive chairman of the company spoke about the acquisition of Altek in previous quarters. Political developments will present an opportunity for localised production, which will benefit our acquisition of Altek, he stated. The large contracts signed by the company last year are showing traction, said Bodanapu.
Shares of the conglomerate ended 1.31% higher at Rs 1,774.95 apiece on the National Stock Exchange ahead of their Q3 results on Tuesday, as compared to a 1.37% decline in the benchmark NSE Nifty 50.