StockWaves
  • Home
  • Global Markets
    Global MarketsShow More
    How I’m utilizing Warren Buffett’s profitable system to develop my retirement financial savings
    How I’m utilizing Warren Buffett’s profitable system to develop my retirement financial savings
    4 Min Read
    Japan PM Ishiba mulls Trump commerce assembly earlier than G7: Yomiuri newspaper
    Japan PM Ishiba mulls Trump commerce assembly earlier than G7: Yomiuri newspaper
    2 Min Read
    Has Saudi Arabia’s non-oil financial system began to lose momentum?
    Has Saudi Arabia’s non-oil financial system began to lose momentum?
    0 Min Read
    Greggs paid shareholders 50p this week. However is the FTSE 250 inventory good for passive revenue?
    Greggs paid shareholders 50p this week. However is the FTSE 250 inventory good for passive revenue?
    4 Min Read
    DoorDash CEO Tony Xu is new business consolidator in meals supply
    DoorDash CEO Tony Xu is new business consolidator in meals supply
    16 Min Read
  • Investment Strategies
    Investment StrategiesShow More
    The braveness to be contrarian
    The braveness to be contrarian
    0 Min Read
    Market Reporter: What made the headlines?
    Market Reporter: What made the headlines?
    0 Min Read
    Inventory Story: Breaking the airline curse
    Inventory Story: Breaking the airline curse
    0 Min Read
    Market Compass: Promoter stake shake-up
    Market Compass: Promoter stake shake-up
    0 Min Read
    Contained in the minds of tech and finance leaders
    Contained in the minds of tech and finance leaders
    0 Min Read
  • Market Analysis
    Market AnalysisShow More
    Why CDMOs, hospitals excite this fund supervisor
    Why CDMOs, hospitals excite this fund supervisor
    0 Min Read
    0 million Coinbase rip-off: What function did THIS Indian name centre play within the firm’s biggest-ever fraud?
    $400 million Coinbase rip-off: What function did THIS Indian name centre play within the firm’s biggest-ever fraud?
    3 Min Read
    Market barometer: What actually issues
    Market barometer: What actually issues
    0 Min Read
    Inventory market weekly wrap: Sensex, Nifty 50 finish in pink for second week; What to anticipate from Indian market subsequent week?
    Inventory market weekly wrap: Sensex, Nifty 50 finish in pink for second week; What to anticipate from Indian market subsequent week?
    5 Min Read
    Market Compass: Pledging tracker
    Market Compass: Pledging tracker
    0 Min Read
  • Trading
    TradingShow More
    Mark Cuban Reveals the Facet Hustle He’d Begin at 16 — And It Doesn’t Require a Diploma
    Mark Cuban Reveals the Facet Hustle He’d Begin at 16 — And It Doesn’t Require a Diploma
    3 Min Read
    Mark Cuban Reveals the Facet Hustle He’d Begin at 16 — And It Doesn’t Require a Diploma
    Mark Cuban Reveals the Facet Hustle He’d Begin at 16 — And It Doesn’t Require a Diploma
    3 Min Read
    Here is Why Shaquille O’Neal Gave Up Elon Musk’s Cybertruck And Handed It To One other NBA Star – Tesla (NASDAQ:TSLA)
    Here is Why Shaquille O’Neal Gave Up Elon Musk’s Cybertruck And Handed It To One other NBA Star – Tesla (NASDAQ:TSLA)
    3 Min Read
    Elon Musk Sports activities Black Eye in Oval Workplace: ‘I Was Simply Horsing Round With Little X and I Mentioned, Go Forward, Punch Me within the Face’ – Tesla (NASDAQ:TSLA)
    Elon Musk Sports activities Black Eye in Oval Workplace: ‘I Was Simply Horsing Round With Little X and I Mentioned, Go Forward, Punch Me within the Face’ – Tesla (NASDAQ:TSLA)
    2 Min Read
    Thousands and thousands Impacted by Information Breach To Obtain Money, Free Monitoring in  Million Deal
    Thousands and thousands Impacted by Information Breach To Obtain Money, Free Monitoring in $20 Million Deal
    3 Min Read
Reading: Infra inventory hits 5% higher circuit after buying 70% stake in Daxon Aluminium
Share
Font ResizerAa
StockWavesStockWaves
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Search
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Follow US
2024 © StockWaves.in. All Rights Reserved.
StockWaves > Financial News > Infra inventory hits 5% higher circuit after buying 70% stake in Daxon Aluminium
Financial News

Infra inventory hits 5% higher circuit after buying 70% stake in Daxon Aluminium

StockWaves By StockWaves Last updated: January 2, 2025 4 Min Read
Infra inventory hits 5% higher circuit after buying 70% stake in Daxon Aluminium
SHARE


Contents
Inventory Worth MotionWhat OccurredProviders and Tasks Latest quarter outcomes and ratiosShareholding sample Firm OverviewDisclaimerBegin Your Inventory Market Journey At this time!

One of many micro-cap infrastructure shares engaged within the development and improvement of residential and industrial properties, specializing in delivering high quality infrastructure and revolutionary designs in Vadodara, Gujarat. The inventory has hit a 5 p.c higher circuit after buying a 70% stake in Daxon Aluminium Personal Restricted for entry into the aluminum manufacturing sector. 

Inventory Worth Motion

With a market capitalization of Rs. 268.44 crores, the shares of V R Infraspace Restricted’s inventory surged by 5 p.c, reaching an higher circuit of Rs. 302.30 per share on Wednesday, up from its earlier closing worth of Rs. 287.95 per share. 

What Occurred

V R Infraspace Restricted has introduced a strategic acquisition of a 70% stake in Daxon Aluminium Personal Restricted for ₹56,000, marking its entry into the aluminum manufacturing sector. 

The newly included Daxon Aluminium, which produces aluminum tubes, coils, foils, and extrusions, will develop into a subsidiary of V R Infraspace. This acquisition can be set to be accomplished by early February 2025 and aligns with V R Infraspace’s diversification technique into aluminum manufacturing. 

Providers and Tasks 

V R Infraspace makes a speciality of residential tasks providing luxurious residing areas and industrial developments designed to reinforce enterprise environments. 

The corporate is dedicated to delivering landmark tasks that add vital worth to purchasers and communities, demonstrating excellence in venture administration and development. 

Additionally learn….

Latest quarter outcomes and ratios

V R Infraspace Restricted’s income has elevated from Rs. 7.27 crore in H1 FY24 to Rs. 13.14 crore in H1 FY25, which has grown by 80.74 p.c. The online revenue of V R Infraspace Restricted has additionally grown by 61.54 p.c, from Rs. 1.04 crore in H1 FY24 to Rs. 1.68 crore in H1 FY25. 

V R Infraspace Restricted’s income and web revenue have grown at a CAGR of 13.48 p.c and 44.22 p.c, respectively, during the last three years. 

Infra inventory hits 5% higher circuit after buying 70% stake in Daxon Aluminium

When it comes to return ratios, the corporate’s ROCE and ROE must be 11 p.c and 9.78 p.c, respectively. V R Infraspace Restricted is a debt-free firm and its EPS is to be Rs. 2.56.

Shareholding sample 

In September 2024, V R Infraspace Restricted had a majority stake held by the promoters at 72.97 p.c and the general public at 27.03 p.c. 

Firm Overview

V R Infraspace Restricted relies in Vadodara, Gujarat, and makes a speciality of residential and industrial actual property improvement. The corporate is thought for its deal with high quality infrastructure, revolutionary designs, and premium development supplies, establishing itself as a trusted title within the area’s actual property market. 

Written By – Nikhil Naik 

Disclaimer

Inventory jumps 5% saying 1,050% YoY internet revenue  development and dividendInventory jumps 5% saying 1,050% YoY internet revenue  development and dividend

The views and funding ideas expressed by funding consultants/broking homes/score companies on tradebrains.in are their very own, and never that of the web site or its administration. Investing in equities poses a danger of monetary losses. Traders should due to this fact train due warning whereas investing or buying and selling in shares. Dailyraven Applied sciences or the creator should not chargeable for any losses prompted on account of the choice primarily based on this text. Please seek the advice of your funding advisor earlier than investing.


Begin Your Inventory Market Journey At this time!

Wish to study Inventory Market buying and selling and Investing? Ensure to take a look at unique Inventory Market programs by FinGrad, the training initiative by Commerce Brains. You may enroll in FREE programs and webinars accessible on FinGrad at this time and get forward in your buying and selling profession. Be a part of now!!

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Previous Article Macau on line casino income rose 24% in 2024 regardless of smooth December tally Macau on line casino income rose 24% in 2024 regardless of smooth December tally
Next Article sixteenth Version of VIBGYOR Viva celebrates over 1 Lakh proficient College students from 3,722 faculties nationwide sixteenth Version of VIBGYOR Viva celebrates over 1 Lakh proficient College students from 3,722 faculties nationwide
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FacebookLike
TwitterFollow
PinterestPin
InstagramFollow

Subscribe Now

Subscribe to our newsletter to get our newest articles instantly!

Most Popular
Mark Cuban Reveals the Facet Hustle He’d Begin at 16 — And It Doesn’t Require a Diploma
Mark Cuban Reveals the Facet Hustle He’d Begin at 16 — And It Doesn’t Require a Diploma
June 1, 2025
Ganga Tub Fittings SME IPO to open on June 4: Worth band, vital dates, financials
Ganga Tub Fittings SME IPO to open on June 4: Worth band, vital dates, financials
June 1, 2025
Infra inventory hits 5% higher circuit after buying 70% stake in Daxon Aluminium
5 Shares through which Mutual Funds elevated their stake by as much as 10% in This autumn
June 1, 2025
How I’m utilizing Warren Buffett’s profitable system to develop my retirement financial savings
How I’m utilizing Warren Buffett’s profitable system to develop my retirement financial savings
June 1, 2025
The braveness to be contrarian
The braveness to be contrarian
June 1, 2025

You Might Also Like

Infra inventory hits 5% higher circuit after buying 70% stake in Daxon Aluminium
Financial News

Auto ancillary inventory jumps 7% after Nifty Auto hits 6-Month excessive

6 Min Read
OpenAI Might Scale back Microsoft’s Income Share After Restructuring: Report
Financial News

OpenAI Might Scale back Microsoft’s Income Share After Restructuring: Report

3 Min Read
Market Sentiment: Which means, How It Impacts Costs & How To Measure Market Sentiments
Financial News

Market Sentiment: Which means, How It Impacts Costs & How To Measure Market Sentiments

8 Min Read
Inventory jumps 5% saying 1,050% YoY internet revenue  development and dividend
Financial News

Inventory jumps 5% saying 1,050% YoY internet revenue  development and dividend

4 Min Read

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

StockWaves

We provide tips, tricks, and advice for improving websites and doing better search.

Latest News

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms Of Service

Resouce

  • Blockchain
  • Business
  • Economics
  • Financial News
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading

Trending

Mark Cuban Reveals the Facet Hustle He’d Begin at 16 — And It Doesn’t Require a Diploma
Ganga Tub Fittings SME IPO to open on June 4: Worth band, vital dates, financials
5 Shares through which Mutual Funds elevated their stake by as much as 10% in This autumn

2024 © StockWaves.in. All Rights Reserved.

Welcome Back!

Sign in to your account

Not a member? Sign Up