Promoter KKR & Co. is planning to sell some of its stake in pharma sector company JB Chemicals and Pharmaceuticals Ltd. According to information provided by Bloomberg, KKR can sell this stake through block trade in the market. New York and Hong Kong based investment and advisory firm Tau Investment Holdings holds 53.74 percent stake in JB Pharma. Which is a subsidiary of KKR & Co. KKR took a majority stake in JB Chemicals in 2020 through Tau Investment. In Wednesday's trading, JB Chemicals stock closed at 1890 with a gain of more than 2 percent. Bloomberg has reported quoting sources that the US PE company is planning to sell equity worth $750 million in collaboration with an investment bank. According to the source, if there is demand from investors, then the equity sale can be increased to $100 million. Which is equivalent to more than Rs 8 thousand crores. Currently, the market value of JB Chemicals is equal to Rs 29354 crores. So far this year, the stock of JB Chemicals has increased by 16 percent. According to the source, discussions are going on about the sale of shares and no final decision has been taken yet. However, a decision on the stock sale may come in the next few weeks. Investing in JB Chemicals has been a profitable deal for KKR. Ever since KKR announced the purchase of shares in the company, the stock has increased by 430 percent.

BLUE STAR has announced its quarterly results. Profit and income have increased on an annual basis. On an annual basis, i.e., compared to the July-September quarter of the financial year 2023-24, the profit has increased from Rs 70.8 crore to Rs 96 crore in the July-September quarter of the financial year 2024-25. Income has increased from Rs 1,890.4 crore to Rs 2,276 crore. EBITDA margin has increased from 6.5% to 6.6%. Performance of BLUE STAR shares - The company's share rose 1.30 percent to close at Rs 1881. The company's share has increased by 4 percent in a week. The share has increased by 100 percent in one year. The share has increased by 300 percent in three years.

Apollo Hospitals Enterprises stock performance- The stock closed with a slight increase at Rs 6968. The stock has increased by 35 percent in one year. The stock has increased by 60 percent in three years.

USHA MARTIN Q2- Profit and income have increased on an annual basis. On an annual basis, i.e. in comparison to the July-September quarter of the financial year 2023-24, the profit has increased from Rs 109.5 crore to Rs 109.7 crore in the July-September quarter of the financial year 2024-25. Income has increased from Rs 784.7 crore to Rs 891.2 crore. EBITDA margin has fallen from 18.4% to 18%.

Sonata Software Share: The company's stock closed at Rs 627, up 4.35 per cent. The company told the exchange that the profit has increased on a quarterly basis. Profit has increased from Rs 105.6 crore to Rs 106.5 crore in the July-September quarter as compared to the April-June quarter of the financial year 2024-25. Income has come down from `2,527.4 crore to Rs 2,169.8 crore.

Power Grid Corporation of India Share: The company's stock closed at Rs 318, up 0.44 per cent. Profit has increased on an annual basis. Profit has increased from Rs 3781 crore to Rs 3793 crore in the July-September quarter of the financial year 2024-25 as compared to the July-September quarter of the financial year 2023-24. Income has increased from Rs 11267 crore to Rs 11277 crore. EBITDA has come down from Rs 9,908 crore to Rs 9701 crore. EBITDA margin has come down from 87.9% to 86%. Interim dividend of Rs 4.50 per share announced.

GUJARAT GAS Q2 (STANDALONE): Company's stock closed at Rs 528, up 3%. Company announced quarterly results. Profit has fallen. Profit has fallen from Rs 329 crore to Rs 306.9 crore on quarterly basis. Income has fallen from Rs 4,450 crore to Rs 3,781 crore. EBITDA has fallen from Rs 536 crore to Rs 514.2 crore. EBITDA margin has increased from 12% to 13.6%.

KANSAI NEROLAC Q2: On an annual basis, i.e., profit has fallen from Rs 177.2 crore to Rs 122.8 crore in the July-September quarter of the financial year 2024-25 as compared to the July-September quarter of the financial year 2023-24. Income has fallen from Rs 1,956.5 crore to Rs 1,951.4 crore.

Reliance Power Share: The company's stock closed at Rs 43.59 with a 5 percent upper circuit. The company's unit Rosa Power repaid another loan of Rs 485 crore to Verde Partners, making the company a zero loan company. The total prepayment of the loan is Rs 1,318 crore.

Krishna Institute Of Medical Sciencs Share: The company's stock rose half a percent to close at Rs 560. It will expand in Kerala with plans to add 3000 beds and provide 10,000 potential jobs in the next 5 years.

RVNL-Rail Vikas Nigam Share: The company's share rose 4 percent and closed at Rs 469. The company may soon get an order of Rs 1917 crore. The company is the eleventh bidder.

Wipro Share: The company's stock rose 4 percent to close at Rs 565. The company announced a strategic partnership with Relax Solutions. Integration with Relax's AI-based supply chain and retail planning platform will enable joint customers to optimize end-to-end retail operations and inventory planning.

ULTRATECH CEMENT Share: The company's share rose by half a percent and closed at Rs 11241. The company said that the UAE subsidiary has increased its stake in RAS AL KHAIMAH Co. UAE subsidiary's stake in RAS AL KHAIMAH Co increased to 65.94%. UAE subsidiary acquired 11.55% stake in RAS AL KHAIMAH Co for $2.20 Cr.

Chambal Fertilisers and Chemicals Share: The company's stock rose 4 per cent to close at Rs 502. Quarterly results have been announced. On an annual basis, i.e. compared to the July-September quarter of the financial year 2023-24, the profit has increased from Rs 381 crore to Rs 536.4 crore in the July-September quarter of the financial year 2024-25. Income has increased from Rs 5,385.5 crore to Rs 4,346.2 crore. EBITDA margin has increased from 11.4% to 18.2%.

Delta Corp Share: The company's stock rose 1.6 percent to close at Rs 119.40. The company announced quarterly results. Profit has fallen. Profit has come down from Rs 69.44 crore to Rs 26.98 crore. Income has come down from Rs 261.09 crore to Rs 187.65 crore. Margin has come down from 38.31% to 18.09%.

Shakti Pumps (India) Ltd Share: The company's share rose 3.6 percent and closed at Rs 4602. An order of 3,174 pumps has been received from the Haryana government. The order is worth Rs 116 crore.