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Jungle Camps India Ltd, which provides wildlife and conservation-focused lodges to guests, on Wednesday announced plans to achieve Rs 100 crore in revenue by FY28 from Rs 18 crore in FY24.

Syngene International, the contract research and manufacturing services arm of Biocon, reported 19% year-on-year (YoY) drop in net profit to Rs.76 crore in Q1FY25 led by discovery services revenue taking a hit due to funding constraints at US biotechs.

The Nifty IT index closed 0.18 per cent up at 40115.05.

Benchmark Indian equity indices, the BSE Sensex and Nifty 50, were down about 0.3% and 0.2% each on Wednesday.

Rohan Verma, CEO of MapMyIndia, highlighted the potential of GIS mapping and the ULPIN system to revolutionize land records in India. The initiative aimed to boost social harmony, economic benefits, and efficient urban planning. Verma criticized monopolistic global map providers and unreliable local competitors, stressing MapMyIndia’s proven track record in accurate mapping solutions.

A total of 43,398 shares changed hands on the counter till 02:06PM (IST).

The stock traded at a P/E multiple of -267.76, while the price-to-book value ratio stood at 10.16.

Nestle India sustained its growth in Q1 2024, with revenue rising by 9% and profit after tax increasing by 13% year-on-year. The company benefited from deflation in palm oil and milk prices, improving EBITDA margins. Analysts highlighted urban and rural demand trends and raw material costs as key factors to watch.

Thyrocare’s pathology and radiology segments’ revenues grew 16% and 15% YoY, respectively. Meanwhile the revenue from partnerships surged 29% YoY and franchise revenue saw an increase of 11% YoY.

Bajaj Finance reports a 14% YoY increase in net profit but falls short of Street estimates. Brokerages have mixed views on the first quarter results, with concerns over credit costs and growth prospects.