Nuvoco Vistas Corp Ltd

Nuvoco Vistas Corp Ltd, an Indian cement manufacturing company, has reported a significant surge in its first-quarter profit, driven by a 6% increase in sales volume and strong operational performance.

Nuvoco Vistas Corp Ltd’s net profit has experienced a dramatic 85% drop just one day after a 65% year-on-year increase, leaving investors and analysts questioning the company’s financial stability.