Share of Rhetan TMT Ltd will be in focus as the steel products maker has announced financial results for the quarter ended Septmber 30 2024. In an exchange filing the company reported that its net profit rose 233.82 per cent to Rs 2.27 crore in the quarter ended September 2024 when compared to Rs 0.68 crore during the previous quarter ended September 2023. Meanwhile the company recently said that it plans to set up a 2 MW solar power plant at its Kadi manufacturing facility in Gujarat according to a statement. The TMT bar and round bars manufacturer will set up the solar power plant for its captive use which will help it cut power costs and move towards green energy. The board of the company is scheduled to meet on Friday to consider and approve the 2 MW solar plant the company said in a statement. The company was listed on BSE SME Platform as on March 31 2024 and migrated to BSE Main Board on May 62024. (Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)