ACME Solar Holdings, one of India’s top renewable energy companies, raised Rs 1,301 crore from anchor investors on November 5, just ahead of its highly anticipated Rs 2,900-crore IPO. The public offering, set to open on November 6 and close on November 8, has a price band of Rs 275-289 per share. The IPO consists […]
Premier Explosives shares are set to be in focus on November 6 after the company announced a major order win worth ₹89.20 crore from Singareni Collieries Company Ltd. (SCCL). The order involves the supply of various explosives and accessories, including SME explosives, LDC explosives (both cap and non-cap), and additional items like Cast Booster, Detonating
Shares of NMDC Ltd jumped more than 3% on November 5 after the company announced that its board would meet on November 11 to consider a proposal for issuing bonus shares. As of 2:55 PM, NMDC shares were trading 3.3% higher at ₹233.9 on the NSE. Alongside the bonus issue proposal, the company will also
NMDC Shares Rise Over 3% as Board to Discuss Bonus Issue on November 11 Read More »
Gland Pharma shares surged over 13% on November 5, driven by strong Q2 earnings that, according to analysts, may indicate an end to the company’s recent struggles. As of 12:54 PM, Gland Pharma shares were trading at ₹1,803 on the NSE. The stock’s modest performance this year has lagged behind the Nifty Pharma index, which
Gland Pharma Shares Jump 13% After Q2 Results, Signaling Possible Recovery Read More »
Shares of Amara Raja Energy & Mobility Ltd. fell nearly 5% on November 5 after the company reported disappointing earnings for the quarter ending September 30, 2024, missing market estimates. The company’s net profit increased by 6.3% year-on-year (YoY) to ₹240.7 crore in Q2FY25, while revenue from operations rose by 11.6% YoY to ₹3,135.8 crore
Amara Raja Shares Drop Over 4% After Q2 Results Fall Short of Expectations Read More »
Apollo Green Energy Limited (AGEL), part of the Apollo International Group, announced on November 5 that it aims to create a ₹10,000-crore project portfolio by 2025. Currently, the company has an order book of ₹3,500 crore, including ₹2,500 crore dedicated to ongoing solar projects across various states in India. As part of its growth strategy,
Apollo Green Energy Plans to Go Public, Targets ₹10,000-Crore Portfolio by 2025 Read More »
E2E Networks’ share price went up by 5% on November 5 after Larsen & Toubro (L&T) announced plans to buy a 21% stake in the company for over ₹1,000 crore. E2E Networks specializes in providing cloud computing platforms using CPU and GPU technology, and the stake purchase is expected to be completed by December 31.
E2E Networks Shares Rise 5% to Record High After L&T Buys ₹1,000 Crore Stake Read More »
Tilaknagar Industries’ share price surged by 17% on November 5, following the company’s release of impressive Q2 results. The Indian-Made Foreign Liquor (IMFL) manufacturer posted a 57% increase in its consolidated net profit, reaching ₹58 crore in the September 2024 quarter. This marks a significant rise from the ₹37 crore profit reported during the same
Tilaknagar Industries Shares Jump 17% to Record High on Robust Q2 Performance Read More »
National Stock Exchange Ltd (NSE), which is preparing for an initial public offering (IPO), announced a strong financial performance for the September quarter, reporting a 57% increase in consolidated net profit to Rs 3,137 crore. The stock exchange’s consolidated total income rose by 25% year-on-year, reaching Rs 5,023 crore. “Revenue growth came not only from
IPO-Bound NSE Reports 57% Surge in Q2 Net Profit at Rs 3,137 Crore Read More »
Shares of Taj GVK Hotels and Resorts rose nearly 8% on November 4 following a robust Q2 FY25 performance. The stock was trading at Rs 330.85 on the NSE, up by 7.82% at 1:36 pm after initially climbing over 9% in early trade. The Hyderabad-based company has reported a consolidated net profit of Rs 19.65
Taj GVK Shares Surge 8% on Strong Q2 Earnings, Profit Jumps 76% Read More »
