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 »
Shares of Elcid Investments, a lesser-known company, recently soared in value, grabbing attention as India’s most expensive stock. In just three trading sessions, the stock rose by 21%, reaching a price of ₹2.73 lakh per share on November 4, despite a broader market downturn. Last week, Elcid Investments made headlines after surpassing MRF Ltd. to
Elcid Investments’ Stock Price Surges, Becoming India’s Most Expensive Read More »
Indian stock indices, the Sensex and Nifty 50, opened on a weak note on November 4, down about 1% each as they kicked off a week laden with key events, including the U.S. Presidential election and Federal Reserve’s policy decision. Heavy selling in major stocks like Reliance Industries, Infosys, HDFC Bank, and ICICI Bank contributed
Sensex, Nifty Slip as Indian Markets React to Global Uncertainty Read More »
Shares of Premier Energies saw a slight uptick on November 4 following news that its subsidiaries, Premier Energies International and Premier Energies Photovoltaic, secured orders worth Rs 560 crore from major Independent Power Producers (IPPs) and other clients. The orders, valued at Rs 513 crore for solar modules and Rs 47 crore for solar cells,
Premier Energies Stock Rises as Subsidiaries Secure Rs 560 Crore in Orders Read More »
