Shares of Devyani International, the franchisee owner of Pizza Hut and KFC, are likely to remain in focus on November 12 after the company reported a net loss for the quarter ending September 30, 2024. The company posted a consolidated net loss of Rs 4.92 crore in Q2FY25, compared to a net profit of Rs […]
Devyani International Shares in Focus on Q2 Net Loss Read More »
Shares of Krishna Institute of Medical Sciences (KIMS) surged nearly 6 percent on November 11 after the company reported strong financial results for the second quarter of FY25. By 12:50 PM, KIMS’ share price was up 3 percent, trading at Rs 587. The stock has gained over 50 percent year-to-date, significantly outperforming the Nifty 50,
KIMS Shares Surge 6% on Strong Q2 Results Read More »
HFCL shares surged over 6 percent after the company, along with partners Rail Vikas Nigam Ltd (RVNL) and Aerial Telecom Solutions, was selected as the lowest bidder for multiple BharatNet Phase III project bids, totaling Rs 8,100 crore. By 1:30 PM, HFCL shares were up 2 percent at Rs 130. The stock has risen 53
HFCL Shares Climb 6% After Securing Rs 8,100 Crore BharatNet Project Read More »
Shares of Biocon rose by 5 percent on November 11 after the US Food and Drug Administration (FDA) granted its Bengaluru biologics unit a “Voluntary Action Indicated” (VAI) status. This designation is generally positive, indicating minor issues found during the inspection but no need for regulatory or enforcement action, allowing Biocon to continue operations smoothly.
Biocon Shares Rise 5% After USFDA Clears Bengaluru Facility with Favorable Rating Read More »
Asian Paints’ stock fell sharply, dropping over 9 percent on November 11, following a disappointing Q2FY25 performance marked by low demand and increasing competition. At 9:20 AM, shares traded 7 percent lower at Rs 2,565. Year-to-date, the stock has underperformed with a 25 percent decline, compared to the Nifty 50’s 10 percent gain in the
Asian Paints Shares Drop 9% After Weak Q2FY25 Results Amid Demand Challenges Read More »
DCX Systems’ share price is expected to be in focus on November 11 after the company secured a substantial export order from Lockheed Martin Global Inc., USA, valued at approximately Rs 460.3 crore (USD 54.8 million). The purchase order mandates DCX Systems to supply electronic assemblies, with a delivery timeline set within the next 12
DCX Systems Stock in Spotlight After Rs 460.3 Crore Export Order from Lockheed Martin Read More »
ITI Ltd.’s shares are set to stay in focus on November 11 after the company, along with its consortium partner, emerged as the lowest (L1) bidder for three major packages in the BharatNet Phase-3 Project, with a combined project value of Rs 4,559 crore. The company has been selected as the L1 bidder for Package
ITI Shares Surge as Company Becomes Lowest Bidder for Rs 4,559 Crore BharatNet Project Read More »
Tata Steel Ltd posted a consolidated net profit of Rs 759 crore for Q2 FY25, marking a strong return to profitability after a net loss of Rs 6,511 crore in the same quarter last year. However, despite the improved bottom line, Tata Steel’s revenue dipped by 3% year-on-year to Rs 53,905 crore, affected by challenges
Tata Steel Reports Rs 759 Crore Profit in Q2, Recovers from Last Year’s Loss Read More »
Apollo Hospitals reported a strong 59% year-on-year rise in net profit for the July-September quarter, reaching Rs 395.70 crore, driven by higher demand for healthcare services. This is up from Rs 248.80 crore in the same quarter last year. Revenue also grew by 13% to Rs 5,589.3 crore compared to Rs 4,846.9 crore in the
Apollo Hospitals Q2 Net Profit Jumps 59% to Rs 396 Crore; Revenue Climbs 13% Read More »
Sai Life Sciences, Rubicon Research, Metalman Auto, and Sanathan Textiles have received approvals from the Securities and Exchange Board of India (SEBI) to move forward with their initial public offerings (IPOs). With SEBI’s observation letters dated October 31, these companies have the green light to launch IPOs within a year. Notably, BMW Ventures withdrew its
