Author name: Lisl News Desk

News Desk

Shriram Properties Rises 7% on Rs 750 Crore Revenue Potential from New Pune Project

Shriram Properties Rises 7% on Rs 750 Crore Revenue Potential from New Pune Project

/ Indian Market /

Shares of Shriram Properties surged by 7% on October 30 after the company signed a joint development agreement (JDA) to create a mixed-use project in Pune, projecting potential revenue of around Rs 750 crore. By 09:56 am, the stock was trading at Rs 108.99 on the NSE, rebounding after a recent decline of nearly 15% […]

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Godavari Biorefineries Makes Weak Market Debut with 12.5% Discount on NSE Listing

Godavari Biorefineries Makes Weak Market Debut with 12.5% Discount on NSE Listing

/ IPO News /

Godavari Biorefineries began trading on October 30 with a lackluster debut, listing at Rs 308 per share on the National Stock Exchange (NSE). This marked a 12.5% discount from its issue price of Rs 352 per share, reflecting cautious investor sentiment despite strong subscription interest from Qualified Institutional Buyers (QIBs). The Rs 554.75 crore IPO

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BCL Industries Q2 Net Profit Soars 64% to Rs 21 Crore Amid Strong Revenue Growth

BCL Industries Q2 Net Profit Soars 64% to Rs 21 Crore Amid Strong Revenue Growth

/ Results /

BCL Industries, a prominent player in the recycling and energy sectors, announced a sharp rise in standalone net profit for the September quarter, reporting a 64% increase to Rs 21.01 crore. This marks a significant improvement from a net profit of Rs 12.83 crore in the corresponding period of the previous fiscal year, according to

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RITES Stock Gains 3% Following MoU with SAIL-Bokaro for Railway Infrastructure Development

RITES Stock Gains 3% Following MoU with SAIL-Bokaro for Railway Infrastructure Development

/ Indian Market /

Shares of RITES rose over 3% on October 30 after the infrastructure consultancy signed an MoU with SAIL-Bokaro Steel Plant to oversee railway connectivity projects within the Jharkhand-based steel plant. The partnership includes comprehensive project management consultancy for both new and existing railway tracks. RITES will handle surveying, engineering, project supervision, and quality control. Further,

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JSW Infra Soars 10% as Q2 Net Profit Jumps 46% on Strong Cargo Growth

JSW Infra Soars 10% as Q2 Net Profit Jumps 46% on Strong Cargo Growth

/ Results /

Shares of JSW Infrastructure surged 10% on October 29 following a strong Q2 performance, with net profit rising 46% to Rs 372 crore, up from Rs 254.4 crore a year ago. Revenue from operations grew 18% to Rs 1,001.4 crore, driven by increased cargo volumes and a boost in capacity utilization at coal terminals in

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Suzlon Energy Shares Rise as Q2 Profit Soars 96% on Record Orders

Suzlon Energy Shares Rise as Q2 Profit Soars 96% on Record Orders

/ Results /

Shares of Suzlon Energy rose on October 29 after the company reported a significant Q2 profit jump. The wind turbine manufacturer saw a 96% increase in net profit, reaching Rs 201 crore for the quarter ending September 30, 2024, driven by record-breaking order inflow and strong revenue growth. Revenue climbed 48% year-on-year to Rs 2,093

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Servotech Power Systems’ Q2 Net Profit Jumps Three-Fold, Unveils New Solar Products

Servotech Power Systems’ Q2 Net Profit Jumps Three-Fold, Unveils New Solar Products

/ Indian Market /

Servotech Power Systems reported impressive Q2 earnings, with consolidated net profit surging over three-fold to Rs 11.24 crore for the September quarter, up from Rs 3.12 crore in the same period last year. This growth was primarily fueled by a significant rise in income, which more than doubled to Rs 200.06 crore from Rs 86.59

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Ramco Industries Rises 6% Following Major Stake Realignment in Block Deals

Ramco Industries Rises 6% Following Major Stake Realignment in Block Deals

/ Indian Market /

Shares of Ramco Industries surged over 6 percent to Rs 247 on October 29 after a significant transaction where 14.1 million shares, representing 16.2 percent of the company’s equity, exchanged hands in two large block deals, Bloomberg data reported. The trades come as part of a strategic disinvestment plan by Ramco Cements, a promoter of

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Swiggy Sets IPO Price at Rs 390, Plans to Launch $1.35 Billion Public Offering in Early November

Swiggy Sets IPO Price at Rs 390, Plans to Launch $1.35 Billion Public Offering in Early November

/ IPO News /

Food delivery giant Swiggy, backed by big investors like Prosus and SoftBank, has set its initial public offering (IPO) price at Rs 390 at the top end of the range, according to a report by Bloomberg. The IPO is scheduled to open for public bidding from November 6 to 8, with the company aiming to

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