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News Desk

HFCL Shares Climb 6% After Securing Rs 8,100 Crore BharatNet Project

HFCL Shares Climb 6% After Securing Rs 8,100 Crore BharatNet Project

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

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Review of Zinka Logistics Solution Limited IPO (Blackbuck IPO): Lot Size, Check Issue Date, Price

Zinka Logistics Solution IPO Price: ₹259 to ₹273 per shareIPO Dates: 13 November 2024 – 18 November 2024 Company Overview Founded in April 2015, Zinka Logistics Solutions Limited, commonly known as BlackBuck, operates India’s largest digital platform for truck operators. The platform primarily serves truck operators by enabling efficient digital management of payments, telematics, freight,

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Biocon Shares Rise 5% After USFDA Clears Bengaluru Facility with Favorable Rating

Biocon Shares Rise 5% After USFDA Clears Bengaluru Facility with Favorable Rating

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.

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Asian Paints Shares Drop 9% After Weak Q2FY25 Results Amid Demand Challenges

Asian Paints Shares Drop 9% After Weak Q2FY25 Results Amid Demand Challenges

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

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DCX Systems Stock in Spotlight After Rs 460.3 Crore Export Order from Lockheed Martin

DCX Systems Stock in Spotlight After Rs 460.3 Crore Export Order from Lockheed Martin

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

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ITI Shares Surge as Company Becomes Lowest Bidder for Rs 4,559 Crore BharatNet Project

ITI Shares Surge as Company Becomes Lowest Bidder for Rs 4,559 Crore BharatNet Project

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 »

Ashok Leyland Q2 Profit Climbs 37% to Rs 770 Crore, Declares Rs 2 Interim Dividend

Ashok Leyland Ltd reported a robust 37% increase in net profit, reaching Rs 770 crore for the quarter ending September 30, 2024, up from Rs 561 crore a year earlier. Revenue from operations, however, dipped 9% to Rs 8,769 crore, compared to Rs 9,638 crore in the same quarter last year. The company’s shares were

Ashok Leyland Q2 Profit Climbs 37% to Rs 770 Crore, Declares Rs 2 Interim Dividend Read More »

India Cements’ Q2 Loss Deepens to Rs 240 Crore Amid Revenue Dip, Shares Slip

India Cements reported a widened standalone net loss of Rs 240 crore for the September quarter, a significant increase from the Rs 81.39 crore loss in the same period last year. Quarterly revenue also declined 17% year-over-year to Rs 1,017 crore, contributing to a 1% drop in the company’s stock price as investors reacted to

India Cements’ Q2 Loss Deepens to Rs 240 Crore Amid Revenue Dip, Shares Slip Read More »

Emcure Pharma Shares Jump 6% on Strong Q2 Earnings Performance

Emcure Pharma Shares Jump 6% on Strong Q2 Earnings Performance

Shares of Emcure Pharmaceuticals surged by nearly 6% on November 8, nearing the company’s record high of Rs 1,580, as investors responded positively to its robust earnings report for the July-September quarter. At around 09:25 am, the stock was trading at Rs 1,492 on the NSE, just below the opening high of Rs 1,525. Emcure

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