Mazagon Dock Shipbuilders Ltd. saw its shares jump by over 3% on November 6 after the company reported impressive financial results for Q2. The state-owned defense firm posted a 76% increase in net profit, reaching Rs 585 crore for the quarter ending in September, while revenue surged by 51% year-on-year to Rs 2,757 crore. The […]
Mazagon Dock Shares Rise 3% on Strong Q2 Results and Stock Split News Read More »
Shares of Oil India rose by nearly 6% on November 6 after the company reported a massive 464% jump in net profit for Q2. The state-run company posted a net profit of Rs 2,069 crore for the quarter, a big leap from Rs 640 crore in the same period last year. Despite this, the company’s
Oil India Shares Surge 6% on Massive 464% Profit Growth in Q2 Read More »
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
Niva Bupa Health Insurance IPO Price: ₹70 to ₹74 per shareIPO Dates: 7 November 2024 – 11 November 2024 Company Overview Niva Bupa Health Insurance Company Limited, incorporated on September 5, 2008, is a joint venture between Bupa Group and Fettle Tone LLP. As one of India’s largest and fastest-growing Standalone Health Insurers (SAHI), it
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 »
