Gold futures in India soared to a new record high of Rs 79,535 per 10 grams on Wednesday, climbing by Rs 300 or 0.38% as the festive season drives demand. Silver, meanwhile, opened at Rs 98,431 per kilogram, slightly down by 0.3% or Rs 300. The Multi Commodity Exchange (MCX) had previously recorded a high […]
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%
Shriram Properties Rises 7% on Rs 750 Crore Revenue Potential from New Pune Project Read More »
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
Godavari Biorefineries Makes Weak Market Debut with 12.5% Discount on NSE Listing Read More »
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
BCL Industries Q2 Net Profit Soars 64% to Rs 21 Crore Amid Strong Revenue Growth Read More »
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,
Federal Bank shares rose over 7% on October 30 after the bank posted an 11% increase in Q2 net profit, reaching Rs 1,057 crore, up from Rs 954 crore a year ago. Boosted by strong net interest income (NII) of Rs 2,367 crore, a 15% increase year-on-year, Federal Bank also reported total income growth to
Federal Bank Jumps Over 7% as Q2 Profit Climbs 11% to Rs 1,057 Crore Read More »
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
JSW Infra Soars 10% as Q2 Net Profit Jumps 46% on Strong Cargo Growth Read More »
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
Suzlon Energy Shares Rise as Q2 Profit Soars 96% on Record Orders Read More »
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
Servotech Power Systems’ Q2 Net Profit Jumps Three-Fold, Unveils New Solar Products Read More »
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
Ramco Industries Rises 6% Following Major Stake Realignment in Block Deals Read More »
