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News Desk

Review of Niva Bupa Health Insurance Company Limited IPO: Lot Size, Check Issue Date, Price

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 […]

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NMDC Shares Rise Over 3% as Board to Discuss Bonus Issue on November 11

NMDC Shares Rise Over 3% as Board to Discuss Bonus Issue on November 11

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

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Gland Pharma Shares Jump 13% After Q2 Results, Signaling Possible Recovery

Gland Pharma Shares Jump 13% After Q2 Results, Signaling Possible Recovery

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

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Amara Raja Shares Drop Over 4% After Q2 Results Fall Short of Expectations

Amara Raja Shares Drop Over 4% After Q2 Results Fall Short of Expectations

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

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Apollo Green Energy Plans to Go Public, Targets ₹10,000-Crore Portfolio by 2025

Apollo Green Energy Plans to Go Public, Targets ₹10,000-Crore Portfolio by 2025

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,

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E2E Networks Shares Rise 5% to Record High After L&T Buys ₹1,000 Crore Stake

E2E Networks Shares Rise 5% to Record High After L&T Buys ₹1,000 Crore Stake

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.

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Tilaknagar Industries Shares Jump 17% to Record High on Robust Q2 Performance

Tilaknagar Industries Shares Jump 17% to Record High on Robust Q2 Performance

Tilaknagar Industries’ share price surged by 17% on November 5, following the company’s release of impressive Q2 results. The Indian-Made Foreign Liquor (IMFL) manufacturer posted a 57% increase in its consolidated net profit, reaching ₹58 crore in the September 2024 quarter. This marks a significant rise from the ₹37 crore profit reported during the same

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Review of ACME Solar Holdings Limited IPO: Lot Size, Check Issue Date, Price

ACME Solar Holdings IPO Price: ₹275 to ₹289 per shareIPO Dates: 6 November 2024 – 8 November 2024 Company Overview Incorporated in June 2015, ACME Solar Holdings Limited is an Indian renewable energy company specializing in producing electricity from wind and solar sources. The company stands as one of the largest independent power producers (IPPs)

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IPO-Bound NSE Reports 57% Surge in Q2 Net Profit at Rs 3,137 Crore

IPO-Bound NSE Reports 57% Surge in Q2 Net Profit at Rs 3,137 Crore

National Stock Exchange Ltd (NSE), which is preparing for an initial public offering (IPO), announced a strong financial performance for the September quarter, reporting a 57% increase in consolidated net profit to Rs 3,137 crore. The stock exchange’s consolidated total income rose by 25% year-on-year, reaching Rs 5,023 crore. “Revenue growth came not only from

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