Author name: Lisl News Desk

Infosys ADRs

Infosys ADRs Surge Over 8% Following Strong Q1 Financial Performance, Share in Focus

/ Indian Market /

Infosys share price is expected to increase on Friday after its American Depository Receipts (ADRs) surged over 8% following the announcement of its Q1 results. Infosys ADRs experienced their biggest single-day jump in four years on the New York Stock Exchange (NYSE) on Thursday, closing 8.38% higher at $22.50 after the company surpassed its revenue […]

Infosys ADRs Surge Over 8% Following Strong Q1 Financial Performance, Share in Focus Read More »

MTNL

MTNL Shares Soars 20% as Government Pays Rs 92 Crore in Bond Interest

/ Indian Market /

Shares of Mahanagar Telephone Nigam Limited (MTNL) surged by 20% to hit the upper circuit, reaching a multi-year high of Rs 64.08 on the NSE. This significant increase follows the government’s deposit of Rs 92 crore to cover the immediate bond interest dues for the state-owned telecom company. On July 11, MTNL announced it lacked

MTNL Shares Soars 20% as Government Pays Rs 92 Crore in Bond Interest Read More »

Bajaj Auto Q1 Results: Net Profit Jumps 18% to Rs 1,942 Crore, Revenue Grows 16%

/ Results /

Bajaj Auto, a major player in the two-wheeler market, reported a consolidated net profit of Rs 1,942 crore for the quarter ending June 30, 2024. This marks an 18% increase from the Rs 1,644 crore reported during the same period last year. The company’s revenue from operations for this quarter rose to Rs 11,932 crore,

Bajaj Auto Q1 Results: Net Profit Jumps 18% to Rs 1,942 Crore, Revenue Grows 16% Read More »

UP Government Extends Electric Vehicle Subsidy Policy Until 2027

/ Indian Market /

The Uttar Pradesh government has announced an extension of its electric vehicle (EV) subsidy policy until 2027, as stated in an official notification on July 16. Under this policy, buyers of electric two-wheelers will receive a subsidy of Rs 5,000, while those purchasing electric four-wheelers will be eligible for a subsidy of Rs 1 lakh.

UP Government Extends Electric Vehicle Subsidy Policy Until 2027 Read More »

HDFC Life Insurance’s Q1 Net Profit Rises 15% to Rs 479 Crore, Meeting Market Expectations

/ Results /

In the first quarter of the fiscal year 2025, HDFC Life Insurance reported a net profit of Rs 479 crore, marking a 15% increase compared to the same period last year. This growth was driven by a substantial rise in both first-year and renewal premiums. The net profit figures aligned with market expectations, as a

HDFC Life Insurance’s Q1 Net Profit Rises 15% to Rs 479 Crore, Meeting Market Expectations Read More »

L&T Secures Mega Solar PV Orders in the Middle East

/ Indian Market /

Larsen and Toubro Ltd. (L&T) announced that its renewable energy arm has secured ‘mega’ orders from a leading developer in the Middle East to construct two gigawatt-scale solar PV plants with a cumulative capacity of 3.5 GW. L&T classifies ‘mega’ orders as those ranging from ₹10,000 crore to ₹15,000 crore. The project scope includes grid

L&T Secures Mega Solar PV Orders in the Middle East Read More »

Scroll to Top