Author name: Lisl News Desk

Mahanagar Gas Partners with International Battery Company to Enter Battery Manufacturing; Plans Bengaluru Giga Factory

/ Indian Market

Mahanagar Gas Ltd. (MGL), a prominent city gas distribution company, announced on November 7 its strategic entry into battery cell manufacturing through a new joint venture with the U.S.-based International Battery Company (IBC). The collaboration marks MGL’s foray into the energy storage sector and aligns with India’s growing demand for advanced battery solutions in mobility […]

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Shakti Pumps Shares Hit 5% Upper Circuit on Securing Rs 116 Crore Solar Pump Order from Haryana Government

/ Indian Market

Shares of Shakti Pumps surged to a 5% upper circuit, closing at Rs 4,822.55, following the announcement of a significant order valued at Rs 116.4 crore under the central government’s PM-KUSUM scheme. This contract, awarded by the Haryana Renewable Energy Department (HAREDA), entails supplying, installing, and commissioning 3,174 solar water pumping systems across Haryana. The

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Mahindra & Mahindra’s Q2 Profit Surges 35% to Rs 3,171 Crore, Driven by Record SUV Sales and Strong Services Growth

/ Results

Mahindra & Mahindra Ltd. (M&M) posted a 35% increase in consolidated net profit to Rs 3,171 crore for Q2 FY25, benefiting from strong performance in its automotive and services sectors and a boost in SUV sales. According to its filing on the stock exchange, the company’s consolidated income from operations rose 10% to Rs 37,924

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Hindalco

Hindalco Shares Slide Over 6% After Novelis’ Q2 Profit Decline and Withdrawn Margin Forecast

/ Indian Market

Hindalco Industries experienced a significant drop in its share price, falling over six percent during early trading, following a report from its U.S.-based subsidiary, Novelis Inc., revealing a decline in quarterly earnings. Novelis posted an 18% year-on-year decrease in net income, amounting to $128 million for Q2 of FY 2024-25. The decline stemmed from a

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

/ IPO News

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

/ IPO News

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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Review of Swiggy Limited IPO: Lot Size, Check Issue Date, Price

/ IPO News

Swiggy IPO Price: ₹371 to ₹390 per shareIPO Dates: 6 November 2024 – 8 November 2024 Company Overview Incorporated on December 26, 2013, Swiggy Limited is a new-age, consumer-focused technology company offering a convenient, unified platform that enables users to browse, select, order, and pay for food and household items, all accessible via a single

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Sagility India IPO

Review of Sagility India Limited IPO: Lot Size, Check Issue Date, Price

/ IPO News

Sagility India IPO Price: ₹28 to ₹30 per shareIPO Dates: 5 November 2024 – 7 November 2024 Company Overview Originally established as Berkmeer India Pvt. Ltd in Bengaluru, Karnataka, in July 2021, the company underwent significant changes, including a rebranding to Sagility India Pvt. Ltd in September 2022. By May 2024, after converting to a

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Afcons Infrastructure IPO

Review of Afcons Infrastructure Limited IPO: Lot Size, Check Issue Date, Price

/ IPO News

Afcons Infrastructure IPO Price: ₹440 to ₹463 per shareIPO Dates: 25 October 2024 – 29 October 2024 Company Overview Afcons Infrastructure Limited, incorporated in 1959, is a leading infrastructure engineering and construction company under the Shapoorji Pallonji Group. With over six decades of experience, the company has built a strong reputation for delivering complex and

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Godavari Biorefineries IPO

Review of Godavari Biorefineries Limited IPO: Lot Size, Check Issue Date, Price

/ IPO News

Godavari Biorefineries IPO Price: ₹334 to ₹352 per shareIPO Dates: 23 October 2024 – 25 October 2024 Company Overview Godavari Biorefineries Limited, incorporated in January 1956 as Godavari Investment and Finance Corporation Ltd, operates as a major ethanol-based chemical manufacturer in India. The company changed its name to Godavari Biorefineries Limited in November 2006. As

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