Author name: Lisl News Desk

Ola Electric Mobility IPO

Review of Ola Electric Mobility Limited IPO: Lot Size, Check Issue Date, Price

/ IPO News

Ola Electric Mobility IPO Price: ₹72 to ₹76 per shareIPO Dates: 2 August 2024 – 6 August 2024 Company Overview Founded in 2017, Ola Electric Mobility Limited is an electric vehicle (EV) company that focuses on manufacturing electric vehicles and key EV components, such as battery packs, motors, and vehicle frames at the Ola Futurefactory. […]

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Ceigall India IPO

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

/ IPO News

Ceigall India IPO Price: ₹380 to ₹401 per shareIPO Dates: 1 August 2024 – 5 August 2024 Company Overview Founded in July 2002, Ceigall India Limited is an infrastructure construction company specializing in elevated roads, flyovers, bridges, railway overpasses, tunnels, highways, expressways, and runways. The company has a strong reputation for delivering quality projects and

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Akums Drugs and Pharmaceuticals IPO

Akums Drugs and Pharmaceuticals Limited IPO

/ IPO News

Akums Drugs and Pharmaceuticals IPO Price: ₹646 to ₹679 per shareIPO Dates: 30 July 2024 – 1 August 2024 Company Overview Established in 2004, Akums Drugs and Pharmaceuticals Limited is a leading pharmaceutical contract development and manufacturing organization (CDMO) offering a comprehensive range of pharmaceutical products and services in India and overseas. Services and Capabilities

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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

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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

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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,

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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.

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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

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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

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