Indian Market - Lakshmishree News

Ashoka Buildcon Declared Lowest Bidder for Rs 312 Crore MSETCL Project; Shares Dip 2%

Lisl News Desk / Indian Market / November 4, 2024

Ashoka Buildcon’s stock price fell over 2% in early trading on November 4, despite being declared the lowest bidder for a Rs 312.13 crore contract from Maharashtra State Electricity Transmission Company (MSETCL). As of 09:31 am, shares traded at Rs 239.75 on the BSE, down by Rs 5.65 or 2.30%. The contract involves the establishment […]

Ashoka Buildcon Declared Lowest Bidder for Rs 312 Crore MSETCL Project; Shares Dip 2% Read More »

NBCC Stock Gains on Winning New Contracts Worth Rs 235 Crore

Lisl News Desk / Indian Market / November 4, 2024

NBCC (India) Ltd. saw a jump in early trade on November 4 after securing multiple contracts totaling Rs 235 crore. Despite trading slightly lower at Rs 98.25 on the BSE at 09:30 am, the company’s recent order wins reflect strong business momentum. The new contracts include a Rs 44 crore project awarded by Mahatma Gandhi

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Prudent Corporate Shares Surge 14% to New Lifetime High on Robust Q2FY25 Earnings

Lisl News Desk / Indian Market / October 31, 2024

Shares of Prudent Corporate Advisory Services soared 14% to a record high of Rs 3,090 on October 31 after reporting a stellar Q2FY25 performance. The company’s operating revenue rose 51% year-on-year to Rs 286.1 crore, driven by a 53% increase in average quarterly assets under management (AUM) in its mutual fund segment and a 36%

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DCM Shriram Shares Surge 10% on Strong Q2 Earnings, Investment in Renewable Projects

Lisl News Desk / Indian Market / October 31, 2024

Shares of DCM Shriram Ltd jumped over 10% in early trade on October 31, following the company’s stellar Q2 earnings report. The firm posted a consolidated net profit of Rs 62.92 crore for the September quarter, marking a sharp 95% year-on-year increase from Rs 32.24 crore in the same period last year. This earnings boost

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IRB Infra Shares Dip 4% as Q2 Revenue Suffers Due to Monsoon Impact

Lisl News Desk / Indian Market / October 31, 2024

Shares of IRB Infrastructure Developers Ltd dropped by up to 4% in early trade on October 31, following a tepid quarterly performance in the July-September period. The company’s revenue declined over 9% year-on-year, from Rs 174.5 crore in the previous fiscal quarter to Rs 158.6 crore, primarily due to prolonged monsoon disruptions affecting project timelines

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Jupiter Wagons Stock Rises 5% as Subsidiary JEM Acquires Log9’s Rail and EV Battery Business

Lisl News Desk / Indian Market / October 31, 2024

Shares of Jupiter Wagons Ltd rose over 5% on October 31 following the announcement that its subsidiary, Jupiter Electric Mobility (JEM), has acquired Log9’s Railway Battery and Electric Truck Battery divisions. This acquisition, encompassing Log9’s technology, production assets, and Devanahalli manufacturing facility, aims to bolster JEM’s presence in India’s electric mobility sector with advanced battery

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Indian IPO Fundraising Hits Record Rs 1.22 Lakh Crore in 2024 Amid Cooling Investor Sentiment

Lisl News Desk / Indian Market / October 31, 2024

Indian companies have set a new record in 2024, raising over Rs 1.22 lakh crore through initial public offerings (IPOs), surpassing the previous high of Rs 1.18 lakh crore set in 2021. Despite the milestone, enthusiasm in the primary market shows signs of cooling as several recent IPOs struggled to deliver expected gains. Around 70%

Indian IPO Fundraising Hits Record Rs 1.22 Lakh Crore in 2024 Amid Cooling Investor Sentiment Read More »

Gold Prices Surge to Record Rs 79,535/10 gm Amid Festive Season; Silver Opens at Rs 98,431/kg

Lisl News Desk / Indian Market / October 30, 2024

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

Gold Prices Surge to Record Rs 79,535/10 gm Amid Festive Season; Silver Opens at Rs 98,431/kg Read More »

Shriram Properties Rises 7% on Rs 750 Crore Revenue Potential from New Pune Project

Lisl News Desk / Indian Market / October 30, 2024

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%

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RITES Stock Gains 3% Following MoU with SAIL-Bokaro for Railway Infrastructure Development

Lisl News Desk / Indian Market / October 30, 2024

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,

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