Indian Market - Lakshmishree News

RVNL Shares in Focus After ₹186.76 Crore Project Win from East Central Railway

Lisl News Desk / Indian Market / December 4, 2024

Rail Vikas Nigam Limited’s shares are likely to be in focus on December 4, after the company received an order worth ₹186.76 crore from East Central Railway. The project involves the design, supply, erection, testing, and commissioning of traction substations along with associated switching posts. These works will upgrade the electric traction system from 1X25 […]

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Swiggy Q2 Results: Revenue Rises 30% to ₹3,602 Crore, Losses Narrow to ₹626 Crore

Lisl News Desk / Indian Market / December 3, 2024

Swiggy, the popular food tech and grocery delivery platform, reported a strong 30% growth in revenue for the July-September quarter (Q2FY25), reaching ₹3,601.5 crore. This is up from ₹2,763.3 crore recorded in the same period last year. The company also managed to narrow its losses to ₹626 crore, a 5% reduction compared to ₹657 crore

Swiggy Q2 Results: Revenue Rises 30% to ₹3,602 Crore, Losses Narrow to ₹626 Crore Read More »

Zen Technologies Shares Fall Over 7% After Rs 386 Crore Block Deal

Lisl News Desk / Indian Market / December 3, 2024

Shares of Zen Technologies dropped over 7% in early trading on December 3, following a block deal worth ₹386.1 crore. Approximately 21.4 lakh shares, equating to a 2.55% equity stake in the company, were traded at a price of ₹1,800 per share. This price represents a 5.9% discount to the previous session’s closing price. By

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TBO Tek Shares Drop 7% After Rs 951 Crore Block Deal

Lisl News Desk / Indian Market / December 3, 2024

Shares of TBO Tek fell sharply by 7% in early trading on December 3, following a significant block deal. Around 64.34 lakh shares, equivalent to a 5.92% equity stake, were exchanged for ₹951 crore at a price of ₹1,476 per share. This price reflects a 6.6% discount from the previous session’s closing price. By 10:20

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C2C Advanced Systems Shares Debut at 90% Premium on NSE SME Platform

Lisl News Desk / Indian Market / December 3, 2024

C2C Advanced Systems shares made a remarkable debut on the NSE SME Emerge platform on December 3, listing at ₹429.40 per share, which is 90% higher than the IPO price of ₹226. The strong listing follows the postponement of its original date due to regulatory concerns. Shares were allotted to successful applicants on December 2.

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Torrent Power Plans to Raise ₹3,500 Crore Through QIP; Stock in Focus

Lisl News Desk / Indian Market / December 3, 2024

Torrent Power has launched a Qualified Institutional Placement (QIP) on December 4, aiming to raise ₹3,500 crore by selling 4.6% of its equity stake. The issue price has been set at ₹1,503 per share, offering a 5.3% discount to its last closing price and a 3.4% discount to the floor price. The floor price for

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KPI Green Shares Rally on Rs 1,311 Crore Order from Coal India

Lisl News Desk / Indian Market / December 3, 2024

KPI Green Energy shares are expected to be in the spotlight on December 3, 2024, following the announcement of its largest-ever order, valued at ₹1,311 crore, from Coal India. This project marks a significant milestone for the company in the renewable energy sector. The order involves the setup of a 300 MWAC (405 MWDC) ground-mounted

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Biocon Shares Rise 4% as US FDA Approves Biosimilar Yesintek

Lisl News Desk / Indian Market / December 2, 2024

Shares of Biocon jumped over 4% in intraday trade on December 2 after the US FDA approved Biocon Biologics’ Yesintek, a biosimilar to Johnson & Johnson’s Stelara. At 12:10 PM, shares of Biocon were trading 3% higher at ₹375. For the stock, it was the seventh straight session of gains. The stock has gained 47%

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Ola Electric Shares Surge 6% as CEO Announces Expansion to 4,000 Stores on December 20

Lisl News Desk / Indian Market / December 2, 2024

Ola Electric started December 2 on a strong note after the company’s CEO, Bhavish Aggarwal, announced an aggressive store expansion. Its store count is likely to increase from 800 to 4,000 by December 20, 2024, in what Aggarwal termed “the biggest single-day store opening ever.” Aggarwal announced this on platform X, while adding all new

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