Indian Market

RVNL Shares Surge 5% After Emerging as Lowest Bidder for Bengaluru Rail Project

RVNL Shares Surge 5% After Emerging as Lowest Bidder for Bengaluru Rail Project

/ Indian Market /

Rail Vikas Nigam Ltd (RVNL) shares climbed 5% on November 6 after the company, along with Rithwik Projects Pvt Ltd (RPPL), emerged as the lowest bidder (L1) for a major contract in the Bengaluru Suburban Rail Project (BSRP). This significant win boosted RVNL’s shares, trading at Rs 467.25 by 9:34 AM, up nearly 4%. Year-to-date, […]

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Mazagon Dock Shares Rise 3% on Strong Q2 Results and Stock Split News

Mazagon Dock Shares Rise 3% on Strong Q2 Results and Stock Split News

/ Indian Market /

Mazagon Dock Shipbuilders Ltd. saw its shares jump by over 3% on November 6 after the company reported impressive financial results for Q2. The state-owned defense firm posted a 76% increase in net profit, reaching Rs 585 crore for the quarter ending in September, while revenue surged by 51% year-on-year to Rs 2,757 crore. The

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ACME Solar Holdings Raises Rs 1,301 Crore from Anchor Investors; Rs 2,900-Crore IPO Opens on November 6

ACME Solar Holdings Raises Rs 1,301 Crore from Anchor Investors; Rs 2,900-Crore IPO Opens on November 6

/ Indian Market /

ACME Solar Holdings, one of India’s top renewable energy companies, raised Rs 1,301 crore from anchor investors on November 5, just ahead of its highly anticipated Rs 2,900-crore IPO. The public offering, set to open on November 6 and close on November 8, has a price band of Rs 275-289 per share. The IPO consists

ACME Solar Holdings Raises Rs 1,301 Crore from Anchor Investors; Rs 2,900-Crore IPO Opens on November 6 Read More »

Premier Explosives Shares Gain Attention After Winning Rs 89.20 Crore Order from Singareni Collieries

Premier Explosives Shares Gain Attention After Winning Rs 89.20 Crore Order from Singareni Collieries

/ Indian Market /

Premier Explosives shares are set to be in focus on November 6 after the company announced a major order win worth ₹89.20 crore from Singareni Collieries Company Ltd. (SCCL). The order involves the supply of various explosives and accessories, including SME explosives, LDC explosives (both cap and non-cap), and additional items like Cast Booster, Detonating

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NMDC Shares Rise Over 3% as Board to Discuss Bonus Issue on November 11

NMDC Shares Rise Over 3% as Board to Discuss Bonus Issue on November 11

/ Indian Market /

Shares of NMDC Ltd jumped more than 3% on November 5 after the company announced that its board would meet on November 11 to consider a proposal for issuing bonus shares. As of 2:55 PM, NMDC shares were trading 3.3% higher at ₹233.9 on the NSE. Alongside the bonus issue proposal, the company will also

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Gland Pharma Shares Jump 13% After Q2 Results, Signaling Possible Recovery

Gland Pharma Shares Jump 13% After Q2 Results, Signaling Possible Recovery

/ Indian Market /

Gland Pharma shares surged over 13% on November 5, driven by strong Q2 earnings that, according to analysts, may indicate an end to the company’s recent struggles. As of 12:54 PM, Gland Pharma shares were trading at ₹1,803 on the NSE. The stock’s modest performance this year has lagged behind the Nifty Pharma index, which

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Apollo Green Energy Plans to Go Public, Targets ₹10,000-Crore Portfolio by 2025

Apollo Green Energy Plans to Go Public, Targets ₹10,000-Crore Portfolio by 2025

/ Indian Market /

Apollo Green Energy Limited (AGEL), part of the Apollo International Group, announced on November 5 that it aims to create a ₹10,000-crore project portfolio by 2025. Currently, the company has an order book of ₹3,500 crore, including ₹2,500 crore dedicated to ongoing solar projects across various states in India. As part of its growth strategy,

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E2E Networks Shares Rise 5% to Record High After L&T Buys ₹1,000 Crore Stake

E2E Networks Shares Rise 5% to Record High After L&T Buys ₹1,000 Crore Stake

/ Indian Market /

E2E Networks’ share price went up by 5% on November 5 after Larsen & Toubro (L&T) announced plans to buy a 21% stake in the company for over ₹1,000 crore. E2E Networks specializes in providing cloud computing platforms using CPU and GPU technology, and the stake purchase is expected to be completed by December 31.

E2E Networks Shares Rise 5% to Record High After L&T Buys ₹1,000 Crore Stake Read More »

Tilaknagar Industries Shares Jump 17% to Record High on Robust Q2 Performance

Tilaknagar Industries Shares Jump 17% to Record High on Robust Q2 Performance

/ Indian Market /

Tilaknagar Industries’ share price surged by 17% on November 5, following the company’s release of impressive Q2 results. The Indian-Made Foreign Liquor (IMFL) manufacturer posted a 57% increase in its consolidated net profit, reaching ₹58 crore in the September 2024 quarter. This marks a significant rise from the ₹37 crore profit reported during the same

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