Indian Market

Kalpataru Projects Shares Decline 4% Despite Securing Rs 2,273 Crore in New Projects

Kalpataru Projects Shares Decline 4% Despite Securing Rs 2,273 Crore in New Projects

/ Indian Market /

Shares of Kalpataru Projects International fell nearly 4% on November 13, even after the company announced securing new projects worth Rs 2,273 crore. These new contracts span the transmission and distribution (T&D) sector and residential building projects in India, bringing the company’s total order inflow this year to Rs 14,100 crore. Recent Project Wins and […]

Kalpataru Projects Shares Decline 4% Despite Securing Rs 2,273 Crore in New Projects Read More »

EPack Durable's Q2 Loss Widens, Shares Drop 5% Amid Rising Costs

EPack Durable’s Q2 Loss Widens, Shares Drop 5% Amid Rising Costs

/ Indian Market /

Shares of EPack Durable slid 5% on November 13 as the company reported a wider Q2 net loss of Rs 8.5 crore, up from Rs 6.1 crore in the previous year. By 9:30 AM, the stock was trading at Rs 462.50, despite having doubled in value year-to-date. Key Financials: Half-Year Highlights: For H1FY25, EPack’s revenue

EPack Durable’s Q2 Loss Widens, Shares Drop 5% Amid Rising Costs Read More »

NTPC Green Energy Targets $12 Billion Valuation for Upcoming IPO

NTPC Green Energy Targets $12 Billion Valuation for Upcoming IPO

/ Indian Market /

NTPC Green Energy Ltd., a clean energy subsidiary of NTPC, is reportedly targeting a valuation around $12 billion for its upcoming IPO, which could become one of India’s largest renewable energy offerings. Discussions with advisers suggest NTPC Green may price the IPO above Rs 100 per share, with a potential fundraising goal of up to

NTPC Green Energy Targets $12 Billion Valuation for Upcoming IPO Read More »

NTPC Green Energy IPO Sees GMP Drop Amid Filing Preparations for RHP

NTPC Green Energy IPO Sees GMP Drop Amid Filing Preparations for RHP

/ Indian Market /

The grey market premium (GMP) for NTPC Green Energy’s IPO has dipped as anticipation builds around the company filing its red herring prospectus (RHP). The recent GMP decline is attributed to broader market pressures, including continued foreign institutional investor (FII) outflows, subdued quarterly results, and weak trends across Asian markets, all of which have affected

NTPC Green Energy IPO Sees GMP Drop Amid Filing Preparations for RHP Read More »

Inox Wind Secures 87 MW Order, Expands Partnership with Continuum Green Energy

Inox Wind Secures 87 MW Order, Expands Partnership with Continuum Green Energy

/ Indian Market /

Inox Wind’s share price saw a slight rise in early trading on November 12 after securing a repeat order of 87 MW from Continuum Green Energy for its advanced 3 MW class wind turbines. By 9:19 am, Inox Wind was trading at Rs 205.55 on the BSE, reflecting a marginal gain of 0.42 percent. The

Inox Wind Secures 87 MW Order, Expands Partnership with Continuum Green Energy Read More »

HFCL Shares Climb 6% After Securing Rs 8,100 Crore BharatNet Project

HFCL Shares Climb 6% After Securing Rs 8,100 Crore BharatNet Project

/ Indian Market /

HFCL shares surged over 6 percent after the company, along with partners Rail Vikas Nigam Ltd (RVNL) and Aerial Telecom Solutions, was selected as the lowest bidder for multiple BharatNet Phase III project bids, totaling Rs 8,100 crore. By 1:30 PM, HFCL shares were up 2 percent at Rs 130. The stock has risen 53

HFCL Shares Climb 6% After Securing Rs 8,100 Crore BharatNet Project Read More »

Biocon Shares Rise 5% After USFDA Clears Bengaluru Facility with Favorable Rating

Biocon Shares Rise 5% After USFDA Clears Bengaluru Facility with Favorable Rating

/ Indian Market /

Shares of Biocon rose by 5 percent on November 11 after the US Food and Drug Administration (FDA) granted its Bengaluru biologics unit a “Voluntary Action Indicated” (VAI) status. This designation is generally positive, indicating minor issues found during the inspection but no need for regulatory or enforcement action, allowing Biocon to continue operations smoothly.

Biocon Shares Rise 5% After USFDA Clears Bengaluru Facility with Favorable Rating Read More »

Asian Paints Shares Drop 9% After Weak Q2FY25 Results Amid Demand Challenges

Asian Paints Shares Drop 9% After Weak Q2FY25 Results Amid Demand Challenges

/ Indian Market /

Asian Paints’ stock fell sharply, dropping over 9 percent on November 11, following a disappointing Q2FY25 performance marked by low demand and increasing competition. At 9:20 AM, shares traded 7 percent lower at Rs 2,565. Year-to-date, the stock has underperformed with a 25 percent decline, compared to the Nifty 50’s 10 percent gain in the

Asian Paints Shares Drop 9% After Weak Q2FY25 Results Amid Demand Challenges Read More »

Scroll to Top