Stocks in Focus: Reliance, Tata Steel, Maruti Suzuki and Others
The benchmark equity indices, NSE Nifty 50 and S&P BSE Sensex ended Monday’s session in red due to profit booking in heavyweight stocks, extending corrections...
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Ramkrishna Forgings Shares Hit 52-week High as it Posted 63% YoY Growth in Net Profit, Completes Several Acquisitions
Shares of Ramkrishna Forgings surged nearly 8% to hit a fresh 52-week high of Rs 545 after the company posted a 63% year-on-year rise in...
Birlasoft Collabs with Microsoft to Establish Generative AI Centre of Excellence, Shares Rebound After Announcement
A CK Birla Group company, Birlasoft, announced in an exchange filing on Monday that it has established a Generative AI Centre of Excellence in collaboration...
RITES Bags Rs 500 Crore Order, Shares Zoom to a new 52-week High
RITES Ltd saw its shares rise as much as 10.4% during the intraday trade after the company announced that it had bagged a Rs 500...
Cyient DLM Shares Decline 5% after 15% Slump in Q1 Net Profit
Cyient DLM Ltd shares fell over 5% to Rs 466.35 as the market reacted negatively to the business’ June quarter numbers. The integrated electronic and...
Power Finance Records 52-Week High on Rs 2.37 Lakh Crore Green Energy Deals
On July 24, 2023, Power Finance Corporation (PFC) shares gained 3% to hit a 52-week high of Rs 234.20, with about 22 lakh shares changing...
Zomato Surges as it Initiates Liquidation of Portugal Subsidiary
Zomato Limited rose 1.12% in the early morning trade after it said that it had begun the procedure to liquidate its Portugal-based wholly-owned subsidiary. Zomato...
Hikal Slides 5% after Gujarat Pollution Board Orders Closing Bharuch Unit
Hikal stock price slipped 5% after the Gujarat Pollution Control Board (GPCB) requested the pharma firm close operations at its Bharuch plant for violating environmental...
Bain Capital Deal to Acquire Adani Capital; Gaurav Gupta Stays MD
Bain Capital has entered into an agreement to obtain 90% of Adani Capital and Adani Housing. The transaction will buy out 100% of the Adani...
Biocon Fell 2% After Malaysia Unit Gets 6 Notes From USFDA
Biocon shares fell 2% to Rs 258.50 at 9:27 am on Monday after the company acknowledged six US Food and Drug Administration (USFDA) observations. The...