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Power Grid Corp Sees Net Profit Rise 3.5% To ₹3,724 Cr
The PSU's net profit for the June quarter came in at ₹3,723.92 crore, an increase of around 3.5% compared to the ₹3,597 crore posted in the same quarter last.
BHEL Gets LoI For ₹10,000 Cr Order From Damodar Valley Corporation For Thermal Power Station
Shriram Finance Top Gainer As Nifty Roars Back To All Time High
Power Grid Corp Sees Net Profit Rise 3.5% To ₹3,724 Cr
BHEL Gets LoI For ₹10,000 Cr Order From Damodar Valley Corporation For Thermal Power Station
Shriram Finance Top Gainer As Nifty Roars Back To All Time High
Vedanta Announces ₹4 Dividend: Check Record Date
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Shares of the company jumped by nearly 4% after the announcement.
IndusInd Bank's Q1 Net Profit Inches Up 1.3% To ₹2,152 Cr, Misses Estimates
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The Hinduja Group was looking to raise its stake in the lender from around 16% to 25% by pumping ₹10,000 crore into the bank, according to media reports, but that doesn't appear to have materialised yet, as per data from Trendlyne.
IndiGo's Net Q1 Profit Down 11.7% To ₹2,728.8 Cr, Beats Estimates In Difficult Quarter
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Delays in the delivery of parts from original equipment manufacturers have stunted the carrier's performance in the near term, though most analysts predict growth towards the end of the year, helped along by likely price hikes.
Cipla Shares Shoot Up After Q1 Profit Goes Up 18% To Beat Estimates As U.S. Business Shines
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The restructuring of Cipla's domestic trade generics segment was likely to dampen earnings growth during the quarter, though the management has said it is optimistic about mitigating the adverse impact in coming quarters.
Paytm Shares Rocket 10% After Reports Of Getting Govt Nod To Invest In Its Payments Division
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Paytm shares rose 10% after getting govt. approval to invest in payments arm. Approval was delayed due to China link.
Shriram Finance Shares Soar 6% As Profit Grows 19% In Q1
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Shriram Finance's share price shot up sharply after the lender posted its earnings for the quarter ended June.
UBS Upgrade Keeps Ashok Leyland In The Black Despite Smaller Q1 Profit
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Ashok Leyland shares rose 6% despite 6% profit dip in June quarter. UBS upgraded stock to buy with target price of ₹280 due to strong demand and better valuations.
Tata Power Solar, Bank Of India Join Forces To Ramp Up Rooftop Solar, EV Charging Installations
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The collaboration aims to fast-track the installation of rooftop solar and EV charging stations by providing customised financing solutions.
Analysts Say IRFC Shares May Still Breach ₹200 Levels And More, But Advise Caution
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IRFC share price looks set to break its eight-straight day losing streak on Friday.
NTPC To Report Earnings On July 27: What To Expect
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Analysts at Antique Broking said that sector leader NTPC will benefit from the increase in power demand in the country. "It also continues to see an increasing trend of coal dispatch from its captive coal mines," the analysts added in the preview note.
Why Vedanta's Share Price Is Soaring 3% Today
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The ratings agency was upbeat about Vedanta Resources' ability to meet $1.4 billion (₹11,721 crore) of debt maturities due by December 2025.
SJVN Shares Soar 13% After Getting ₹13,947 Cr Project In Mizoram
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Shares of SJVN rose 10% after securing a ₹13,000 crore project in Mizoram. The project is expected to be completed in 6 years with 8 units of 300 MW each.
Jupiter Wagons' Shares Jump After Net Profit Soars 46%
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Jupiter Wagons reported a 46% year-on-year jump in its net profit to ₹91.92 crore.
Texmaco Rail Shares Soar 5% After Major Acquisition To Expand Wagons Market Presence
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Texamaco Rail's share price surged on Friday morning, going up over 5% to hit an intraday high of ₹292 — close to its 52-week high of ₹296.49.
Tech Mahindra Shares Deep In Red As Brokerages Wait For Turnaround After Worse-Than-Expected Q1 Results
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Tech Mahindra's stock falls after brokerages' bearish calls and mixed Q1 results.
Tata Power Shares Jump 3% After Brokerage Initiates Coverage With 'Buy' Rating
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Tata Power's share price jumped on Friday morning, going up over 3% to hit an intraday high of ₹436.45.
This Technical Analyst Advises Caution On IFCI As It Nears Record High
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Analyst advises booking profits on IFCI within 88-92 range, waiting for correction before re-entry.
Tech Mahindra's Net Profit Up 22.96% To ₹851 Cr, Misses Estimates
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Tech Mahindra's Q1 results: Net profit up 22.96% to ₹851.5 crore, revenue slips 1.16%. EBIT margin at 8.5%.
Adani Energy Solution Sees Revenue Grow 46% But Posts Massive Loss In Q1
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The Adani Group company's revenue from operations jumped up 46% to ₹5,378 crore from the ₹3,663 crore posted in the same quarter last year.
Jupiter Wagons Net Profit Rise 46% to ₹91.92 crore
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Jupiter Wagons announced Q1 results, with 46.24% rise in net profit to ₹91.92 crore, and revenue up 16.81% to ₹879.86 crore.
Texmaco Rail To Acquire Jindal Rail Infra For ₹615 Cr
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Texmaco Rail & Engineering has announced its acquisition of Jindal Rail Infrastructure Limited. The deal is expected to strengthen Texmaco's presence in the private freight rolling stock sector.
Adani Green Shares Rocket 8% As Profit Jumps 38% To ₹446 Cr
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Adani Green's share price shot up sharply after the company posted its earnings for the quarter ended June on Thursday afternoon.
RITES Secures Order Worth Over ₹320 Cr To Build Medical Facility In Maharashtra
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Under the project, worth over ₹321 crore, a facility will be built in Amravati, Maharashtra.
Ashok Leyland Shares Wobbly After Profit Dips 9% In June Quarter
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Ashok Leyland's share price was wobbly on Thursday afternoon after the company posted its earnings for the quarter ended June.
HG Infra Shares Surge 5% After Winning ₹763 Cr Order From Road Transport Ministry
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Shares of HG Infra surged 5.38% after winning the bid for a ₹763.11 crore MORTH project in Uttar Pradesh. Project expected to be completed in 2 years.
Nestle India Shares Tank As Net Profit Rises 7% But Misses Street Estimates
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The company's operational revenue saw a 3.3% year-on-year jump to ₹4,813 from ₹4,658.5 crore. The numbers failed to meet investors' estimates.
Tata Power Partners With National Dairy Development Board To Solarise Dairy Value Chain
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Tata Power's subsidiary, TP Renewable Microgrid has joined hands with the National Dairy Development Board (NDDB) to introduce renewable energy technologies within the dairy value chain.