RPP Infra shares surge 20% after ₹1,126 crore order win from BHEL
RPP Infra secured a ₹1,126 crore order from BHEL for fabrication and supply of structures across India, sending shares up 20% to hit the upper circuit.
Uncategorized
Sensex, Nifty rise on auto sales boost; midcaps hit record highs
The NSE Nifty 50 index climbed 198 points, or 0.81%, to close at 24,625, while the S&P BSE Sensex advanced 555 points, or 0.70%, to end at 80,364. The broader market outperformed, with the Nifty Midcap index surging 1,098 points,…
Axiscades Tech arm secures DRDO contract for Su-30MKI upgrade; Stock rises nearly 5%
The contract has been secured from Combat Aircraft Systems Development and Integration Centre (CASDIC), the company informed the stock exchanges. The contract entails the design and development of 10 Electronic Control Units (ECUs) for the aircraft’s cooling system, Axiscades Technologies…
PLI beneficiary GH2 Solar to invest ₹400 crore in electrolyser unit, plans IPO in 2026
the company plans to start green hydrogen production at a coastal site, targeting 10,500 MTPA capacity in 2.5 years. To fund this, it aims to raise ₹600–800 crore and is eyeing an IPO by August or September 2026.
One MobiKwik shares surge over 12% on the highest volumes in over two months
About 2.2 crore shares changed hands, compared with the 20-day average of 7 lakh.
Anand Rathi Wealth shares hit record highs on strong volumes above its 20-day average
Shares of Anand Rathi Wealth listed on the bourses in December 2021, when it sold its equity at ₹550 apiece to raise ₹660 crore via the IPO. The stock, adjusted for its bonus shares, has gained 434.5% from its issue…
Alibaba shares soar most since 2022 after making headway in AI
That three-way battle has dealt more damage than anticipated to some of the country’s e-commerce leaders: JD’s profit halved in the quarter while Meituan warned of major losses, triggering a $27 billion selloff of the three companies’ shares last week.
Torrent Power shares rise up to 7% but give up gains after ₹22,000 crore thermal power project
Morgan Stanley said it believes the plant can generate a 15% – 17% internal rate of return (IRRs), assuming a 70-30 debt equity ratio.
‘Expect bumper earnings growth next year’: Raamdeo Agrawal
Raamdeo Agrawal, Chairman and Co-Founder of Motilal Oswal Financial Services, sees a mix of hope and hesitation playing out as key policy moves take shape. The upcoming GST Council meeting, for instance, could be a game-changer. Cuts from 28% to…
Aurionpro enters into a strategic partnership with Sri Lankan bank; to focus on artificial intelligence
In August, Aurionpro had bagged a ₹250 crore order for auto-fare collection for the Mumbai Metro. This contract entails the implementation of central clearing house software (CCHS) and all ticketing and payment hardware, followed by five years of maintenance and…