NBCC shares surge after PSU wins multiple orders worth ₹405 crore
NBCC had won multiple orders worth over ₹1,000 crore in the month of December.
Uncategorized
Ten stocks where Mutual Funds trimmed their stake in December
From HDFC Bank and TCS to Coal India, India’s mutual funds reduced their stakes in several companies in December 2024.
J Kumar Infraprojects stock up 3% after bagging order worth ₹1,073 crore from NBCC
J Kumar Infraprojects Share Price | The execution cost of the order is around ₹1,057 crore and the operation and maintenance cost is over ₹15.4 crore.
Aether Industries gains nearly 3% on executing amendment to supply agreement with Baker Hughes
Aether Industries Share Price | The amendment was executed on January 7 and the final copy was received today, the company informed the stock exchanges in a filing. The amendment pertained to finalising the volume and pricing terms for the…
Morgan Stanley strategist says slowdown in India temporary, FPIs will be ‘very engaged’ in the market
Morgan Stanley remains bullish on India, with a Sensex target of 93,000, implying a 15-18% upside from current levels.
Aditya Birla Fashion approves nearly ₹5,000 crore fund raise via QIP, preferential issue
Aditya Birla Fashion will also issue shares up to ₹1,298 crore to promoter Pilani Investment and up to ₹1,081 crore to Fidelity Group in non-promoter category on preferential basis.
Tata Power submits bids for privatisation of two Uttar Pradesh discoms: Exclusive
It remains to be seen how this process moves forward as the issue of privatisation of power distribution companies had sparked an intense debate in the Uttar Pradesh state assembly.
Gold prices edge lower ahead of US inflation data: Experts suggest entry points for investors
Gold prices today: Spot gold dropped 0.1%, reaching $2,672.76 per ounce by 0300 GMT.
Bank Of Maharashtra Q3 Results: PSU lender falls over 5% ahead of earnings
Bank of Maharashtra shares had seen a sharp surge on Tuesday after CNBC-TV18 had reported citing sources that the government has approved a QIP plan worth ₹2,000 crore each for five state-run lenders, which included Bank of Maharashtra as well.
Excess government stake in PSU stocks is down 33% from peak but still above ₹2 lakh crore
CNBC-TV18 reported on Tuesday, January 14, that the government has approved a ₹2,000 crore QIP for each of the five state-run lenders, where its stake is in excess of 75%.