WTI crude near 6-month high as US-Iran tensions stoke fresh supply fears
The head of the UN nuclear watchdog also warned that Iran’s window for a diplomatic deal is narrowing amid a US military build-up.
The head of the UN nuclear watchdog also warned that Iran’s window for a diplomatic deal is narrowing amid a US military build-up.
From Waaree Energies planning investment over ₹8,000 crore to ABB India reporting December quarter result, these are some of the stocks to watch out ahead of Friday’s trading session.
CIE Automotive India reported a 10.4% rise in Q3 net profit to ₹204 crore, with revenue up 13.4%, while margins slightly dipped year-on-year.
GHV Infra Projects Limited secured a ₹123 crore order from Enmas EPC Power Projects Limited for 28.83 MWp rooftop solar plants for 14,416 SC and ST consumers, to be completed in 120 days.
Selling pressure emerged soon after the opening tick, dragging the Nifty lower from the day’s highs. The decline intensified in the mid-to-late part of the session, with the index closing near the day’s low.
Waaree Energies is planning a greenfield battery facility with over ₹8,000-crore investment, expanding capacity to 20 GWh. Shares of Waaree Energies ended lower on Thursday, February 19, by 3.12% at ₹2,871 on the NSE.
ABB India reported Q4 revenue above estimates, though profit and margins declined year-on-year amid cost pressures. The company posted its highest fourth-quarter orders in five years and announced a ₹29.59 dividend.
Texmaco Rail and RVNL signed a joint venture to strengthen rail manufacturing, global reach, MSME support, and sustainability; RVNL will hold the majority stake.
Swiggy shut down Snacc, its 15-minute food app which was meant to deliver home-style, unbranded meals, due to losses. Staff will move to other roles as Swiggy focuses on core services and financial health. Shares of Swiggy ended today’s trade…
RailTel secured a ₹35.6 crore railway signalling project in Prayagraj division, received a ₹4,550 crore West Central Railway order, and reported Q3 net profit decline but revenue growth.