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Ashapuri Gold Ornament Partners with Titan for a Two-Year Gold Jewellery Deal

Ashapuri Gold Ornament Partners with Titan for a Two-Year Gold Jewellery Deal

12 November 2024

Ashapuri Gold Ornament Ltd., a rising name in India’s jewellery-making space, has teamed up with Titan Company Limited to supply gold jewellery. The partnership, which officially started on August 1, 2024, will run until July 31, 2026. For Ashapuri, this isn’t just a deal, it’s an opportunity to work with one of the biggest names …

Ambuja Cements seeks CCI approval to buy a majority stake in Orient Cement

Ambuja Cements seeks CCI approval to buy a majority stake in Orient Cement

12 November 2024

Adani Cement’s cement and building material subsidiary, Ambuja Cements, is a member of the diverse Adani Group. It runs 21 grinding units, 10 bulk cement terminals, and 22 integrated cement plants throughout India. Orient Cement is distributed throughout ten Indian states and operates three production facilities in Telangana, Karnataka, and Maharashtra. Ambuja Cements’s Rs. 8100 …

HMA Agro Share Price Hits 10% Upper Circuit Following Strong Q2 FY25 Results

HMA Agro Share Price Hits 10% Upper Circuit Following Strong Q2 FY25 Results

12 November 2024

Introduction HMA Agro Industries’ share price soared to hit a 10% upper circuit on the stock exchanges on November 12, 2024. This surge reflects investors’ confidence, driven by the company’s outstanding Q2 FY25 financial performance. HMA Agro Industries recently announced robust growth across all key financial metrics, underlining its commitment to delivering value. The impressive …

HealthCare Global to sell diagnostic business Triesta for Rs 135 crore

HealthCare Global to sell diagnostic business Triesta for Rs 135 crore

12 November 2024

One of India’s top healthcare providers, HealthCare Global Enterprises Ltd., provides advanced screening and diagnostic services, cancer treatment, tertiary care, and infertility treatment. HCG consists of four entities: Milann, the Fertility Center; Triesta Sciences, the Diagnostic Center; HCG hospitals, for multispecialty care; and HCG, the Specialist in Cancer Care. These organizations are positioned strategically across …

Britannia Q2 Results Net Profit dips 9.4% YoY

Britannia Q2 Results Net Profit dips 9.4% YoY

12 November 2024

Breads, biscuits, and dairy products are sold by Britannia Industries Limited, a multinational Indian food products company. Founded in 1892, it is one of the oldest companies still in operation in India and is a part of the Wadia Group, which is headed by Nusli Wadia. By 2023, around 80% of its total revenue came …

NMDC Approves Bonus Share Issue Of Two For One Held

NMDC Approves Bonus Share Issue Of Two For One Held

12 November 2024

NMDC Ltd., India’s largest iron ore producer, has some big news for its shareholders. The company has approved a 2:1 bonus share issue, meaning for every share you hold, you’ll get two additional ones. This is a rare move from NMDC, showing the company’s first bonus issue in 16 years.  What’s the Plan? The company …

ONGC Q2FY25 Results Out, Profit Jumps 17%, Revenue Dips Slightly

ONGC Q2FY25 Results Out, Profit Jumps 17%, Revenue Dips Slightly

12 November 2024

State-owned oil giant Oil and Natural Gas Corporation Ltd (ONGC) has wrapped up Q2FY25 with a major 17% jump in standalone net profit, hitting Rs.11,948 crore. This is a step up from Rs.10,238 crore in the same quarter last year, primarily thanks to a dip in windfall taxes and steady production levels. However, the top …

Windsor Machines Acquired Global CNC for Rs.343 Crore

Windsor Machines Acquired Global CNC for Rs.343 Crore

12 November 2024

Windsor Machines Limited, a prominent player in manufacturing, has announced its acquisition of Global CNC Private Limited (GCPL) for Rs.343.11 crore,, expanding into advanced manufacturing technologies. Windsor Machines’ shares hit the 10% upper circuit right after the announcement. Who is Global CNC? Global CNC isn’t an average manufacturing company. They’re known for their cutting-edge CNC …

Triveni Turbine Shares Soar Over 11% After Record Q2 FY25 Results

Triveni Turbine Shares Soar Over 11% After Record Q2 FY25 Results

12 November 2024

Shares of Triveni Turbine, a company known for its power-generating equipment, jumped over 11% to ₹698 per share on November 12, 2024. This surge comes after the company reported strong financial performance for the quarter ending September 2024 (Q2 FY25). Company’s Strong Q2 FY25 Performance Triveni Turbine reported a 29% increase in revenue from ₹388 …

L&T Tech Share Price Rise 4%; Agreement to Acquire Intelliswift, Boost AI Expertise

L&T Tech Share Price Rise 4%; Agreement to Acquire Intelliswift, Boost AI Expertise

12 November 2024

On November 11, 2024, L&T Technology Services, announced that it had finalised an agreement to acquire Intelliswift. This acquisition aims to enhance its capabilities in areas such as Software Product Development, Platform Engineering, Digital Integration, and Data and AI. L&T Technology Services Expands AI and Market Reach with Intelliswift Acquisition Intelliswift serves four of the …

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