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LIC Increases Stakes in IndusInd Bank, IDFC First Bank, Dalmia Bharat & More in Q2 FY25

LIC Increases Stakes in IndusInd Bank, IDFC First Bank, Dalmia Bharat & More in Q2 FY25

11 November 2024

LIC (Life Insurance Corporation of India) made several strategic moves in Q2 of FY25, adjusting its portfolio by increasing its stake in key stocks. The insurer’s total shareholding in NSE-listed companies decreased slightly from 7.51% in Q1 FY25 to 7.34% in Q2 FY25.  Here are the major stock additions made by LIC during this period: …

Zydus Wellness Net Sales Up 12.15% in Q2 FY25 Financial Results

Zydus Wellness Net Sales Up 12.15% in Q2 FY25 Financial Results

11 November 2024

On November 11, 2024, Zydus Wellness, a consumer wellness company reported net profit growth of 254.2% for the July-September quarter at ₹209 million. The adjusted PAT growth increased by 154.2% year-on-year after excluding exceptional items. The company achieved a 16.7% year-on-year growth in EBITDA, reaching ₹196 million. Zydus Wellness Growth Overview from Different Segments In …

HPCL Share Price in Focus Post Q2 FY25 Results

HPCL Share Price in Focus Post Q2 FY25 Results

11 November 2024

HPCL share price is in focus after Q2  FY25 results, and the share price is down by 0.64%.  State-owned Hindustan Petroleum Corporation Ltd (HPCL) has reported a significant 97.5% decline in its net profit for the July-September quarter of the 2024-25 fiscal year. The company’s consolidated net profit dropped to ₹142.67 crore, compared to ₹5,826.96 …

EKI Share Price Declines Over 4 % Post NDDB Carbon Credit Milestone

EKI Share Price Declines Over 4 % Post NDDB Carbon Credit Milestone

11 November 2024

In a pioneering move that marks a major milestone for India’s dairy industry, EKI Energy Services Ltd (EKI) has facilitated the first-ever carbon credit payments to dairy farmers from Rajasthan and Assam.  This significant achievement comes as part of the National Dairy Development Board’s (NDDB) manure management program, in collaboration with the Sustain Plus Energy …

Zomato launches new ‘Food Rescue’ feature to reduce food wastage

Zomato launches new ‘Food Rescue’ feature to reduce food wastage

11 November 2024

Zomato was introduced in 2010. In order to meet their various needs, our technology platform links customers, delivery partners, and restaurant partners. Customers use our platform to find and search restaurants, order food delivery, reserve a table, write and read reviews left by other customers, view and upload photos, and make payments when dining out. …

Mahindra Lifespace Arm Signed a Joint Development Pact With GKW Land Parcel in Mumbai

Mahindra Lifespace Arm Signed a Joint Development Pact With GKW Land Parcel in Mumbai

11 November 2024

Mahindra Lifespaces Developers Limited (MLDL), the real estate arm of the Mahindra Group, has recently partnered with GKW Ltd to develop a massive 37 acre land parcel in Bhandup, Mumbai. This joint development project will majorly focus on residential spaces but will also include commercial and retail components, making it one of the largest urban …

Asian Paints Share Price Tumbles to Over 2-Year Low with Sharpest Single-Day Fall as Q2 Profit Plunges

Asian Paints Share Price Tumbles to Over 2-Year Low with Sharpest Single-Day Fall as Q2 Profit Plunges

11 November 2024

Introduction On November 11, 2024, Asian Paints Ltd.’s share price witnessed an 8% tumble, marking its steepest one-day fall in more than two years. This decline comes on the back of a significant earnings miss, with the company reporting a 44% drop in second-quarter profit, affected by macroeconomic challenges and a notable exceptional item. Q2 …

INOX India Secures Major Contract for LNG Terminal in The Bahamas, Share Price Up by 1.6%

INOX India Secures Major Contract for LNG Terminal in The Bahamas, Share Price Up by 1.6%

11 November 2024

Introduction On Monday, INOX India’s stock witnessed a 1.6% rise following the announcement of a significant contract win. The company has been awarded a turnkey project by Island Power Producer Ltd, The Bahamas, to supply 10 large LNG storage tanks and a re-gasification system for a power plant project, reinforcing INOX India’s position in the …

G R Infraprojects has emerged as the lowest bidder for BSNL’s BharatNet Phase 3 project

G R Infraprojects has emerged as the lowest bidder for BSNL’s BharatNet Phase 3 project

11 November 2024

In December 1995, our company, which has been a successful family business for thirty years, was incorporated as a public limited company. Since 1997, when the first road project was completed for the Public Works Department (PWD) in Rajasthan at a bid project cost of Rs. 26.50 million, we have been scaling up the value …

HAL Received a Contract for an Avionics Upgrade of the Dornier-228 Transport Aircraft

HAL Received a Contract for an Avionics Upgrade of the Dornier-228 Transport Aircraft

11 November 2024

Hindustan Aeronautics Limited (HAL) has recently signed a contract with the Ministry of Defence (MoD) to upgrade the avionics of the Dornier-228 transport aircraft, giving the Indian Air Force (IAF) a much-needed technological boost for the coming years. The announcement was made through the MoD’s tweet. This upgrade will make the Dornier-228 more efficient and …

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