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Nestle India Share Price Hits 52-Week Low Amid CERELAC’s 50th-Year Milestone

Nestle India Share Price Hits 52-Week Low Amid CERELAC’s 50th-Year Milestone

24 October 2024

On October 24, 2024, Nestle India’s share price reached a 52-week low of ₹2,271.00, despite opening higher at ₹2,339.00, an increase from its previous close of ₹2,327.15. By 10:39 AM, the stock was trading at ₹2,274.00, reflecting a rise of 2.28%. In a significant milestone, Nestle India recently celebrated the 50th anniversary of its flagship …

Pidilite Share Price Zooms Over 3%: Released Q2 FY25 Results

Pidilite Share Price Zooms Over 3%: Released Q2 FY25 Results

24 October 2024

On October 23, 2024, Pidilite Industries Limited, India’s leading manufacturer of adhesives, sealants, and construction chemicals, announced its financial results for the quarter (Q2 FY25) and half year ended September 30, 2024 (1H FY25).  During the quarter, Pidilite reported a revenue growth of 7% for the current quarter, driven by an 8% increase in Volume …

HCLTech Expands Partnership with Transport for NSW to Enhance Transport Services

HCLTech Expands Partnership with Transport for NSW to Enhance Transport Services

24 October 2024

HCL Technologies Limited (HCLTech) has announced an extension of its partnership with Transport for New South Wales (Transport for NSW), the state’s transport and roads agency, to enhance transport services for customers.  Under a new five-year agreement, HCLTech will provide comprehensive managed services for critical business and operational applications, platforms, and cloud operations, integrating embedded …

Coforge Soars 12% in 2 Days After Stellar Q2 FY25 Earnings Results: A Midcap IT Leader

Coforge Soars 12% in 2 Days After Stellar Q2 FY25 Earnings Results: A Midcap IT Leader

24 October 2024

Coforge’s share price jumped over 12% in 2 days following the release of its strong Q2FY25 results for the quarter ending September 2024. The IT company reported a consolidated net profit of ₹233.6 crore, a rise of nearly 24.2% compared to ₹188 crore in the same quarter last year. Its consolidated revenue from operations also …

Share Price of Suzlon Gains, Bounces from Important Support

Share Price of Suzlon Gains, Bounces from Important Support

24 October 2024

Suzlon Energy Bounces Off Key Support Levels Suzlon Energy has displayed resilience in recent trading sessions by bouncing from crucial technical support levels. The stock price rebounded from the 100-day Exponential Moving Average (EMA) at around Rs 67.95 and a horizontal trendline that has been serving as a solid support zone for the past few …

Aurionpro Share Price Surge by 2% Following Multi-Million Dollar Win

Aurionpro Share Price Surge by 2% Following Multi-Million Dollar Win

24 October 2024

Aurionpro Secures Major Win in Corporate Banking Transformation Aurionpro Solutions Limited, a global leader in providing cutting-edge technology solutions, has announced a significant new project win. The company has been selected by a leading bank in South Asia to implement its advanced iCashpro+ Transaction Banking Solution across multiple countries. This marks a major step in …

Ashok Leyland Share Price Rise by 1.60% as Subsidiary Bags Order for 500 Electric Buses

Ashok Leyland Share Price Rise by 1.60% as Subsidiary Bags Order for 500 Electric Buses

24 October 2024

Introduction Ashok Leyland, a leading Indian commercial vehicle manufacturer, continues to solidify its position in the electric mobility space. On October 23, 2024, the company’s subsidiary, OHM Global Mobility, secured a prestigious order for 500 electric buses from the Metropolitan Transport Corporation (MTC) in Chennai. This news resulted in a 1.60% surge in Ashok Leyland’s …

Share Price of Care Ratings Hits 52-Week High as Earnings Surge in Q2FY25

Share Price of Care Ratings Hits 52-Week High as Earnings Surge in Q2FY25

24 October 2024

Introduction Care Ratings Limited, one of India’s leading credit rating agencies, recently announced its earnings for the second quarter and half-year ended September 30, 2024. The company’s stock surged to a 52-week high, reflecting the strong performance across both its standalone and consolidated financials. Strong Earnings Drive Stock Surge The robust financial performance in Q2FY25 …

Lemon Tree signed a license agreement for a 60-room hotel in Aurangabad

Lemon Tree signed a license agreement for a 60-room hotel in Aurangabad

24 October 2024

In India’s mid-range hotel market, Lemon Tree Hotels has swiftly become a dominant force. The chain’s emphasis on offering high-quality lodging at reasonable costs has allowed it to draw in a diverse clientele, including both leisure and business travellers. The company’s quick growth throughout India’s cities is evidence of its popularity and success with visitors. …

Eris Lifesciences acquired a 100% stake in subsidiary Eris Pharmaceuticals

Eris Lifesciences acquired a 100% stake in subsidiary Eris Pharmaceuticals

24 October 2024

January 25, 2007, saw the incorporation of Eris Lifesciences Limited. Later, on February 9, 2007, the company was renamed ‘Eris Lifesciences Private Limited’. Additionally, on February 2, 2017, the business changed its name to ‘Eris Lifesciences Limited’ and became a public limited company. The company currently manufactures and markets pharmaceutical products from its manufacturing facility …

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