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Lupin Shares Fall 5.54% Amid Sensex Gains

Lupin Shares Fall 5.54% Amid Sensex Gains

10 October 2024

On Thursday, October 10, 2024, the shares of pharmaceutical giant Lupin Limited witnessed a sharp fall of  5.54% and closed at ₹2,157.60. This decline comes despite an overall rise in the Sensex, indicating specific concerns impacting Lupin’s stock. This fall came after the United States Food and Drug Administration (USFDA) issued 5 observations following an …

KBC Global Launches New Deolali Project and Expands with $12.5M Liberia Venture

KBC Global Launches New Deolali Project and Expands with $12.5M Liberia Venture

10 October 2024

Introduction: A New Milestone in Nashik KBC Global Ltd (formerly Karda Construction Ltd) has announced the commencement of a new project in Deolali, Nashik. This new venture spans 31,998 sq. ft. and will include six commercial and 22 residential units. The project aims to enhance local infrastructure and further KBC Global’s commitment to Nashik’s real …

JM Financial to acquire a 42.99% stake in JM Financial Credit Solutions

JM Financial to acquire a 42.99% stake in JM Financial Credit Solutions

10 October 2024

JM Financial is a financial services group based in Mumbai, India, with branches all over the country. Even though the group’s domestic operations in India account for the majority of its business, it also maintains branches abroad in Ebene, Singapore, New Jersey, and Dubai. JMFL plans to purchase 42.99% of JMFCSL The Competition Commission of …

G R Infraprojects wins metro project worth Rs 903 crore

G R Infraprojects wins metro project worth Rs 903 crore

10 October 2024

Underpinned by thirty years of distinction and a prosperous family business venture, our company was established as a public limited company in December of 1995. Our journey began in 1997 with the execution of our first road project for the PWD (Public Works Department), Rajasthan, at a bid project cost of Rs. 26.50 million. Since …

RCF awarded an order worth Rs 1,000.27 crore to Larsen & Toubro

RCF awarded an order worth Rs 1,000.27 crore to Larsen & Toubro

10 October 2024

Located in Mumbai, India, Rashtriya Chemicals & Fertilizers Ltd. is a central public sector enterprise that engages in the production of fertilizers and chemicals. The Ministry of Chemicals and Fertilizers is in charge of its administration, while the Government of India is the owner. RCF placed a new fertilizer plant order with L&T Following the …

PNC InfraTech Bags an EPC Project Worth Rs.2,090.6 Crore

PNC InfraTech Bags an EPC Project Worth Rs.2,090.6 Crore

10 October 2024

PNC Infratech Ltd has emerged as the lowest bidder for a Rs.2,090.6 crore engineering, procurement, and construction (EPC) project awarded by the City & Industrial Development Corporation of Maharashtra Ltd (CIDCO). This contract is part of the Navi Mumbai Airport Influence Notified Area (NAINA) project, designed to improve infrastructure around the upcoming Navi Mumbai Airport. …

Adani Enterprises Launches First Tranche of QIP To Raise $500 Million

Adani Enterprises Launches First Tranche of QIP To Raise $500 Million

10 October 2024

On October 9, 2024, Adani Enterprises, the flagship company of the Adani Group, began its fundraising by launching the first segment of its Qualified Institutional Placement (QIP) to raise Rs.4,200 crore (approximately $500 million). The company has set a floor price of Rs.3,117.47 per share, which is slightly below its closing price Rs.3,152.40 on the …

JP Power Share Price Surges to ₹22.89 with a 3.43% Increase

JP Power Share Price Surges to ₹22.89 with a 3.43% Increase

10 October 2024

On October 10, 2024, shares of Jaiprakash Power Ventures Ltd (JP Power) were in focus, opening at ₹22.64, a slight increase from the previous close of ₹22.13.  As of 11:51 AM, the share price had reached a day’s high of ₹23.77, reflecting investor optimism. Over the past week, from October 3 to October 9, JP …

High Volatile Stocks in India October 2024 Based on Beta

High Volatile Stocks in India October 2024 Based on Beta

10 October 2024

Investing in highly volatile stocks is similar to navigating a ship through stormy seas. High-volatility stocks are those whose prices fluctuate significantly over a short period. They can offer both substantial rewards and significant risks. In this blog, we will explore highly volatile stocks in October 2024  based on beta. High Volatile Stocks in October …

Puravankara Limited: Q2FY25 Financial Highlights and Strategic Developments

Puravankara Limited: Q2FY25 Financial Highlights and Strategic Developments

10 October 2024

Puravankara Limited, one of India’s most trusted real estate developers, reported sales of ₹1,331 crore for Q2FY25, an 18% increase from ₹1,128 crore in Q1FY25. The company achieved a total sale value of ₹2,459 crore in H1FY25. Customer collections also saw significant growth, reaching ₹1,033 crore in Q2FY25, compared to ₹879 crore in Q2FY24, marking …

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