12:39 PM
This state-owned defence stock has dropped 20% in two days; check details
The state-owned defence company Bharat Dynamics Limited (BDL) shares plummeted 10 per cent, triggering the lower circuit as the stock hit an intraday low of Rs 1,293.35, on Thursday. READ MORE
12:29 PM
Indian Energy Exchange shares gain 6% on recording highest volumes in May
The electricity volumes at 9,568 MU, increased 21 per cent Y-o-Y and the renewable energy certificates (REC) at 1,055 MU, increased 640.3 per cent Y-o-Y, Indian Energy Exchange said. READ MORE
12:08 PM
KPI Energy soars 5% on procuring 20 orders for solar power projects
KPI Green Energy, a member of the KP Group, specialises in the development, construction, ownership, management, and maintenance of renewable power facilities, including solar and wind solar hybrid power projects. READ MORE
11:54 AM
Century Textiles arm forms JV with Barmalt India; share price zooms 13%
On Wednesday, Birla Estates Private Ltd, the real estate venture of Aditya Birla Group, and a 100 per cent wholly-owned subsidiary of Century Textiles and Industries, entered into a JV with Barmalt India Pvt Ltd for a luxury residential project in Gurugram. READ MORE
11:31 AM
Uno Minda zooms 18% after deal with Inovance Automotive for e-4W expansion
“Uno Minda is committed to leading the electric vehicle transformation across all vehicle categories. Similar to our success in e-2W, we are building a strong portfolio for e-4W. We are delighted to partner with lnovance Automotive to strengthen our EV product offerings for e-4W vehicles and accelerate India’s transition to a sustainable and electrified future,” said Nirmal K Minda, CMD of Uno Minda Group. READ MORE
11:18 AM
NBCC shares surge 8% on bagging multiple construction orders; details here
Other orders subsumed an order from the Department of Social Security and Empowerment of person with disabilities. This order entails construction of integrated infrastructure complex (IIC) in Bargarh district of the state of Odisha for Rs 73.27 crores. READ MORE
10:55 AM
Kronox Lab Sciences IPO allotment today: How to check status and latest GMP
The speciality chemical company’s IPO, which opened for subscription on June 3 and closed on June 5, saw a strong response across all investor segments, including non-institutional investors (NIIs) at 301.92 times, qualified institutional buyers (QIBs) at 89.03 times, and retail investors at 54.23 times. Overall, the IPO was subscribed 117.25 times by the closing day, according to data from the National Stock Exchange (NSE). READ MORE
10:32 AM
WTI, Brent crude oil prices enter ‘oversold’ zone; check levels for June 6
It appears cartel members are increasingly unwilling to hold back production with an eye on regaining market share. Even the decision to discount the official selling price to Asian buyers by Saudi Arabia for the first time in five months is reflective of the economic slowdown. READ MORE
10:22 AM
RVNL rallies over 7% on securing LoA of Rs 391 crore from Eastern Railways
In an exchange filing, RVNL said, “It is hereby informed that Rail Vikas Nigam Limited has received Letter of Acceptance from Eastern Railway from Eastern Railway for construction of Sitarampur bye pass line under Asansol division of Eastern Railway.” READ MORE
9:55 AM
BHEL shares zoom 10% on securing thermal power project from Adani Power
The contract, signed on June 5, involves the supply of equipment (boiler, turbine, generator) and supervision of erection and commissioning for a 2×800 mega watt power project based on Supercritical Technology, as stated in BHEL’s exchange filing. READ MORE
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