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Best Waste Management and Recycling Stocks in Nov 2024 – Based on 1 Yr Return

Best Waste Management and Recycling Stocks in Nov 2024 – Based on 1 Yr Return

31 October 2024

In recent years, the need for sustainable practices in managing waste and promoting recycling has become critical in India. Growing environmental concerns, strict regulations, and increased public awareness have driven demand for efficient waste management and recycling solutions.  As a result, waste management companies in India are not only playing a vital role in environmental …

Tata Power Submits ₹221 Crore Insurance Claim After Trombay Fire Incident

Tata Power Submits ₹221 Crore Insurance Claim After Trombay Fire Incident

31 October 2024

In a recent update, Tata Power Company Ltd submitted an insurance claim of approximately ₹221 crore for damages sustained during a fire at its Trombay Plant (Unit 5). The fire, which occurred on September 24, 2024, affected critical infrastructure including the cable vault and the control room. As of October 31,  2024 at 1:43 PM, …

Protean eGov Technologies Reports Q2 FY 2025 Earnings with 12% Revenue Growth QoQ

Protean eGov Technologies Reports Q2 FY 2025 Earnings with 12% Revenue Growth QoQ

31 October 2024

Protean eGov Technologies Limited has announced its financial results for the quarter and half-year ended September 30, 2024.  Q2 FY 2025 Financial Highlights The company achieved a consolidated revenue from operations of ₹220 crore for Q2 FY 2025, reflecting a 12% growth quarter-on-quarter (QoQ). Both tax services and pension services showed stable growth, contributing positively …

Adani Power Shares Rise 3% on New Power Supply Deal with Maharashtra

Adani Power Shares Rise 3% on New Power Supply Deal with Maharashtra

31 October 2024

Adani Power share price witnessed a notable increase of 3% to an intraday high of ₹609.90 on October 31, 2024 at 9.50 AM following the announcement of a significant agreement with the Maharashtra State Electricity Distribution Company Limited (MSEDCL).  This Power Supply Agreement (PSA) will see Adani Power supply nearly 1,500 MW of electricity for …

IRFC Share Price in Focus Ahead of Q2 FY 2025 Financial Results and Interim Dividend Announcement

IRFC Share Price in Focus Ahead of Q2 FY 2025 Financial Results and Interim Dividend Announcement

31 October 2024

Indian Railway Finance Corporation (IRFC) share price is in focus on Thursday. On October 31, 2024, IRFC share price opened at ₹155.40, with not much difference from its previous close of ₹155.55. At 11:28 AM, the share price of IRFC was trading at ₹155.90, up by 0.23%. The stock touched its 52-week high at 229.00 …

What Is the Special Auction That Made Elcid Investments India’s Priciest Stock?

What Is the Special Auction That Made Elcid Investments India’s Priciest Stock?

31 October 2024

In an unprecedented rise, Elcid Investments, a little-known smallcap stock, skyrocketed to become India’s most expensive stock. A special call auction conducted by SEBI, which had no price bands, enabled an astonishing 6.7 million percent surge, elevating its share price from ₹3.53 to ₹2,48,062.50 on October 31, 2024, at 11:23 AM.  This development surpassed even …

L&T Share Price Up by 6.91%; Revenue Rises 21% YoY in Q2 FY25 Financial Results

L&T Share Price Up by 6.91%; Revenue Rises 21% YoY in Q2 FY25 Financial Results

31 October 2024

Larsen & Toubro (L&T) recently released its financial results for the half-year and quarter ended September 30, 2024. On Thursday, LT share price was in focus.  On October 31, 2024, LT share price opened at ₹3,530.00, up from its previous close of ₹3,408.35. At 11:10 AM, the share price of LT was trading at ₹3,643.85, …

Usha Financial Services Shares Open 2% Down, Hit Lower Circuit Limit!

Usha Financial Services Shares Open 2% Down, Hit Lower Circuit Limit!

31 October 2024

On October 31, 2024, Usha Financial Services’ shares debuted at ₹164 each, slightly below the issue price of ₹168, marking a 2.4% discount. The stock experienced further declines, hitting its lower circuit limit of ₹155.80. By around 10:20 AM, shares were trading at ₹161. IPO Details The IPO had a price range of ₹160 to …

Ashoka Buildcon Shares Surge 7% Following Major Acquisition

Ashoka Buildcon Shares Surge 7% Following Major Acquisition

31 October 2024

On October 31, 2024, shares of Ashoka Buildcon soared by nearly 6.7%, reaching a price of ₹248.45 on the Bombay Stock Exchange (BSE). This spike in share price came in response to the company’s announcement that it had acquired an additional 34% stake in Ashoka Concessions Limited (ACL) for ₹1,526 crore. This move is significant …

RVNL Gains 2% Stock Price As It Secures Major Railway Contract

RVNL Gains 2% Stock Price As It Secures Major Railway Contract

31 October 2024

Rail Vikas Nigam Ltd. (RVNL), a key player in India’s infrastructure sector, recently secured a significant contract from the East Coast Railway, pushing its stock price up by 2% to ₹474. This project, valued at ₹283.69 crore, involves constructing additional railway lines between Jarapada and Talcher Road and a new line between Angul and Balram.  …

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