Capital Infra Trust share price made a flat debut on both the exchanges NSE and BSE and listed at ₹99 each against the issue price of ₹99-100 per unit. Backed by Gawar Construction, the infrastructure investment trust (InvIT) raised ₹703 crore from anchor investors. Gawar Construction, the sponsor, is involved in developing road and highway projects …
Reliance Industries (RIL) share price rose 2.65% to ₹1,300 at 9:40 AM on the NSE, driven by strong Q3 results and a 10% CAGR in Jio’s ARPU over the past 5 years. The full impact of the July 2024 tariff hike is expected to materialise soon. RIL Reports Growth in Net Profit for Q3 Reliance Industries posted …
G R Infraprojects Limited has announced a significant development, informing the exchanges about its acquisition of Bijapur REZ Transmission Limited (BRTL) from PFC Consulting Limited (PFCCL). Details of the Acquisition The acquisition was formalised through a Share Purchase Agreement, making BRTL a wholly-owned subsidiary of G R Infraprojects Limited. The acquisition was completed at a …
On Thursday, January 16, 2025, the Indian benchmark indices Sensex gained by 318.74 points, or 0.42%, to close at 77,042.82, while the Nifty 50 surged by 98.60 points, or 0.42%, ending at 23,311.80. Check out a few stocks that might be in focus during the trading session on Friday. Reliance Industries Reliance Industries reported a 7.4% …
HCL Technologies has finalised January 17, 2025, as the record date for its 4th interim dividend for FY25. On Jan 13, 2025, HCLTech declared the 4th Interim Dividend of ₹18/- per equity share,w which includes a special dividend of ₹6/- per share to celebrate 25 years of the company’s public listing. The company will pay …
The Delhi High Court has ruled in favour of Bharti Airtel and Indus Towers, affirming that telecom towers qualify as “movable” property and are thus eligible for input tax credit (ITC) under tax laws. In its ruling on December 12, the court rejected the tax department’s argument that telecom towers should be classified as “immovable” …
KPI Green Energy’s subsidiary, Sun Drops Energia Private Limited, has bagged an order to develop solar power projects with a cumulative capacity of 62.20 MW. These projects fall under the Captive Power Producer (CPP) segment and are expected to be completed in the financial year 2025-26, executed in phases as per the agreement. The company’s …
The Indian stock market extended the gains for the third straight day on January 16, 2025. The BSE Sensex closed 0.42% higher at 77,042.82, while Nifty50 rose 0.42% to 23,311.80. During the session, many stocks, including Reliance Power and Aeroflex Industries hit circuit limits, indicating significant price movements. Here is the list of stocks hitting lower and upper circuits …
New Standard Engineering Company Ltd, NESCO Ltd, is a distinguished Indian conglomerate with diversified interests spanning infrastructure and hospitality. Headquartered in Mumbai, the company is widely celebrated for its iconic Bombay Exhibition Centre (BEC), one of the country’s premier venues for trade shows, exhibitions, and grand events. Contract for Expressway With ₹300 Crores Revenue Potential …
Quadrant Future Tek’s share price slipped 1.93%, trading at ₹522.50 at 10:30 AM on the BSE, after opening at ₹550.05, up from the previous close of ₹532.80. The stock reached an early high of ₹564.05 before cooling off to ₹507.95. Following a strong market debut on Tuesday, the stock has gained more than 80% from its …
