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Hyundai Motor Shares in Focus: Achieved Highest Ever Domestic Sales in CY2024

Hyundai Motor Shares in Focus: Achieved Highest Ever Domestic Sales in CY2024

1 January 2025

On January 1, 2025, Hyundai Motor India Limited (HMIL) released its sales numbers for December 2024. The company recorded its highest-ever domestic sales of 6,05,433 units in CY 2024. The company recorded a total of 7,64,119 units in sales (Domestic + Export) for the year. In December 2024, HMIL’s total monthly sales reached 55,078 units, …

IRB Infrastructure Share Price Gains for the 3rd Consecutive Day; Up 3%

IRB Infrastructure Share Price Gains for the 3rd Consecutive Day; Up 3%

1 January 2025

IRB Infrastructure’s share price traded 3% higher at ₹58.96 at 12:05 PM on the BSE. The stock opened at ₹57.70 higher than ₹57.20 at its previous close. In the last 2 days, IRB Infrastructure’s stock has gained 3.5%. Recent Business Development: Stake Acquisition IRB Infrastructure Developers Limited has informed the BSE and NSE about the successful …

Bajaj Auto Shares in Focus: Release Sales For Dec 2024

Bajaj Auto Shares in Focus: Release Sales For Dec 2024

1 January 2025

On January 1, 2025, Bajaj Auto share price fell ~2% and reached the day low of ₹8,550.00 after opening at ₹8,769.95. The fall in shares of Bajaj Auto came after the company reported auto sales of 3,23,125 units in December 2024 as compared to 3,26,806 units in December 2023, reflecting a fall of ~1%. Bajaj Auto Different …

IREDA Share Price Rose Over 3% Intraday After Releasing Business Update

IREDA Share Price Rose Over 3% Intraday After Releasing Business Update

1 January 2025

On December 31, 2024, Indian Renewable Energy Development Agency (IREDA) Ltd. released its business performance for the October-December quarter through an exchange filing. Growth in Loan Sanctions During Q3 FY25 During the October-December quarter, IREDA sanctioned loans amounting to ₹31,087 crore, marking a significant growth of 129% compared to the same quarter last year. In …

Coal India’s Steady Output: December Sees Marginal Growth While FY25 Targets Remain on Track

Coal India’s Steady Output: December Sees Marginal Growth While FY25 Targets Remain on Track

1 January 2025

Coal India Limited reported a marginal rise in production for December 2024, reaching 72.4 million tonnes (MT), reflecting a 0.7% year-on-year growth. Despite this modest increase, the company remains well on track to achieve its ambitious production target for the financial year 2025. Notably, South East Coalfields and Bharat Coking Coal Ltd. were exceptions, as …

Goodluck India Commences Commercial Production at New Hydraulic Tubes Plant

Goodluck India Commences Commercial Production at New Hydraulic Tubes Plant

1 January 2025

Goodluck India Limited, formerly known as Goodluck Steel Tubes Ltd, has taken a significant step forward in its expansion journey. The company announced the commencement of commercial production at its state-of-the-art hydraulic tubes manufacturing plant located in Sikandarabad, Uttar Pradesh, effective January 01, 2025. Company Overview Goodluck India is a leading manufacturer of sheets, pipes, …

SJVN Share Price Zooms Over ~7% After Signing MoU With Govt of Bihar

SJVN Share Price Zooms Over ~7% After Signing MoU With Govt of Bihar

1 January 2025

On January 1, 2025, SJVN share price surged over 7% following the company’s announcement of a Memorandum of Understanding (MoU) with the Government of Bihar. SJVN share price opened at ₹107.20 and reached a day high of ₹111.95 by 10:10 AM. The MoU, signed in Patna, outlines plans for the development of the 1,000 MW …

Gujarat Toolroom Limited Board to Meet on January 6 For Bonus Issue

Gujarat Toolroom Limited Board to Meet on January 6 For Bonus Issue

1 January 2025

Gujarat Toolroom Limited has formally notified the Bombay Stock Exchange (BSE) regarding an upcoming Board Meeting scheduled for January 6, 2025. This announcement pertains to a critical decision about issuing bonus shares, highlighting the company’s strategic move to reward its shareholders. Proposal for Bonus Shares As per the intimation, the Board of Directors will deliberate …

Power Mech Secures ₹294 Crore Order from Adani Power for Korba Thermal Project

Power Mech Secures ₹294 Crore Order from Adani Power for Korba Thermal Project

1 January 2025

Power Mech Projects Limited has been awarded a ₹294 crore contract (excluding GST and incentives) by Adani Power Limited for overhauling, testing, and commissioning services at the 2×660 MW Korba Phase-II Thermal Power Project. The share price of Power Mech jumped over 3.5% as of 12:27 PM on January 1, 2025. Project Scope and Objectives …

Aster DM Healthcare Converts Loan into Equity, With Preference Shares in Alfaone Medicals

Aster DM Healthcare Converts Loan into Equity, With Preference Shares in Alfaone Medicals

1 January 2025

Aster DM Healthcare Limited has announced the conversion of loans into equity shares and Optionally Convertible Redeemable Preference Shares (OCRPS) in its associate company, Alfaone Medicals Private Limited. This strategic move is aimed at improving the capital structure, boosting profitability, and fostering growth for Alfaone Medicals. The share price of Aster DM is trading 0.65% …

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