Aurobindo Pharma: Company receives USFDA approval for cephalexin tablets USP, 250 MG and 500 MG. (Positive)  Man Infraconstruction: Company gets commencement certificate for its highly anticipated vile Parle project, the project has total estimated sale potential of over Rs 1,200 cr. (Positive)  Hero Motocorp: September total sales 637050 units vs 536499 units (YoY), EST 622000. […]

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Kalpataru Projects: Company bags orders worth Rs 1,241 crore from Indian and overseas market.  Blue Dart: Company to implement general price increase w.e.f. January 1, 2025.  Alphageo India: Company gets contract worth ₹131.63 cr from Oil India, gets contract for 2D seismic data acquisition in Ganga-Punjab basin.  R Systems: Company launches Chaos Engineering integrated DR […]

Sensex, Nifty, Share Prices LIVE: Nifty 50 and Sensex rose in line with our expectation last week. The Nifty Bank index, on the other hand, remained broadly stable and range-bound last week. Sensex and Nifty were up over a per cent each. The Nifty Bank index closed marginally higher by about 0.08 per cent. The […]

Welspun Enterprises: Company emerges as L1 bidder for a Brihanmumbai Municipal Corporation contract worth ₹1,989.9 cr (Positive)  Elgi Rubber: Company approved to sell certain immovable properties of Company, Company approved sale of non-current investments of co in open market. (Positive)  Kansai Nerolac: Company has opened a new sales depot in Salem, Tamil Nadu, increasing its […]

Railtel Corp: Company gets work order Rs 1.56 billion from rural development department, Mantralaya, Maharashtra  RITES: Consortium emerges lowest bidder in a Delhi Metro project worth ₹87.58 cr. Netweb Technologies: Company received an Intel Partner Award for Outstanding Growth in the Data Center & AI Group. Biocon: Company partners with Tabuk pharmaceuticals to commercialize its […]

Railtel Corp: Company gets work order Rs 1.56 billion from rural development department, Mantralaya, Maharashtra  RITES: Consortium emerges lowest bidder in a Delhi Metro project worth ₹87.58 cr. Netweb Technologies: Company received an Intel Partner Award for Outstanding Growth in the Data Center & AI Group. Biocon: Company partners with Tabuk pharmaceuticals to commercialize its […]

Citi On Trent Initiate Buy Call, Target Rs 9,250 Transformation From Single-format To Multi-format Led To Higher Rev CAGR (36% In FY19- 24) Multi-Category (Fashion & Lifestyle, Grocery, Personal Care) Player Led To A Higher Rev CAGR Model For Trent Industry-leading Rev/EBITDA/PAT CAGRs Of 41%/44%/56% In FY24- 27 Leveraging On Supply Chain & Learnings From […]

Max Estates: Company clinches Rs 391cr deal with New York Life Insurance to reshape Delhi-NCR real estate (Positive)  Mazagon Dock: Company has started production for the first Multipurpose Cargo Vessel for Navi Merchants, Denmark (Positive)  Delta Corp: Company board approved draft composite scheme of arrangement between co and Delta penland, scheme provides for demerger of […]

CLSA on Fusion Fin Downgrade To Underperform From Outperform, Target Cut To 260 From 550 Recently Disclosed Higher Credit Costs For Q2 Indicates That Collection Efficiency Has Not Improved Collection Efficiency Had Dipped At End Of Q1 & Indicates It Has Not Improved In Past 2 Months Co Undergoing Multiple Process & Leadership Changes Citi […]