The stock slipped 7.3% to Rs 2,711.75 on the BSE in Wednesday’s intra-day trade recorded its sharpest intra-day decline since February 14, 2022.
Posts in category Business Standard
RIL acquires 26% stake in Mahan Energen’s unit (10-07-2024)
Reliance Industries (RIL) has acquired a 26% stake in a 600 MW unit of Mahan Energen’s thermal power plant.
Indices pare some losses; Media shares decline (10-07-2024)
At 12:25 ST, the barometer index, the S&P BSE Sensex, was down 604.68 points or 0.75% to 79,750.88. The Nifty 50 index declined 172.65 points or 0.71% to 24,260.55.
Infosys bags 5-year contract with Sector Alarm (10-07-2024)
The IT major announced a strategic five-year collaboration with Sector Alarm to fuel growth through cloud-based Microsoft Dynamics ERP.
GE Power edges higher securing product supply contract from Mangalore Refinery (10-07-2024)
GE Power India added 3.08% to Rs 553.05 after the company announced the receipt of a purchase order from Mangalore Refinery and Petrochemicals worth Rs 7.667 crore.
Is the upcoming Sebi meeting on F&O spooking the markets? What analysts say (10-07-2024)
Experts believe the market fall seems to be part of routine profit-taking given the sharp 3,000-point rally in the Nifty 50 index post Lok Sabha election outcome.
Rajesh Exports Ltd leads gainers in ‘A’ group (10-07-2024)
Rail Vikas Nigam Ltd, Prism Johnson Ltd, Computer Age Management Services Ltd and Ion Exchange (India) Ltd are among the other gainers in the BSE’s ‘A’ group today, 10 July 2024.
Havells India to expand cable manufacturing capacity in Alwar (10-07-2024)
The home appliance company announced that it is planning to expand its manufacturing capacities of cables at its Alwar location.
KIMS gains after inking pact to acquire 100% stake in Chalasani Hospitals (10-07-2024)
Krishna Institute of Medical Sciences (KIMS) added 2.10% to Rs 2,148 after the company executed a share purchase agreement (SPA) to acquire 100% equity stake of Chalasani Hospitals Private for total consideration of Rs 75 crore.
HCL Tech Q1 Preview: Weak deals, client spending to dent profits by 5-7% (10-07-2024)
According to analysts, HCL Tech is likely to report a revenue increase of 6-7 per cent year-on-year (Y-o-Y) between Rs 27,900 crore to Rs 28,034 crore