Patel Engineering (PEL) tumbled 8.79% to Rs 62.98 after the civil construction company informed about the demise of its promoter, chairman & managing director, Rupen Patel.
Posts in category Business Standard
Indices trade with minor losses; PSU bank shares decline (08-07-2024)
At 11:30 IST, the barometer index, the S&P BSE Sensex was down 110.33 points or 0.14% to 79,891.81. The Nifty 50 index lost 34.25 points or 0.14% to 24,289.60.
Larsen & Toubro bags ‘mega’ orders for its renewables portfolio (08-07-2024)
Larsen & Toubro said that its Renewable arm has finalised mega orders with a leading developer in the Middle East to build two gigawatt-scale solar PV plants with a cumulative capacity of 3.5 gigawatt (GW).
AU SFB reports gross advances of Rs 90,700 crore for Q1 FY25; deposits at Rs 97,290 crore (08-07-2024)
AU Small Finance Bank has recorded 4.9% rise in gross advances to Rs 90,700 crore as on 30 June 2024 as compared with Rs 86,478 crore as on 31 March 2024.
Dabur India spurts on expecting mid to high digit revenue growth in Q1 (08-07-2024)
Dabur India rallied 4.30% to Rs 632.45 after the company’s consolidated revenue is expected to register mid to high single digit growth during Q1 FY25.
Rail stocks rally: RVNL, IRFC, TexRail surge up to 15% on July 08; check why (08-07-2024)
The GoI is focusing on improving the railway infra and ensures faster development and completion of tracks, rail electrification, rolling stock manufacturing and delivery of passenger freight services
Signatureglobal hits record high after pre-sales soars to Rs 3,120 cr in Q1 FY25 (08-07-2024)
Signatureglobal (India) advanced 1.86% to Rs 1,527.80 after the company’s pre sales zoomed to Rs 3,120 crore in Q1 FY25, steeply higher than Rs 880 crore recorded in Q1 FY24.
Volumes spurt at Godrej Industries Ltd counter (08-07-2024)
Godrej Industries Ltd registered volume of 426.02 lakh shares by 10:47 IST on BSE, a 2347.12 fold spurt over two-week average daily volume of 18151 shares
US Equities Extend Winning Streak; S&P 500, Nasdaq Hit New Records (08-07-2024)
The Nasdaq and the S&P 500 closed higher for the fourth straight session, once again reaching new record closing highs on Friday. The major averages reached new highs for the session going into the close of trading. The Nasdaq jumped 164.46 points or 0.9 percent to 18,352.76, the S&P 500 climbed 30.17 points or 0.5 percent to 5,567.19 and the Dow rose 67.87 points or 0.2 percent to 39,375.87. For the holiday-interrupted week, the Nasdaq spiked by 3.5 percent, the S&P 500 surged by 2.0 percent and the Dow advanced by 0.7 percent.
Adani Wilmar’s shares rise on steady volume, exports growth in Q1 estimates (08-07-2024)
In Q1FY25, Adani Wilmar recorded a volume growth of 13 per cent year-on-year (Y-o-Y), led by market-specific strategies in each category, and aimed at gaining market share