Buch, under a cloud over allegations of conflict of interest levelled by US-based short-seller Hindenburg, was asked to appear before the PAC
RailTel shares climb 6% after bagging order worth Rs 145 crore Gujarat govt (24-10-2024)
RailTel shares surged by 6% to Rs 420 on the BSE following the announcement of a Rs 144.88 crore order from the Gujarat government’s Home Department. The contract entails the supply, installation, commissioning, and operational maintenance of a CCTV video surveillance system across multiple branches of the LCB SoG cyber police station and LIB, as well as police stations in Clusters 1, 2, and 3.
Acquisition of railway biz of Escorts Kubota, healthy Q2 lift Sona BLW 11% (24-10-2024)
The surge in Sona BLW share price came on the back of acquisition of the railway business division of Escorts Kubota Limited (EKL), coupled with a healthy Q2FY25 results
GAIL shares fall 0.11 per cent in Thursday’s trading session (24-10-2024)
The Relative Strength Index of the stock stood at 34.37 on Thursday.
Navin Fluorine Q2 PAT slides 3% YoY to 59 cr (24-10-2024)
Navin Fluorine International reported consolidated net profit of Rs 58.82 crore in Q2 FY25, down 2.90% as against Rs 60.58 crore in Q2 FY24.
Sebi Chair Madhabi Puri Buch’s meeting with Parliament committee postponed (24-10-2024)
Madhabi Puri Buch and three to four senior Sebi officials are likely to be questioned by Parliament’s Public Accounts Committee
HDFC Bank outperforms market, rallies 5% in 4 days post Q2 results (24-10-2024)
HDFC Bank share price today: In the two days, the stock of the largest private sector lender has gained 3 per cent on the NSE
Sona Comstar BLW – Direct EV Play (24-10-2024)
The new acquisition,Railway Equipments from Escorts – their customer is Indian Railways and their current EBITDA margin is around 20%. Given the customer is a government entity, will there be a scope for margin improvement by controlling cost? If not, it may bring down the overall consolidated margins of Sona BLW by a few percentage points from their current level of 27%