Coforge reported a profit after tax of Rs 233.6 crore for Q2 2024, marking a 24.3% YoY increase. Revenue grew by 33% YoY. The company also announced an interim dividend of Rs 19 per share. Shares have risen by 35.9% over the past year. Coforge’s CEO expressed confidence in sustained growth.
NMDC announces prices of iron ore (23-10-2024)
With effect from 23 October 2024
India’s growth to withstand global inflation pressure: Santosh Rao (23-10-2024)
The headline is that tariffs are bad, they do not work, they are inflationary, and we do not need that at this point. But right now, this is election season, everybody is throwing out everything out there to get their vote, so it is a very close election.
Coforge consolidated net profit rises 11.71% in the September 2024 quarter (23-10-2024)
Sales rise 34.54% to Rs 3062.30 crore
JSW Energy signs PPA for 700 MW solar project (23-10-2024)
JSW Renew Energy Eleven, a step-down subsidiary of JSW Energy, has signed Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI), for ISTS connected 700 MW solar capacity awarded under SECI Tranche XIII. The PPA is signed for supply of power for a period of 25 years with a tariff of Rs 2.56/kWh. The aforesaid project is expected to be commissioned within 24 months.
Yuan falls to two-month low on tariff risks (23-10-2024)
The yuan dropped to a nearly two-month low on Wednesday. This was due to falling yields in China, rising yields in the U.S., and concerns over potential tariffs if Donald Trump becomes president. The currency fell about 0.1% to 7.1341 per dollar. Analysts predict further weakening if Trump wins the U.S. presidency and Congress.
RITES shares in focus after securing Rs 454 crore turnkey contract in Karnataka (23-10-2024)
Shares of RITES are in the spotlight on Wednesday following the company’s announcement that its previously awarded project management consultancy (PMC) contract from the Karnataka Mining Environment Restoration Corporation (KMERC) has been converted into a turnkey contract.
Waaree Energies IPO: Closes today; subscribed 8.81 times (23-10-2024)
NIIs make aggressive bidding, retail investors show keen interest
These 3 F&O stocks saw a high increase in futures open interest (23-10-2024)
A significant uptick in futures open interest signifies substantial growth in the number of active, unexpired futures contracts for a specific security.