Defence PSU Garden Reach Shipbuilders and Engineers Limited (GRSE) signed a contract with the National Centre for Polar and Ocean Research (NCPOR) for constructing an ocean research vessel, an official said on Wednesday. The contract, worth approximately Rs 840 crore, was signed between GRSE and NCPOR officials for the construction of the vessel in 42 months, the shipyard informed the stock exchanges. The Kolkata-headquartered warship builder said it has the necessary expertise in the field of survey vessels and has been building them for the Indian Navy for nearly four decades now. The contract was signed by the officials of the shipyard and NCPOR in Goa on Tuesday, the GRSE official said in a statement. In December 2023, GRSE delivered the INS Sandhayak, the largest survey vessel to be built in the country, to the Indian Navy. Three more vessels of this class are at various stages of completion at the shipyard, he said, adding that this experience will stand GRSE in good stead wh
The Nifty-50 is expected to deliver 12% earnings growth in FY25 over a high base of FY24 (+26 per cent Y-o-Y), said Khemka.
The fall in the share price came after the company witnessed a mixed set of June quarter (Q1FY25) results
The uptick came after the company said it has launched a high rise tower, Wembely-24, which has Ground plus 60 floors. It stands as the tallest tower in Majiwada, Thane
The fall came after investors flocked to book profit after the stock rallied 58 per cent in the past one month
Analysts reckon Emami shall deliver a strong FY25, with near double-digit top-line growth and margin expansion
From a technical analysis perspective, the Daily RSI has reversed from 50 levels, further signalling a positive outlook for Bajaj Auto stock.
At 6:40 AM, GIFT Nifty futures traded steady at 24,620, indicating a subdued start for the markets.
GAIL has broken out of a resistance zone of Rs 233 - Rs 235. The breakout has been accompanied with above average volume.
Analysts anticipate robust double-digit revenue growth driven by ongoing volume recovery, particularly in rural areas.
The uptick in share price came after the company announced that it has been awarded a project by the Indian Army
The stock was off highs and was trading merely 0.59 per cent higher at Rs 4,982.55 per share, at 9:57 AM. In comparison, BSE Sensex was trading 0.15 per cent higher at 80,643.32 levels
At 6:47 AM, GIFT Nifty futures indicated a major uptick of 91 points at 24,613, suggesting a gap-up start for the bourses
Between March 2023 and June 2024, Hikal has been consolidating within the approximate range of Rs 260-320
During early June, the Triveni Engineering stock prices surged notably from Rs 300 to Rs 400. However, following this spike, prices entered a consolidation phase attributed to overbought conditions
Stock Market Highlights on Friday, July 12, 2024: TCS shares soared nearly 7 per cent today after it posted better-than-expected June quarter (Q1) results. Infosys, Tech M, and HCL Tech followed suit
The uptick in stock price came after the company announced the strategic expansion of its semiconductor business with the establishment of a fully owned subsidiary
The uptick in share price came after the company announced that its arm has launched a new residential project, Cobalt
The rise in the share price came after the company announced that it has secured an order for 5 years from Siemens Energy Global GmbH & Co. KG, Germany
The uptick in the stock price came after the company announced that it has secured an order worth Rs 316.83 crore on Thursday post-market hours