Shares of The Indian Hume Pipe Company Ltd. jumped 8% on Friday, July 3, after the company secured a ₹738.61 crore contract from the Public Health Engineering Department (PHED), Government of Rajasthan, for a rural water supply project under the Japan International Cooperation Agency (JICA)-funded Rajasthan Rural Water Supply & Fluorosis Mitigation Project Phase II….
Shares of Lodha Developers Ltd. rose over 3% on Friday, July 3, after brokerage firm CLSA identified the real estate developer as one of the technically attractive opportunities in the sector, citing a breakout from a prolonged consolidation pattern. The stock was trading 3.2% higher at ₹1,038.10 as of 1 PM, extending its weekly gains…
Shares of Bluspring Enterprises Ltd. jumped as much as 10% intraday on Friday before paring some of the gains to trade around 4% higher. The rally followed the company’s announcement that STEAG Energy Services (India) Pvt. Ltd., its wholly owned step-down subsidiary, has secured an operations and maintenance (O&M) contract for a captive power plant…
The transaction comes after reports that MacRitchie Investments, an investment holding company that operates as an indirect wholly-owned subsidiary of Singapore’s state investment firm Temasek Holdings, is planning to sell up to $200 million worth of shares in PB Fintech, according to a term sheet seen by Reuters on Thursday. Source link
Trading volumes in the Renewable Energy Certificate market witnessed a sharp decline. (Image: iStock/ ET Now Digital) Indian Energy Exchange reported a strong start to FY27, with electricity trading volumes rising 15.9 per cent year-on-year to 37.5 billion units during the June quarter, supported by higher power demand across the country amid heatwave conditions and…
US President Donald Trump said that he thinks SpaceX founder Elon Musk might donate the company’s stocks to the Trump accounts initiative for children in an interview with CNBC on Thursday, July 2. “Well, I think that he will do that,” said Trump when asked about the possibility of Musk donating. Addressing donations from other…
Shares of GE Vernova T&D Ltd., CG Power Ltd., and Hitachi Energy India Ltd., are down up to 9% on Friday, July 3, after a Ministry of Finance memo, dated June 24, sourced by brokerage firm IIFL, says that a two-year exemption has been granted to four Chinese companies for participating in tenders issued by…
Shares of Bajaj Housing Finance Ltd. gained over 6% on Friday, July 3, after the company reported a strong business update for the June quarter and received a brokerage upgrade from JPMorgan. The stock opened with a gap-up at ₹91 and climbed to an intraday high of ₹94 on the National Stock Exchange (NSE). JPMorgan…
Shares of state-run Union Bank of India Ltd. are down 7% on Friday, July 3, in reaction to their June quarter business updates that were released after market hours on Thursday evening. This is the biggest single-day fall for Union Bank of India’s shares in the last three months. The stock has now declined in…
The strong response enabled Adani Enterprises to revise the fundraising size upwar. (Image: ET Now Digital) Adani Enterprises Ltd.’s share price came under pressure on Friday, falling 2.2 per cent to hit an intraday low of Rs 3,177.50. The stock came under pressure despite the company increasing the size of its qualified institutional placement to…
