investing Torrent Power shares surge 8% on winning ₹3,650 cr solar project The company says that the project will be commissioned within 24 months from the power purchase agreement (PPA). By fortuneindia.com
investing HAL shares up 3% on bagging fresh order from defence ministry The PSU has signed a deal worth ₹2,890 crore with the defence ministry for mid life upgrade of Indian Navy’s 25 Domier aircraft. By Chitranjan Kumar
investing RailTel shares surge 22% in 3 sessions; here’s why The PSU stock has risen nearly 300% from its 52-week low of ₹96.20 hit on March 28, 2023. By Chitranjan Kumar
investing Oil stocks tank up to 8% after cut in petrol, diesel prices; HPCL, BPCL, IOCL, GAIL, ONGC lead fall OMCs have slashed petrol and diesel prices across the country by ₹2 per litre for the first time in two years since April 2022. By Chitranjan Kumar
investing Paytm shares rise 5% on getting approval to become a third-party UPI app Paytm shares have tumbled 51% from ₹761 at the close of trade on January 31, 2023, after the RBI action against PPBL. By Chitranjan Kumar
investing Transrail Lighting, Manba Finance file DRHP with SEBI to raise fund via IPO The IPO of Transrail Lighting is a combination of fresh equities and OFS components, while Manba Finance looks to raise capital entirely via fresh equity shares. By Chitranjan Kumar
investing SpiceJet shares surge 8% on finalising lease for 10 aircrafts According to Ajay Singh-led airline, SpiceJet is committed to providing seamless connectivity and enhanced services to its passengers during peak travel seasons. By fortuneindia.com
investing Federal Bank, South Indian Bank shares plunge up to 5% on RBI action Federal Bank informed exchanges that it is in the process of rectifying areas that are deficient and will seek regulatory clearance prior to the resumption of new issuance. By fortuneindia.com
investing Gopal Snacks IPO makes weak debut, shares list at 12.5% discount Post listing, Gopal Snacks shares fell as much as 14.7% to touch a low of ₹341.8 on the NSE, while the market capitalisation declined to ₹4,750 crore. By Chitranjan Kumar
investing Reliance to acquire Paramount's 13% stake in Viacom18 for ₹4,286 cr; stock gains 1% Post the completion of this transaction, TV18 Broadcast’s equity stake in Viacom18 will increase to 70.49%. By Chitranjan Kumar