Mahindra & Mahindra (M&M) share price experienced a decline of 4.84% on Monday, February 17, closing at ₹2,955 apiece. This drop came despite the company’s announcement on Friday that it had secured 30,179 bookings for its two new electric models—XEV 9e and BE 6. The booking figure translates to a total value of ₹8,472 crore at …
Cyient DLM has secured a long-term avionics manufacturing program from Thales, a global technology company. The announcement was made during Aero India 2025, talking about Cyient DLM’s role in aerospace and defence manufacturing. As of February 17, 12:55 PM, Cyient DLM Ltd is trading at ₹420.45, down ₹13.85 (3.19%) today, with a 29.78% decline over …
Shares of Zen Technologies Limited were locked in a 20% lower circuit at ₹1,080 on February 17, 2025, following the release of its Q3 financial results. While the company’s earnings reflected year-on-year growth, a sequential decline compared to the previous quarter contributed to investor concerns. Despite this short-term market reaction, Zen Technologies has made significant …
On February 17, 2025, BSE Sensex closed at 75,996.86 up by 0.08%, while Nifty50 rose by 0.13% to 22,959.50. Stocks like Zen Technologies and PTC Industries hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today. Stocks That Hit Lower Circuit on February 17, 2025 Company Symbol LTP (₹) % Change Price …
Nashik-based KBC Global Ltd, a construction and real estate development firm, has announced a 1:1 bonus equity share issue, granting one bonus share for every fully paid equity share. The proposal awaits shareholder approval and aligns with the company’s broader strategy to accelerate expansion and reduce debt. Additionally, the board has proposed renaming the company …
PCBL Chemical Ltd has taken a significant step in enhancing its speciality product offerings by signing a technology transfer agreement with China’s Ningxia Jinhua Chemical Co. This move enables PCBL to manufacture Acetylene Black in India, a high-end conductive material with critical applications in power cables, lithium-ion batteries, electric vehicle (EV) charging, semiconductor packaging, and …
Dilip Buildcon Ltd (DBL) saw its stock rise 4.40% to ₹410.10 at 11:27 AM, February 17, 2025, following a settlement with the National Highways Authority of India (NHAI). The company’s shares had been under pressure in the past month, down 3.26%, and have fallen 17.16% over the past year. Background of the Dispute The dispute was …
Arvind SmartSpaces Limited (ASL) has announced a new residential plotted development project in Ahmedabad with an estimated top-line potential of ₹600 crore. The project spans 150 acres and is located on Sanand-Nalsarovar Road. Project Details The project is situated 15 km from Sanand and 30 km from Nalsarovar Lake, a region known for the Nalsarovar …
Zydus Lifesciences Ltd has successfully completed a surveillance inspection by the US Food and Drug Administration (USFDA) at its active pharmaceutical ingredient (API) manufacturing facility in Ambernath, Maharashtra. Conducted from 10 to 14 February 2025, the inspection concluded with no observations, reaffirming the company’s commitment to regulatory compliance. USFDA Inspection and Operational Excellence The recent …
Uno Minda has announced the acquisition of the remaining 49.9% stake in its joint venture firm, UnoMinda EV Systems (UMEV), from partner FRIWO Geratebau GmbH for ₹195 crore. This move will increase Uno Minda’s ownership from 50.1% to 100%, strengthening its position in the Indian electric vehicle (EV) market. Complete Ownership and Technology Integration With …
