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Reliance Consumer Products Acquires Velvette To Strengthen Personal Care Segment

Reliance Consumer Products Acquires Velvette To Strengthen Personal Care Segment

17 February 2025

Reliance Consumer Products Ltd, the fast-moving consumer goods (FMCG) division of Reliance Retail Ventures Ltd, has acquired Tamil Nadu-based personal care brand Velvette for an undisclosed sum. This acquisition aligns with Reliance’s strategy of reviving Indian heritage brands and expanding its presence in the personal care industry. Revival of Velvette Brand Reliance Consumer Products plans …

BHEL Secures ₹6,700 Crore Contract for 800 MW Thermal Power Project in Telangana

BHEL Secures ₹6,700 Crore Contract for 800 MW Thermal Power Project in Telangana

17 February 2025

Bharat Heavy Electricals Limited (BHEL) has received a contract worth ₹6,700 crore from Singareni Collieries Company Limited (SCCL) for establishing an 800 MW thermal power unit in Telangana. This development strengthens BHEL’s position in India’s power sector and aligns with the state’s growing energy demands. BHEL’s Role in Power Infrastructure BHEL, a leading engineering and …

Welspun Corp Secures ~₹3,000 Crore Pipeline Order from the USA

Welspun Corp Secures ~₹3,000 Crore Pipeline Order from the USA

17 February 2025

Welspun Corp has received new orders worth ~₹3,000 crore from the USA for the supply of Helical Submerged Arc Welded (HSAW) pipes and High-Frequency Induction Welded (HFIW) pipes. These pipes are meant for natural gas pipeline projects, and the execution is planned for FY26 and FY27. Order Book With the addition of these new contracts, …

MTNL Share Price Rises 2.43%; Reports Increase in Total Income for Q3 FY25

MTNL Share Price Rises 2.43%; Reports Increase in Total Income for Q3 FY25

17 February 2025

Mahanagar Telephone Nigam Limited (MTNL) announced their financial results for the quarter ended December 31, 2024. On February 17, 2025, MTNL share price opened at ₹46.00, almost the same as its previous close of ₹46.84. At 10:31 AM, the share price of MTNL was trading at ₹47.98, up by 2.43% on the NSE. Q3 FY 2025 Financial …

Alembic Pharmaceuticals Receives USFDA EIR for Jarod Facility

Alembic Pharmaceuticals Receives USFDA EIR for Jarod Facility

17 February 2025

Alembic Pharmaceuticals Ltd has received an Establishment Inspection Report (EIR) from the US Food and Drug Administration (USFDA) for its solid oral formulation facility (F-4) at Jarod, Vadodara.  The inspection was conducted between November 14-22, 2024, and the facility has been classified under “Voluntary Action Indicated” (VAI). What Does It Mean? A VAI classification indicates …

Ujjivan Small Finance Bank Share Price Dips 3.86% Amid ₹6.7 Lakh RBI Penalty

Ujjivan Small Finance Bank Share Price Dips 3.86% Amid ₹6.7 Lakh RBI Penalty

17 February 2025

Ujjivan Small Finance Bank has been gaining attention on Monday. On February 17, 2025, Ujjivan Small Finance Bank share price (NSE: UJJIVANSFB) opened at ₹33.19, almost the same as its previous close of ₹33.41. At 11:43 AM, the share price of Ujjivan Small Finance Bank was trading at ₹32.12, up by 3.86% on the NSE. Notably, the …

Deepak Nitrite Share Price Hits 52-Week Low Following Q3 FY25 Results

Deepak Nitrite Share Price Hits 52-Week Low Following Q3 FY25 Results

17 February 2025

Deepak Nitrite Limited has been in focus on Monday. On February 17, 2025, Deepak Nitrite share price (NSE: DEEPAKNTR) opened at ₹1,886.00, down from its previous close of ₹1,900.50. At 11:28 AM, the share price of Deepak Nitrite was trading at ₹1,918.60, up by 0.95% on the NSE. Notably, the stock price touched its 52-week low today …

Mid-Day Top Gainers and Losers on Feb 17, 2025: Bajaj Finserv Leads Gainers, BEL Among Top Losers

Mid-Day Top Gainers and Losers on Feb 17, 2025: Bajaj Finserv Leads Gainers, BEL Among Top Losers

17 February 2025

On February 17, 2025, as of 12:20 PM, the Sensex had declined 238.50 to 75,697.87, while the Nifty50 was down 86.20 points at 22,843.05. Mid-Day Top Gainers Symbol LTP % Change Volume BAJAJFINSV 1,877.05 0.0194 18,13,355 INDUSINDBK 1041 0.0162 14,88,544 ADANIENT 2,176.4 0.011 7,99,412 POWERGRID 260.15 0.0109 48,47,281 SHRIRAMFIN 544.35 0.0096 25,72,433 Bajaj Finserv Bajaj …

Zen Technologies Share Price Drops 20%; Posts 44% YoY Growth in Q3 FY25 Revenue

Zen Technologies Share Price Drops 20%; Posts 44% YoY Growth in Q3 FY25 Revenue

17 February 2025

Zen Technologies Limited has been in focus on Monday, after the company announced its financial results for Q3 and 9M FY 2025. On February 17, 2025, Zen Technologies share price opened at ₹1,206.00, down from its previous close of ₹1,350.00. At 11:07 AM, the share price of Zen Technologies was trading at ₹1,080.00, down by 20.00% on …

Glenmark Share Price in Focus; Reports 35.1% YoY Revenue Growth in Q3 FY25

Glenmark Share Price in Focus; Reports 35.1% YoY Revenue Growth in Q3 FY25

17 February 2025

Glenmark Pharmaceuticals Limited announced its financial results for the third quarter ended December 31 2024. On February 17, 2025, Glenmark share price opened at ₹1,320.00, down from its previous close of ₹1,323.05. At 9:55 AM, the share price of Glenmark was trading at ₹1,333.00, up by 0.75% on the NSE. Q3 FY 2025 Financial Highlights Glenmark …

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