Piramal Enterprises Ltd. (PEL) is planning to raise ₹450 crore by issuing non-convertible debentures (NCDs) on a private placement basis. The company’s board approved the proposal on February 13, 2025, according to an exchange filing. Breakdown of the NCD Issuance The issuance includes a base size of ₹75 crore, with a green shoe option to …
Global defence company Saab has signed a Memorandum of Understanding (MoU) with Hindustan Aeronautics Limited (HAL) to collaborate on the Electronic Warfare Laser Warning System-310 (LWS-310). This agreement strengthens the long-standing partnership between Saab’s South African division and HAL, which began in 2005 during the Advanced Light Helicopter program. Technology Transfer to India As part …
Manappuram Finance reported a standalone net profit of ₹453.4 crore in Q3FY25, a 5.8% increase from ₹428.6 crore in the same quarter last year. The company declared an interim dividend of ₹1 per share (face value of ₹2) and set February 21, 2025, as the record date to determine eligible shareholders. Net Interest Income (NII) …
Laxmi Dental Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2024. On February 14, 2025, Laxmi Dental share price opened at ₹426.00, up from its previous close of ₹419.90. At 10:15 AM, the share price of Laxmi Dental was trading at ₹410.70, down by 2.19% on the NSE. Notably, the …
On February 14, 2025, Paytm shares are on investors’ radar after Paytm Money, the financial technology division of One97 Communications (Paytm), settled a case with the Securities and Exchange Board of India (SEBI) by paying a sum of ₹45.50 lakh. The case originated from alleged breaches of SEBI’s technical glitch guidelines, which were outlined in a circular …
A miniratna and largest manganese ore producer in the country, MOIL Ltd has set Feb 15, 2025, as the record date for its interim dividend for FY25. On February 12, 2025, MOIL declared an interim dividend of ₹4.02 which will be paid within the statutory timeline. MOIL Record Date: What This Mean For Shareholders? As …
Concord Biotech’s Q3 FY25 net profit drops by 2% to ₹75.92 crore, while revenue from operations increases by 1.4%. The company’s EBITDA falls 8%, leading to a 15.02%, the company said in a press release on the stock exchanges. Concord Biotech’s Q3 FY25 Financial Highlights The profit stood at ₹75.92 crore in Q3 FY25, down …
KNR Constructions share price traded at ₹247.85 as of 1:16 PM IST on February 14, down 4.86% (-₹12.65) for the day. The stock opened at ₹260.45, reached a high of ₹264.05, and a low of ₹246.55. The company’s market capitalisation stands at ₹6,970 crore, with a P/E ratio of 6.30 and a dividend yield of …
Oil and Natural Gas Corporation Limited (ONGC) has been in focus on Friday. On February 14, 2025, ONGC share price opened at ₹235.00, almost the same as its previous close of ₹234.95. At 10:26 AM, the share price of ONGC was trading at ₹233.30, down by 0.70% on the NSE. ONGC at India Energy Week 2025 Meanwhile, …
Pharma stocks saw a sharp decline on Friday, with the Nifty Pharma index falling 3% on the NSE after US President Donald Trump announced new reciprocal tariffs for trade partners. Shares of Natco Pharma, Laurus Labs, Lupin, Glenmark Pharma, Granules India, Aurobindo Pharma, and Mankind Pharma dropped 4-10% in intraday trade. At 11:26 AM, the …
