Jubilant Foodworks saw its share price rise 6%, ending a 5-session loss streak. The company reported an impressive 56% year-on-year increase in revenue for Q3 FY25, driving investor confidence. Jubilant Foodworks Q3 FY25 Financial Highlights Jubilant FoodWorks’ reported a 24.47% decline in consolidated net profit from continuing operations, which stood at ₹496.31 crore for Q3 …
Mahindra & Mahindra Financial Services Limited (MMFSL) has announced a rights issue to raise ₹3,000 crore. The decision, taken at a board meeting on 13th February 2025, aims to strengthen the company’s financial position and support future growth. This move aligns with its strategy of maintaining capital adequacy while expanding its asset base. Strategic Importance …
On February 13, 2025, the BSE Sensex closed at 76,138.97, marking a decline of 32.11 points or 0.04%. Similarly, the Nifty 50 ended the day at 23,031.40, down by 13.85 points, reflecting a decrease of 0.06%. The Nifty 50 opened at 23,055.75, reaching a high of 23,235.50 during the session, while the lowest point touched …
RailTel Corporation of India Ltd, a Navratna PSU, has recently secured multiple high-value contracts across various sectors, reinforcing its position as a key player in digital infrastructure and connectivity solutions. The company has been awarded contracts from the North Frontier Railway, Bihar Education Project Council, and the Airports Authority of India, among others. As a …
In a significant step towards renewable energy expansion, ONGC NTPC Green Private Limited (ONGPL) has entered into a Share Purchase Agreement (SPA) to acquire a 100% equity stake in Ayana Renewable Power Private Limited (Ayana). This landmark transaction, valued at ₹195 billion (USD 2.3 billion), was signed on February 12, 2025, with the National Investment …
India’s beauty and personal care industry is witnessing a rapid transformation, fuelled by e-commerce expansion, global brand interest, and the growth of domestic players. The country has emerged as the fastest-growing online beauty market, with e-commerce and quick commerce sales increasing by 39% in value between June and November 2024 compared to the previous year. …
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has entered into a strategic collaboration with Oil and Natural Gas Corporation Limited (ONGC) to explore opportunities in the Battery Energy Storage System (BESS) sector. The non-binding Memorandum of Understanding (MoU) was signed at India Energy Week 2025, signifying a major step towards integrating …
Mumbai-based Cupid Limited, a leading manufacturer of male and female condoms, has secured a significant order worth ₹13.90 crore for its female condoms from Brazil, South Africa, and Angola. This development has positively impacted the company’s share price, which gained 3% following the announcement as of 11:38 AM on February 13, 2025. The order is …
Premier Explosives Limited (PEL) has received an international export order worth ₹20.36 crore for the design and development of rocket motors. The contract, awarded by an international client, is set to be executed over the next 2 years. Key Details of the Order Nature of the contract: Design and development of rocket motors Client: International …
RITES Limited, a premier transport infrastructure consultancy organisation, has partnered with the Centre for Development of Advanced Computing (C-DAC) to enhance IT solutions in consultancy assignments. This collaboration, formalised through a Memorandum of Understanding (MoU), aims to integrate advanced digital technologies into consultancy services. The share price of RITES was trading in the green as …
