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NCC Shares Hit 10% Lower Circuit After Release of Q3FY25 Results

NCC Shares Hit 10% Lower Circuit After Release of Q3FY25 Results

7 February 2025

On February 7, 2025, NCC share price hit a 10% lower circuit at 213.75 after opening at 221.55. The fall in NCC share price follows the release of Q3FY25 earnings, wherein, it reported a 12.5% year-on-year (YoY) decline in net profit at ₹193.2 crore. NCC Q3FY25 Performance The company’s revenue from operations grew by 1.6%, reaching ₹5,344.5 …

Allied Digital Secured MSETCL Project for Network Modernisation

Allied Digital Secured MSETCL Project for Network Modernisation

7 February 2025

Allied Digital Services Limited has been awarded a project by Maharashtra State Electricity Transmission Company Limited (MSETCL) to upgrade its network infrastructure using Software-Defined Wide Area Network (SD-WAN)technology. Project Details  The project involves the supply, installation, configuration, and commissioning of an advanced SD-WAN solution across MSETCL’s offices in Maharashtra. Allied Digital will also deploy cloud …

Petronet LNG and Deepak Phenolics Sign a Long-Term Supply Agreement

Petronet LNG and Deepak Phenolics Sign a Long-Term Supply Agreement

7 February 2025

Petronet LNG Limited has entered into a definitive sale and purchase agreement with Deepak Phenolics Limited to supply propylene and hydrogen for the next 15 years. This agreement, approved by PLL’s Board on 27th January 2025 and signed on 6th February 2025, marks a strategic milestone in the Indian petrochemical industry. The long-term contract ensures …

GAIL India Shares to Trade Ex-Date on February 07: Interim Dividend of ₹6.50

GAIL India Shares to Trade Ex-Date on February 07: Interim Dividend of ₹6.50

7 February 2025

On February 07, 2025, GAIL shares to trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for the ₹6.50 interim dividend. GAIL Dividend History Ex-Date Dividend Type Dividend Amount (₹) Feb 06, 2024 Interim 5.50 Mar 21, 2023 Interim 4.00 Aug  01, 2022 Final 1.00 GAIL Q3FY25 Earnings Highlights GAIL …

CAMS Shares to Trade Ex-Date on February 07: Interim Dividend of ₹17.50

CAMS Shares to Trade Ex-Date on February 07: Interim Dividend of ₹17.50

7 February 2025

On February 07, 2025, CAMS shares to trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for the ₹17.50 interim dividend. CAMS Dividend History Ex-Date Dividend Type Dividend Amount (₹) Nov 08, 2024 Interim 14.50 Nov 08, 2024 Special 10.50 Aug 12, 2024 Interim 11.00 CAMS Management Take on Q3FY25 …

Mahindra Logistics & Asian Paints Partner for Integrated Transportation Solutions

Mahindra Logistics & Asian Paints Partner for Integrated Transportation Solutions

7 February 2025

Mahindra Logistics Limited, a leading integrated logistics solutions provider, has announced a strategic partnership with Asian Paints to optimise transportation solutions. This collaboration aims to improve supply chain efficiency by integrating Mahindra Logistics’ Pro-Trucking services with Asian Paints’ distribution network. Pro-Trucking: Enhancing Logistics Efficiency Mahindra Logistics has introduced “Pro-Trucking,” a premium, fuel-efficient fleet designed for …

Aurobindo Pharma’s 80% Acquisition of Tergene Biotech

Aurobindo Pharma’s 80% Acquisition of Tergene Biotech

7 February 2025

Aurobindo Pharma has decided to take full control of Tergene Biotech by acquiring the remaining shares from its subsidiary, Auro Vaccines. This step will simplify the company’s structure, enhance management efficiency and support its expansion in the biotech and pharmaceutical industry. Overview of the Acquisition Aurobindo Pharma has approved the acquisition of the remaining 80% …

New Delhi Railway Station Revamp: RLDA Awards Contract to HG Infra JV

New Delhi Railway Station Revamp: RLDA Awards Contract to HG Infra JV

7 February 2025

The Rail Land Development Authority (RLDA) has selected HG Infra Engineering and DEC Infrastructure Private Limited as the lowest bidder (L1) for the redevelopment of the New Delhi Railway Station. The contract has been awarded at ₹2,195.68 crore, lower than RLDA’s estimated cost of ₹2,469 crore. The project is expected to be completed within 45 …

Vakrangee Partners with Tata AIG to Offer General Insurance Products

Vakrangee Partners with Tata AIG to Offer General Insurance Products

7 February 2025

Vakrangee Limited has announced a corporate agency partnership with Tata AIG General Insurance Company Limited. This agreement will allow Vakrangee to offer Tata AIG’s general insurance products, including health, motor, travel, and other insurance plans, through its network of Vakrangee Kendras.  The partnership is focused on expanding access to insurance services, especially in areas where …

Max India to Invest ₹219 Crore in Subsidiaries

Max India to Invest ₹219 Crore in Subsidiaries

7 February 2025

Max India has approved an investment of up to ₹219 crore in its wholly owned subsidiaries, Antara Senior Living Limited and Antara Assisted Care Services Limited, for the financial year 2025-26. The funds will be infused through a rights issue or inter-corporate deposits (ICDs) in multiple phases, depending on the subsidiaries’ requirements. As of February …

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