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Upper Circuit Stocks Today – 25 July, 2024

25 July 2024

On Thursday, the benchmark indices were trading in the red with the Sensex down around 425 points or 0.53% at 79,234, while the Nifty-50 was down around 120 points or 0.50% at 24,293. About 1,216 shares have advanced; 1,702 declined and 86 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

Market Movers: Here Are Today’s High-Volume Buzzers!

25 July 2024

Benchmark indices traded significantly lower today, reflecting the deterioration in overnight US market trades and weak sentiments across major Asian markets. Financial services, banking, metals, and IT stocks were the most affected. At 10:00 am, the BSE Sensex slumped 0.60% reaching a level of 79,671. The Nifty 50 index tumbled 0.56% to the 24,277 level. …

Apeejay Surrendra Park Hotels’ Flurys Opens First Mumbai Tearoom

25 July 2024

On July 24, 2024, Flurys, the famous bakery brand from Apeejay Surrendra Park Hotels, opened its first tearoom in Mumbai, close to the Gateway of India. The new tearoom will offer popular dishes like the Flurys full English Breakfast, Egg Benedict, and signature sandwiches, as well as Rum Balls, Heritage Coupes, Sundaes, Chocolate & Strawberry …

Tata Power’s Microgrid Division Partners with NDDB to Solarise Milk Value Chain

25 July 2024

Tata Power Company has announced that its wholly owned subsidiary, TP Renewable Microgrid Limited (TPRMG), a leading solar microgrid company in India, has signed a Memorandum of Understanding (MoU) with the National Dairy Development Board (NDDB). NDDB is renowned for its transformative impact on India’s rural economy through its cooperative dairy model. This collaboration aims …

Tata Elxsi Partners with Wind River to Boost DevSecOps for Software-Defined Vehicles

25 July 2024

Tata Elxsi has announced to the stock exchanges that it will use Wind River®’s Studio Developer to enhance its DevSecOps processes. This partnership aims to optimise Tata Elxsi’s development workflows and bolster its capabilities in creating software-defined vehicles (SDVs). Wind River Studio Developer is an edge-to-cloud DevSecOps platform designed to expedite the development, deployment, and …

Transindia Real Estate Acquires Full Stake in AGL Warehousing

25 July 2024

On July 24, 2024, Transindia Real Estate Limited announced that it had acquired a 6.62% stake in AGL Warehousing Private Limited from Contech Solutions Private Limited. As a result, AGL Warehousing has become a wholly-owned subsidiary of Transindia Real Estate Limited. Objective of Acquisition Transindia Real Estate Limited already holds a 93.38% stake in AGL …

GE Power India Bags Rs 1.75 Crore Order from Gujarat State Electricity Corporation

25 July 2024

About Order GE Power India Limited has announced that it has received a Letter of Intent (LoI) from Gujarat State Electricity Corporation Limited (GSECL) for inspection works on a turbine-generator at the GSECL Wanakbori Thermal Power Station (TPS). The order, valued at Rs 1.75 crore (excluding GST), is a testament to GE Power India’s expertise …

Insolation Energy Reports 181.86% Volume Growth in Q1 FY 2025

25 July 2024

On July 25, 2024, Insolation Energy Ltd (INA) announced its performance for the quarter ended June 30, 2024, in a stock exchange filing. The company has delivered a remarkable performance for the quarter ending June 30, 2024, showcasing an impressive 181.86% year-on-year volume growth on a consolidated basis. The company’s revenues for Q1 of FY …

Government Cuts Off ₹30,000 Crore Capital Support for Profitable Oil PSUs

25 July 2024

The Indian government has abruptly halted its planned ₹30,000 crore equity infusion into state-owned oil giants Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL), and Hindustan Petroleum Corporation (HPCL). This reversal comes on the heels of a record-breaking fiscal year for these companies, which collectively amassed a staggering ₹81,000 crore in profits. Initially proposed in …

Linde India Faces SEBI Directive Over Related-Party Transactions

25 July 2024

Linde India, formerly known as BOC India, operates in the industrial, medical, and special gases sector. The company underwent a name change following its acquisition by Germany-based Linde AG in 2006, the global merger between Linde AG and Praxair Inc. in 2018 led to the formation of Linde Plc, with Linde India and Praxair India …