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On Tuesday, Caplin Point Laboratories Ltd shares rose over 11% after the company reported robust results for the June quarter. The company’s net sales increased by 14.14% to Rs 395.32 crore in Q1FY24 as compared to Rs 346.33 crore in the same quarter the previous year. PBIDT, excluding other income, increased by 23.83% to Rs …

The benchmark index S&P BSE 500 opened today at 27,082.07 and made its day high at 27,137.43 and it is trading almost flat, down by around 0.04%                          From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 8% today. …

The benchmark index S&P BSE 500 opened today at 26,907.48 and made its day high at 27,026.59 and it is trading in green, up by more than 0.42%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 7% today. Shares of Hindustan Copper …

The Indian benchmark indices started the session lower, but robust gains in the utilities and power sectors helped indices rise higher. BSE Power and BSE Utilities both surged around 1.8%, led by Adani Power and Orient Green Power Company, respectively.  Following the announcement of the company’s quarterly results, shares of NTPC Ltd received significant buying …

Welspun Enterprises has received approval for the acquisition of a 50.10% stake in Michigan Engineers. The Board of Directors of the company at its meeting held July 27, 2023, has approved the same. The company signed a Share Purchase Agreement (SPA) on July 27, 2023, with Authum Investment & Infrastructure, Sansaar Housing Finance and Michigan, …

The Sensex and Nifty concluded the session with gains, rising by 0.53% and 0.5% respectively. Nifty Midcap recorded a 0.44% increase, while Nifty Smallcap showed a 0.17% rise.  Among the top gainers were Nifty Realty, Nifty PSU Bank, and Nifty FMCG, while Nifty Auto and Nifty Financial Services ended the day unchanged. L&T, ITC, and …

Reliance Industries (RIL) has entered into an agreement to invest alongside Brookfield Infrastructure and Digital Realty in their Indian SPVs set up for developing data centres in India. RIL will hold a 33.33% stake in each of the Indian SPVs and become an equal partner. Digital Realty Trust, Inc. (Digital Realty) is the largest provider …

Adani Group acquires the stocks of the Swiss cement major Holcim’s Indian operating units in ACC and Ambuja Cements. According to the latest news available, Adani Group has pledged Rs 81,361 crores in a non-disposal undertaking. The elder son of Gautam Adani, Karan Adani, has been appointed as the chairman and non-executive director at ACC. …

Jubilant Pharmova Ltd is engaged in providing basic organic chemicals. It operates through the following segments: Pharmaceuticals, Contract Research & Development Services, and Proprietary Novel Drugs. The Pharmaceuticals segment focuses on maintaining and establishing market positions in the business. The Contract Research & Development Services segment is involved in contract manufacturing of sterile injectable and …

Today, LTIMindtree announced its quarterly results for the first quarter of FY24. In Q1 FY24, LTIMindtree witnessed a significant surge in revenue from operations, with a year-on-year increase of 13.84%, from Rs 7,644 crore to Rs 8,702 crore. However, the company’s other income declined from Rs 117.6 crore to Rs 131.6 crore. On a sequential …