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For the week, both the Sensex and Nifty have recorded a decrease of approximately 2%, following a 2% increase each and reaching all-time highs in the previous week.
Unmanned aerial vehicle (UAV) systems used for security and surveillance are the primary products and services that the company manufactures and markets.
The IT sector suffered the most, dropping about 1%, with major companies like HCL Tech and Tata Consultancy Services being the top losers
The company will be valued at Rs 5,500 crore if TCPL purchases 65-70% of it from its three investors, with a plan for acquiring the remaining 30% over time.
In revenues, LTTS has crossed USD1bn and aspires to reach USD1.5bn revenue run rate by FY25.
Asian equities are trading under pressure tracking Wall Street’s lead on Thursday.
The only gainers on the Nifty were Power Grid Corporation, Coal India, ONGC, Sun Pharma, and Asian Paints.
While CMS grew overall revenue at 21% Cagr over FY21-23, services revenue Cagr was higher at 27.5%.
Akash Ambani, Chairman of Reliance Jio, emphasizes the goal of expanding access to high-quality digital services to every household
Nifty Midcap 50 stocks closed 0.35% lower. Nifty Bank ended with a decline of 0.54%.