PNC Infratech jumped 13.04% to Rs 277.05 after the company was declared as the L-1 (lowest) bidder for three hybrid annuity modelled national highway projects of NHAI for an aggregate bid project cost of Rs 4,384 crore.
ONGC, Hero MotoCorp, NTPC, L&T and JSW Steel are among the top losers on the Nifty while Kotak Bank, Titan, IndusInd Bank, Tata Consumer, Bharti Airtel are top gainers.
The market reversed intraday gains and ended with modest losses on Wednesday, extending losses for the sixth day in a row. The Nifty ended a tad above the 17,000 mark after hitting the days high of 17,220.70 in early trade. Autos and financial shares declined while realty, consumer durables and metal shares advanced. As per the provisional closing data, the S&P BSE Sensex, fell 68.62 […]
CRISIL has assigned ‘CRISIL BBB’ ratings to the company’s long-term facilities.
COMEX Copper moved up today as tight inventories on the exchanges clubbed with a stability in global risk appetite supported the metal. European equities saw good gains as investors focused on updates surrounding the situation in Ukraine amid receding fears of a full-fledged war. Major indices in Germany and France soared around 1.5% each and US dollar index pulled back under 96 mark. COMEX Copper […]
PNC Infratech has been declared the L1 (lowest) bidder in the following three (3) new Hybrid Annuity Modelled National Highway Projects of NHAI for an aggregate Bid Project Cost of Rs. 4384.0 crore. 1. Construction of Six lane upgradable to Eight lane of Package I of Kanpur-Lucknow Expressway in Uttar Pradesh on Hybrid Annuity Mode under Bharatmala Pariyojana (length: 17.15 km) 2. Construction of Six […]
Vikas Lifecare recently announced acquisition of 75% equity of Genesis which is engaged in the business of developing “Smart Productsâ€.
Lupin has onboarded Dr. Fabrice Egros as President, Corporate Development and Growth Markets. Dr. Egros takes over the Corporate Development role from Alan Butcher departing from the Company on 28 February 2022. Dr. Egros will lead the development and execution of the Companys inorganic growth strategy, including mergers and acquisitions, business development, in-licensing arrangements, and related matters. He will continue to lead business in LATAM […]
Housing Development Finance Corporation has allotted 3,73,855 equity shares under ESOS on 23 February 2022. Post the above allotment, the paid-up share capital of the Corporation is Rs. 362,37,71,930 consisting of 181,18,85,965 equity shares of Rs. 2 each. Powered by Capital Market – Live News

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