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In its filing with the bourses, the company reported that the current contract period of 36 months has been extended for an additional six months.

On the other hand, corporates transacting with a particular bank comes across as a sign of trust within the lender.

The Unit-II Baddi plant, which got the renewed certification, has state-of-art infrastructure and state-of-the-art manufacturing technology to cater to complex therapeutic segments in an efficient manner. 

According to IBEE, its electric vehicles will be run in large volumes under the contract in key Tier 2 and Tier 3 cities of Tamil Nadu

Revenue from operations fell 20.3% YoY to ₹1,360.9 crore from ₹1,708.2 crore in the corresponding quarter last year.

Consolidated revenue for the March quarter rose 18% YoY to ₹6,528 crore.

The company also posted a 123.07% jump in its capital expenditure (capex) utilisation at ₹8,647.33 Crore in FY2025.

The factory will be developed in two phases. In the first phase, the company will set up a production of 2,400 wagons per year.

The business said that it logged a 10.70% year-on-year decline in its consolidated net profit at ₹420.80 Crore for Q4FY25.

Bharat Elec, HDFC Life are the two stock to hit 52-week high in Nifty.