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As per the scheme, the effective date for the merger has been set as April 1, 2025, pending final approvals. Once completed, the two companies will operate as a single, streamlined entity.

Net profit for the quarter came in at ₹3,003 crore and marked a 47% jump year-on-year. On the operational side, EBITDA grew by 32%, rising to ₹4,820 crore.

The bank’s net interest income also grew, climbing 13% year-on-year to reach ₹3,123 crore.

At close, the Sensex was up 123.42 points and ended at 82,515.14. Meanwhile, the Nifty was up 37.15 points to close at 25,141.40.

As per the reports, this is the highest-ever bonus declared by the company on its participating policies.

The deal, based on an operating expenditure (opex) model, involves deploying an MPLS VPN network,  a move that’ll enable SECL to stream and store CCTV footage from its mining sites in real time.

The order, which involves supplying 599 MW of solar modules, came from a major player in the American utility-scale solar and energy storage space.

These ships are being developed specifically for research and exploration along India’s maritime borders.

For Zydus, this clean report adds a layer of credibility to its US compliance track record especially since the Ankleshwar facility is a key site for its API exports.

Here are some of the stocks that may see significant price movement today: Hindustan Copper, Maruti Suzuki, Zydus Lifesciences, etc.