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Brent crude futures increased 24 cents, or 0.3%, to $77.16 a barrel. At $74.18, U.S. West Texas Intermediate crude futures increased 26 cents, or 0.4%.

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In FY23, the firm paid a total dividend of ₹115 per equity share, with a special dividend of ₹67 per share.

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Re-opening and expansion of Rakha Mine and development of new underground mine at Chapri shall be undertaken and commissioning of a modern concentrator plant would be done.

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The money will be used for debt reduction and capital expenditures across all of the closely owned companies.

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Tata Steel, Coal India and Hero Motocorp hits 52-week low in Nifty.

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Spot gold remained steady at $2,670.16 per ounce. This week, the price of gold has increased by almost 1%. At $2,694.50, gold futures increased by 0.1%.

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GTPL Hathway profits tanked 57% at ₹10.2 crore against ₹23.7 crore. However, its revenue was seen increasing by 4.3% to ₹887.3 crore from ₹850.9 crore.

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It secured financing of ₹1,988 crore from Power Finance Corporation (PFC) towards a 300 MW solar-wind hybrid renewable energy project in December 2024.

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The acquisition, which includes optionally redeemable convertible debentures and 100% equity shares, will help TCS expand its delivery centres.

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The profit after tax (PAT) increased by 10% sequentially from the Rs 387.75 crore recorded in Q2FY25.

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