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Lakshmi Machine Works rose 1.94% to Rs 12486.75 after the company reported 139.6% jump in consolidated net profit to Rs 104.30 crore in Q2 FY23 from Rs 43.53 crore in Q2 FY22.

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The current market cap of the company is Rs7,760.83 crore.

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The company expects the supplies to be completed by 2030.

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These instruments carry an interest rate of 12% p.a.

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The domestic equity benchmarks traded with modest gains in the morning trade. The Nifty traded above the 17,600 level. Bank, financial services and consumer durables shares advanced while media, IT and metal stocks declined. At 10:30 IST, the barometer index, the S&P BSE Sensex, was up 256.59 points or 0.43% to 59,459.49. The Nifty 50 index gained 75.05 points or 0.43% to 17,639. In the […]

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Business Wire India Cyril Amarchand Mangaldas acted as the legal counsel to Trust Investment Advisors Private Limited, acting as an investor and arranger with respect to issuance of listed, secured, rated, redeemable, taxable, non-convertible bonds by Uttar Pradesh Power Corporation Limited (UPPCL), a company wholly owned by the Government of Uttar Pradesh, with a green-shoe option for an aggregate issue size of INR 3,488 crore. […]

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Welspun India Ltd recorded volume of 2.95 lakh shares by 10:46 IST on BSE, a 4.42 times surge over two-week average daily volume of 66781 shares

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