This contract involves the supply of traction motors to the European market, with an initial order worth ₹18 Crore, scheduled for delivery in April 2025.
The net proceeds from the fresh issue, amounting to ₹625 crore, will be used to strengthen the capital base and improve solvency levels, along with other corporate purposes.
City Union Bank’s Gross Non-performing Asset, the NPA fell to 3.54% in Q2 FY 25.
The yen, euro, and sterling have been under pressure due to the strength of the dollar, which has been reinforced by rising Treasury yields.
On October 21, the indices closed on a weak note, with Nifty falls below 24,800.
The benchmark 10-year Treasury yields spiked to a 12-week high, placing pressure on zero-yield bullion
Here are the stocks that may see significant price movement today.
All sectoral indices except for auto ended in negative territory
December delivery of Brent crude futures was down 26 cents, or 0.3%, at $74.03 per barrel.
The Hyundai Motor India IPO is an offer for sale, meaning Hyundai Motor Company will be the sole recipient of the funds raised.
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