News Overview

The structure of the offer ensures that 10% of the total offer is reserved for retail investors, while 25% is earmarked for mutual funds and insurance companies.

Bharat Electronics Ltd's order book as on April 1, 2025 was at ₹71,650 crore, providing a robust visibility of execution for the company for the next few quarters.

As of the March 2025 shareholding pattern, the promoter group holds a 68.85% stake in Aditya Birla Fashion and Retail Ltd.

This new centre will house a skilled and scalable engineering team that will work hand-in-hand with Tennant on designing new products, managing the product life cycle, and strengthening core business functions.

Defence stocks witnessed a rally despite a dim market sentiment, adding over 1% in Nifty India Defence index. This marks a third straight session of gains.

The quarterly EBITDA of the company has reached ₹1,791 crore, with a 12.5% year-on-year growth due to stable operating activities and maintained cost efficiency.

Gland Pharma also established that its version is bioequivalent and therapeutically equivalent to the reference listed drug.

The Day-Ahead Contingency and Term-Ahead Market (TAM), posted a volume of 1,684 MU, higher by 38% against 1,221 MU in May 2024.

Last week, the company secured another contract worth ₹140 Crore for making multi-purpose wagons.

Wipro also stated that it will provide Gen-AI powered products to restructure self-service, resulting in better user experiences.