News Overview

The company announced in an exchange filing that it has obtained a letter of intent (LOI) for a new contract worth ₹1,200 Crore in Gujarat.

Zomato, Mariuti Suzuki, HUL, Nestle, Asian paints, Tata Motors, Power Grid Corp, HCL Tech, Infosys, TCS are the top losers in Sensex. 

L&T received the order for the first batch of 100 K9 Vajra-T platforms in 2017 after a global competitive bidding process and successful field evaluation.

Charanjit Singh, Fund Manager, DSP Mutual fund in conversation with indiainfoline provides depth knowledge about business cycles.

The certification followed a successful inspection by the European Medicines Agency, Austria, held from September 24 to September 26 at the Nacharam, Hyderabad facility.

The facility would be established with an investment of PLN 12.2 million (roughly ₹25.3 crore) from internal accrual funds.

The deal worth ₹429.37 crore involves acquiring 5,970,149 equity shares at an agreed price of ₹719.2 per share through a shareholders' agreement.

Brokerage firms noted last month that all eyes would be on the number of orders that BEL secures in the second half of the current fiscal year.

Jindal Steel & Power surged 2.3% to an intraday high of Rs 929, while shares of JSW Steel surged 3.2% to their day's high of Rs 947.95.

On the BSE, UltraTech Cement's shares rose 1.4% to reach their day's high of Rs 11,585.40.