Full year CAD moderated to 0.6% as India again reported a current account surplus in Q4
The funds will support PFL’s day-to-day operations and broader corporate requirements, the company stated in its latest regulatory communication.
At close, the Sensex was up 303.03 points at 84,058.90. Meanwhile, the Nifty was up 88.80 points and closed at 25,637.80.
The board has recommended a final dividend of ₹2 per share, which translates to a 200% payout for shareholders for FY25.
This contract marks one of its more notable deals in recent months, especially at a time when infrastructure spending is rising.
Here are some of the stocks that may see significant price movement today: Waaree Energies, Mazagon Dock Shipbuilders, BHEL, etc.
More than 97 lakh shares changed hands during the session far higher than the weekly average of 21 lakh and well above the monthly average of 14 lakh.
The company plans to invest close to ₹452 crore, which comes to about $53 million, for this controlling stake.
The project is called SOBHA Aurum, and the company has already received all the necessary clearances to move forward with construction.
India’s total engineering exports for May 2025 saw a marginal decline of 0.82%, landing at $9.89 billion for the month.
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