News Overview

Given the surge in India's housing and infrastructure sectors, Birla is hopeful about the company's building materials segment.

The company also manages toll plaza operations, handling user fee collection and related services through competitive bidding, and is empanelled with NHAI for toll collection at various locations.

H.G. Infra Engineering shares have increased up to 87% in 2024, compared to the benchmark Nifty50's 14% return during the same period.

As of the June quarter shareholding pattern, the promoter owned 66.66% of Cyient DLM. Domestic mutual funds also own a 16.84% stake.

July 2024 was a month when the merchandise trade deficit with China and Russia widened sharply

According to Bombay Stock Exchange data, General Atlantic held a 5.13% ownership in the company as of June 30, 2024.

Sterling was trading at $1.3033 after reaching a high of $1.3054 on Tuesday, a level last touched in July of last year.

According to the NSE, these securities exceeded 95% of the MWPL, triggering the F&O ban.

Spot gold remained unchanged at $2,514.79 per ounce, trading below its all-time high of $2,531.60 set on Tuesday.

The ₹214.76-Crore IPO opens for subscription on August 21 and closes on August 23, with a price band of ₹195-206 per share.