News Overview

IREDA is a multi-bagger company, gaining 177% since its IPO at a listing price of ₹50 per share.

Established in 1984, Neuland Laboratories specializes in manufacturing active pharmaceutical ingredients (APIs) and offers comprehensive chemistry-related solutions for the pharmaceutical industry.

With the launch of 'VIDA Advantage,' Hero MotoCorp aims to accelerate the adoption of EVs by providing customers with a seamless and rewarding ownership experience.

In the broader market, the BSE MidCap index witnessed a 0.22% increase, while the BSE SmallCap index surged by 1.01%.

Orders in India, including one for US offshore suppliers, showcase Welspun's technical expertise and customer trust.

Volkswagen aims to capitalize on the 5-7% growth projected for the Indian passenger vehicles market this year, targeting 10-15% growth for itself.

Notable acquisitions in the food sector include Tata Consumer's plans to acquire Capital Foods and Organic India.

The acquisition cost, totaling ₹468 Crore, includes a revenue-sharing arrangement, reflecting the company's strategic investment in expanding its real estate footprint.

The consulting firm now anticipates full-year revenue growth to be within 1% to 3%, down from its previous estimate of 2% to 5%, signaling a subdued demand for its services due to economic headwinds.

While Hindustan Zinc argued that the plan would unlock the company's potential value, the government official expressed skepticism about its effectiveness.