Gets Rs 137.63 crore order from Reliance Retail for supply of optical fibre cables.
Source: Exchange filing
Bank has strategic intent to augment business in priority sector via organic and inorganic means.
Continues to explore alternatives via tie-ups, partnerships merger and acquisition.
Source: Exchange Filing
Gross GST Collections in July for transactions in June recorded at Rs 1,65,105 crore, marking a 11% year-on-year growth
Source: PIB
Gets final U.S. FDA approval for Saxagliptin tablets.
Alert: Saxagliptin is a diabetes tablet to control blood sugar levels.
Source: Exchange filing
Gets export order for OTR steel wheels for 3 wheel sizes.
Orders received for an OEM in Oceania market.
Orders to be executed from next month from Dappar plant.
Source: Exchange Filing
Revenue up 1.63% at Rs 1610.73 crore vs Rs 1584.82 crore (Bloomberg estimate: Rs 1621.5 crore)
Net profit down 10.52% at Rs 202.84 crore vs Rs 226.69 crore (Bloomberg estimate: Rs 210.3 crore)
Ebitda down 9.78% at Rs 332.07 crore vs Rs 368.07 crore (Bloomberg estimate: Rs 331.45 crore)
Margins at 20.61% vs 23.22% (Bloomberg estimate: 20.44%)
Source: Exchange filing
Received new orders worth Rs 1,919 crore.
Orders worth Rs 1,635 crore are for the water division.
Orders worth Rs 284 crore are for the building division.
The new orders have been received from state and central government agencies.
Source: Exchange filing
The broader market indices were trading mixed; the S&P BSE MidCap Index was down 0.15%, whereas S&P BSE SmallCap Index was 0.57% higher.
Ten out of the 19 sectors compiled by BSE advanced while nine sectors advanced. S&P BSE Information Technology rose the most, while S&P BSE Realty fell the most.
The market breadth was skewed in the favour of the buyers. About 2,024 stocks rose, 1,406 declined, while 175 remained unchanged on the BSE.
July production at 53.7 million tons, up 13.4% YoY.
July sales at 59.5 million tons, up 9.3% YoY.
Source: Exchange Filing
Manufacturing PMI rose to 57.7 in July, in line with the reading of 57.8 in June.
Source: S&P Global
Gets order from RVNL for design and construction of underground metro project.
Gets order from Middle East for mandate to rehabilitate structures for strategic purposes.
Note: L&T classifies order worth between Rs 2,500-5,000 crore as large.
Source: Exchange Filing
Awarded Rs 837.34 crore order by ONGC for renovation of their Hazira Plant.
Source: Exchange filing
The broader market indices outperformed larger peers; the S&P BSE MidCap Index was up 0.06%, whereas S&P BSE SmallCap Index was 0.53% higher.
Thirteen out of the 19 sectors compiled by BSE advanced while six sectors advanced. S&P BSE Telecommunication rose the most, while S&P BSE Realty fell the most.
The market breadth was skewed in the favour of the buyers. About 1,748 stocks rose, 519 declined, while 95 remained unchanged on the BSE.
Source: BSE
Receives Abbreviated New Drug Application approval from U.S. FDA for Saxagliptin tablets.
Alert: Saxagliptin is a diabetes control tablet for monitoring blood sugar levels.
Source: Exchange filing
At pre-open, the S&P BSE Sensex Index was up 0.29 points or 0% at 66,527.96 while the NSE Nifty 50 Index was 30 points or 0.15% higher at 19,784.
Source: Exchange filing
The local currency weakened 6 paise to open at Rs 82.31 against the U.S dollar on Tuesday.
It closed at 82.25 on Monday.
Source: Bloomberg
The yield on the 10-year bond opened flat at 7.17% on Tuesday.
Source: Bloomberg
Promoters to sell about 2.16 crore shares or 0.87% equity via block deal.
To sell shares at Rs 503 per share, 3% discount to Monday's close.
Axis Capital sole broker to the block deal.
Source: Term sheet
Signs MoU with Brookfield Asset Management to manufacture renewable energy equipment in Australia.
Source: Exchange filing
Cuts LPG prices of Indane in Delhi by Rs 100 from August 1, 2023.
Prices slashed from Rs 1,780 per 19 kg cylinder as of July 4, 2023.
Source: Indian Oil website
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EaseMyTrip To Buy 51% Stake In Guideline, Tripshope, Dook
Societe Generale Buys Bandhan Bank Shares For Rs 382 Crore
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India's Eight Core Industries Grow 8.2% In June, The Fastest In Five Months
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