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Bharat Electronics has received defence and non-defence orders worth Rs 2,191 crore.
Orders include supply of long range guidance kit with warhead, airborne V/UHF jammer, battlefield surveillance radar systems and more.
With this, BEL has received orders worth Rs. 8,091 crore till now in the FY 2023-24.
Source: Exchange filing
HDFC has acquired 36.42 lakh shares or 0.51% more stake in HDFC ergo to raise its total holding to 50.51%.
Previously CCI and IRDAI had granted the company approval to hold more than 50% of the total paid-up share capital of HDFC Ergo.
Source: Exchange filing
Paytm has announced its partnership with Shriram Finance for loan distribution.
Company will offer its platform to Shriram Finance for digital credit for merchant loans and consumer loans.
Shriram Finance’s products will be made available on Paytm’s platform.
Source: Exchange filing
Kalpataru Projects International & its international subsidiaries have secured new orders worth Rs 1,008 crore
Orders include training and development contracts of Rs 635 Crores in Indian and overseas markets
Contracts for civil works for buildings in India worth Rs 373 crore
Source: Exchange filing
SBI has appointed four directors on the Central Board of the bank.
Ketan Shivji Vikamsey and Mrugank Madhukar Paranjape have been re-elected.
Rajesh Kumar Dubey and Dharmendra Singh Shekhawat are the new members
Source: Exchange filing
The broader market indices were trading higher; the S&P BSE MidCap Index was up 0.50%, whereas S&P BSE SmallCap Index was 0.59% higher.
Seventeen out of the 20 sectors compiled by BSE advanced with S&P BSE Information Technology gaining the most. S&P BSE Telecommunication, S&P BSE Utilities, and S&P BSE Services declined.
The market breadth was skewed in the favour of the buyers. About 2,021 stocks rose, 1,315 declined, while 167 remained unchanged on the BSE.
Godawari Power and Ispat has 11.5 lakh shares worth Rs 59.8 crore change hands in a large trade at Rs 520 apiece.
The buyers and sellers were not known immediately.
Source: Bloomberg
Amrutanjan Healthcare has approved the buyback of up to Rs 28.8 crore worth of equity shares at a price of Rs 900 apiece.
The buyback offer price is for 3.2 lakh equity shares worth 1.1% equity of the company.
Source: Exchange filing
HDFC Bank will replace HDFC in FTSE’s global equity indices after their merger.
Currently HDFC is part of the FTSE indexes, while HDFC Bank is not.
Source: FTSE
L&T Technology Services has partnered with Palo Alto Networks for 5G and operations technology solutions.
Source: Exchange filing
The broader market indices opened higher; the S&P BSE MidCap Index was up 0.36%, whereas S&P BSE SmallCap Index was 0.54% higher.
Eighteen out of the 20 sectors compiled by BSE advanced with S&P BSE Consurmer Durables gaining the most. S&P BSE Telecommunication and S&P Metal declined.
The market breadth was skewed in the favour of the buyers. About 1,906 stocks rose, 626 declined, while 151 remained unchanged on the BSE.
Source: BSE
At pre-open, the S&P BSE Sensex Index was up 150 points or 0.24% at 64,065.75 while the NSE Nifty 50 Index was 105 points or 0.55% higher at 19,076.85.
Source: Bloomberg
The local currency strengthened 4 paise to open at 82.02 against the U.S dollar on Friday
The local currency closed at 82.06 on Wednesday.
Source: Bloomberg
The yield on the 10-year bond opened 2 bps higher at 7.08% on Friday. It closed at 7.06% on Wednesday.
Source: Bloomberg
TD Power Systems had about 37.2 million shares change hands on NSE in a pre-market trade, according to data compiled by Bloomberg. The buyers, sellers not immediately known.
Source: Bloomberg
Aurobindo Pharma's Anakapalle plant has been issued fresh observations after a U.S. FDA inspection.
Cleaning and storage of manufacturing equipment is 'deficient'.
Lab controls are not scientifically sound and don't have appropriate specification.
Sampling tools are not cleaned and maintained to prevent contamination at the plant.
Raw materials stored in hot and humid conditions, not compliant with storage requirements.
Source: Bloomberg
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