Stock market updates, Bajaj Finserv, Metro Brands, SonaComs, SBI, NBCC
Table of Contents
Larsen & Toubro
LARSEN AND TOUBRO wins orders for power transmission & distribution business. It wins orders to wxpand electricity grids in MIDDLE EAST & AFRICA.
It receives additional gas insulated substation orders in QATAR worth Rs. 50-100 billion
Elpro International Ltd
ELPRO INTERNATIONAL acquires SAGILITY INDIA LTD equity for Rs. 10 Cr to expand investment portfolio in healthcare.
Zaggle Prepaid Ocean Services Ltd
ZAGGLE PREPAID entered into a partnership with TBO TEK for travel services and solution integration. Company enters into master agreement with DR. BATRA’S POSITIVE HEALTHCARE for ZAGGLE ZOYER PROPOSITION.
Genesys International Corporation Ltd
GENESYS INTERNATIONAL CORPORATION LTD partners with SATSURE
Insolation Energy Ltd
INSOLATION ENERGY wins order worth Rs. 500 Cr
JTL Industries
JTL INDUSTRIES doubles capacity
Company updates regarding successful expansion of Raipur’s facility from 1,00,000 MTPA TO 2,00,000 MTPA
Cyient
CYIENT Company acquires stake in AZIMUTH AI to build cutting-edge ASIC chips and strengthen semiconductor capabilities
NBCC
Company wins order worth Rs 1730 Cr.
Stock has corrected about 35% from the top.
Bajaj Finserv
Bajaj Finserv’s revenue rises 29.5% YoY to Rs 33,703.7 crore in Q2, beats estimates by 13.1%
Metro Brands
Metro Brands’ net profit rises 4.3% YoY to Rs 69.6 crore in Q2, misses Forecaster estimates by 6.2%
Sona BLW Precision Forgings Ltd
Sona BLW’s net profit grows 16.2% YoY to Rs 144 crore in Q2FY25, beats Forecaster estimates by 2.4%
SBI
SBI signs an agreement with German Development Bank to secure a line of credit worth € 150 million
