Shares of TCI Express Ltd. rose over 15% in intraday trade to a record Rs 1,895 apiece after the company reported strong growth in second quarter revenue and net income, on Friday.
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Asian Paints Slips As Analysts Cut Target Prices After Q2 Miss
Shares of Asian Paints shed 3% in intraday trade to Rs 2,912.15 in early trade after analysts reduced their target prices following the paintmaker’s Q2 miss.
Jubilant Food Works Shares Fall Despite Q2 Earnings Beat
Shares of Jubilant Food Works Ltd. fell for the fifth straight day early morning trading even as its second-quarter earnings surpassed analyst estimates.
Nucleus Software’s Lending Product FinnOne Goes Live In Spain
Shares of Nucleus Software Exports Ltd. rose over 2% in intraday trade to Rs 595 apiece after the company’s flagship lending product, FinnOne in Spain. FinnOne has been supporting Opel Vauxhall Finance in Europe since 2006 with Spain becoming the ninth and the latest European country to go live with FinnOne. OPEL is an automotive finance captive organization, supported by Stellantis and BNP Paribas.
Biocon Gains On Launch Of Generic Version Of Afinitor In The U.S. Market
Shares of Biocon Ltd. rose 1.45% in intraday trade to Rs 370.06 apiece after the company announced the launch of Everolimus tablets, a generic version of Afinitor in the U.S., thereby expanding its generic formulations portfolio.
India Sells Rs 24,000 Crore Of Bonds As Planned: RBI
India sold Rs 24,000 crore ($3.2 billion) of bonds at a weekly auction as planned, the Reserve Bank of India said in a statement.
Why JSW Energy Is Upbeat About India’s Power Sector
Even as energy shortage grips the world, India’s power sector is emerging from a decade of stress because of the push to renewables, according to Prashant Jain of JSW Energy Ltd.