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The company also received the same work order from Western Railways for the Petlad-Bhadran (22.5 km) stretch of the Vadodara division. The order was valued at Rs 174.27 crore.

The company also declared an interim dividend of Rs 0.85 per equity share of a face value of Rs 2. November 24, 2023, has been set as a record date to ascertain the entitlement of interim dividend.

Led by strong participation from retail investors, the rally in smaller stocks showed no signs of slowing down as the Nifty Smallcap50 outperformed with a 1.5% jump. The post-Diwali rally made investors richer by about Rs 2.8 lakh crore as the total market capitalisation of all BSE-listed stocks jumped to Rs 324.9 lakh crore.

The first titanium casting parts for LEAP engines are scheduled to be delivered early in 2024 for the LEAP engine powering single-aisle jet.

“I do not know any of these (Mahadev app) gentlemen. I have never met them. I have never placed a bet in my life. So, there is no question of any. This is totally maligning news being set out by people who are now resisting our takeover of the company (Religare Enterprises).”

Support is the price level of a stock below which it will not fall, supported by stronger demand. This means that when a stock is near its support, the market will buy the stock as it expects the stock to move up from this point. Conversely, Resistance is the price level above which the stock will not rise. This implies that when a stock is closer to its resistance level, the sellers are happy to sell, and buyers are less likely to buy.

The stock quoted a 52-week high price of Rs 1123.95 and a 52-week low of Rs 730.9.

A total of 9,070 shares changed hands on the counter till 12:13PM (IST)

Stocks in China have currently priced in “lots of negatives,” making them poised for a sharp rebound when catalysts arrive, said Sunil Tirumalai, UBS’ global emerging market strategist. Meanwhile, earnings-based valuations for Indian shares are already at “fairly extreme levels.”