Latest Stock Market News

Phase I development is targeted within two years, by 2025, leading to commercial operations. Total cost of the project under public-private partnership (PPP) mode is estimated at ₹1,424 crore, the ministry said. The 184.27-acre park, awarded by a bidding process, is estimated to cater to 7.17 million metric tonnes of cargo over the 45-year concession period.

It said that following the recent judgment of the Supreme Court, the special leave petition, the original contempt petition and the suo-moto contempt petition are disposed of.

A year ago it was Rs 1,433 crore

PB Fintech is the new age stock that listed on stock exchanges on November 15 at a premium of over 17% against its issue price of Rs 980

Morgan Stanley Asia bought 82,13,050 shares or 1.7% stake in the company at an average traded price of Rs 186.4

The buyback price is at a 38% premium in comparison to the Thursday’s closing price of Rs 1,374 per share

The Dow Jones Industrial Average rose 82.38 points, or 0.24%, at the open to 33,797.75.

The storage battery maker on Friday reported a modest 5% rise in net profit for the September quarter at Rs 246 crore against Rs 234 crore seen in the year-ago period.Profit before tax rose 4.8% to Rs 330 crore (Rs 315 crore earlier) on a revenue of Rs 3719 crore.

Its net interest margin however remained largely stable at a healthy 9.2%. Net interest income stood at Rs 353 crore as compared with 271 crore, reflecting a 30% year-on-year rise.

The Aditya Birla Group company reported a consolidated profit of Rs 2,205 crore, down 35% year-on-year and 46% sequentially. Aluminium prices had reached historically high levels during the preceding quarter before getting closer to the long-term average during Q2.