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Bank of India shares decline nearly 2% as it raised ₹2,690 crore via infrastructure bonds

Bank of India shares decline nearly 2% as it raised ₹2,690 crore via infrastructure bonds

Shares of Bank of India (BOI) declined nearly 2% on February 17, 2025, during morning trade after the public sector lender (PSU) raised ₹2,690 crore through infrastructure bonds. The 10-year bonds were issued at a coupon rate of 7.5% per annum, with an overwhelming response from investors. At 9:55 AM, Bank of India’s stock was…

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Glenmark Pharma share price soars nearly 4% on strong Q3 earnings check key details

Glenmark Pharma share price soars nearly 4% on strong Q3 earnings; check key details

Shares of Glenmark Pharmaceuticals surged nearly 4% on February 17, 2025, following strong Q3 FY25 earnings. The Mumbai-based pharma giant reported a consolidated profit of ₹348 crore, reversing the ₹351 crore loss from the same period last year. At 10:25 AM, Glenmark’s stock was trading at ₹1,373 per share on the BSE, marking a 3.91%…

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ITI shares hit 5% lower circuit as Q3 net loss narrows to ₹49 crore, revenue jumps 300%

ITI shares hit 5% lower circuit as Q3 net loss narrows to ₹49 crore, revenue jumps 300%

Shares of Indian Telephone Industries Ltd (ITI) hit the lower circuit of 5% on February 14, 2025, trading at ₹270.15 per share on the National Stock Exchange (NSE). This sharp decline came despite the company reporting a significant reduction in net loss and a massive 300% revenue surge in Q3 FY25. While the company’s net…

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Reliance Infrastructure Q3 results Net loss widens to ₹3,298 crore

Reliance Infrastructure Q3 results: Net loss widens to ₹3,298 crore

Reliance Infrastructure Ltd., a leading player in the engineering, power, and infrastructure sectors, announced its Q3 FY25 financial results on February 14, 2025. The company reported a net loss of ₹3,298.35 crore, significantly widening from the ₹421.17 crore loss recorded in Q3 FY24. Despite a marginal revenue increase of 0.55% YoY to ₹4,743 crore, the…

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Siemens Q3 Results Profit Falls 10% to ₹372 Cr, Revenue Down 3%

Siemens Q3 Results: Profit Falls 10% to ₹372 Cr, Revenue Down 3%

Siemens Limited, a leading multinational engineering and technology company, released its Q3 FY25 financial results on February 12, 2025. The company reported a 10% decline in its Profit After Tax (PAT) to ₹372 crore, compared to ₹412 crore in the same quarter last year. Additionally, Siemens’ revenue fell by 3.3% year-on-year (YoY) to ₹3,587.2 crore…

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Tech-Mahindra-Partners-with-Airtm-to-Boost-Global-Gig-Payments

Tech Mahindra Partners with Airtm to Boost Global Gig Payments

Tech Mahindra, one of India’s leading IT service providers, saw its stock rise on Friday after announcing a strategic partnership with Airtm, a global digital payment platform. This collaboration aims to enhance financial accessibility for global gig workers and expand payment capabilities through Tech Mahindra’s crowdsourcing platform, Populii. The deal marks a significant step in…

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Hindalco Industries share price jumps over 2% as Q3 profit up 60% to ₹3,735 crore

Hindalco Industries share price jumps over 2% as Q3 profit up 60% to ₹3,735 crore

Hindalco Industries, a flagship company of the Aditya Birla Group, saw a strong market response after posting impressive financial results for the third quarter (Q3) of the fiscal year. The company’s consolidated net profit surged by 60%, driven by robust earnings from its India business. On February 14, shares traded in positive territory as investors…

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Kotak Mahindra Bank shares jump nearly 2%, hit 52-week high as RBI lifts operation restrictions

Kotak Mahindra Bank shares jump nearly 2%, hit 52-week high as RBI lifts operation restrictions

Shares of Kotak Mahindra Bank soared on Thursday, February 13, 2025, hitting a 52-week high as investors reacted positively to the Reserve Bank of India’s (RBI) decision to lift the restrictions on the bank’s digital operations. During early trade, the stock climbed 1.37% to ₹1,969.90 on the National Stock Exchange (NSE). Shortly after, it reached…

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Jubilant FoodWorks share price drops 3% ahead of Q3 results announcement; 5 things you need to know

Jubilant FoodWorks share price drops 3% ahead of Q3 results announcement; 5 things you need to know

Jubilant FoodWorks Ltd (JFL), the master franchise holder for Domino’s Pizza in India, Nepal, and Sri Lanka, witnessed a 3% drop in its share price ahead of its Q3FY25 earnings announcement. Shares of the food service giant fell to ₹641.35 apiece in early trading on the National Stock Exchange (NSE) on Tuesday, February 11. The…

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National Fertilizers shares tank nearly 8% after Q3 net profit plunges 70% YoY

National Fertilizers shares tank nearly 8% after Q3 net profit plunges 70% YoY

National Fertilizers Ltd (NFL) shares took a steep dive on Tuesday, February 11, following the release of the company’s Q3FY25 results, which revealed a significant year-on-year (YoY) decline in net profit. The Navratna public sector undertaking reported a 69.64% drop in net profit for the quarter ended December 31, 2024, leading to negative investor sentiment…

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