Sensex drops 523 pts, Nifty tests 21,600 ahead of Jan CPI data; PSBs sink

Stock market highlights on February 12, 2024: The broader markets suffered deeper losses with the BSE MidCap index falling 2.6 per cent and the BSE SmallCap 3.16 per cent

10:55 AM

ALERT :: Dynacons wins major contract worth Rs 90.02 crore from BSNL

>> Dynacons wins major contract worth Rs 90.02 crore from BSNL for providing Integrated Telecom Network & IT Solutions including Command Centre and Network Operations Centre for its premier customer

10:45 AM

Market Check :: Indices at day's low; Sensex declines over 350 pts

10:36 AM

ALERT :: Spark Minda enters into strategic alliance for manufacturing of Smart Vehicle Access Systems

>> Minda Corporation has been awarded a significant order for a leading 2W OEM in India to manufacture Smart Key Systems.

 

>> The awarded products will be manufactured at Spark Minda's state-of-the-art facility in Pune.

 

10:25 AM

Amber Enterprises slips 12% on weak December quarter earnings

That said, Amber plans to expand its portfolio in the electronics (EMS) space by further strengthening its R&D and PCBA (Printed Circuit Board Assembly) manufacturing capabilities through backward integration of Bare PCB Boards and adding new industries in its EMS portfolio with the Government's encouraging policy framework for domestic manufacturing. READ MORE

10:15 AM

Man Industries up 1% on order win worth Rs 525 crore

>> The company has received new orders of approximately Rs 525 crore

>> The total unexecuted order book as of today stands at approximately Rs1,600 crore to be executed in 6-7 months

>> The company has also been awarded with the Certificate of Appreciation for being Top Exporter of Kandla Customs for the financial year 2023-24
 

10:04 AM

Piramal Enterprises trades over 1% down after nearly 0.9 million shares change hands

>>  About 0.93 million shares worth Rs 82 crore changed hands at Rs 883.2/sh in block deal window

 

9:50 AM

Listing pre-open :: Apeejay Surrendra Park Hotels to likely list at 21% premium

>> Apeejay Surrendra Park hints at 20.6% listing premium on BSE

>> Issue price: Rs 155

9:47 AM

Bandhan Bank at day's low post Q3 results

>> Private sector Bandhan Bank on Friday reported over two-fold increase in net profit at Rs 733 crore for Q3FY24 on account of improvement in core income.

9:38 AM

Apex Frozen Foods sinks 13% post Q3 results

9:34 AM

Result Reaction :: ONGC falls 1% on 10% YoY drop in net profit

>> Oil and Natural Gas Corporation (ONGC) reported a decline of around 10 per cent to Rs 10,356 crore in Q3FY24, compared to Rs 11,489 crore in the year-ago period.

>> ONGC's board has approved a second interim dividend of 80 per cent, i.e. Rs 4 per equity share of face value of Rs 5 each for the fiscal 2023-24.

9:31 AM

Navin Fluorine gains 2% as LIC ups stake

>>  Life Insurance of India (LIC) has increased its stake in the company to 7.07 per cent from 5.03 per cent earlier.

9:29 AM

Railtel Corporation slips 2% on profit booking post order win

>> Company has received order worth Rs 18.21 crore from the Minsitry of Defence.

9:28 AM

Orient Press zooms 14% as it forays into candle biz

>> The Board has approved for setting up of new manufacturing facility/plant for new line of business of production of candles.

9:26 AM

IRCTC in red as it incorporates payment aggregator arm

>> IRCTC has incorporated a wholly-owned subsidiary company in the name of 'IRCTC Payments Ltd' for the purpose of payment aggregator business.

9:24 AM

Easy Trip Planners surges 3% on plan to open 5-star hotel in Ayodhya

>> The Board has considered and in-principally approved the proposal to open a 5-star hotel in Ayodhya, which is less then one kilometer from Shree Ram Mandir, through investment of an amount of up to Rs 100 crore in Jeewani Hospitality Private Limited.