Piccadily Agro shares up 2.47%; Indri Whisky’s gets historic IWC wins
Shares of Piccadily Agro Industries Limited closed at ₹752.00 on Monday, gaining ₹18.15 or 2.47 per cent over the previous close of ₹733.85, on volumes of 2.99 lakh shares worth…
Divi’s Labs hits 52-week high as analysts pile in after healthy Q1
Shares of Divi’s Laboratories surged nearly 5 per cent to touch a 52-week high of ₹8,500 on the NSE on Monday morning, as investors reacted to the pharma major’s strong…
AICPDF calls for stricter scrutiny of valuation of ‘loss-making quick commerce businesses’
The All India Consumer Products Distributors Federation (AICPDF) on Monday cautioned retail investors against investing in IPOs of “persistent loss-making” quick-commerce companies. The industry body, which represents 4.5 lakh FMCG…
Remsons Industries appoints auto industry veteran Rahul Prabhakar Desai as CEO
Remsons Industries, a leading manufacturer of cables and shifters for automotive industry, has appointed industry veteran Rahul Prabhakar Desai as Chief Executive Officer with immediate effect.The appointment was approved by…
Essar Group plans $5.8 billion energy transition investment in UK
Essar Group plans to invest 4.3 billion pounds ($5.79 billion) to build low-carbon energy transition projects in the UK by 2035, it said in a statement on Monday.Essar Energy Transition…
Sekhmet Pharmaventures targets to hit ₹2,000 crore revenue in 3 years
Sekhmet Pharmaventures, the PAG-backed pharmaceutical platform built around Anjan Drugs and Optimus Drugs, targets to achieve a revenue of ₹2,000 crore in three years as it repositions from volume driven…
Keto Motors rolls out new commercial electric bus
Keto Motors, a commercial electric vehicle manufacturer, unveiled its first commercial electric bus, the Urbanova KE9, marking its entry into India’s electric bus segment.Purpose-built for urban and institutional transportation, the Urbanova…
ArcelorMittal expands Microsoft partnership on cloud
Steelmaker ArcelorMittal said on Monday it was expanding its collaboration with Microsoft as part of its ‘Cloud First, Data Centric’ strategy, which uses Azure as its primary cloud computing platform.The…
Persistent Systems Q1 profit rises 13.7% to ₹483 crore
IT firm Persistent Systems has reported a 13.67 per cent increase in consolidated net profit to ₹483.04 crore in the April-June quarter.The company had posted a net profit of ₹424.93…
ITC shares bounce back as analysts back volume resilience despite cigarette earnings hit
Shares of ITC Ltd opened higher on Monday and were trading around ₹288.65 on the NSE, up 2.72 per cent from Friday’s close of ₹281. The stock touched an intraday…
