[ad_1] You know you are in an uncertain, dodgy market when nobody is willing to go in with positions, either long or short, before a mid-week holiday, ahead of a monthly expiry. That is exactly what transpired on Tuesday for the Nifty, which had an extremely lacklustre trading session, but stuck to the template, defending […]
Azad Engineering to raise ₹700 crore via QIP, sets issue price at ₹1,280 per share: Sources – CNBC TV18
[ad_1] Azad Engineering has launched a qualified institutional placement (QIP) to raise around ₹700 crore, people in the know told CNBC-TV18. The issue price is ₹1,280 per share, which is a discount of 1.8% to SEBI’s floor price and 5.6% to its last closing price, the sources added. With this, the company is looking at […]
Stocks to Watch on February 6: Kansai Nerolac, Swiggy, Welspun Corp, Redington and more – CNBC TV18
[ad_1] 1 / 17 Kansai Nerolac | Paint maker reported a 341.4% year-on-year (YoY) jump in net profit at ₹680.9 crore for the third quarter that ended December 31, 2024, compared to ₹154.3 crore in Q3 FY24. The figure includes a profit of ₹665.4 crore from the sale of land in Lower Parel, Mumbai. Revenue […]
Azad Engineering signs long-term deal with Rolls-Royce to supply civil aircraft engine components – CNBC TV18
[ad_1] Hyderabad-based Azad Engineering Ltd on Wednesday (February 5) said it has signed a long-term agreement with Rolls-Royce PLC, London, to manufacture and supply critical civil aircraft engine components. Company Value Change %Change “…we hereby inform you that Rolls-Royce PLC, London- United Kingdom inks deal with AZAD Engineering Limited, Hyderabad- India to produce CIVIL AIRCRAFT […]
Azad Engineering signs long-term contract worth ₹700 crore with Mitsubishi Heavy Industries – CNBC TV18
[ad_1] Azad Engineering Ltd. announced on Sunday that it has signed a long-term contract and price agreement (LTCPA) with Japan-based Mitsubishi Heavy Industries Ltd. The order pertains to the supply of highly engineered and complex rotating and stationary airfoils for advanced gas and thermal power turbine engines to meet Mitsubishi’s demand in the global power […]