Shares of Mahanagar Telephone Nigam Limited (MTNL) fell to a 5 percent lower circuit after the Central Public Sector Enterprise (CPSE) was officially classified as a non-performing asset (NPA) by the State Bank of India (SBI)India's largest public sector lender stated that MTNL now owed a total of Rs 325.53 crore as of September 30. This declaration follows a similar downgrade by Punjab National B...

Godrej Properties shares gained more than two percent on October 7 after the company reported bookings of Rs 5,200 crore in Q2FY25, from the sale of 5.1 million square feet of residences.The sales were supported by strong demand coming from new project launches in the National Capital Region (NCR) and the Mumbai Metropolitan Region (MMR). Its operating cash flow in the quarter was at Rs 1,800 cror...

Ambuja Cements shares opened strong on Monday, rising over 1 percent, while HeidelbergCement India stock jumped over 13 percent after a news report said that the Adani Group is in discussions to acquire HeidelbergCement India and Zuari Cement from the German parent firm. The acquisition could be valued at around Rs 10,000 crore, reported The Economic Times, citing unidentified sources.At open, Amb...

Shares of NBCC (India) Ltd jumped over 4 percent on October 7 as the stock traded ex-bonus. Today also marks the record date for determining shareholders eligible to receive the bonus shares.The PSU had announced a bonus issue in a 1:2 ratio, granting one new fully paid-up equity share of Re 1 for every two existing shares held.A total of 90 crore bonus NBCC India equity shares will be issued out ...

Wockhardt shares gained in the October 7 trade after its antibiotics for urinary tract infections were granted “fast track designation” by the US Food and Drug Administration (FDA).WCK 6777  also completed the Phase I study conducted by the National Institutes of Health, US, it said.At around noon, the stock was trading at Rs 974 on the National Stock Exchange, up 0.88 percent from the previo...