Shares of PNC Infratech zoomed nearly 12 percent in early trade on December 11, clocking its biggest single-day gains in six months. This comes after the company earned a bonus of Rs 4.4 crore due to the early completion of a road project in Uttar Pradesh.The company completed a Rs 738 crore project, awarded by the National Highways Authority of India, for the four laning of National Highway-53, t...

Shares of flexible workspace solutions company, Awfis Space Solutions, will be on focus on December 11 after a major block deal involving 85.3 lakh shares worth Rs 606 crore took place on the bourses.While a Source couldn't immediately identify the buyers, CNBC TV-18 reported that Promoter Peak XV Partners Investments and shareholders Bisque Ltd and Link Investment Trust were expected to divest a ...

NTPC Green Energy's share price rose more than 2 percent in the opening trade on December 11 after the company was going to set up an Energy Storage System (ESS) of 250 MW/1000 MWh.At 09:22 am, NTPC Green Energy was quoting at Rs 149.95, up Rs 3.30, or 2.25 percent, on the BSE.NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of the company, has emerged as a successful bi...

Replicating Zomato’s cost-advantage model is challenging for competitors, especially given its market share and higher advertisement revenues, said Ambit Asset Managers in its monthly newsletter to its shareholders while retaining Zomato as its core holding in its portfolios in December.It stated that while many competitors resort to cash-burning strategies and heavy discounting, these approache...

Shares of HG Infra Engineering rallied over 5 percent to Rs 1,532 in morning trade on December 11 after the company announced that it had secured a letter of acceptance from the Ministry of Road Transport and Highways (MoRTH) for upgrading the newly-declared NH-227B Bahuvan Madar Majha to Jagarnathpur, popularly known as the 84 Kosi Parikrama Marg, in Uttar Pradesh.The project, awarded under the h...