E2E Networks' share price rose 5 percent on November 5 after Larsen & Toubro (L&T) announced its plan to acquire a 21 percent stake in the company worth over Rs 1,000 crore.E2E Networks specializes in providing CPU & GPU-based cloud computing platforms. The acquisition of the stake is expected to be completed by December 31.E2E Networks stock hit a fresh all-time high in Tuesday's trading session ...

Tilaknagar Industries share price surged 17 percent on November 5 on strong Q2 results.Indian-Made Foreign Liquor (IMFL) manufacturer Tilaknagar Industries Ltd on Monday reported a 57 percent rise in its consolidated net profit at Rs 58 crore crore in the September 2024 quarter. It had reported a net profit of Rs 37 crore during the July-September period of the preceding 2023-24 fiscal, the compan...

Shares of Raymond edged higher amid a weak market after the company reported a substantial rise in consolidated Q2 net profit, doubling year-on-year (YoY) to Rs 59 crore, driven by robust growth in its real estate and engineering businesses.The company's revenue from operations also more than doubled YoY to Rs 1,044.7 crore in Q4FY25, while EBITDA climbed 100 percent YoY to Rs 116 crore. The EBITD...

Shares of Amara Raja Energy & Mobility Ltd. fell nearly 5 percent on November 5 after the company reported weak earnings for the quarter ended September 30, 2024, missing estimates.The company's net profit rose 6.3 percent on-year (YoY) to Rs 240.7 crore in Q2FY25 and revenue from operations increased 11.6 percent YoY to Rs 3,135.8 crore during the quarter under review. At the operating level, Ama...

Bank stocks were under pressure on October 25 in an overall weak market led by a 20 percent drop in IndusInd Bank shares as it flagged stress in its micro-finance portfolio and deteriorating asset quality picture. Others like AU Small Finance Bank, Canara Bank, PNB, IDFC First Bank, and Bank of Baroda also bore the brunt of the worst of the selloff and declined in the range of 2-6 percent.Apart fr...