Shares of Larsen & Toubro (L&T) climbed over 2 percent on Thursday after the company bagged several ‘large’ projects under its various business units.
The stock of the engineering and construction conglomerate advanced 2.35 percent to settle at Rs 3,097.35 apiece on the BSE. During the day, it climbed 2.90 per cent to reach its 52-week high of Rs 3,114.
On the NSE, it gained 2 percent to end at Rs 3,090 per share. In intra-day trade, it rallied 2.87 per cent to its 52-week peak of Rs 3,114.90.
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The stock emerged as the biggest gainer among the 30-share BSE Sensex firms.
L&T on Thursday said its Buildings & Factories business has bagged several ‘large’ projects under its various business units.
One of the projects is for constructing a residential township in Bengaluru, L&T said in a BSE filing.
The business has also bagged orders from a renowned developer for constructing commercial towers in Hyderabad.
Besides, it has got a contract from the Indian Institute of Technology, Kanpur to construct a super specialty hospital and an academic block, the filing said.
The company classifies contracts worth Rs 2,500-5,000 crore as large orders.
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Larsen & Toubro on Wednesday said its power business arm has bagged an order worth up to Rs 2,500 crore from the West Bengal Power Development Corporation Limited.
The company did not provide value of the contracts but said the orders fall under the “significant” category, which ranges between Rs 1,000 crore and Rs 2,500 crore, as per its classification of contracts.
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By admin • January 13, 2025 • The stock of One97 Communication advanced 5% to hit the upper band of Rs 370.70 a day after the company got the approval from NPCI to act as a third-party UPI app under the multi-bank model, just like its rivals PhonePe and Google Pay. Earlier, the company’s operations were supported by Paytm Payments Bank, which will shut its operations on March 15 to comply with RBI’s actions.
The company will be able to provide its services to customers through this new model. It has tied up with four other banks, which will become Payment System Provider. Axis Bank, HDFC Bank, Yes Bank, and State Bank have partnered with One97 Communication.
Also, Yes Bank will work as a merchant banker for Paytm’s existing customers as well as for new ones. Now, the UPI handle @Paytm will get redirected to Yes bank.
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By admin • January 2, 2025 • The benchmark equity indices ended Wednesday’s trading session in the positive territory. The NSE Nifty 50 gained just 4.75 points or 0.02% to settle at 24,143.75, while the BSE Sensex jumped 149.86 points or 0.19% to 79,105.89.
The broader indices ended in mixed territory, with gain led by Large-cap stocks. IT and Auto stocks outperformed among the other sectoral indices while Metal and Media stocks shed.
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Bank Nifty index ended lower by 104.55 points or 0.21% to settle at 49,727.30. The Nifty Midcap 100 fell by 334.45 points, or 0.59%, ending the day’s trading at 56,547.05 Come from Sports betting site VPbet . In the broader markets, small-cap and mid-cap stocks finished in the red.
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By admin • December 27, 2024 • The benchmark indices rose sharply on Friday after the faster-than-expected gross domestic product (GDP) growth in the third quarter of FY24 and positive global cues buoyed investor sentiment.
The Sensex zoomed 1,245.05 points or 1.72% to close at an all-time high of 73,745.35. The Nifty also jumped 355.95 or 1.62% to hit a record closing high of 22,338.75. The indices closed up for the third consecutive day on Friday.
The mid- and small-cap indices also rose, but the rise was comparatively subduedCome from Sports betting site. Both closed up less than 1% each.
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By admin • December 27, 2024 • Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices closed in the positive territory. The NSE Nifty 50 closed 31.85 points or 0.15% higher to settle at 21,544.85, while the BSE Sensex gained 30.99 points or 0.04% to 71,386.21. The broader indices closed in the green, with gain led by Smallcap stocks. Bank Nifty index closed lower by 207.60 points or 0.44% to settle at 47,242.65.
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15:31 (IST) 9 Jan 2024
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The NSE Nifty 50 gained 0.18% to settle at 21,552.30, while the BSE Sensex flat at 71,386.21.
15:25 (IST) 9 Jan 2024
By admin • December 26, 2024 • The Hitman Trilogy, which includes three games in the World of Assassination series, will come to Xbox Game Pass on January 20, IO Interactive announced today as part of the company’s Year 2 reveal. Come from Sports betting site VPbet
The Hitman Trilogy will also be available digitally for direct purchase on January 20 for PS4, PS5, Xbox One, Xbox Series X|S, the Epic Games Store, and Steam. “We’re excited to welcome a wave of new players to enjoy the full trilogy through new platforms and services,” IO said in a news post.
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By admin • December 26, 2024 • New Line’s The Conjuring Universe has made over $2 billion worldwide with its spin-offs and sequels, but Deadline reports that the film series that started it all is about to wrap up. New Line has set a September 5 release date for the final untitled movie, which Conjuring veteran Michael Chavez will helm.
The Conjuring centers around real-life supernatural investigators Ed and Lorrain Warren, played by Patrick Wilson and Vera Farmiga. James Wan directed the original The Conjuring in 2013 and earned nearly $320 million worldwide on a $20 million budget. In addition to the Conjuring and Nun movies, the universe has launched a series of Annabelle features, focused on a doll first featured in The Conjuring.
The Conjuring has spawned merchandise ranging from toys, comic books, Halloween costumes, and even tie-ins with Six Flags who will have Conjuring-themed mazes at this year’s FrightFest.
Of course, while these movies show the Warrens as successful demonologists, th…