OYO Projects EBITDA to Surpass Rs 2,000 Cr in FY26 with Motel 6 Acquisition
OYO, the travel tech platform, is expected to post a leap in EBITDA of over Rs 2,000 crore by 2025-26, primarily due to its acquisition...
Author : Ali Waghbakriwala
Nifty 50, Sensex Trim Gains After Hitting Record Highs; Nifty Touches 26,000
Benchmark indices Nifty 50 and Sensex gave up earlier gains after reaching record intraday highs on Tuesday. This movement was fueled by a rise in...
Reliance Power Shares Hit 5% Upper Circuit on Approval to Raise FundsÂ
Shares of Reliance Power Ltd were locked at 5% upper circuit on 24 September after the company’s board of directors approved raising funds to the...
Metal Stocks NALCO, Tata Steel, Vedanta Rally After China’s Stimulus Measures
Metal giants such as NALCO, Tata Steel, and Vedanta rallied 4-6% on 24th September, following a series of measures announced by China in recent days...
JTL Industries Shares Rally 10% After Stock Split Announcement
Shares of JTL Industries rallied 10% to reach a day’s high of Rs 242 on 24th September, 2024, following the company’s announcement of a potential...
Power Grid Corp Shares Gain 2% on Bagging New Project
The share price of Power Grid Corporation of India increased 2% on 24 September upon receiving a Letter of Intent (LoI) to develop an inter-state...
SpiceJet Finalizes Settlement with Engine Lease Finance for $16.7 Million Claim, Shares Down 3%
Shares of SpiceJet Ltd. dropped 3% after reaching a day’s high of Rs 70.40 on 24th September, following the company’s statement that it has resolved...
Sealmatic India Stock Jumps 6% After Winning Power Plant Project from BHEL
Shares of Sealmatic India Ltd. surged 6% to reach a day’s high of Rs 642 on 24th September, after the company secured an order from...
Firstsource Solutions Shares Surged 7% as Subsidiary Acquires Ascensos
Shares of Firstsource Solutions Ltd surged 7% on 24 September after the company announced that its wholly-owned subsidiary, Firstsource Solutions UK Limited acquired Ascensos. In...
L&T Secures Mega Orders for Advanced Grid Systems in Saudi Arabia and Abu Dhabi, Shares Flat
Shares of Larsen and Toubro Ltd. (L&T) traded flat after reaching a day’s high of Rs 3,831.80 on 24th September, following the company’s announcement that...