Zen Technologies Ltd’s shares increased around 4% in early trade on Friday, March 28, after the business was awarded a Rs 152-crore contract by the Ministry of Defence, India. The deal is for the provision of its Integrated Air Defence Combat Simulator for the L70 Gun, which is an important step toward strengthening India’s indigenous…
Samvardhana Motherson International Ltd shares gained 3.8% to an intraday high of Rs 137 on the BSE on Friday, as the auto accessory firm attempted to ease investor concerns following a share price drop due to Donald Trump’s planned 25% tax on foreign automobile imports. Samvardhana Motherson International Ltd has tried to reassure investors after…
Shares of BSE soared 15.33% to an intraday high of Rs 5,387 after the National Stock Exchange (NSE) agreed to delay its intention to alter the weekly expiry day The action, which was originally planned to take effect on April 4, has been postponed following the issuance of a consultation document by the Securities and…
Jindal Steel & Power (JSPL) shares will be closely watched on Friday after the business won the Saradhapur Jalatap East coal block in the Ministry of Coal’s most recent commercial coal auction. The mine, with an estimated resource of 3,257 million tonnes, is only 11 kilometers from JSPL’s Angul steel production, making it a valuable…
Force Motors share price: Force Motors’ shares rose more than 7% on Friday, March 28, after the Indian Defence Forces ordered 2,978 Gurkha light vehicles. The stock surged 7.4% to ₹9,438.95 per share on the National Stock Exchange (NSE). At 9:42 a.m., it was up 4.31% to ₹9,166.45 each. According to an exchange filing, the…
Ashok Leyland shares fell as much as 4.6% on Thursday to Rs 205.05 on the BSE after the commercial vehicle manufacturer revealed intentions to suspend production at its UK electric bus affiliate, Switch Mobility, due to increasing losses. Additionally, one of its proprietors, Hinduja Automotive, pledged about 30% of its interests, valued at more than…
Automakers were pounded Thursday, and stock markets sank on both sides of the Atlantic, as US President Donald Trump slapped punitive tariffs on imported automobiles and parts, as he pursues hardball trade tactics that many worry may ignite a recession. On Wall Street, the Dow, the tech-heavy Nasdaq, and the broader-based S&P 500 were all…
Tata Motors shares plummeted almost 6% in early trading on Thursday after US President Donald Trump slapped a 25% levy on all automobile imports to the US. At 9:55 a.m., the stock was trading 5.26% down at Rs 670.70 on the Bombay Stock Exchange. The reduction was consistent with the overall car sector in India,…
Adani Group stocks are expected to be in focus on Wednesday, March 27, after news of the group’s strong interest in Jaiprakash Associates Ltd (JAL) throughout the bankruptcy proceedings. According to a previous ET story, Jaypee Group’s main firm, JAL, which operates in the cement, power, hotel, construction, and real estate industries, has been admitted…
Reliance Industries has temporarily ceased purchasing oil from Venezuela after US President Donald Trump imposed a 25% tax on countries that import crude from South American countries. Existing Shipment to be delivered: India’s largest private refinery is slated to receive a supply of Merey crude from Venezuela. However, subsequent transactions have been halted, according to…