Thermax reports new order; stock shows resilience to volatility
Thermax reports new order; stock shows resilience to volatility

Thermax reports new order; stock shows resilience to volatility

Pratik Shastri Article rating: 5.0

The stock price took this development with positive sentiment. As per the last reported order balance status of the company, there was a decline of more than 50 per cent YoY in new order bookings, for the first quarter.

Dilip Buildcon shares decline after touching intraday high despite order execution
Dilip Buildcon shares decline after touching intraday high despite order execution

Dilip Buildcon shares decline after touching intraday high despite order execution

Pratik Shastri Article rating: 4.1

As per the press release on the stock exchanges, the bid for the project stands at the cost of Rs 1,905 crore. The stated project will have a completion period target of 24 months and its operational period will be 15 years from the date of completion.

Uncertainty looms over SBI Cards; stock declines by 10 per cent last week
Uncertainty looms over SBI Cards; stock declines by 10 per cent last week

Uncertainty looms over SBI Cards; stock declines by 10 per cent last week

Pratik Shastri Article rating: 3.5

SBI Cards is a credit-card division of the banking major State Bank of India. The shares took a negative turn after the company reported a sharp rise in its NPA’s. As per investor presentation, its ratio of stressed loan accounts stood over 16.5 per cent in the September quarter.

Inox Leisure resumes functioning in 10 states; closes marginally higher
Inox Leisure resumes functioning in 10 states; closes marginally higher

Inox Leisure resumes functioning in 10 states; closes marginally higher

Pratik Shastri Article rating: 4.0

The multiplex operator, Inox Leisure on Friday informed that the company has begun the process of reopening its facilities in ten states of India. The list includes West Bengal, Gujarat, Karnataka, Uttar Pradesh, Assam, Andhra Pradesh, Haryana, Madhya Pradesh, Delhi, and Goa.

Tata Power shares trade lower despite receiving LoA for solar project
Tata Power shares trade lower despite receiving LoA for solar project

Tata Power shares trade lower despite receiving LoA for solar project

Pratik Shastri Article rating: 3.4

The stated project is supposed to be commissioned within 15 months from the date of execution. As per the recent data from the company, the cumulative capacity under development in Gujarat would now stand at 620 MW after the completion of this project.

Business Assessment Index recovers from lows: RBI Data
Business Assessment Index recovers from lows: RBI Data

Business Assessment Index recovers from lows: RBI Data

Pratik Shastri Article rating: 3.6

Overall, business sentiment in the manufacturing sector, which is reflected by the business assessment index (BAI), surged from a record low at 55.3 in Q1 to 96.2 in Q2, (but still remains in the contraction zone).

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