1️⃣ L&T Technology Services: Reported a 4.1% decline in Q3 net profit to ₹322.4 crore. However, revenue saw a 9.5% YoY increase to ₹2,653 crore.
2️⃣ GAIL: Resolved arbitration with SEFE Marketing by securing a $285 million settlement.
3️⃣ Punjab & Sind Bank: Posted a remarkable 146.72% YoY increase in Q3 net profit at ₹282 crore, with a 27% jump in Net Interest Income to ₹938.7 crore.
4️⃣ Exide Industries: Invested ₹149.99 crore in Exide Energy Solutions to boost its lithium-ion battery production, taking its total investment to ₹3,302.23 crore.
5️⃣ RBL Bank: Appointed Soma Sankara Prasad as an independent director for four years, pending shareholder approval.
6️⃣ Happiest Minds: Partnered with Coca-Cola Vietnam to develop generative AI solutions for operational efficiency.
7️⃣ Azad Engineering: Signed a $112 million contract with GE Vernova for gas turbine engine components, strengthening its global presence.
8️⃣ Rashi Peripherals: Acquiring a 70% stake in Satcom Infotech to expand cybersecurity solutions in India.
Stay tuned as these developments shape the stock market today.
#StocksToWatch #MarketUpdates #ShareMarketNews #LTTec #GAIL #PunjabSindBank #ExideIndustries #RBLBank #HappiestMinds #AzadEngineering #RashiPeripherals
