Here are today’s key stocks making headlines:
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.
GAIL: Resolved arbitration with SEFE Marketing by securing a $285 million settlement.
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.
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.
RBL Bank: Appointed Soma Sankara Prasad as an independent director for four years, pending shareholder approval.
Happiest Minds: Partnered with Coca-Cola Vietnam to develop generative AI solutions for operational efficiency.
Azad Engineering: Signed a $112 million contract with GE Vernova for gas turbine engine components, strengthening its global presence.
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.
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