2025-03-11Niranjan Ghatule
This article discusses IndusInd Bank's stock hitting a 15% lower circuit following the disclosure of discrepancies in its derivative portfolio accounts. The bank estimated a ₹2,000 crore hit to its net worth, attributing the issue to a process flaw in FX hedge accounting that understated costs.
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2025-03-10Niranjan Ghatule
Ashoka Buildcon Limited has secured a Letter of Acceptance (LOA) from Maharashtra State Electricity Transmission Co. Limited (MSETCL) for a project worth Rs. 311.92 crore (inclusive of GST). This marks a significant achievement for the company, reinforcing its position in the infrastructure and power transmission sectors.
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2025-03-10Niranjan Ghatule
The latest ISec export data for February 2025 shows a mixed performance in India’s specialty chemicals sector. While most companies struggled with either month-on-month (MoM) or year-on-year (YoY) declines, Gujarat Fluoro, Navin Fluorine, and Clean Science stood out by delivering growth on both fronts. Their strong demand across specialty chemicals and fluoropolymers highlights their market streng
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2025-03-10Niranjan Ghatule
The article discusses SPML Infra Limited's recent agreement with the Water Resource Department, Hazaribagh, for a ₹617.98 crore irrigation project under the Konar Irrigation Project in Jharkhand. The project aims to enhance irrigation infrastructure across 12,599.43 hectares of agricultural land in Hazaribagh, Bokaro, and Giridih districts.
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2025-03-10Niranjan Ghatule
Zydus Lifesciences Limited has received final approval from the USFDA for its Ketoconazole Shampoo, 2%, a widely used antifungal medication for treating dandruff and other skin conditions. The product will be manufactured at the company’s facility in Changodar, Ahmedabad. With an annual market size of USD 68.89 million in the U.S., this approval strengthens Zydus’ position in the pharmaceutical
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2025-03-08Niranjan Ghatule
This article is for informational purposes only and does not constitute financial or investment advice. Investors should conduct their own research or consult with a professional advisor before making any investment decisions. Sensexnifty.com is not responsible for any financial losses arising from investment decisions based on this article.
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2025-03-07Niranjan Ghatule
Tata Power Renewable Energy Limited (TPREL) has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to develop up to 7,000 MW of renewable energy projects, including solar, wind, and hybrid solutions. With an investment of approximately ₹49,000 crore, this initiative aligns with Andhra Pradesh’s clean energy goals under the Integrated Clean Energy (ICE) Policy.
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2025-03-07Niranjan Ghatule
This article covers the recent blast at Gokak Textile's solar power plant in Karnataka, detailing the incident, emergency response, insurance coverage, operational impact, and ongoing investigation. It highlights the company's commitment to safety and efforts to resume normal operations swiftly. Let me know if you need any refinements!
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2025-03-07Niranjan Ghatule
This blog article covers the re-appointment of Jabirmahendi Aga as the Chief Financial Officer (CFO) of Gensol Engineering Limited. It highlights his extensive experience in finance, his previous role at Gensol, and the company’s confidence in his leadership during a crucial period. The article includes statements from Anmol Singh Jaggi, Chairman & Managing Director of Gensol,
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