Fri, Nov 8, 2024 3:25 PM
Hold Gujarat State Petronet target of Rs 380 Prabhudas Lilladher
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DCX Systems secures a Rs 460.30 crore order from Lockheed Martin USA for electrical assemblies, building on a prior Rs 16.53 crore deal, and strengthening its position with top global defence contractors. The company's order book stands at Rs 1,937 crore, with a growing pipeline, as India's defence sector is expected to reach $70 billion by 2030.
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Homegrown Welspun Corp on Friday announced the results for the second quarter of fiscal year 2025. The company, a leading player in the steel, sponge iron, and pig iron industry, reported a net profit of ₹287 crore for the quarter, a 26.3% from the same period last fiscal. The company had posted a profit of ₹386.57 crore in the last corresponding quarter.
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Chile’s consumer prices rose more than expected in October as electricity costs jumped by double digits, damping the outlook for interest rate cuts even as growth stalls. Prices rose 1% in the month, above all forecasts in a Bloomberg survey of analysts that had a 0.6% median estimate, and the fastest pace since March of last year. Annual inflation sped up to 4.7%.
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