Fri, Nov 8, 2024 12:43 PM
M&M Standalone September 2024 Net Sales at Rs 28,919.34 crore
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China's NPC on November 8 approved the State Council's proposal to increase local government debt limit by $839 bn. The debt swap plan is spread over three years, said Xu Hongcai, the vice chairman of the Financial and Economic Affairs Committee of the National People’s Congress, and will help reduce China's interest payments by 600 bn yuan over five years, freeing up resources for development.
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Jindal Steel and Power's Q2FY25 performance was somewhat better despite weak steel prices and muted volumes, with declining volumes and average NSR, but improved subsidiaries' performance and lower coking coal costs; the company expects improved demand in H2FY25, supporting long product pricing, and maintains an 'Accumulate' rating with a revised TP of Rs1,017.
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Stock Market today: Small-cap stock below ₹100 Brahmaputra Infrastructure Ltd. share price gained 14% during the intraday trades on Friday. Brahmaputra Infrastructure announced receiving a LOA ( Letter of Acceptance) from Telcommunication Consultants India Limited for project execution. Brahmaputra Infrastructure share price opened at ₹65.99 on the BSE on Tuesday.
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