Today’s top morning headlines - 24th June 2024

Good afternoon
Top gainer: PowerGrid 333.70 ▲ 7 (+2.3%)
Top loser: Indusind Bank 1,494 ▼ 32 (-2.1%)

:star: Hero MotoCorp announces upward revision in ex-showroom prices
Hero MotoCorp announced that the price revision will be up to ₹1,500 and the exact quantum of increase will vary by specific model and market. The company said the revision has been necessitated to partially offset the impact of higher input costs. Read more

:star: DEE Development Engineers IPO share allotment today
Shares of Sobha Ltd surged nearly 8% on Thursday, June 13, after the company’s board approved a ₹2,000 crore rights issue. The company plans to offer 1.2 crore shares at ₹1,651 each, a 20% discount to the previous close. The rights issue will be open from June 28 to July 4. Read more

:star: GRSE shares soar over 10% as warship maker wins $54-million international order
GRSE on Saturday, June 22, informed the bourses that it signed an agreement with Germany-based Carsten Rehder Schiffsmakler and Reederei for the construction and delivery of four multi-purpose vessels of 7,500 deadweight tonnage (DWT) each, with an option of building another four ships in near future. Read more