Markets are trading in the red, with the NIFTY50 below 19,200 as of 2:00 pm.
Here are the top stories!
Top gainer: Nestle India: 24,503 ▲305 (+1.2%)
Top loser: NTPC: 230 ▼ 6 (-2.6%)
Delta Corp rises on tax relief
Shares of the casino and online gaming operator rose by 8% intraday after the company received a provisional relief from the Goa High Court on the ₹16,194 crore tax demand from GST authorities. The court ordered the GST department in Hyderabad to not take any further action without its permission.
John Cockerill surges on order win
Shares of the steel manufacturer rose by 5.3% intraday. This came after the company bagged an order worth ₹280 crore from Tinplate Company of India Limited for making and delivering plant and equipment for a continuous annealing line in Jamshedpur.
Kewal Kiran Clothing gains after strong Q2 results
Shares of the apparel manufacturer rose by 14.6% intraday after the company reported a 27.2% year-on-year (YoY) growth in its net profit at ₹49.80 crore. The company has also forayed into the kids’ wear category in this quarter.
Gensol Engineering rises on new project
Shares of the solar advisory and execution services provider rose by 9% intraday. This came after the company announced that it has received an order worth ₹301.54 crore from Maharashtra State Power Generation Co. Ltd. (MAHAGENCO) to install 62 MWAC solar PV power plant in Maharashtra.