Good morning,
Markets are trading in the green with the NIFTY50 trading near the 19,600 level, as of 11:00 am Here are the top stories for the day!
Larsen & Toubro climbs on ₹7,000 crore order win
Shares of the construction company rose around 1.5% intraday. The company has won an order worth ₹7,000 crore from the Mumbai Metropolitan Region Development Authority (MMRDA) to make an underground road tunnel in Mumbai.
Godrej Properties gains after land deal
Shares of the real estate developer gained around 2% intraday, after it announced its new project in Nagpur. The company has acquired 109 acres of land in the city. The project is expected to have a saleable area of about 2.2 million square feet.
MCX shares fall 8% as new platform launch delayed
The shares of the commodity exchange dropped more than 8% intraday. This came after SEBI put a temporary hold on the launch of the commodity derivatives platform. The platform, made by TCS, was to launch on October 3, but now it is suspended till SEBI’s approval.
Likhitha Infrastructure gains on order win
The shares of oil & gas pipeline firm rose over 2.4% intraday after the company announced that it has received an order worth ₹155.9 crore from BPCL. The order involves pipeline laying and HDD works for the Krishnapatnam-Hyderabad Multi Product Pipeline (KHPL) project.