Today’s top morning headlines - 3rd July 2024

Top gainer: Tata Consumer 1,145.00 ▲ 40 (+3.6%)
Top loser: TCS 3,962 ▼ 55 (-1.3%)

:star: KEC International shares soar nearly 8% on securing large orders
KEC International has secured an order for ₹1,017 crore across two of its verticals. The news drove the company’s share price more than 5% higher to a new 52-week high of Rs 968.20 in early trading on July 3. The company says it is currently executing infrastructure projects in 30+ countries and has a footprint in 110+ countries. Read more

:star: GPT Infraprojects stock trade ex-bonus today
GPT Infraprojects announced a 1:1 bonus share issuance when it released its March quarter results in May. This meant that existing shareholders were supposed to receive one bonus share in their Demat accounts for each share they held in the company. On Wednesday, the GPT Infraprojects stock jumped as much as 4% after the stock started trading ex-bonus. Read more

:star: M&M Financial shares drop nearly 5% on muted growth in June disbursements
The Mahindra Finance stock declined as much as 4.6% in trade on Wednesday to hit an intraday low of ₹288.6 apiece on the National Stock Exchange of India (NSE). However, the stock later erased most of the losses to trade 0.45% lower at ₹301 by 1:00 pm. Read more