Top gainer: Hero Motocorp 5,307 ▲ 100 (+1.9%)
Top loser: NTPC 400 ▼ 9 (-2.3%)
Godrej Properties acquires 90 acre land parcel in Maharashtra for residential project
Godrej Properties Limited has acquired a 90-acre parcel of land in the Raigad district of Maharashtra for a residential project. In a filing to the stock exchanges on August 12, the company said that it had acquired a 90-acre land parcel in the Khalapur area of Raigad district in Maharashtra. The reality firm said that the property is close to Karjat Khopoli Road and has a potential of about 1.7 million square feet of residential plotted development. Read more
Wipro shares gain nearly 2% on collaboration with Cyble for AI-driven risk management solutions
Shares of Wipro Limited gained 1.87% to hit an intraday high of ₹496.45 apiece on NSE during the early deals on August 9 after the company announced a partnership with US-based Cyble for cybersecurity risk management solutions. In a filing to the stock exchange, the IT company said that it has partnered with Cyble, a pioneer in AI-powered threat intelligence, to improve enterprise cybersecurity risk management through AI-driven solutions. Read more
JSW Steel up 1.2% after company reports 12.66% growth in consolidated crude steel production
JSW Steel’s shares rose over 1% on Friday to ₹898.45 after the company announced a 9% year-on-year (YoY) growth in total combined volumes to 22.15 lakh tonnes for the month of July 2024. The company’s India operations saw 13% YoY growth to 21.40 lakh tonnes. Meanwhile, JSW Steel USA – Ohio’s steel production came in at 0.75 lakh tonnes compared to 0.67 lakh tonnes in the corresponding period last year. JSW Steel’s consolidated crude steel production for July 2024 grew by 12.66% YoY to 22.15 lakh tonnes. Read more