Top gainer: Grasim 2,744.25 ▲ 59 (+2.2%)
Top loser: Dr. Reddy’s Laboratories 6,974 ▼ 88 (-1.2%)
L&T Technology Services expands collaboration with Thales to help customers monetise their software
L&T Technology Services (LTTS) said on Wednesday it has expanded its collaboration with global technology and security provider Thales with the new contract set to bring Thales’s software monetisation platform, Thales Sentinel, to LTTS’ customer base, especially in the high-tech, sustainability and mobility segments. Shares of LTTS were trading over 1% higher on Thursday morning following the announcement. Read more
Aarti Drugs zooms 12% ahead of board meet to consider share buyback
Shares of Aarti Drugs Ltd rallied more than 12% to hit an intraday high of ₹599 apiece on the NSE on Thursday, August 22, after the company announced the date for its board of directors’ meeting to consider a share buyback. Aarti Drugs informed the exchanges on August 21 in a filing that a meeting of the company’s board of directors is scheduled for August 26, 2024. The board will consider the proposal to buy back fully paid-up equity shares of face value ₹10 each, which was announced last month. Read more
Ola Electric sees profit booking, shares down over 3%
Ola Electric shares were trading lower on Thursday, as investors booked profits after the stock doubled from its issue price. The scrip was trading 3.5% lower at ₹133.2 apiece on the National Stock Exchange. Shares of the electric two-wheeler maker made their market debut on August 9. From the issue price of ₹76, the stock is currently up 75.2%. It had hit an all-time high of ₹157.4 on Tuesday, August 20. Read more