Reliance Infra shares hit 5% upper circuit as subsidiary partners with Dassault Aviation to manufacture Falcon 2000 jets
Published 18 Jun 2025, 02:10 PM IST Mint Image
Reliance Infra shares hit 5% upper circuit as subsidiary partners with Dassault Aviation to manufacture Falcon 2000 jets in India
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Business Standard
7 hours ago
- Business Standard
Barometers end with major gains; Nifty settles above 24,550 mark
The key equity indices ended with significant gains today as investors engaged in bargain buying. Market participants will closely track crude oil prices and FII activity, while awaiting key economic data releases, including WPI, CPI, and trade balance, scheduled for later this week. The Nifty closed above 24,550 mark. Barring consumer durable shares all sectoral indices on the NSE ended in the green. As per provisional closing data, the barometer index, the S&P BSE Sensex jumped 746.29 points or 0.93% to 80,604.08. The Nifty 50 index advanced 221.75 points or 0.91% to 24,585.05. In the broader market, the S&P BSE Mid-Cap index rose 0.79% and the S&P BSE Small-Cap index added 0.35%. Market breadth was positive. On the BSE, 2,248 stocks fell, 1,918 advanced, while 171 remained unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 1.53% to 12.22. IPO Update: The initial public offer (IPO) of All Time Plastics received bids for 4,66,16,742 shares as against 1,05,46,297 shares on offer, according to stock exchange data at 15:20 IST on Monday (11 August 2025). The issue was subscribed 4.42 times. The initial public offer (IPO) of JSW Cement received bids for 88,23,09,384 shares as against 18,12,94,964 shares on offer, according to stock exchange data at 15:20 IST on Monday (11 August 2025). The issue was subscribed 4.87 times. The initial public offer (IPO) of Bluestone Jewellery and Lifestyle received bids for 61,10,561 shares as against 1,65,14,421 shares on offer, according to stock exchange data at 15:20 IST on Monday (11 August 2025). The issue was subscribed 0.39 times. Buzzing Index: The Nifty PSU Bank index fell 2.11% to 874.15. The index dropped 0.41% in the past trading session. Indian Bank (up 3.6%), Union Bank of India (up 2.91%), Punjab National Bank (up 2.49%), State Bank of India (up 2.47%), Bank of India (up 2.34%), Bank of Baroda (up 1.98%), Canara Bank (up 1.49%), Punjab & Sind Bank (up 0.89%), Indian Overseas Bank (up 0.53%) and Central Bank of India (up 0.28%) surged. Stocks in Spotlight: Tata Motors rallied 3.22%. The company reported a 62.7% decline in consolidated net profit to Rs 3,924 crore in Q1 FY26 compared with Rs 10,514 crore in Q1 FY25. Revenue from operations fell 2.5% YoY to Rs 1,03,792 crore in Q1 FY26, with performance impacted by volume decline in all businesses and a drop in profitability primarily at JLR. Bajel Projects hit a lower circuit of 5% after the company reported consolidated net profit fell 46.37% to Rs 2.96 crore in Q1 FY26 as against Rs 5.52 crore posted in Q1 FY25. However, revenue from operations rose 18.91% YoY to Rs 601.36 crore in the quarter ended 30 June 2025. Power Mech Projects advanced 1.72% after the company reported a 30.5% surge in consolidated net profit to Rs 80.55 crore, while revenue from operations rose 28.4% to Rs 1,293.41 crore in Q1 FY26 over Q1 FY25. Yatra Online hit upper circuit of 20% after the company reported a consolidated net profit of Rs 16 crore in Q1 FY26, which is significantly higher as compared with PAT of Rs 4.04 crore recorded in Q1 FY25. Revenue from operations surged 108.1% YoY to Rs 209.81 crore in Q1 June 2025. PG Electroplast tumbled 12.72% after the companys consolidated net profit fell 19.97% to Rs 66.98 crore in Q1 FY26 as against Rs 83.70 crore posted in Q1 FY25. Despite the fall in profit, revenue from operations rose 13.86% year-on-year (YoY) to Rs 1,503.85 crore for the quarter ended 30 June 2025. Voltas fell 4.86% after the companys consolidated net profit tanked 57.97% to Rs 140.46 crore in Q1 FY26, compared with Rs 334.23 crore in Q1 FY25. Total income slipped 19.60% year on year to Rs 4,020.65 in the first quarter of FY26. Larsen & Toubro (L&T) advanced 1.71% after the company announced that it has secured an ultra-mega contract from Adani Power for setting up eight thermal power units, with the total new capacity adding up to 6,400 MW. Global Markets: Most European stocks declined on Monday while Asia markets ended higher as investors awaited official announcement on changes to the August 12 deadline for the trade truce between the U.S. and China. This week trade and geopolitics will take centre stage with the looming U.S. tariff deadline on China due to expire on Tuesday and markets are expecting that this will get extended again. Further, President Donald Trump and Russian leader Vladimir Putin are due to meet in Alaska on Friday to discuss Ukraine. On Wall Street, the Nasdaq Composite ended last week at fresh closing highs, and the S&P 500 closed on the threshold of another milestone. The Dow also finished the week on a high note. A rally in Apple which has been a significant laggard this year helped bolster the market. The Dow Jones Industrial Average rose 206.97 points, or 0.47%, to 44,175.61, the S&P 500 gained 49.45 points, or 0.78%, to 6,389.45 and the Nasdaq Composite gained 207.32 points, or 0.98%, to 21,450.02.
Business Standard
9 hours ago
- Business Standard
Benchmarks trade in positive terrain; realty shares witness bargain hunting
The key equity indices traded with significant gains in mid-morning trade. The Nifty scaled above the 24,450 mark. Market participants awaited for economic data releases, including WPI, CPI and trade balance, scheduled for later this week. Realty shares advanced after declining in the past four consecutive trading sessions. At 11:25 IST, the barometer index, the S&P BSE Sensex advanced 305.87 points or 0.38% to 80,163.66. The Nifty 50 index added 101.15 points or 0.42% to 24,466.10. In the broader market, the S&P BSE Mid-Cap index rose 0.17% and the S&P BSE Small-Cap index fell 0.21%. The market breadth was negative. On the BSE, 1,898 shares rose and 2,020 shares fell. A total of 194 shares were unchanged. IPO Update: The initial public offer (IPO) of All Time Plastics received bids for 1,90,83,816 shares as against 1,05,46,297 shares on offer, according to stock exchange data at 11:25 IST on Monday (11 August 2025). The issue was subscribed 1.81 times. The initial public offer (IPO) of JSW Cement received bids for 14,92,91,994 shares as against 18,12,94,964 shares on offer, according to stock exchange data at 11:25 IST on Monday (11 August 2025). The issue was subscribed 0.82 times. The initial public offer (IPO) of Bluestone Jewellery and Lifestyle received bids for 5,57,032 shares as against 1,65,14,421 shares on offer, according to stock exchange data at 11:25 IST on Monday (11 August 2025). The issue was subscribed 0039 times. Buzzing Index: The Nifty realty index added 0.85% to 9,208. The index declined 4.16% in the past four trading session. Brigade Enterprises (up 1.91%), Lodha Developers (up 1.74%), Oberoi Realty (up 1.29%), Phoenix Mills (up 1.02%) and Sobha (up 0.89%), Anant Raj (up 0.83%), DLF (up 0.82%), Prestige Estates Projects (up 0.64%), Godrej Properties (up 0.28%) surged. Stocks in Spotlight: Lupin rose 0.90% after the company announced the launch of Glucagon for Injection USP, 1 mg/vial, packaged in an emergency kit, in the United States. Lemon Tree Hotels rose 0.14% after the company reported a 93.49% surge in consolidated net profit to Rs 38.33 crore, while revenue from operations rose 17.82% to Rs 315.77 crore in Q1 FY26 over Q1 FY25. Global Markets: Markets in Asia traded higher on Monday as investors awaited official announcement on changes to the August 12 deadline for the trade truce between the U.S. and China. This week trade and geopolitics will take centre stage with the looming U.S. tariff deadline on China due to expire on Tuesday and markets are expecting that this will get extended again. Further, President Donald Trump and Russian leader Vladimir Putin are due to meet in Alaska on Friday to discuss Ukraine. On Wall Street, the Nasdaq Composite ended last week at fresh closing highs, and the S&P 500 closed on the threshold of another milestone. The Dow also finished the week on a high note. A rally in Apple which has been a significant laggard this year helped bolster the market. The Dow Jones Industrial Average rose 206.97 points, or 0.47%, to 44,175.61, the S&P 500 gained 49.45 points, or 0.78%, to 6,389.45 and the Nasdaq Composite gained 207.32 points, or 0.98%, to 21,450.02.
News18
11 hours ago
- News18
‘More Power To Her': Vada Pav Vendor With No Formal Education Speaks 5 Languages
Last Updated: The woman has been selling vada pav for 11 years and speaks five languages, including Marathi, Hindi, Gujarati, Telugu, and English. Street food is a major hit among many across the country, but have you ever paused to consider the lives of the vendors who keep these businesses running despite tough conditions? A LinkedIn post by a Mumbai-based woman has gone viral, sharing the inspiring story of her mother, who has been running a vada pav shop outside BMC Hospital for the past 11 years. What makes her story even more remarkable is that she sells vada pav while speaking five different languages. The post was shared by Ishika Dhanmeher, who revealed that her mother faced many challenges in the beginning. Her stall was destroyed, items were stolen, and hospital staff even tried to stop her. Many people doubted her simply because she was a woman striving to succeed on her own. Commending her mother's spirit, she wrote, 'But she didn't stop. She didn't complain. She proved her food was hygienic. She told them it's all made at home, by her. And slowly, she made them love her." Street Vendor Speaks 5 Languages: Marathi, Hindi, Gujarati, Telugu And English Ishika believes that one of her mother's unique qualities is her ability to connect with others. She shared that the elderly woman speaks five languages (Marathi, Hindi, Gujarati, Telugu, and some English), despite never having received a formal education. She added, 'She's sharp. She never stops smiling. And she loves what she does." Ishika Dhanmeher also states that her mother treats everyone with kindness. She listens, speaks, and understands people in the language that they are most comfortable with. She added, every time she visits her stall, she observes people who are thrilled to talk to her as if they were meeting an old friend. Internet Praises The Vendor's Strength The LinkedIn post captivated many people who admired the mother's resilience and ability to communicate across languages. A user wrote, 'Such a cute post…… very overwhelming… would really love to meet your mom someday." Another person said, 'Just heartwarming read. More power to her." One more added, 'Now, I just want to visit and meet the aunty. She literally did a great thing; hats off, Aunty!" 'This highlights the power of a positive attitude in bringing ideas to life. Kudos to your mother Ishika," another comment read. What are your thoughts on this? tags : Mumbai woman view comments Location : Delhi, India, India First Published: August 11, 2025, 12:18 IST News viral 'More Power To Her': Vada Pav Vendor With No Formal Education Speaks 5 Languages Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
