GAGA Share Market News

[hfe_template id='11223'] [ad_1] KEC International shares will be in focus on Monday after the company secured new orders worth Rs 1,267 crore, taking its total year-to-date order intake to Rs 23,300 crore. The global infrastructure EPC major has won contracts across various businesses. According to a regulatory filing dated March 15, KEC has received orders for supplying various types of cables and conductors in India and abroad. It has also secured Notification of Awards (NOAs) and a comfort letter for transmission and distribution (T&D) projects, including 800 kV HVDC and 765 kV transmission line orders from Power Grid Corporation of India (PGCIL) and the supply of towers, hardware, and poles in the Americas. Vimal Kejriwal, MD & CEO, KEC International Ltd, said, “We are delighted with the substantial orders secured in our T&D business, particularly in the prestigious HVDC and 765 kV segments from PGCIL for green energy evacuation.” “These wins have furthe...

[hfe_template id='11223'] [ad_1] Shares of PSU company Hindustan Aeronautics (HAL) today surged 4% to an intraday high of Rs 4,246 on the BSE today after the company on Thursday reported a consolidated net profit of Rs 1,510 crore for the quarter that ended September 30, 2024, rising 22% over Rs 1,237 crore reported in the year-ago period. The revenue from operations stood at Rs 5,976 crore, gaining 6% over Rs 5,636 crore posted by the company in the corresponding quarter of the previous financial year. On a sequential basis, the profit after tax (PAT) was 5% higher over Rs 1,437 crore reported by the state-run defense company in Q1FY25. Meanwhile, revenue was up 37% on a quarter-on-quarter (QoQ) basis as against Rs 4,34,750 reported in the April-June quarter of FY25. Post the company’s Q2 update, domestic brokerage firm ICICI Securities gave a target price of Rs 5,170 on the stock while maintaining its ‘add’ rating on the same. “Taking cognisance of the delay in engines...