Mahindra Group's market capitalization surpassed ₹6 lakh crore after Mahindra & Mahindra's 5% stock surge, driven by optimism on festive demand and strong sales growth prospects in its automotive and farm equipment segments. Mahindra Group's market value has risen 47% in 2024, led by Mahindra & Mahindra's 71% rally.
Open FlipNHPC Ltd has declared Patel Engineering Limited (PEL) as L1 for a Rs 240.02 crore contract for the works involving modification of diversion tunnel into tunnel spillway arrangement. The company has a market cap of Rs 4,930 crore and has ROE of 7.5 per cent. The stock has given more than more than 480 per cent multibagger returns in the last five years.
Open FlipDev Information Technology Ltd has been awarded another order from RajCOMP Info Services Ltd. The order is to be executed within approximately 24 months, with a broad consideration or size of approximately Rs 1 crore. According to the shareholding pattern of the company, the promoters hold a significant 70.20 per cent stake. Public investors own 29.80 per cent of the shares.
Open Flip