Tue, Mar 22, 2022 5:54 PM
Infosys to purchase Germany-based oddity for €50 million
A Flip by Flipitnews
Mishra Dhatu Nigam, which manufactures superalloys, titanium, special-purpose steel, and other special metals, has announced a significant order received by the company. Per press release, the company has received an order worth Rs 139 crore. After this, the cumulative order book stands at Rs 1830 cr. The customer details from which it has received the order are not revealed by the company.
Open Flip
The company witnessed significant growth in both domestic and export markets compared to the same period last year. Today, the shares of Bajaj Auto Limited zoomed by 0.62 per cent. The company's current market capitalization standing at Rs 2,56,287.02 crore. On Friday, the stock opened at Rs 9,115.85, with the previous closing being Rs 9,103.80.
Open Flip
The Nifty 50 has been marching higher to new peaks in recent sessions on the back of sustained flow of domestic funds, strong macro conditions and the Q4 earnings season. In such a setup, Motilal Oswal Financial Services chalked out five sectors, retail private banks, automobile, telecom and media, as those that are still trading at a discount to their historical long-period averages.
Open Flip
