Mon, Jun 17, 2024 6:19 PM
Privacy app maker Proton transitions to non-profit foundation structure
A Flip by Riya Sharma
ITD Cementation India Ltd has secured a marine contract worth approximately ₹1,082 crore, including taxes and duties, for constructing a third berth (jetty) and additional works at Dahej LNG terminal in Gujarat. The company expects an order inflow of ₹8,000-10,000 crore in FY25 and has an order book of over ₹7,000 crore. Its gross debt is ₹860 crore and net debt is ₹400 crore.
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Continuing their bull run for the fourth straight day, shares of Raymond crossed the ₹3,000 mark for the first time in today's intraday trade to hit another fresh all-time high of ₹3,030 apiece by gaining 9%. Remarkably, the stock achieved this milestone in just 10 weeks after crossing the ₹2000 mark. Revenue from Raymond's real estate division has shown consistent growth quarter over quarter.
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Despite Pool Corp.'s lowered earnings outlook due to decreased demand for backyard swimming pools, consumers are actually shifting spending habits from goods to services, such as travel and leisure. Shares of Carnival Corp. rose 9.88% after the company raised its earnings forecast due to record-setting demand for cruises.
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