Stocks in the news
REC: Subsidiary received a 10 MW solar power project order in Rajasthan.
National Aluminium Company: Q1 profit at Rs 16.7 crore versus Rs 98 crore, revenue at Rs 1,380.6 crore versus Rs 2,084.1 crore YoY.
IDFC First Bank: Rajiv Lall resigned as non-executive chairman of the bank.
PSU banks: Moody's cuts deposit ratings of Bank of Baroda, Bank of India, Canara Bank and Union Bank of India to Ba1 and revised PNB's rating outlook to 'Negative' from 'Stable'.
Endurance Technologies: Based on an eligibility certificate from the Maharashtra government, the company is entitled to a cumulative incentive of Rs 466.39 crore under the package scheme of incentives. Of the eligible incentive, the company already accounted for Rs 128.93 crore until the June 30.
Jubilant Industries approved sale of land and building of manufacturing unit at Nimbut, Pune for Rs 12.35 crore, and plant and machinery for Rs 0.95 crore to Jubilant Life Sciences.
Repco Home Finance: Q1 profit at Rs 69.50 crore versus Rs 67.44 crore, revenue at Rs 337.71 crore versus Rs 328.15 crore YoY
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