Page 67 - Intelligence Group News Today

The stock of Larsen & Toubro has gained 11% over the past three months compared with the 7% gain in the S&P BSE Capital goods index. The outperformance of India’s largest infrastructure company is likely to sustain given the strong order flow and execution in the September quarter.

The promoter groups stake will fall to 63.5% after the IPO from 74.4%. The company focuses on customers in rural and semi-urban areas which contribute nearly two-thirds to the loan book

As India doubles down on local semiconductor design and manufacturing, the engineering major Larsen & Toubro (L&T) has announced to invest up to Rs 830 crore to build a fabless semiconductor chip design subsidiary which will ramp up the ...

VANCOUVER, British Columbia, Nov. 01, 2023 -- BIGG Digital Assets Inc. , a leading innovator in the digital assets space and owner of Netcoins, and Blockchain Intelligence Group and TerraZero is...

Leidos Holdings, Inc. (NYSE:LDOS) Q3 2023 Earnings Call Transcript October 31, 2023 Leidos Holdings, Inc. misses on earnings expectations. Reported EPS is $-2.91241 EPS, expectations were $1.64. Operator: Greetings. Welcome to Leidos’ Third Quarter 2023 Earnings Call. At this time, all participants are in listen-only mode. A brief question-and-answer session will follow the formal presentation. […]

In stark contrast to an exceptionally good September quarter, the Hindi film industry has faced a subdued start to the December quarter, with all 14 movies released in October failing to attract significant audiences to theaters. Notably, big studios and distributors largely refrained from investing in pre-release marketing and promotion, leaving moviegoers unaware of the titles.

Incidentally, most of the blockbuster unicorns that got listed during the Covid-19 pandemic such as Nykaa, Paytm and Zomato eventually dropped much below their listing prices. Only investors with a high risk appetite can consider this IPO.

The Islamic State terror group claimed credit for the New York City terror attack that left eight people dead and put Lower Manhattan on high alert this week.

Overseas funds pulled out $1.42 billion (₹12,000 crore) from power stocks between September 1 and October 15 - the highest among all sectors. These made up nearly half the total FPI outflow in this period, data from NSDL showed.

The company has 13 manufacturing facilities in India enabling it to manufacture 80% of its products in-house. It is currently setting up a glassware manufacturing facility in Rajasthan that will help decrease dependence on imports. Its diversified portfolio allows it to withstand demand fluctuations arising from seasonality.