Trending News: VBL Q2 Results: revenue rise 19.44% to 4805.00 and net profit rise 18.28% to 629.00 YoYOLECTRA Q2 Results: revenue rise 41.41% to 524.00 and net profit rise 60.42% to 48.00 YoYGMDCLTD Q2 Results: revenue rise 35.41% to 593.00 and net profit rise 41.41% to 128.00 YoYCHENNPETRO Q2 Results: revenue declined by 36.89% to ₹12,086.00 crore, and net profit declined by 288.49% to a loss of ₹634.00 crore YoY.Global Economic Outlook 2024: Policy Shifts, Regional Trends, and India’s Growth MomentumZENSARTECH Q2 Results: revenue rise 5.12% to 1308.00 and net profit decline -11.54% to 156.00 YoYAmber’s Q2 results show a 48.11% rise in revenue to ₹875.00 crore, while net profit declined by 150.00%, resulting in a loss of ₹12.00 crore YoY.ADANIGREEN Q2 Results: revenue rise 27.33% to 3055.00 and net profit rise 27.96% to 515.00 YoYSUPREMEIND Q2 Results: revenue rise 51.89% to 4799.00 and net profit decline -38.07% to 176.00 YoYZOMATO Q2 Results: revenue rise 40.65% to 4799.00 and net profit rise 79.55% to 176.00 YoYTrade setup for 23-oct-2024SRF Q2 Results: revenue rise 7.21% to 3424.00 and net profit decline -49.75% to 201.00 YoYMarket Summary for the 22-oct-2024Waaree Energies IPO allotment statusABFRL Q2 Results: revenue decline -186.10% to 1127.56 and net profit rise 7192.20% to 2.82 YoYPAYTM Q2 Results: revenue decline -51.75% to 1660.00 and net profit rise 131.40% to 930.00 YoYTrade Setup for 22-10-2024HFCL Q2 Results: revenue decline -1.55% to 1094.00 and net profit rise 4.11% to 73.00 YoYGarden Reach Shipbuilders closed at Rs. 1,805.00 (+2.29)% After ₹491 Crore Defence OrderRBI Bulletin – October 2024NELCO Q2 Results: revenue rise 7.15% to 82.55 and net profit decline -38.78% to 4.10 YoYCYIENTDLM Q2 Results: revenue rise 15.89% to 258.00 and net profit rise 54.55% to 11.00 YoYPNC Infratech Ltd Shares Plunge 20% Today: Key Factors Behind the DropDeepak Builders & Engineers India IPO DetailCGPOWER Q2 Results: revenue rise 17.03% to 2413.00 and net profit decline -10.00% to 220.00 YoYTATACONSUM Share Price Drops Following Q2 FY 24-25 Earnings ReleaseIndiaMART Faces Market Reaction: Share Price Drops Following Q2 FY 24-25 Earnings ReleaseTrade Setup for 21-Oct-2024MCX Q2 Rresults: revenue rise 45.53% to 257.00 and net profit rise 106.31% to 111.00 YoYWIPRO Q2 RESULT 2024-2025TECHM Q2 Results 2024-2025Gas allocation decision drag MGL & IGL share price down yesterday 18-Oct-2024Stock Market news for the day 18-Oct-2024Manappuram Finance’s stock crashed todayCompanies Results declare on 18-Oct-2024Hyundai Motor India IPO allotment statusWaaree Energies IPOCompanies Results declare on 16-Oct-2024News impact on companies 16-Oct-2024Companies Results declare on 15-Oct-2024New order news for companies on 15-Oct-2024Hyundai Motor India IPO Date, Review, Price Details
Tue. Oct 22nd, 2024
Trending News: VBL Q2 Results: revenue rise 19.44% to 4805.00 and net profit rise 18.28% to 629.00 YoYOLECTRA Q2 Results: revenue rise 41.41% to 524.00 and net profit rise 60.42% to 48.00 YoYGMDCLTD Q2 Results: revenue rise 35.41% to 593.00 and net profit rise 41.41% to 128.00 YoYCHENNPETRO Q2 Results: revenue declined by 36.89% to ₹12,086.00 crore, and net profit declined by 288.49% to a loss of ₹634.00 crore YoY.Global Economic Outlook 2024: Policy Shifts, Regional Trends, and India’s Growth MomentumZENSARTECH Q2 Results: revenue rise 5.12% to 1308.00 and net profit decline -11.54% to 156.00 YoYAmber’s Q2 results show a 48.11% rise in revenue to ₹875.00 crore, while net profit declined by 150.00%, resulting in a loss of ₹12.00 crore YoY.ADANIGREEN Q2 Results: revenue rise 27.33% to 3055.00 and net profit rise 27.96% to 515.00 YoYSUPREMEIND Q2 Results: revenue rise 51.89% to 4799.00 and net profit decline -38.07% to 176.00 YoYZOMATO Q2 Results: revenue rise 40.65% to 4799.00 and net profit rise 79.55% to 176.00 YoYTrade setup for 23-oct-2024SRF Q2 Results: revenue rise 7.21% to 3424.00 and net profit decline -49.75% to 201.00 YoYMarket Summary for the 22-oct-2024Waaree Energies IPO allotment statusABFRL Q2 Results: revenue decline -186.10% to 1127.56 and net profit rise 7192.20% to 2.82 YoYPAYTM Q2 Results: revenue decline -51.75% to 1660.00 and net profit rise 131.40% to 930.00 YoYTrade Setup for 22-10-2024HFCL Q2 Results: revenue decline -1.55% to 1094.00 and net profit rise 4.11% to 73.00 YoYGarden Reach Shipbuilders closed at Rs. 1,805.00 (+2.29)% After ₹491 Crore Defence OrderRBI Bulletin – October 2024NELCO Q2 Results: revenue rise 7.15% to 82.55 and net profit decline -38.78% to 4.10 YoYCYIENTDLM Q2 Results: revenue rise 15.89% to 258.00 and net profit rise 54.55% to 11.00 YoYPNC Infratech Ltd Shares Plunge 20% Today: Key Factors Behind the DropDeepak Builders & Engineers India IPO DetailCGPOWER Q2 Results: revenue rise 17.03% to 2413.00 and net profit decline -10.00% to 220.00 YoYTATACONSUM Share Price Drops Following Q2 FY 24-25 Earnings ReleaseIndiaMART Faces Market Reaction: Share Price Drops Following Q2 FY 24-25 Earnings ReleaseTrade Setup for 21-Oct-2024MCX Q2 Rresults: revenue rise 45.53% to 257.00 and net profit rise 106.31% to 111.00 YoYWIPRO Q2 RESULT 2024-2025TECHM Q2 Results 2024-2025Gas allocation decision drag MGL & IGL share price down yesterday 18-Oct-2024Stock Market news for the day 18-Oct-2024Manappuram Finance’s stock crashed todayCompanies Results declare on 18-Oct-2024Hyundai Motor India IPO allotment statusWaaree Energies IPOCompanies Results declare on 16-Oct-2024News impact on companies 16-Oct-2024Companies Results declare on 15-Oct-2024New order news for companies on 15-Oct-2024Hyundai Motor India IPO Date, Review, Price Details
Tue. Oct 22nd, 2024

PNC Infratech Ltd Shares Plunge 20% Today: Key Factors Behind the Drop

NSE:PNCINFRA : Rs.366.80 (-20.00%)

Shares of PNC Infratech Ltd. dropped by as much as 20% on Monday, October 21, after the company and its two subsidiaries were disqualified by the Ministry of Road Transport & Highways. The disqualification, announced on Saturday, bars them from participating in any ministry tender process for one year, starting October 18, 2024.

In a filing to the stock exchange, PNC Infratech confirmed the ban, which applies to the company and its subsidiaries, PNC Khajuraho Highways Pvt. Ltd. and PNC Bundelkhand Highways Pvt. Ltd. They were summoned by the ministry for a personal hearing on October 18, in connection with an FIR and charge sheet filed by the CBI in June and August of this year.

The company stated that the disqualification will not affect ongoing development, construction, or operations and maintenance activities. However, the impact on other operations is being assessed and will be communicated later.

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    RESULTS

    VBL Q2 Results: revenue rise 19.44% to 4805.00 and net profit rise 18.28% to 629.00 YoY
    RESULTS

    OLECTRA Q2 Results: revenue rise 41.41% to 524.00 and net profit rise 60.42% to 48.00 YoY
    RESULTS

    GMDCLTD Q2 Results: revenue rise 35.41% to 593.00 and net profit rise 41.41% to 128.00 YoY
    RESULTS

    CHENNPETRO Q2 Results: revenue declined by 36.89% to ₹12,086.00 crore, and net profit declined by 288.49% to a loss of ₹634.00 crore YoY.
    ECONOMY GLOBAL

    Global Economic Outlook 2024: Policy Shifts, Regional Trends, and India’s Growth Momentum
    RESULTS

    ZENSARTECH Q2 Results: revenue rise 5.12% to 1308.00 and net profit decline -11.54% to 156.00 YoY