Indian Stocks Market Sensex, Nifty end lower amid volatility; financials drag. Sensex down by 66.95 points to 52,482.71. The Nifty down by 26.95 points to 15,721.50.
Indian rupee ended near the day’s high at 74.34.
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NBCC: The State-owned construction company NBCC has bagged a project worth Rs 206 crore from Odisha Hydro Power Corporation Ltd.
Tata Motors: The company has bagged an order for 15 hydrogen-based fuel cell buses from the Indian Oil Corporation Limited (IOCL). The auto major noted that IOCL had invited bids for supply of the hydrogen-based proton exchange membrane (PEM) fuel cell buses in December 2020.
Vindhya Telelink: The company reported a sharp jump in consolidated profit at Rs 116.04 crore in Q4 FY21 against Rs 38.26 crore in Q4 FY20. Its revenue jumped to Rs 556.56 crore from Rs 459.08 crore YoY.
Lupin: The company has received tentative approval from the United States Food and Drug Administration (FDA) under the US President’s Emergency Plan for AIDS Relief (PEPFAR) for its New Drug Application for Dolutegravir, Lamivudine and Tenofovir Disoproxil Fumarate (TLD) Tablets.
Indiabulls Housing Finance: The company’s board has approved a proposal to raise over Rs. 7,000 crore through various means. This includes USD 275 million (Rs. 2,043.43 crore) by issuing equity shares or other instruments.