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Shares of Sona BLW Precision Forgings rose nearly 3% following the inauguration of its new driveline plant in Manesar, Haryana. This development aims to meet growing demand and boost production capacity. The company reported a 26.7% YoY net profit increase in Q1 FY25, with revenues rising 21.8%.
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Mazagon Dock Share Price: Shares of Mazagon Dock Shipbuilders fell by 5.3% ahead of a board meeting to discuss Q2 results, an interim dividend, and a potential stock split. The company has a dividend yield of 0.59% and has seen significant share price growth over the past year.
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City Union Bank shares surged 12.5% after reporting Q2 PAT growth of 1.6% and NII up 8.2%. Analysts have mixed ratings, with target prices ranging from Rs 165 to Rs 195.
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News and Media
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