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Tata Technologies' shares rose by 1.7% to Rs 1,016.85 on BSE after reporting a 2% decline in net profit to Rs 157 crore for Q2 FY24. Revenue increased by 2% to Rs 1,296 crore, with EBITDA rising 10%, improving margins to 18.2%. The company maintains a strong order book and expects better performance in H2 FY24.
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Suzlon Energy's shares surged 4% after reporting a 96% YoY increase in net profit for Q2FY25. The company's revenue grew by 48% to Rs 2,093 crore, while EBITDA rose 31% to Rs 294 crore. Suzlon also secured India's largest wind energy order of 1,166 MW from NTPC.
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News and Media
Infinite money glitch allowed the withdrawal of funds from cheques before they were cleared by the bank.
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News and Media
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