The Indian stock market experienced a significant decline on Friday, August 2, 2024. The BSE Sensex fell by 885.6 points (1.08%) to close at 80,981.95, while the Nifty 50 dropped by 256.7 points (1.03%) to settle at 24,761. The Indian stock market faced a sell-off due to a sharp decline in global markets. The US Read more: Stock Market decline today due to global market sell-off, amid weak global cues..
Tata Motors Q1 FY25 results have exceeded expectations, with a net profit of Rs 5,566 crore, a substantial 74% increase compared to the same period last year. This figure surpassed analyst estimates, demonstrating the company’s robust performance in the first quarter. The actual results exceeded analyst expectations, particularly in terms of net profit growth, which Read more: Tata Motors Q1 FY25 reports net profit boosts 74% YoY and exceeded expectations..
NHPC (National Hydroelectric Power Corporation) has signed a Power Purchase Agreement (PPA) worth Rs 846.66 crore with Gujarat Urja Vikas Nigam Limited (GUVNL) for a 200 MW capacity solar power project. The project will be located within the Gujarat State Electricity Corporation Limited (GSECL)’s renewable energy park at Khavda (GSECL Stage-3). Key points: PPA Value: Read more: NHPC signs Power Purchase Agreement value Rs 846.66 crore with GUVNL – NSE: NHPC Stock to Watch..