Business

SBI to Indus Towers, Stocks to watch on July 23, 2024

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Suzlon Energy Ltd

Suzlon Energy Ltd. released its June quarter results, and its net profit tripled from the previous year to Rs 302 crore, supported by lower finance expenses. 

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Power Mech Projects

The base gross value of the tender granted for the construction of the Government Medical College & Hospital for Uttarakhand Pey Jal Nigam has been amended upward to Rs 594 crore.

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SBI Life

SBI Life purchased Rs 10 lakh shares (0.75% stake) in Can Fin Homes for Rs 827.94 per share.

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Indus Towers

The telco's shares will be closely watched on Tuesday, as global brokerage firm Citi maintained a strong outlook on the stock. 

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Gensol Engineering

Gensol Engineering won the bid for 116 MW (150 MWp) solar projects in Gujarat with an estimated EPC revenue of Rs 600 crore.

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Real Estate

 Home loan interest deduction increased to Rs 3 lakh from the current Rs 2 lakh. 

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