Shares of Andhra Pradesh-based firms continued surging despite muted headline indices. The rally, sparked by Chandrababu Naidu’s election win, saw companies like KCP surge up to 40% in four sessions. Andhra Cements led gains with 10%, followed by Nelcast at 5.6%. KCP gained 0.6%, Andhra Sugars rose 6.6%, and others like Crane Infrastructure and Laurus Labs also traded in green.
Q3 result sets stage for Tata Tech to finish the year well: Warren Harris
Tata Technologies secured four major contracts in Q3 and implemented salary increases, minimizing the 150 basis point impact. Despite a 1.5% decline in automated business,
January 22, 2025