Ashoka Buildcon’s shares gained attention after securing EPC contracts worth Rs 1,738 crore. Key projects include an elevated road in Mumbai and two creek bridges. The company’s Q1 FY25 standalone net profit grew by 148% with a 22% YoY income rise. Shares have surged 73% in 2024, with a market cap of Rs 6,646 crore.
Anthropic pre-IPO credit facility set to climb past $10 billion
Anthropic is broadening its revolving credit facility past the initial target to prepare for its much-anticipated initial public offering. Multiple banks are looking to partake