Mumbai: PNB Housing Finance, Mahindra & Mahindra, Interglobe Aviation (IndiGo), NBCC, Swiggy, and Aayush Wellness are in news on November 4, 2024 (Wednesday) for several reasons. It may be noted that Aayush Wellness stock has delivered multi-bagger returns to investors over the past year by rallying over 5000 per cent.
The stock market indices, BSE Sensex and NSE Nifty rallied for the third day propelled by buying in blue-chip stocks and firm global peers. Major gainers included, Adani Ports, Tata Motors, HDFC Bank, State Bank of India, Larsen & Toubro, NTPC, Axis Bank, UltraTech Cement, and Reliance Industries.
PNB Housing Finance share price
With focus on the affordable segment, PNB Housing Finance aims to expand its loan book size to Rs 5,000 crore by the end of the current financial year. The mortgage lender closed the loan book under the affordable segment called ‘Roshini’ at Rs 3,000 crore at the end of the second quarter of FY’25.
Mahindra & Mahindra & IndiGo share price
Mahindra & Mahindra on Tuesday said it is in discussions with InterGlobe Aviation, which owns IndiGo airlines, to find an amicable solution regarding a trademark issue over the use of “6e” in its all-new electric model. The automaker, which introduced two electric brands — BE 6e and XEV 9e — earlier this month, said its trademark ‘BE 6e’ differs from IndiGo’s ‘6E’, eliminating any risk of confusion.
NBCC share news
State-owned NBCC Ltd on Tuesday said it has bagged work order of Rs 213 crore from Motilal Nehru College in Delhi University. NBCC and Motilal Nehru College, University of Delhi, have signed a Memorandum of Understanding (MoU) for the development of various infrastructure works at the college, with a total project value of Rs 213 crore, the company said in a statement.
Swiggy share price
Food and grocery delivery platform Swiggy on Tuesday reported narrowing of consolidated net loss at Rs 625.53 crore for the second quarter ended September 30 on the back of continued growth of food delivery business. The company, which is declaring its quarterly results to stock exchanges for the first time since it went public last month, had posted a consolidated net loss of Rs 657 crore in the year-ago period.
Aayush Wellness share price
Aayush Wellness Limited share price expected to be in focus after Mauritius-based global investment firm, Nexpact Limited, acquired a stake in the company. The stock has delivered 5,280 Percent returns to investors over the past year.
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Stocks in News Today: PNB Housing Finance targets loan expansion, while Mahindra & Mahindra addresses a trademark dispute with IndiGo. NBCC secures a large contract, Swiggy reports narrowing losses, and Aayush Wellness sees increased investor interest following a substantial stake acquisition. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today