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Psu connect media
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Psu connect media
PSU Shares on low gains, Railway and PSB stocks to focus on revenue growth

“Shares of railway PSU stocks like Rail Vikas Nigam Ltd. and Ircon International Ltd. are witnessing a bout of profit booking…”

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https://www.psuconnect.in/news/psu-shares-on-low-gains-railway-and-psb-stocks-to-focus-on-revenue-growth/45090
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PSU Shares on low gains, Railway and PSB stocks to focus on revenue growth
Shares of railway PSU stocks like Rail Vikas Nigam Ltd. and Ircon International Ltd. are witnessing a bout of profit booking. These stocks are down by 7% and 6%, respectively, on Friday, November 8. RVNL's net profit for the second quarter fell by 27% from…
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IRCON Q2 results, stock impacts by 4.4% fall, profit down 18% YoY, revenue and margin declines...
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https://www.psuconnect.in/news/ircon-q2-results-stock-impacts-by-4.4-fall-profit-down-18-yoy-revenue-and-margin-declines/45089

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IRCON Q2 results, stock impacts by 4.4% fall, profit down 18% YoY, revenue and margin declines
IRCON International Ltd, a major player in railway construction, announced its second-quarter results after the market closed on Thursday. For Q2, the company reported a net profit of Rs 206 crore, which is down 17.8% year-on-year from Rs 250.7 crore in the…
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NHPC Q2 results, shares fell by 5%, reported 37% decline in consolidated net profit….

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NHPC Q2 results, shares fell by 5%, reported 37% decline in consolidated net profit
Shares of the state-owned hydropower company NHPC fell by 4.95%, trading at Rs 80.34 per share on the BSE after the company announced a decline in net profits for the second quarter of the financial year 2024-25 (Q2 FY25). NHPC reported a 37% drop in its…
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SAIL shares plummets over 6% amid weak Q2FY25 results; PAT falls by 31%....

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https://www.psuconnect.in/news/sail-shares-plummets-over-6-amid-weak-q2fy25-results-pat-falls-by-31-revenue-down-17/45088

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SAIL shares plummets over 6% amid weak Q2FY25 results; PAT falls by 31%
Steel Authority of India (SAIL) experienced a 6.7% drop in share price on the Bombay Stock Exchange (BSE) on Friday, November 8, hitting an intraday low of Rs 115 per share. This decline followed the company's announcement of disappointing results for the…
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Cochin Shipyard Q2: Shares dropped 5% to hit the lower circuit...

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https://www.psuconnect.in/news/cochin-shipyard-q2-fy2025-results/45093
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Cochin Shipyard Q2: Shares dropped 5% to hit the lower circuit
Shipbuilder PSU Cochin Shipyard shares dropped 5% to hit the lower circuit at Rs 1,449.40 per share on Friday, November 08, 2024. The Share drop came after the company’s earnings before interest, tax, depreciation, and amortization (Ebitda) margin contracted…
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Navratna PSU secures major order

“State-owned RailTel Corporation of India Ltd. has received the work order from the Employees Provident Fund Organisation for Supply…”

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https://www.psuconnect.in/news/this-navratna-psu-secures-major-order-/45095

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Navratna PSU secures major order
State-owned RailTel Corporation of India Ltd. has received the work order from the Employees Provident Fund Organisation for Supply and Services amounting to Rs. 170 crores (Including Tax) for the Creation of Infra for EPFO. The deadline to meet the project…
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Tata Power completes final acquisition of Paradeep Transmission....

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https://www.psuconnect.in/news/tata-power-completes-final-acquisition-of-paradeep-transmission/45094

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Tata Power completes final acquisition of Paradeep Transmission
Tata Power has finalized the acquisition of Paradeep Transmission Ltd from PFC Consulting Ltd, the bid process coordinator. Paradeep Transmission Ltd was established on November 30, 2024, as a wholly-owned subsidiary of PFC Consulting Ltd, intended to manage…
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Coal Ministry Launches New Module for Faster Mine Approvals

“The Coal Ministry has launched the Mine Opening Permission module on the Single Window Clearance System (SWCS) portal…”

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https://www.psuconnect.in/news/coal-ministry-launches-new-module-for-faster-mine-approvals/45096
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Coal Ministry Launches New Module for Faster Mine Approvals
The Coal Ministry has launched the Mine Opening Permission module on the Single Window Clearance System (SWCS) portal in line with the vision of Vikshit Bharat.

Secretary, Ministry of Coal, Shri Vikram Dev Dutt, inaugurated the new module on 7th November…
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SBI Q2 results, Gross NPA improves by 42 bps, net profit up 28%

“State Largest Public Lender SBI has announced the Second Quarter results of FY25 where Net Profit for Q2FY25 stands at Rs 18,331…”

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https://www.psuconnect.in/news/sbi-q2-results-gross-npa-improves-by-42-bps-net-profit-up-28/45098
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SBI Q2 results, Gross NPA improves by 42 bps, net profit up 28%
State Largest Public Lender SBI has announced the Second Quarter results of FY25 where Net Profit for Q2FY25 stands at Rs 18,331 crores registering a growth of 27.92% YoY. The Operating Profit for Q2FY25 grew by 50.87% YoY to Rs 29,294 crores. Meanwhile,…
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PFC Registered highest ever quarterly Profit in Q2 FY25, declared dividend

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https://www.psuconnect.in/news/power-finance-corporation-q2-results-and-dividend-declared-fy25/45102
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PFC Registered highest ever quarterly Profit in Q2 FY25, declared dividend
New Delhi: Power Finance Corporation (PFC), a leading Indian public sector undertaking engaged in financing power projects today announced its second quarter financial results and PFC Board also declared the interim dividend for the financial year 2024-2025.…
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Oil India Ltd, Vedanta, Hindustan Zinc among top bidders in mineral auctions

“On Thursday, the Ministry of Mines announced the preferred bidders for eight critical mineral blocks awarded in the fourth round of auctions….”

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https://www.psuconnect.in/news/vedanta-oil-india-hindustan-zinc-among-top-bidders-in-mineral-auctions/45101

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Oil India Ltd, Vedanta, Hindustan Zinc among top bidders in mineral auctions
On Thursday, the Ministry of Mines announced the preferred bidders for eight critical mineral blocks awarded in the fourth round of auctions. The companies that secured these blocks include Hindustan Zinc Limited, Vedanta, Oil India, Orissa Metaliks, and…
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BSE Chairman Pramod Agrawal resigns

“Pramod Agarwal, BSE Chairman and Public Interest Director has resigned from his position effective November 8…”

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https://www.psuconnect.in/news/bse-chairman-pramod-agrawal-resigns/45103
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BSE Chairman Pramod Agrawal resigns
New Delhi: Pramod Agarwal, BSE Chairman and Public Interest Director has resigned from his position effective November 8, 2024. Pramod Agrawal who has served in Coal India as the chairman quit the position suddenly, However according to the official release…
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Watch NTPC Limited India’s leading integrated energy company, celebrate its 50th Raising Day

Watch Here: https://youtu.be/xWB-7quxaUg

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#NTPC Ltd., India’s leading integrated energy company, celebrated its 50th Raising Day
NTPC’s 50th Raising Day celebrated its legacy and set the stage for future achievements, solidifying its commitment to meet India’s growing energy needs and contribute to a sustainable, low-carbon future. The Golden Jubilee stands as a testament to NTPC’s…
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Bharat Electronics Ltd shares may revive, secures order worth Rs 500 crore

“Navratna Defense Public Sector Undertaking, Bharat Electronics Limited (BEL) has secured additional orders of more than Rs.500 Cr…”

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https://www.psuconnect.in/news/bel-secures-additional-orders-of-more-than-rs-500-crore/45105

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Bharat Electronics Ltd shares may revive, secures order worth Rs 500 crore
Navratna Defense Public Sector Undertaking, Bharat Electronics Limited (BEL) has secured additional orders of more than Rs.500 Cr since its last disclosure on 07 Oct 2024.

According to the information, the majority of the orders received include Laser…
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LIC Q2 profit declines, Net premium income increased

“State-owned Life Insurance Corp (LIC) has reported a 4% decline in its standalone net profit at Rs 7,621 crore for the quarter ended…”

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https://www.psuconnect.in/news/life-insurance-corporation-q2-fy25-results/45106
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LIC Q2 profit declines, Net premium income increased
State-owned Life Insurance Corp (LIC) has reported a 4% decline in its standalone net profit at Rs 7,621 crore for the quarter ended September 2024 as against Rs 7,925 crore in the previous year quarter.

Net premium income during the reporting quarter…
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🌟 Welcome to Coal India Limited (CIL)! 🌏 As the world's largest coal producer, CIL has grown from 79 million tonnes in 1975 to an industry giant with 82 mining areas, 7 subsidiaries, and international ventures. Proudly powering progress since 1975. ⚡🚀

Know more about this diversified PSU on our official website which is dedicate to the Public Sector Companies.
https://www.psuconnect.in/psu-companies-in-india
Know about CIL:
https://www.psuconnect.in/company/coal-india-limited-16
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Recruitment Alert: Bharat Electronics Limited (BEL) is a Schedule ‘A’ Navratna Company posted a job vacancy...

👇Check Out Here before its late to apply...👇
https://www.psuconnect.in/news/bharat-electronics-limited-recruitment-2024/45108

Also, Read More about BEL here: https://www.psuconnect.in/company/bharat-electronics-limited-5
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BEL Director (R&D) Job Vacancy: Check Last Date to apply, Pay Scale
Bharat Electronics Limited (BEL) is a Schedule ‘A’ Navratna Company, 20.06.2024 posted a job vacancy for a Director (Research & Development) post. The said job description and responsibilities are the key person will be responsible for laying down the R&D…
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HPCL shares decline, see performance and future plans

“HPCL Stock Updates: On 8 November 2024, HPCL Ltd. experienced a decline of 3.0% in its stock price, closing at Rs 385.05. …”

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https://www.psuconnect.in/news/hindustan-petroleum-corporation-reports-decline-in-share-price/45111
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HPCL shares decline, see performance and future plans
HPCL Stock Updates: On 8 November 2024, HPCL Ltd. experienced a decline of 3.0% in its stock price, closing at Rs 385.05. This downturn is linked to the negative trend in the oil exploration and refining industry. Despite this, the stock continues to perform…
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RBI imposes monetary penalty on South Indian Bank

“The RBI has imposed a penalty of Rs 59.20 lakh on South Indian Bank for non-compliance with certain directions on 'interest rate…”

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https://www.psuconnect.in/news/rbi-imposes-monetary-penalty-on-south-indian-bank/45113
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RBI imposes monetary penalty on South Indian Bank
The RBI has imposed a penalty of Rs 59.20 lakh on South Indian Bank for non-compliance with certain directions on 'interest rate on deposits' and 'customer service in banks'. A statutory inspection for supervisory evaluation of the bank was conducted by the…
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Indian Railway freight and goods grow by 1.5% in October to 131 million tonnes

“Indian Railways reported a growth of 1.5% in goods transported during October, totaling 131 million tonnes (mt), according to data…”

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Indian Railway freight and goods grow by 1.5% in October to 131 million tonnes
 Indian Railways reported a growth of 1.5% in goods transported during October, totaling 131 million tonnes (mt), according to data from the railways ministry. This reflects a significant decrease compared to a cargo growth of 8.5% in October 2022. Officials…
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