Persistent Systems Ltd, Coforge Ltd, Gujarat Mineral Development Corporation Ltd and One 97 Communications Ltd are among the other gainers in the BSE's 'A' group today, 23 October 2024.Amber Enterprises India Ltd surged 17.37% to Rs 6666.3 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 58277 shares were traded on the counter so far as against the average daily volumes of 27172 shares in the past one month. Persistent Systems Ltd soared 11.53% to Rs 5751. The stock was the second biggest gainer in 'A' group. On the BSE, 70582 shares were traded on the counter so far as against the average daily volumes of 13191 shares in the past one month. Coforge Ltd spiked 10.46% to Rs 7506.5. The stock was the third biggest gainer in 'A' group. On the BSE, 2.17 lakh shares were traded on the counter so far as against the average daily volumes of 26813 shares in the past one month. Gujarat Mineral Development Corporation Ltd exploded 10.28% to Rs 362.45. The stock was the fourth biggest gainer in 'A' group. On the BSE, 3.84 lakh shares were traded on the counter so far as against the average daily volumes of 83266 shares in the past one month. One 97 Communications Ltd spurt 10.26% to Rs 757.85. The stock was the fifth biggest gainer in 'A' group. On the BSE, 15.29 lakh shares were traded on the counter so far as against the average daily volumes of 7.76 lakh shares in the past one month. Powered by Capital Market - Live

The frontline indices continued to trade with minor gains in morning trade. The Nifty traded above the 24,500 level. IT shares advanced after declining in the past three consecutive trading sessions. At 10:30 IST, the barometer index, the S&P BSE Sensex, added 78.25 points or 0.10% to 80,298.97. The Nifty 50 index added 30.30 points or 0.12% to 24,502.40. In the broader market, the S&P BSE Mid-Cap index rose 0.58% and the S&P BSE Small-Cap index gained 1.02%. The market breadth was positive. On the BSE, 2,074 shares rose and 1,477 shares fell. A total of 147 shares were unchanged. Economy: The International Monetary Fund (IMF) maintained its June growth rate projects for India in its latest World Economic Outlook (WEO). IMF stated that India is set to grow at 7% in the current fiscal year ending March 31, 2025 and 6.5% in the next fiscal year (FY2025-26). Result Today: Hindustan Unilever (down 0.64%), Pidilite Industries (up 0.43%), TVS Motor Company (up 2.13%), United Spirits (down 1.04%), Aster DM Healthcare (down 0.07%), AU Small Finance Bank (down 0.98%), Bajaj Finserv (up 2.25%), Bajaj Holdings & Investment (down 0.01%), Birla Corporation (up 1.08%), Birlasoft (up 2.06%), CARE Ratings (up 3.01%), Craftsman Automation (up 0.80%), Fedbank Financial Services (down 0.09%), Fino Payments Bank (up 2.08%), Godrej Properties (up 1.38%), Heritage Foods (down 1.75%), IIFL Finance (down 1.15%), Johnson Controls-Hitachi Air Conditioning India (up 1.36%), KPIT Technologies (up 2.05%), Karnataka Bank (down 0.49%), Dr. Lal PathLabs (down 0.62%), MAS Financial Services (down 0.19%), Metro Brands (down 1.31%) and Piramal Enterprises (down 0.24%) will declare their results later today. Buzzing Index: The Nifty IT index gained 1.94% to 42,040.40. The index fell 3.49% in three consecutive trading sessions. Coforge (up 8.64%), Persistent Systems (up 8.42%), Mphasis (up 2.83%), L&T Technology Services (up 1.19%), Tech Mahindra (up 0.85%), HCL Technologies (up 0.67%), Tata Consultancy Services (up 0.61%), LTIMindtree (up 0.57%), Wipro (up 0.54%) and Infosys (up 0.31%) advanced. Stocks in Spotlight: Amber Enterprises surged 8.43% after the company reported consolidated net profit of Rs 21 crore in Q2 FY25 as compared with net loss of Rs 5.7 crore in Q2 FY24. Revenue stood at Rs 1,685 crore in Q2 FY25, up 81.7% YoY. Bajaj Finance jumped 4.93% after the company reported 13.03% jump in consolidated net profit to Rs 4,014 crore in Q2 FY25, up 13.03% as compared with Rs 3,551 crore in Q2 FY24. Revenue increased 27.72% YoY to Rs 17,095 crore during the quarter. FY25 credit cost guidance hiked from 1.75- 1.85% to 2-2.5%. Adani Green Energy declined 1.56%. The company's consolidated net profit jumped 39% to Rs 515 crore in Q2 FY25 as compared with Rs 371 crore in Q2 FY24. Revenue increased 38% YoY to Rs 3,055 crore during the quarter ended 30 September 2024. Powered by Capital Market - Live

Net profit of Amber Enterprises India reported to Rs 19.25 crore in the quarter ended September 2024 as against net loss of Rs 6.95 crore during the previous quarter ended September 2023. Sales rose 81.73% to Rs 1684.70 crore in the quarter ended September 2024 as against Rs 927.06 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1684.70927.06 82 OPM %6.596.42 - PBDT80.2435.74 125 PBT23.61-9.48 LP NP19.25-6.95 LP Powered by Capital Market - Live

Tata Chemicals Ltd, JSW Holdings Ltd, Tejas Networks Ltd and Maharashtra Scooters Ltd are among the other gainers in the BSE's 'A' group today, 21 October 2024.Amber Enterprises India Ltd surged 12.68% to Rs 6088 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 39451 shares were traded on the counter so far as against the average daily volumes of 23633 shares in the past one month. Tata Chemicals Ltd spiked 9.82% to Rs 1194.8. The stock was the second biggest gainer in 'A' group. On the BSE, 5.18 lakh shares were traded on the counter so far as against the average daily volumes of 1.51 lakh shares in the past one month. JSW Holdings Ltd soared 9.01% to Rs 10212.75. The stock was the third biggest gainer in 'A' group. On the BSE, 1526 shares were traded on the counter so far as against the average daily volumes of 850 shares in the past one month. Tejas Networks Ltd rose 8.93% to Rs 1295.9. The stock was the fourth biggest gainer in 'A' group. On the BSE, 8.36 lakh shares were traded on the counter so far as against the average daily volumes of 36062 shares in the past one month. Maharashtra Scooters Ltd exploded 8.32% to Rs 12556.05. The stock was the fifth biggest gainer in 'A' group. On the BSE, 2673 shares were traded on the counter so far as against the average daily volumes of 920 shares in the past one month. Powered by Capital Market - Live

Amber Enterprises India has allotted 13,800 equity shares under ESOP on 18 October 2024. With this allotment, the paid up equity share capital has increased to 3,37,76,306 equity shares of Rs 10 each. Powered by Capital Market - Live

Amber Enterprises India will hold a meeting of the Board of Directors of the Company on 22 October 2024.Powered by Capital Market - Live

The Amber group and Korea Circuit, a pioneer of the Korean PCB industry, are proud to announce the Joint Venture (JV) for manufacturing PCBs into India. The JV sets the strategic foray into high technology and advanced manufacturing of HDI, Flex and Semiconductor substrates PCBs. This collaboration embarks on the shared vision of the bringing world class technology and manufacturing excellence to India and cater to fast growing domestic Electronics demand. The Amber Group, through its subsidiary IL JIN Electronics, and Korea Circuit will hold 70% and 30% ownership respectively in this JV.  Powered by Capital Market - Live

Amber Enterprises India will hold a meeting of the Board of Directors of the Company on 16 September 2024.Powered by Capital Market - Live

AT Railway Sub Systems, wholly owned subsidiary of Sidwal Refrigeration Industries (Sidwal), [the wholly owned material subsidiary of the Company i.e. Amber Enterprises India (Amber)] alongwith Yujin Machinery, a South Korea Based Company has incorporated a Joint Venture Company (JVC) in India, on 20 August 2024, namely 'Yujin Machinery India'. The new JVC will carry on the business of manufacturing of all types of Driving Gears, Couplers, Pantograph and Brakes for various rolling stocks, including all types of wagons, trams, Vande Bharat trains, Indian Railways products, high speed and metro trains, regional rapid transit systems, etc, in India or such other places agreed between the Joint Venture Partners.  Pursuant to the said investment, Yujin Machinery India, has become Joint Venture Company of AT Railway Sub Systems w.e.f 20 August 2024. Powered by Capital Market - Live