Lupin has already accounted for the fine in previous financial reports, ensuring no impact on the current year’s profit and loss statement.
"The project is anticipated to cost ₹846.66 crore. The project is planned to be completed in 15 months from the date of PPA execution," it stated.
In addition, the company received orders for 80 Vande Bharat trains and 20 super fast gun mounts for military ships, with contractual deliveries beginning in June 2025.
These changes aim to strengthen the link between cash and F&O markets and enhance investor protection.
Market breadth was mixed with more advancing shares (1,929) than declining ones (1,449).
The stock has gained a total of 23% in the last one year, and 20% since the beginning of the year.
Market activity showed 1786 advancing shares, 1536 declining shares, and 76 shares remaining unchanged.
Vraj iron and steel manufacture sponge iron, MS billets, and TMT bars under the Vraj brand
According to JSW Infra, the proposed acquisition is the first step towards the company's long-term goal of developing a pan-India logistics network.
Revenue from operations also surged 29% year-on-year to ₹5,592 Crore in Q4 FY24, compared to ₹4,324 Crore in the corresponding period the previous year.
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