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class="sc-eKzvBH SxKuS layout-title ">Artificial Intelligence</h1></div></div></div><div class="main-content-container layout-container mx-auto"><div class="layout-flex flex flex-col w-full items-start relative"><div class="layout-main flex flex-grow flex-col justify-between"><div><div><div class="mb-12"><div class="sc-jLTcYb jyeiVe top-section-container"><div class="desktop"><div class="top-story primary-story"><div data-action="Featured Card Click" class="sc-VacRR dSdeuN"><div class="sc-fZGrbc cjElrB post-card-wrapper"><div class="sc-haVXaE ghEVrD post-card post-card-india-primary post-card-size-default" title="Tata Communications Gears Up For Nvidia AI Cloud Trials; Targets Enterprise Sector"><a href="https://in.benzinga.com/markets/equities/24/10/41399219/tata-communications-gears-up-for-nvidia-ai-cloud-trials-targets-enterprise-sector"><div class="image-wrapper-india"><span 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with potential deals from manufacturing, retail sectors & banks; plans for overseas expansion.</span></span></div></div></a></div></div></div></div><div class="secondary-stories"><div class="secondary-story"><div data-action="Featured Card Click" class="sc-VacRR dSdeuN"><div class="sc-fZGrbc cjElrB post-card-wrapper"><div class="sc-haVXaE ghEVrE post-card post-card-india-secondary post-card-size-compact" title="Amazon Rolls Out AI Shopping Assistant Rufus In India"><a href="https://in.benzinga.com/content/40568536/amazon-rolls-out-ai-shopping-assistant-rufus-in-india"><div class="image-wrapper-india"><span style="background:none;border:0;box-sizing:border-box;display:block;height:initial;margin:0;opacity:1;overflow:hidden;padding:0;width:initial;position:absolute;top:0;left:0;bottom:0;right:0"><div role="img" class="sc-cCzLxZ fiQvE"></div><img alt="" sizes="(max-width: 800px) 120px, (min-width: 800px) 240px" 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https://cdn.benzinga.com/files/images/story/2024/07/16/Ai-Technology--Artificial-Intelligence--.jpeg?optimize=medium&dpr=2&auto=webp&width=400 3840w" class="sc-eCA-dml eKjRVh post-thumb" decoding="async" loading="eager" style="border:none;bottom:0;box-sizing:border-box;display:block;height:0;left:0;margin:auto;max-height:100%;max-width:100%;min-height:100%;min-width:100%;padding:0;position:absolute;right:0;top:0;width:0;object-fit:cover"/></noscript></span><div class="sc-bPujQv cjakcK"><div class="post-elapsed-india-secondary"><div class="sc-kRnApQ fXyBKn"></div></div><span class="sc-eMMvEe jlGWlR post-title-india-secondary"><span>Adani Group JV Acquires Majority Stake In Deep Tech Startup To Expand Data Center And Cloud Offerings</span></span></div></div></a></div></div></div></div></div></div></div></div></div><div class="my-3 mb-4" id="more-news"><div class="sc-bSjmjV bTlKrc content-feed "><div class="content-feed-container"><div class="content-feed-list"><div class="newsfeed-card text-black"><div class="sc-fZGrbc cjElrB post-card-wrapper"><div class="sc-haVXaE gobizp post-card post-card-feed post-card-size-nano" title="Indian Government Earmarks ₹5,000 Cr For AI Chip Accessibility: Report"><a class="post-card-article-link post-card-image image-wrapper" href="https://in.benzinga.com/content/39633296/indian-government-earmarks-5-000-cr-for-ai-chip-accessibility-report"><span style="background:none;border:0;box-sizing:border-box;display:block;height:initial;margin:0;opacity:1;overflow:hidden;padding:0;width:initial;position:absolute;top:0;left:0;bottom:0;right:0"><div role="img" class="sc-cCzLxZ foDslf"></div><img alt="" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="sc-eCA-dml eKjRVh post-thumb" decoding="async" style="border:none;bottom:0;box-sizing:border-box;display:block;height:0;left:0;margin:auto;max-height:100%;max-width:100%;min-height:100%;min-width:100%;padding:0;position:absolute;right:0;top:0;width:0;object-fit:cover;background-image:url("https://cdn.benzinga.com/files/images/story/2024/07/04/AI-chip_0.jpeg?width=100");background-position:0% 0%;background-size:cover;filter:blur(20px)"/><noscript><img alt="" sizes="(max-width: 800px) 120px, (min-width: 800px) 240px" src="https://cdn.benzinga.com/files/images/story/2024/07/04/AI-chip_0.jpeg?optimize=medium&dpr=2&auto=webp&width=260" srcSet="https://cdn.benzinga.com/files/images/story/2024/07/04/AI-chip_0.jpeg?optimize=medium&dpr=2&auto=webp&width=260 16w, https://cdn.benzinga.com/files/images/story/2024/07/04/AI-chip_0.jpeg?optimize=medium&dpr=2&auto=webp&width=260 32w, https://cdn.benzinga.com/files/images/story/2024/07/04/AI-chip_0.jpeg?optimize=medium&dpr=2&auto=webp&width=260 48w, 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class="post-card-text-wrapper"><a class="post-card-article-link" href="https://in.benzinga.com/content/39633296/indian-government-earmarks-5-000-cr-for-ai-chip-accessibility-report"><span class="sc-edDLmV hgjsLU post-title"><div class="sc-flINDu sc-coqBPL iwUWdY bretTW line-wrapper three-line post-card-title leading-normal text-2xl"><span>Indian Government Earmarks ₹5,000 Cr For AI Chip Accessibility: Report</span></div></span><div class="post-card-description lg:text-xs"><div class="sc-kRnApQ fXyBKn"></div><span class="font-semibold text-gray-500 mr-1">|</span><span class="post-teaser"> The Indian government has allocated ₹5,000 crore for AI chips to be available for startups and researchers. This funding is part of the India AI Mission of ₹10,000 crore, announced by a top government official at the Global IndiaAI Summit. </span></div></a><div class="post-card-article-link flex items-center"></div></div></div></div></div></div><div class="newsfeed-card text-black"><div class="sc-fZGrbc cjElrB post-card-wrapper"><div class="sc-haVXaE gobizp post-card post-card-feed post-card-size-nano" title="HCLTech Partners With IBM To Accelerate AI Adoption"><a class="post-card-article-link post-card-image image-wrapper" href="https://in.benzinga.com/content/39591664/hcltech-partners-with-ibm-to-accelerate-ai-adoption"><span style="background:none;border:0;box-sizing:border-box;display:block;height:initial;margin:0;opacity:1;overflow:hidden;padding:0;width:initial;position:absolute;top:0;left:0;bottom:0;right:0"><div role="img" class="sc-cCzLxZ gLlrmN"></div><img alt="" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="sc-eCA-dml eKjRVh 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class="sc-eCA-dml eKjRVh post-thumb" decoding="async" loading="lazy" style="border:none;bottom:0;box-sizing:border-box;display:block;height:0;left:0;margin:auto;max-height:100%;max-width:100%;min-height:100%;min-width:100%;padding:0;position:absolute;right:0;top:0;width:0;object-fit:cover"/></noscript></span></a><div class="post-card-text lg:w-auto flex flex-col space-y-2"><div class="post-card-text-wrapper"><a class="post-card-article-link" href="https://in.benzinga.com/content/39591664/hcltech-partners-with-ibm-to-accelerate-ai-adoption"><span class="sc-edDLmV hgjsLU post-title"><div class="sc-flINDu sc-coqBPL iwUWdY bretTW line-wrapper three-line post-card-title leading-normal text-2xl"><span>HCLTech Partners With IBM To Accelerate AI Adoption</span></div></span><div class="post-card-description lg:text-xs"><div class="sc-kRnApQ fXyBKn"></div><span class="font-semibold text-gray-500 mr-1">|</span><span class="post-teaser">The CoE is designed to assist businesses in modernising 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while 29 declined.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-full\"\u003e\u003cimg loading=\"lazy\" decoding=\"async\" width=\"650\" height=\"450\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18054049/newplot-24.jpeg\" alt=\"\" class=\"wp-image-652614\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18054049/newplot-24.jpeg 650w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18054049/newplot-24-300x208.jpeg 300w\" sizes=\"(max-width: 650px) 100vw, 650px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eHindalco\u003c/strong\u003e emerged as the star performer with a 3.78% jump, closing at ₹651.05. The stock had closed at ₹627.35 in the previous trading session.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-full\"\u003e\u003cimg loading=\"lazy\" decoding=\"async\" width=\"650\" height=\"450\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18054330/newplot-25.jpeg\" alt=\"\" class=\"wp-image-652618\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18054330/newplot-25.jpeg 650w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18054330/newplot-25-300x208.jpeg 300w\" sizes=\"(max-width: 650px) 100vw, 650px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003eFollowing closely was \u003cstrong\u003eHero MotoCorp\u003c/strong\u003e, which saw a 2.80% surge, ending the day at ₹4733.00, up from its last close of ₹4604.00.\u003c/p\u003e\n\n\n\n\u003ch4 class=\"wp-block-heading\"\u003eTop Gainers\u003c/h4\u003e\n\n\n\n\u003cfigure class=\"wp-block-table\"\u003e\u003ctable\u003e\u003cthead\u003e\u003ctr\u003e\u003cth\u003eStock\u003c/th\u003e\u003cth\u003eCurrent Price\u003c/th\u003e\u003cth\u003eLast Close\u003c/th\u003e\u003cth\u003e% Change\u003c/th\u003e\u003c/tr\u003e\u003c/thead\u003e\u003ctbody\u003e\u003ctr\u003e\u003ctd\u003e\u003cstrong\u003eHindalco\u003c/strong\u003e\u003c/td\u003e\u003ctd\u003e₹651.05\u003c/td\u003e\u003ctd\u003e₹627.35\u003c/td\u003e\u003ctd\u003e3.78%\u003c/td\u003e\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cstrong\u003eHero MotoCorp\u003c/strong\u003e\u003c/td\u003e\u003ctd\u003e₹4733.00\u003c/td\u003e\u003ctd\u003e₹4604.00\u003c/td\u003e\u003ctd\u003e2.80%\u003c/td\u003e\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cstrong\u003eTata Steel\u003c/strong\u003e\u003c/td\u003e\u003ctd\u003e₹141.21\u003c/td\u003e\u003ctd\u003e₹137.98\u003c/td\u003e\u003ctd\u003e2.34%\u003c/td\u003e\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cstrong\u003eM\u0026amp;M\u003c/strong\u003e\u003c/td\u003e\u003ctd\u003e₹2846.90\u003c/td\u003e\u003ctd\u003e₹2807.20\u003c/td\u003e\u003ctd\u003e1.41%\u003c/td\u003e\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cstrong\u003eHindustan Unilever\u003c/strong\u003e\u003c/td\u003e\u003ctd\u003e₹2422.90\u003c/td\u003e\u003ctd\u003e₹2389.20\u003c/td\u003e\u003ctd\u003e1.41%\u003c/td\u003e\u003c/tr\u003e\u003c/tbody\u003e\u003c/table\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eTata Steel\u003c/strong\u003e also had a good run, with a 2.34% increase, closing at ₹141.21. The stock had ended the previous session at ₹137.98.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eM\u0026amp;M\u003c/strong\u003e and \u003cstrong\u003eHindustan Unilever\u003c/strong\u003e rounded off the top five gainers, with a 1.41% rise each. M\u0026amp;M closed at ₹2846.90, while Hindustan Unilever ended the day at ₹2422.90.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eSee Also:\u003ca href=\"https://in.benzinga.com/analyst-ratings/analyst-color/24/11/42030455/should-you-subscribe-to-ntpc-green-energy-ipo-check-analysts-calls-latest-gmp\"\u003e Should You Subscribe To NTPC Green Energy IPO? Check Analysts\u0026#8217; Calls, Latest GMP\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eOn the flip side, \u003cstrong\u003eTCS\u003c/strong\u003e was the biggest loser, shedding 3.05% to close at ₹4019.50. The IT giant had closed at ₹4145.90 in the previous session.\u003c/p\u003e\n\n\n\n\u003cfigure class=\"wp-block-image size-full\"\u003e\u003cimg loading=\"lazy\" decoding=\"async\" width=\"650\" height=\"450\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18055440/newplot-26.jpeg\" alt=\"\" class=\"wp-image-652627\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18055440/newplot-26.jpeg 650w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/18055440/newplot-26-300x208.jpeg 300w\" sizes=\"(max-width: 650px) 100vw, 650px\" /\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eBPCL\u003c/strong\u003e followed suit, with a 3.02% drop, closing at ₹289.20. The stock had ended the previous session at ₹298.20.\u003c/p\u003e\n\n\n\n\u003ch4 class=\"wp-block-heading\"\u003eTop Losers\u003c/h4\u003e\n\n\n\n\u003cfigure class=\"wp-block-table\"\u003e\u003ctable\u003e\u003cthead\u003e\u003ctr\u003e\u003cth\u003eStock\u003c/th\u003e\u003cth\u003eCurrent Price\u003c/th\u003e\u003cth\u003eLast Close\u003c/th\u003e\u003cth\u003e% Change\u003c/th\u003e\u003c/tr\u003e\u003c/thead\u003e\u003ctbody\u003e\u003ctr\u003e\u003ctd\u003e\u003cstrong\u003eTCS\u003c/strong\u003e\u003c/td\u003e\u003ctd\u003e₹4019.50\u003c/td\u003e\u003ctd\u003e₹4145.90\u003c/td\u003e\u003ctd\u003e-3.05%\u003c/td\u003e\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cstrong\u003eBPCL\u003c/strong\u003e\u003c/td\u003e\u003ctd\u003e₹289.20\u003c/td\u003e\u003ctd\u003e₹298.20\u003c/td\u003e\u003ctd\u003e-3.02%\u003c/td\u003e\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cstrong\u003eInfosys\u003c/strong\u003e\u003c/td\u003e\u003ctd\u003e₹1811.45\u003c/td\u003e\u003ctd\u003e₹1864.55\u003c/td\u003e\u003ctd\u003e-2.85%\u003c/td\u003e\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cstrong\u003eDr. Reddy\u0026#8217;s\u003c/strong\u003e\u003c/td\u003e\u003ctd\u003e₹1193.55\u003c/td\u003e\u003ctd\u003e₹1226.70\u003c/td\u003e\u003ctd\u003e-2.70%\u003c/td\u003e\u003c/tr\u003e\u003ctr\u003e\u003ctd\u003e\u003cstrong\u003eTrent\u003c/strong\u003e\u003c/td\u003e\u003ctd\u003e₹6301.65\u003c/td\u003e\u003ctd\u003e₹6463.00\u003c/td\u003e\u003ctd\u003e-2.50%\u003c/td\u003e\u003c/tr\u003e\u003c/tbody\u003e\u003c/table\u003e\u003c/figure\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eInfosys\u003c/strong\u003e also had a rough day, with a 2.85% decrease, closing at ₹1811.45. The stock had closed at ₹1864.55 in the last session.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eDr. Reddy\u0026#8217;s\u003c/strong\u003e and \u003cstrong\u003eTrent\u003c/strong\u003e completed the list of top five losers, with a 2.70% and 2.50% fall respectively. Dr. Reddy\u0026#8217;s closed at ₹1193.55, while Trent ended the day at ₹6301.65.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eRead Next: \u003ca href=\"https://in.benzinga.com/markets/equities/24/11/42030973/ntpc-and-ongc-join-hands-to-establish-a-green-energy-venture-ongpl\"\u003eNTPC And ONGC Join Hands To Establish A Green Energy Venture \u0026#8216;ONGPL\u0026#8217;\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003c!--Neuro author block--\u003e\n \u003cdiv style=\"font-family: 'Lato', sans-serif\"\u003e\n \u003chr style=\"border: 0; height: 5px; background: #225aa9\"\u003e\n \u003cdiv style=\"\n background-color: #f5f5f5;\n background-position: center;\n background-size: cover;\n justify-content: center;\n \"\u003e\u003c/div\u003e\n \u003cp style=\"font-family: sans-serif; padding-top: 20px\"\u003e\n Engineered by\n \u003cspan style=\"\n font-weight: bold;\n text-decoration: none;\n color: #225aa9;\n font-size: 1rem;\n \"\u003eBenzinga Neuro\u003c/span\u003e, Edited by\n \u003cspan style=\"\n font-weight: bold;\n text-decoration: none;\n color: #225aa9;\n font-size: 1rem;\n \"\u003e\n \u003cu\u003e\u003ca href=\"https://in.benzinga.com/author/ananthucu-benzinga-com\" target=\"_blank\" rel=\"noopener\" style=\"color: #225aa9; text-decoration: none\"\u003e\n Ananthu CU\u003c/a\u003e\u003c/u\u003e\n \u003c/span\u003e\n \u003c/p\u003e\n \u003chr style=\"border: 0; height: 1px; background: #225aa9\"\u003e\n \u003cp style=\"font-family: sans-serif; padding-top: 20px\"\u003e\n The GPT-4-based Benzinga Neuro content generation system exploits the\n extensive Benzinga Ecosystem, including native data, APIs, and more to\n create comprehensive and timely stories for you.\n \u003ca href=\"https://www.benzinga.com/author/benzinga-neuro\" target=\"_blank\" rel=\"noopener\" style=\"color: #225aa9; text-decoration: none\"\u003eLearn more.\u003c/a\u003e\n \u003c/p\u003e\n \u003chr style=\"border: 0; height: 5px; background: #225aa9\"\u003e\n \u003c/div\u003e\n \u003c!--Neuro Author Block End--\u003e","channels":[{"tid":24769,"vid":1,"name":"Equities"},{"tid":57,"vid":1,"name":"News"},{"tid":2,"vid":1,"name":"Markets"},{"tid":24,"vid":1,"name":"Movers"}],"created":"2024-11-18T11:05:49Z","createdAt":"2024-11-18T11:05:49Z","id":42031786,"image":"https://www.benzinga.com/files/images/story/2024/11/18/Stock-Crash-Market-Exchange-Loss-Trading.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":false,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":false,"SendToMSN":false},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"SendNotification":true,"post_id":652612,"post_type":"benzinga_india","campaign_strategy":"Default"}},"nodeId":42031786,"stocks":[],"storyId":"673b1f8cd149ec00010e6681","tags":[{"tid":22105,"vid":3,"name":"Gainers And Losers"},{"tid":850872,"vid":3,"name":"Nifty 50"}],"teaser":"Nifty 50 fell 0.34% to 23,453.80. Hindalco emerged as top performer with a 3.78% jump, while TCS was the biggest loser with a 3.05% fall.","teaserText":"Nifty 50 fell 0.34% to 23,453.80. Hindalco emerged as top performer with a 3.78% jump, while TCS was the biggest loser with a 3.05% fall.","tickers":[],"title":"TCS Top Loser As Nifty Continues Slide","updated":"2024-11-18T11:05:49Z","updatedAt":"2024-11-18T11:05:49Z","url":"https://in.benzinga.com/markets/equities/24/11/42031786/tcs-top-loser-as-nifty-continues-slide"},{"assets":[{"type":"image","title":"NTPC","alt":"NTPC","source":"NTPC. Photo by Nikola Johnny Mirkovic on Unsplash.","mime":"","primary":true,"attributes":{"fid":"899662","filename":"NTPC.jpeg","filepath":"files/images/story/2024/11/18/NTPC.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Ananthu C U","body":"\u003cp\u003e\u003cstrong\u003eNTPC\u003c/strong\u003e and \u003cstrong\u003eOil and Natural Gas Corporation\u003c/strong\u003e (ONGC) have come together to form a new company, \u0026#8220;ONGC NTPC GREEN PRIVATE LIMITED\u0026#8221; (ONGPL), aimed at developing renewable energy projects.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened:\u003c/strong\u003e As per a regulatory filing, ONGPL is a 50:50 joint venture between NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Limited, and ONGC Green Limited (OGL), a wholly-owned subsidiary of ONGC.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eSee Also:\u003ca href=\"https://in.benzinga.com/markets/equities/24/11/42030459/rvnl-secures-loa-for-294-94-cr-contract-from-south-central-railway\"\u003e RVNL Secures LoA For ₹294.94 Cr Contract From South Central Railway\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe joint venture\u0026#8217;s primary objective is to explore and establish renewable energy projects and assets through greenfield development and acquisitions. It will also evaluate the feasibility of offshore wind projects, among other related activities.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe Ministry of Power (MoP), Government of India, had previously approved the formation of this joint venture. The new company\u0026#8217;s authorized share capital is ₹10 Lakh, with an equal amount subscribed and paid up.\u003c/p\u003e\n\n\n\n\u003cp\u003eONGPL will operate in the renewable energy sector, exploring opportunities in storage, E-mobility, and ESG (Environmental, Social, and Governance) compliant projects. It will also investigate opportunities related to carbon credits and green credits for low-carbon transition.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eRead Next: \u003ca href=\"https://in.benzinga.com/analyst-ratings/analyst-color/24/11/42030455/should-you-subscribe-to-ntpc-green-energy-ipo-check-analysts-calls-latest-gmp\"\u003eShould You Subscribe To NTPC Green Energy IPO? Check Analysts\u0026#8217; Calls, Latest GMP\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003c!--Neuro author block--\u003e\n \u003cdiv style=\"font-family: 'Lato', sans-serif\"\u003e\n \u003chr style=\"border: 0; height: 5px; background: #225aa9\"\u003e\n \u003cdiv style=\"\n background-color: #f5f5f5;\n background-position: center;\n background-size: cover;\n justify-content: center;\n \"\u003e\u003c/div\u003e\n \u003cp style=\"font-family: sans-serif; padding-top: 20px\"\u003e\n Engineered by\n \u003cspan style=\"\n font-weight: bold;\n text-decoration: none;\n color: #225aa9;\n font-size: 1rem;\n \"\u003eBenzinga Neuro\u003c/span\u003e, Edited by\n \u003cspan style=\"\n font-weight: bold;\n text-decoration: none;\n color: #225aa9;\n font-size: 1rem;\n \"\u003e\n \u003cu\u003e\u003ca href=\"https://in.benzinga.com/author/ananthucu-benzinga-com\" target=\"_blank\" rel=\"noopener\" style=\"color: #225aa9; text-decoration: none\"\u003e\n Ananthu CU\u003c/a\u003e\u003c/u\u003e\n \u003c/span\u003e\n \u003c/p\u003e\n \u003chr style=\"border: 0; height: 1px; background: #225aa9\"\u003e\n \u003cp style=\"font-family: sans-serif; padding-top: 20px\"\u003e\n The GPT-4-based Benzinga Neuro content generation system exploits the\n extensive Benzinga Ecosystem, including native data, APIs, and more to\n create comprehensive and timely stories for you.\n \u003ca href=\"https://www.benzinga.com/author/benzinga-neuro\" target=\"_blank\" rel=\"noopener\" style=\"color: #225aa9; text-decoration: none\"\u003eLearn more.\u003c/a\u003e\n \u003c/p\u003e\n \u003chr style=\"border: 0; height: 5px; background: #225aa9\"\u003e\n \u003c/div\u003e\n \u003c!--Neuro Author Block End--\u003e","channels":[{"tid":24769,"vid":1,"name":"Equities"},{"tid":57,"vid":1,"name":"News"},{"tid":2,"vid":1,"name":"Markets"}],"created":"2024-11-18T10:05:53Z","createdAt":"2024-11-18T10:05:53Z","id":42030973,"image":"https://www.benzinga.com/files/images/story/2024/11/18/NTPC.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":false,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":false,"SendToMSN":false},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"SendNotification":true,"post_id":652543,"post_type":"benzinga_india","campaign_strategy":"Default"}},"nodeId":42030973,"stocks":[],"storyId":"673b1180d149ec00010e635f","tags":[{"tid":912008,"vid":3,"name":"NTPC"},{"tid":45036,"vid":3,"name":"ONGC"}],"teaser":"ONGPL, a joint venture between NTPC and ONGC, was formed to develop renewable energy projects, including offshore wind, storage, and E-mobility.","teaserText":"ONGPL, a joint venture between NTPC and ONGC, was formed to develop renewable energy projects, including offshore wind, storage, and E-mobility.","tickers":[],"title":"NTPC And ONGC Join Hands To Establish A Green Energy Venture \u0026#39;ONGPL\u0026#39;","updated":"2024-11-18T10:05:53Z","updatedAt":"2024-11-18T10:05:53Z","url":"https://in.benzinga.com/markets/equities/24/11/42030973/ntpc-and-ongc-join-hands-to-establish-a-green-energy-venture-ongpl"},{"assets":[{"type":"image","title":"IPO (3)","alt":"IPO (3)","source":"","mime":"","primary":true,"attributes":{"fid":"899654","filename":"IPO-3.jpeg","filepath":"files/images/story/2024/11/18/IPO-3.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Ananthu C U","body":"\u003cp\u003e\u003cstrong\u003eNTPC Green Energy\u003c/strong\u003e IPO is set to open for subscription on November 19. Brokerage firm Ventura gave a \"subscribe\" rating to the IPO In its review note. The brokerage said that the company's capacity utilisation factor (CUF) has been consistently improving, powered by operational efficiency. \u003c/p\u003e\n\n\n\n\u003cp\u003eNTPC Green Energy's CUF increased from 19.4% in FY22 to 24.73% in FY24, the brokerage said. The company has fared well in comparison to its peers, the research firm added.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eVentura also noted that NTPC plans to enhance its project pipeline through prudent bidding and strategic joint ventures with PSUs and private companies. NTPC had recently signed a joint venture agreement with MahaPreit to implement renewable energy park which includes solar, wind and hybrid energy.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eSee Also: \u003ca href=\"https://in.benzinga.com/markets/equities/24/11/42030086/suzuki-and-tata-elxsi-launch-offshore-development-centre-in-pune-to-propel-future-mobility\"\u003eSuzuki And Tata Elxsi Launch Offshore Development Centre In Pune To Propel Future Mobility\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThe company's main priorities involve developing battery storage and renewable energy Projects. This includes the green hydrogen hub at Pudimadoka. The company's focus is also on green hydrogen production in Rajasthan and Renewable energy park in Maharashtra. \u003c/p\u003e\n\n\n\n\u003cp\u003eEarlier, SBI Securities had also issued a subscribe for \u003ca href=\"https://in.benzinga.com/markets/equities/24/11/41964629/sbi-securities-gives-long-term-subscirbe-rating-for-ntpc-green-energy\"\u003elong-term rating to the upcoming IPO.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eIPO Details: \u003c/strong\u003eThe ₹10,000 crore issue will be open for subscription on November 19 and will close on November 22. The IPO is a fresh issue of 92.59 crore shares. The company has set a price band of \u003ca href=\"https://in.benzinga.com/markets/equities/24/11/41931624/ntpc-green-energy-ipo-to-open-on-nov-19-check-price-band\"\u003e₹102 to ₹108 per share\u003c/a\u003e for the issue.\u0026nbsp;\u003c/p\u003e\n\n\n\n\u003cp\u003eNTPC Green IPO\u0026#8217;s GMP has further declined to ₹1 on Monday from \u003ca href=\"https://in.benzinga.com/markets/equities/24/11/41964629/sbi-securities-gives-long-term-subscirbe-rating-for-ntpc-green-energy?utm_source=benzinga_india\u0026amp;utm_campaign=partner_feed\u0026amp;utm_medium=partner_feed\u0026amp;utm_content=site\"\u003e₹3 on Thursday\u003c/a\u003e. It's important to note that while GMPs can provide some insight into market sentiment towards an IPO, they are not always a reliable predictor of the stock's performance upon listing.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eRead Next: \u003ca href=\"https://in.benzinga.com/analyst-ratings/analyst-color/24/11/42030213/bdl-shares-down-3-after-q2-but-analyst-expects-over-40-surge-ahead\"\u003eBDL Shares Down 3% After Q2, But Analyst Expects Over 40% Surge Ahead\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e","channels":[{"tid":68,"vid":1,"name":"Analyst Color"},{"tid":57,"vid":1,"name":"News"},{"tid":34991,"vid":1,"name":"IPOs"},{"tid":67,"vid":1,"name":"Analyst Ratings"}],"created":"2024-11-18T09:25:39Z","createdAt":"2024-11-18T09:25:39Z","id":42030455,"image":"https://www.benzinga.com/files/images/story/2024/11/18/IPO-3.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":false,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":false,"SendToMSN":false},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"SendNotification":true,"post_id":652479,"post_type":"benzinga_india","campaign_strategy":"Default"}},"nodeId":42030455,"stocks":[],"storyId":"673b0812d149ec00010e615a","tags":[{"tid":912008,"vid":3,"name":"NTPC"},{"tid":940922,"vid":3,"name":"NTPC Green Energy"}],"teaser":"NTPC Green Energy IPO to open on Nov 19 \u0026amp; close on Nov 22. Ventura gives a subscribe rating, notes company\u0026#39;s improving CUF \u0026amp; plans for project pipeline \u0026amp; green energy development. IPO is a fresh issue of 92.59cr shares with price band of ₹102-108. Grey market premium declines.","teaserText":"NTPC Green Energy IPO to open on Nov 19 \u0026amp; close on Nov 22. Ventura gives a subscribe rating, notes company\u0026#39;s improving CUF \u0026amp; plans for project pipeline \u0026amp; green energy development. IPO is a fresh issue of 92.59cr shares with price band of ₹102-108. Grey market premium declines.","tickers":[],"title":"Should You Subscribe To NTPC Green Energy IPO? Check Analysts\u0026#39; Calls, Latest GMP","updated":"2024-11-18T09:25:39Z","updatedAt":"2024-11-18T09:25:39Z","url":"https://in.benzinga.com/analyst-ratings/analyst-color/24/11/42030455/should-you-subscribe-to-ntpc-green-energy-ipo-check-analysts-calls-latest-gmp"},{"assets":[{"type":"image","title":"Railway","alt":"Railway","source":"Photo by parichay-sen for Unsplash","mime":"","primary":true,"attributes":{"fid":"899656","filename":"Railway.jpeg","filepath":"files/images/story/2024/11/18/Railway.jpeg","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Benzinga India Staff","body":"\u003cp\u003e \u003cstrong\u003eRail Vikas Nigam Limited\u003c/strong\u003e (RVNL) has bagged a substantial Engineering Procurement Construction (EPC) contract from South Central Railway.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened\u003c/strong\u003e: RVNL announced the receipt of the\u0026nbsp;letter of acceptance from South\u0026nbsp;Central Railway in an exchange filing on Monday. The contract entails the doubling of the track between Navipet Station and Indalvai Station in Telangana, excluding the Nizamabad Yard. This project is a segment of the Mudkhed-Medchal doubling project in the\u0026nbsp;state.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe project, worth ₹294.94 crores, also includes electrification and signalling works. The contract is domestic and is expected to be executed within 24 months. The company was declared the lowest\u003ca href=\"https://in.benzinga.com/markets/equities/24/11/41877831/rvnl-bags-294-94-cr-order-from-south-central-railway\"\u003e bidder for the order earlier this month.\u003c/a\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eSee Also:\u0026nbsp;\u003ca href=\"https://in.benzinga.com/markets/equities/24/11/42030086/suzuki-and-tata-elxsi-launch-offshore-development-centre-in-pune-to-propel-future-mobility\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eSuzuki And Tata Elxsi Launch Offshore Development Centre In Pune To Propel Future Mobility\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eThis win follows a string of successful bids by RVNL. Earlier this month, a joint venture between \u003ca href=\"https://in.benzinga.com/markets/equities/24/11/41743252/rvnl-jv-bags-613-cr-rail-infrastructure-project-in-karnataka\"\u003eRVNL and Rithwik Projects\u003c/a\u003e secured a ₹613 crore rail infrastructure project in Karnataka. Additionally, a consortium led by \u003ca href=\"https://in.benzinga.com/markets/equities/24/11/41742334/rvnl-led-consortium-bags-massive-5-000-cr-project-from-bsnl\"\u003eRVNL, HFCL, and Aerial Telecom Solutions\u003c/a\u003e was declared the lowest bidder for a ₹7,000 crore order from Bharat Sanchar Nigam Limited (BSNL).\u003c/p\u003e\n\n\n\n\u003cp\u003eThe company\u0026#8217;s \u003ca href=\"https://in.benzinga.com/news/earnings/24/11/41799851/rvnl-q2-net-profit-down-27-to-287-cr-misses-estimates\"\u003esecond-quarter net profit declined\u003c/a\u003e by 27.12% to ₹286.89 crore. The railway major's revenue also fell 1.2% to ₹4,854.95 crore, missing the street's estimates for the company. However, RVNL maintained a \u003ca href=\"https://in.benzinga.com/news/earnings/24/11/41835819/rnvl-sees-fy25-revenue-at-23-000-cr-orderbook-stands-at-92-000-cr\"\u003epositive outlook\u003c/a\u003e for the second half of FY25, with the company\u0026#8217;s Director of Finance, \u003cstrong\u003eSanjeeb Kumar\u003c/strong\u003e, expressing confidence about hitting a topline of ₹22,000 crore to ₹23,000 crore in FY25.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eRead Next:\u0026nbsp;\u003ca href=\"https://in.benzinga.com/markets/equities/24/11/42029262/mgl-igl-shares-tank-up-to-20-after-govt-cuts-apm-gas-allocation-for-2nd-straight-month\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eMGL, IGL Shares Tank Up To 20% After Govt Cuts APM Gas Allocation For 2nd Straight Month\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003c!--Neuro author block--\u003e\n \u003cdiv style=\"font-family: 'Lato', sans-serif\"\u003e\n \u003chr style=\"border: 0; height: 5px; background: #225aa9\"\u003e\n \u003cdiv style=\"\n background-color: #f5f5f5;\n background-position: center;\n background-size: cover;\n justify-content: center;\n \"\u003e\u003c/div\u003e\n \u003cp style=\"font-family: sans-serif; padding-top: 20px\"\u003e\n Engineered by\n \u003cspan style=\"\n font-weight: bold;\n text-decoration: none;\n color: #225aa9;\n font-size: 1rem;\n \"\u003eBenzinga Neuro\u003c/span\u003e, Edited by\n \u003cspan style=\"\n font-weight: bold;\n text-decoration: none;\n color: #225aa9;\n font-size: 1rem;\n \"\u003e\n \u003cu\u003e\u003ca href=\"https://in.benzinga.com/author/nivedita-hazra\" target=\"_blank\" rel=\"noopener\" style=\"color: #225aa9; text-decoration: none\"\u003e\n Nivedita Hazra\u003c/a\u003e\u003c/u\u003e\n \u003c/span\u003e\n \u003c/p\u003e\n \u003chr style=\"border: 0; height: 1px; background: #225aa9\"\u003e\n \u003cp style=\"font-family: sans-serif; padding-top: 20px\"\u003e\n The GPT-4-based Benzinga Neuro content generation system exploits the\n extensive Benzinga Ecosystem, including native data, APIs, and more to\n create comprehensive and timely stories for you.\n \u003ca href=\"https://www.benzinga.com/author/benzinga-neuro\" target=\"_blank\" rel=\"noopener\" style=\"color: #225aa9; text-decoration: none\"\u003eLearn more.\u003c/a\u003e\n \u003c/p\u003e\n \u003chr style=\"border: 0; height: 5px; background: #225aa9\"\u003e\n \u003c/div\u003e\n \u003c!--Neuro Author Block End--\u003e","channels":[{"tid":24769,"vid":1,"name":"Equities"},{"tid":57,"vid":1,"name":"News"},{"tid":87,"vid":1,"name":"Contracts"},{"tid":2,"vid":1,"name":"Markets"}],"created":"2024-11-18T09:11:25Z","createdAt":"2024-11-18T09:11:25Z","id":42030459,"image":"https://www.benzinga.com/files/images/story/2024/11/18/Railway.jpeg","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":false,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":false,"SendToMSN":false},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"SendNotification":true,"post_id":652460,"post_type":"benzinga_india","campaign_strategy":"Default"}},"nodeId":42030459,"stocks":[],"storyId":"673b0820d149ec00010e615e","tags":[{"tid":945144,"vid":3,"name":"Rail Vikas Nagam"}],"teaser":"The project, worth ₹294.94 crores, also includes electrification and signalling works. The contract is domestic and is expected to be executed within 24 months.","teaserText":"The project, worth ₹294.94 crores, also includes electrification and signalling works. The contract is domestic and is expected to be executed within 24 months.","tickers":[],"title":"RVNL Secures LoA For ₹294.94 Cr Contract From South Central Railway","updated":"2024-11-18T09:26:21Z","updatedAt":"2024-11-18T09:26:21Z","url":"https://in.benzinga.com/markets/equities/24/11/42030459/rvnl-secures-loa-for-294-94-cr-contract-from-south-central-railway"},{"assets":[{"type":"image","title":"Stocks.Watch_.Shutterstock","alt":"Stocks.Watch_.Shutterstock","source":"","mime":"","primary":true,"attributes":{"fid":"899650","filename":"Stocks-Watch--Shutterstock_0.png","filepath":"files/images/story/2024/11/18/Stocks-Watch--Shutterstock_0.png","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Benzinga India Staff","body":"\u003cp\u003eShares of \u003cstrong\u003eBharat Dynamics Limited\u003c/strong\u003e (BDL) have been under the pump after the company \u003ca href=\"https://in.benzinga.com/news/earnings/24/11/41964223/bdls-q2-net-profit-slumps-16-to-122-53-cr-revenue-drops-11\"\u003eposted its earnings for the quarter ended September\u003c/a\u003e. However, analysts at Antique Broking see the stock turning things around.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eThe BDL Analyst:\u003c/strong\u003e Antique Broking maintained its \u0026#8220;buy\u0026#8221; rating for the stock, but reduced the target price to ₹1,357 from ₹1,579. The revised target still indicates an around 42% upside from the stock\u0026#8217;s current market price of around ₹955.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eThe BDL Thesis:\u003c/strong\u003e BDL reported Q2FY25 revenue of ₹550 crore, a decline of 11.5% year-on-year (YoY) and below Antique Broking\u0026#8217;s\u003ca href=\"https://in.benzinga.com/markets/equities/24/11/41962178/bdl-shares-in-green-ahead-of-q2-results-what-to-expect\"\u003e estimate of ₹700 crore. \u003c/a\u003eAnalysts attributed the revenue miss to continued supply chain challenges that have persisted for the past eight quarters, hampering the execution of the company's robust ₹19,000 crore order backlog.\u003c/p\u003e\n\n\n\n\u003cp\u003eEBITDA stood at ₹98.8 crore, below the brokerage\u0026#8217;s estimate of ₹140 crore, due to under-absorption of costs. EBITDA margin contracted 370 basis points YoY to 18.1%. PAT came in at ₹120 crore, a 16.7% YoY decline, and below Antique\u0026#8217;s estimate of ₹157 crore.\u003c/p\u003e\n\n\n\n\u003cp\u003eDespite these issues, BDL has maintained its revenue guidance of ₹3,000 crore+ for FY25. The company plans to prioritize orders with a functional supply chain and defer those facing challenges to FY26, the brokerage said.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eSee Also: \u003ca href=\"https://in.benzinga.com/news/earnings/24/11/42028685/hal-shares-jump-4-as-brokerages-remain-strongly-bullish-after-q2-print\"\u003eHAL Shares Jump 4% As Brokerages Remain Strongly Bullish After Q2-Print\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eWith an order backlog of ₹19,000 crore —equivalent to 8.6x its trailing 12-month revenue—Antique highlighted robust revenue visibility.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe brokerage said that the defence manufacturer should see a strong influx of orders. The company expects to finalise orders worth ₹2,000–5,000 crore in FY25, with a strong pipeline exceeding ₹20,000 crore over the next two to three years. Key projects in the pipeline include large-scale orders for Astra MK II, QRSAM, and MRSAM. BDL had secured ₹1,760 crore in orders during FY24.\u003c/p\u003e\n\n\n\n\u003cp\u003eAntique noted that while supply chain issues have dampened execution, BDL is taking steps to address these challenges. The company is developing alternate strategies to accelerate deliveries for orders unaffected by supply chain disruptions, with execution expected to pick up in the second half of FY25. The brokerage believes that supply chain normalization and indigenization efforts will enhance BDL's ability to execute its large order backlog.\u003c/p\u003e\n\n\n\n\u003cp\u003eAntique remains optimistic about BDL's long-term prospects, citing strong business fundamentals and export opportunities. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003ePrice Action:\u003c/strong\u003e BDL\u0026#8217;s share price was down 3.48% to trade at ₹955.15 on Monday afternoon.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eRead Next: \u003ca href=\"https://in.benzinga.com/analyst-ratings/analyst-color/24/11/42029033/vodafone-idea-shares-in-red-for-7th-consecutive-session-brokerages-cut-price-target\"\u003eVodafone Idea Shares In Red For 7th Consecutive Session: Brokerages Cut Price Targets\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003e\u003cem\u003eDisclaimer:\u003c/em\u003e\u003c/strong\u003e\u003cem\u003e This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.\u003c/em\u003e\u003c/p\u003e","channels":[{"tid":68,"vid":1,"name":"Analyst Color"},{"tid":24769,"vid":1,"name":"Equities"},{"tid":72,"vid":1,"name":"Price Target"},{"tid":39823,"vid":1,"name":"Reiteration"},{"tid":2,"vid":1,"name":"Markets"},{"tid":67,"vid":1,"name":"Analyst Ratings"},{"tid":24,"vid":1,"name":"Movers"},{"tid":22,"vid":1,"name":"Trading Ideas"}],"created":"2024-11-18T08:54:09Z","createdAt":"2024-11-18T08:54:09Z","id":42030213,"image":"https://www.benzinga.com/files/images/story/2024/11/18/Stocks-Watch--Shutterstock_0.png","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":false,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":false,"SendToMSN":false},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"SendNotification":true,"post_id":652442,"post_type":"benzinga_india","campaign_strategy":"Default"}},"nodeId":42030213,"stocks":[],"storyId":"673b00b1d149ec00010e6071","tags":[{"tid":933707,"vid":3,"name":"BDL"}],"teaser":"Shares of Bharat Dynamics Limited (BDL) have been under the pump after the company posted its earnings for the quarter ended September. However, analysts at Antique Broking see the stock turning things around.","teaserText":"Shares of Bharat Dynamics Limited (BDL) have been under the pump after the company posted its earnings for the quarter ended September. However, analysts at Antique Broking see the stock turning things around.","tickers":[],"title":"BDL Shares Down 3% After Q2, But Analyst Expects Over 40% Surge Ahead","updated":"2024-11-18T08:54:09Z","updatedAt":"2024-11-18T08:54:09Z","url":"https://in.benzinga.com/analyst-ratings/analyst-color/24/11/42030213/bdl-shares-down-3-after-q2-but-analyst-expects-over-40-surge-ahead"},{"assets":[{"type":"image","title":"car factory","alt":"car factory","source":"generated using DALL-E","mime":"","primary":true,"attributes":{"fid":"899643","filename":"car-factory.png","filepath":"files/images/story/2024/11/18/car-factory.png","filesize":0,"image_attributes":{"resolution":{"height":0,"width":0,"dpi":0}}}}],"author":"Benzinga India Staff","body":"\u003cp\u003e\u003cstrong\u003eSuzuki Motor Corporation\u003c/strong\u003e and \u003cstrong\u003eTata Elxsi\u003c/strong\u003e have inaugurated the \u0026#8220;Suzuki-Tata Elxsi Offshore Development Center\u0026#8221; in Pune, India, on Friday.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cstrong\u003eWhat Happened\u003c/strong\u003e: The Japanese multinational mobility manufacturer Suzuki and Tata Elxsi have unveiled a dedicated centre in Pune. This centre is set to drive Suzuki\u0026#8217;s advancements in engineering, thereby charting the path for future mobility.\u003c/p\u003e\n\n\n\n\u003cp\u003eThe collaboration between the two companies will concentrate on next-generation powertrains and software-defined vehicles, promoting energy-efficient solutions for electric, hybrid,\u0026nbsp;and alternative fuel vehicles. Tata Elxsi will align\u0026nbsp;with Suzuki's goals for sustainable\u0026nbsp;innovation in lightweight design, safety,\u0026nbsp;styling and engineering, eco-friendly materials, and advanced simulations\u0026nbsp;to improve time-to-market.\u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eSee Also:\u0026nbsp;\u003ca href=\"https://in.benzinga.com/markets/equities/24/11/42029262/mgl-igl-shares-tank-up-to-20-after-govt-cuts-apm-gas-allocation-for-2nd-straight-month\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eMGL, IGL Shares Tank Up To 20% After Govt Cuts APM Gas Allocation For 2nd Straight Month\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003cp\u003eSuzuki's Chief Technology Officer, \u003cstrong\u003eKatsuhiro Kato\u003c/strong\u003e, emphasised the centre\u0026#8217;s importance as a crucial part of Suzuki's innovation strategy. \u0026#8220;Tata Elxsi's expertise in advanced computing, simulation, and design digital makes them an ideal partner in bringing forward-thinking solutions to market. This strategic and long-term partnership incorporates Suzuki's endeavour of minimising energy and enables India's talent to actively contribute to our development efforts globally,\u0026#8221; said Kato.\u003c/p\u003e\n\n\n\n\u003cp\u003eThis development comes on the heels of \u003ca href=\"https://in.benzinga.com/markets/equities/24/10/41621219/maruti-suzuki-to-supply-ev-suvs-to-toyota-production-to-begin-in-2025\"\u003eSuzuki\u0026#8217;s recent collaboration with \u003cstrong\u003eToyota\u003c/strong\u003e\u003c/a\u003e to produce battery EV SUV models, set to begin in spring 2025 at its plant located in Gujarat. This partnership marked the first between the companies in green vehicles. \u003c/p\u003e\n\n\n\n\u003cp\u003e\u003cem\u003eRead Next:\u0026nbsp;\u003ca href=\"https://in.benzinga.com/markets/equities/24/11/42029214/why-tata-steel-hindalco-vedanta-and-other-metal-stocks-are-surging-up-to-4-today\" target=\"_blank\" rel=\"noreferrer noopener\"\u003eWhy Tata Steel, Hindalco, Vedanta And Other Metal Stocks Are Surging Up To 4% Today\u003c/a\u003e\u003c/em\u003e\u003c/p\u003e\n\n\n\n\u003c!--Neuro author block--\u003e\n \u003cdiv style=\"font-family: 'Lato', sans-serif\"\u003e\n \u003chr style=\"border: 0; height: 5px; background: #225aa9\"\u003e\n \u003cdiv style=\"\n background-color: #f5f5f5;\n background-position: center;\n background-size: cover;\n justify-content: center;\n \"\u003e\u003c/div\u003e\n \u003cp style=\"font-family: sans-serif; padding-top: 20px\"\u003e\n Engineered by\n \u003cspan style=\"\n font-weight: bold;\n text-decoration: none;\n color: #225aa9;\n font-size: 1rem;\n \"\u003eBenzinga Neuro\u003c/span\u003e, Edited by\n \u003cspan style=\"\n font-weight: bold;\n text-decoration: none;\n color: #225aa9;\n font-size: 1rem;\n \"\u003e\n \u003cu\u003e\u003ca href=\"https://in.benzinga.com/author/nivedita-hazra\" target=\"_blank\" rel=\"noopener\" style=\"color: #225aa9; text-decoration: none\"\u003e\n Nivedita Hazra\u003c/a\u003e\u003c/u\u003e\n \u003c/span\u003e\n \u003c/p\u003e\n \u003chr style=\"border: 0; height: 1px; background: #225aa9\"\u003e\n \u003cp style=\"font-family: sans-serif; padding-top: 20px\"\u003e\n The GPT-4-based Benzinga Neuro content generation system exploits the\n extensive Benzinga Ecosystem, including native data, APIs, and more to\n create comprehensive and timely stories for you.\n \u003ca href=\"https://www.benzinga.com/author/benzinga-neuro\" target=\"_blank\" rel=\"noopener\" style=\"color: #225aa9; text-decoration: none\"\u003eLearn more.\u003c/a\u003e\n \u003c/p\u003e\n \u003chr style=\"border: 0; height: 5px; background: #225aa9\"\u003e\n \u003c/div\u003e\n \u003c!--Neuro Author Block End--\u003e","channels":[{"tid":24769,"vid":1,"name":"Equities"},{"tid":57,"vid":1,"name":"News"},{"tid":87,"vid":1,"name":"Contracts"},{"tid":2,"vid":1,"name":"Markets"}],"created":"2024-11-18T08:33:20Z","createdAt":"2024-11-18T08:33:20Z","id":42030086,"image":"https://www.benzinga.com/files/images/story/2024/11/18/car-factory.png","isBzPost":true,"isBzProPost":true,"meta":{"SectorV2":{},"Partner":null,"PartnerTaxonomy":null,"SEC":null,"Author":null,"Authors":[{"uid":"0","name":""}],"Flags":{"ShowCopyrightNotice":false,"EvergreenContent":false,"ShowAdvertiserDisclosure":false,"ContributedContent":false,"AddGoogleStandoutMetaTag":false,"MediaSiteDNDOverride":false,"SendToYahooFinance":false,"SendToRobinhood":false,"SendToMSN":false},"Reach":{"Disclosure":{}},"Reference":null,"Ext":null,"wp_post_meta":{"SendNotification":true,"post_id":652378,"post_type":"benzinga_india","campaign_strategy":"Default"}},"nodeId":42030086,"stocks":[],"storyId":"673afbcfd149ec00010e5fef","tags":[{"tid":31656,"vid":3,"name":"Suzuki Motor Corp."},{"tid":897210,"vid":3,"name":"Tata Elxsi"},{"tid":780746,"vid":3,"name":"Tata Group"}],"teaser":"The collaboration between the two companies will concentrate on next-generation powertrains and software-defined vehicles, promoting energy-efficient solutions for electric, hybrid, and alternative fuel vehicles. ","teaserText":"The collaboration between the two companies will concentrate on next-generation powertrains and software-defined vehicles, promoting energy-efficient solutions for electric, hybrid, and alternative fuel vehicles. 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