State-owned Coal India Ltd on Thursday reported a 6.6% rise in production at 244.3 Million Tonnes (MT) in the first four months of the ongoing fiscal.

The company's production was at 229.1 MT in the April-July period of the previous financial year, Coal India Ltd (CIL) said in a filing to NSE.

Benchmark indices closed higher on Thursday, with NIFTY50 up 0.24% and SENSEX adding 126 points. In the NIFTY50 space, 28 stocks advanced. Power Grid, Coal India and ONGC were among the top gainers.

Arvind Fashions Ltd on Thursday reported a consolidated net profit of ₹13.92 crore in the first quarter ended June 2024, aided by a strong revenue growth.

The company had posted a consolidated net loss of ₹4.53 crore in the same quarter last fiscal, Arvind Fashions Ltd (AFL) said in a regulatory filing.

HeidelbergCement India Ltd has reported a decline of 23.7% in its net profit at Rs 39.9 crore for the first quarter ended June 2024.

The company had reported a net profit of ₹52.32 crore in the April-June period a year ago, according to a regulatory filing from HeidelbergCement India.

Electric two-wheeler maker Ather Energy on Thursday said it will collaborate with Amara Raja Advanced Cell Technologies for development and supply of battery cells.

The company has signed a Memorandum of Understanding (MoU) with Amara Raja Advanced Cell Technologies (ARACT), a wholly owned subsidiary of Amara Raja Energy & Mobility (ARE&M), Ather Energy said in a statement.

Benchmark indices are trading higher on Thursday, with NIFTY50 up 0.14% and SENSEX adding 70 points. In the NIFTY50 space, 30 stocks advanced. Power Grid, Coal India and Dr Reddy's were among the top gainers.

Tata Motors on Thursday reported an 11% year-on-year (YoY) dip in total sales at 71,996 units in July. The company had sold 80,633 units in July 2023.

The total domestic sales dipped 11% and stood at 70,161 units last month as against 78,844 units in the year-ago period, Tata Motors said in a statement.

Hero FinCorp, the financial services division of two-wheeler manufacturer, Hero MotoCorp, has filed preliminary papers with capital markets regulator Sebi to raise Rs 3,668 crore through an Initial Public Offering (IPO).

Tata Power on Thursday said its step-down subsidiary TP Parivart has inked a pact to set up a 70 MW solar project for Tata Steel at Akola in Maharashtra.

TP Parivart Ltd has signed a power delivery agreement with Tata Steel, one of the country's leading steel manufacturing companies, for a 70 MW group captive solar power plant at Akola, Maharashtra, a NSE filing said.

Benchmark indices opened higher on Thursday, with NIFTY50 up 0.37% and SENSEX adding 290 points. In the NIFTY50 space, 39 stocks advanced. Maruti Suzuki, JSW Steel and Hindalco were among the top gainers.

The GIFT NIFTY is up 0.2%, indicating a positive and a gap-up start above the 25,000 mark for the NIFTY50 today. In contrast, the other Asian markets are trading lower. Japan’s Nikkei 225 has dropped by more than 2%, and Hong Kong’s Hang Seng index slipped by 0.2%.