India’s largest two-wheeler maker, Hero MotoCorp Limited, saw its shares decline by 2 percent till the afternoon on Wednesday to trade at Rs 2,605 levels. The scrip fell after the company reported muted sales in Q3. On a consolidated basis, Hero MotoCorp Limited reported a total revenue of Rs 8,118.33 which grew sideways on a [...]
Cement stocks were trading in the green on Wednesday, a day after Finance Minister Nirmala Sitharaman indicated that the government could consider a reduction in the goods and services tax on cement. Cement stocks like India Cements (up 1.99%), UltraTech Cement (up 1.87%) Ramco Cements(up 1.53%) Heidelberg Cement India (up 1.97%) were in the green [...]
The Indian equity indices opened in green on Wednesday, ahead of the RBI MPC meet outcome. The NSE Nifty 50 rose 66.85 points or 0.38% to start at 17,788.35 while the BSE Sensex climbed 220.75 points or 0.37% to begin at 60,506.79 levels. As markets remain in green, here are 2 Mahindra group stocks that [...]
The shares of Pearl Global Industries Limited opened 15 percent higher at Rs 413.60 levels on Wednesday as against its previous close of Rs 359. The scrip jumped after the company posted robust quarterly results. In Q3FY23, the company reported total revenue from operations of Rs 717 Crore, a jump of 2 percent Year on [...]
Birla Corporation Limited, a flagship company of the M P Birla group, started Wednesday’s session in the green at Rs 908 levels. The company is primarily engaged in the manufacturing of cement as its core business activity. It has a significant presence in the jute goods industry as well. In Q3FY23, the company reported a [...]
The promoters of the Adani Group have prepaid ₹ 9,250 crores ($1.1 billion) of debt backed by shares on Monday, 19 months ahead of their maturity in September 2024. This prepayment will release the pledge from three companies — Adani Ports and SEZ, Adani Green Energy and Adani Transmission. “In light of recent market volatility [...]
The shares of BLS International Services Ltd gained more than 3 percent by the last trading hour of Tuesday to be at Rs 186.85 levels. The company remained in focus after its board meeting. In Q3FY23, BLS International Services Limited revenue from operations stood at Rs 437.9 which increased 93 percent from Rs 227.06 Crore [...]
Bharat Agri Fert & Realty is a small-cap company with a market valuation of ₹ 589 crores. The company is engaged in the business of construction and development of Residential And Commercial Complexes, Manufacturing Fertilisers And Operating A Resort. The board of directors of Bharat Agri Fert & Realty in their meeting held on February [...]
The shares of Tata Steel Limited declined by more than 5.5 percent and were trading at Rs 111 levels till the afternoon on Tuesday. The tata group stock fell after it reported a loss in the third quarter of FY23. In Q3FY23, the company reported a total revenue of Rs 57,083.56 Crore which declined by [...]
CG Power and Industrial Solutions Limited gained 4 percent till the afternoon on Tuesday and reached a 52-week high of Rs 319.15. In the past month, the stock has jumped by 10 percent. In Q3FY23, their consolidated revenue stood at Rs 1,775.44 Crore which increased 14 percent YoY from Rs 1,775.44 Crore and 5 percent [...]
