Shares of a large-cap company were in the green after it reported better-than-expected results for the June quarter. At 12:38 AM, its shares were trading at ₹ 450.50 apiece on the National Stock Exchange (NSE). ITC’s key segments performed well, however, the results for agri and paperboard segments were subdued. The stock took a breather [...]
Shares of this Miniratna stock fell up to 9 percent on Wednesday post the release of financial results for the quarter ended June 2023. The company has a market capitalization of Rs 13,900 crores. The stocks of Hindustan Copper Limited opened their trading hour on Wednesday at Rs 145 and currently trade at Rs 143.90. [...]
Coal India Ltd's capital expenditure rose 8.5 per cent during April-July this fiscal to Rs 4,700 crore as it continued to invest heavily in evacuation infrastructure, land, and mining machinery, officials said. The capex spend during the first four months of the current fiscal year which started in April, was almost 100 per cent of [...]
Mahindra & Mahindra expects electric vehicle production at its upcoming plant in Chakan in Maharashtra to hit the peak production mark of 2 lakh units per annum between 2027 and 2029, according to company President -Automotive Sector Veejay Nakra. The company estimates that EVs would account for 30 per cent of the overall volumes by [...]
The shares of basmati rice exporter gained 4.5 percent to Rs 121.20 apiece on Wednesday following the company’s impressive June Quarter financial results. At 1:35 p.m.,Sarveshwar Foods Ltd shares were trading at Rs 120.95 a share on the National Stock Exchange, up Rs 5.35 or 4.63 percent. The company has a market capitalization of Rs [...]
A New Year wish in Jan 2022 would be to make good profits on your portfolio. This would have fructified by 900% if one would have invested in a multibagger called Spacenet Enterprises India Ltd, a global fintech enterprise (NSE: SPCENET). Disruptive tech stocks have been the darling of stock markets but Spacenet has now [...]
On Wednesday, the shares leading manufacturer of Drip Irrigation Systems rose 5.7 percent to Rs 25.60 per share after the company announced impressive June quarter financial results. At 12:56 p.m. on the Exchange, Captain Polyplast Ltd shares were trading at Rs 25.35 per share, up Rs 1.16 or 4.80 percent from the previous close price. [...]
Leading financial/investment institutions, commercial banks, and financial services firms founded ICRA Limited (formerly known as Investment Information and Credit Rating Agency of India Limited) in 1991 to serve as an independent and qualified investment information and credit rating agency. The telecom services industry is expected to post moderate revenue growth of 7-9 per cent in [...]
Debt-ridden telecom operator Vodafone Idea on Monday said its consolidated net loss widened to Rs 7,840 crore in the first quarter ended June 30. The company had posted a net loss of Rs 7,295.7 crore in the same period a year ago. The consolidated revenue from operations during the reported quarter increased marginally by 2.3 [...]
Stainless steel flexible hose manufacturer Aeroflex Industries Ltd on Wednesday said it has a fixed price band of Rs 102-108 a share for its Rs 351-crore initial public offering (IPO). The maiden public issue will open for subscription on August 22 and conclude on August 24. The bidding for anchor investors will open on August [...]
