Benchmark equity indices Sensex and Nifty declined more than 1 per cent at close on Friday dragged down by a heavy sell-off in index major HDFC twins. The 30-share BSE Sensex tanked 694.96 points or 1.13 per cent to settle at 61,054.29. During the day, it plunged 747.08 points or 1.20 per cent to 61,002.17. [...]
Global gold demand declined by 13 per cent year-on-year to 1,080.8 tonnes during the January-March quarter of this year, mainly due to outflows from European-listed exchange traded fund (ETF) products, according to the World Gold Council (WGC). The total gold demand stood at 1,238.5 tonnes during the first quarter of 2022, WGC's Gold Demand Trends [...]
Auto components major Bharat Forge Ltd on Friday reported a consolidated net profit of Rs 127.74 crore for the fourth quarter ended March 31, 2023. The company had posted a consolidated net profit of Rs 231.86 crore in the same period of the previous fiscal, Bharat Forge said in a regulatory filing. Consolidated revenue from [...]
Shares of Kenvi Jewels Limited opened its trading hour today at Rs 138 and are currently locked in the 5 percent upper circuit. Moreover, it touched the 52-week high mark at a price of Rs 138.75. In the last 5 trading sessions, the stock has gained more than 20 percent ranging from Rs 115.15 to [...]
With a market capitalization of ₹ 1,670 crores, Sirca Paints India is a small-cap company that manufactures, sells and exports wood coatings and other decorative paints under the brands Sirca, Unico and others. Its paints and textures include interior, exterior, wall primer, finishes/effects and wall putty. According to an exchange filing, the company has announced [...]
Tata Motors, a Tata Group company, in an exchange filing, informed that it has scheduled a board meeting on Friday, May 12, 2023, to consider the proposal of declaration of a dividend on its ordinary shares and ‘A’ Ordinary shares for the financial year ended March 31, 2023. This matter will be discussed along with [...]
With a market capitalization of Rs 8,781 crores, Manappuram Finance Limited’s shares tanked around 13 percent today and currently trade at Rs 103.40. In the last 5 trading sessions, the stock has lost about 19 percent of the stakeholder’s wealth. Such stock movements are observed after a recent development took place pertaining to search operations [...]
Shares of AGI Greenpac Ltd., a containers and packaging company shot up 20% to reach an intraday high of ₹ 496.10 apiece. At 12:06 PM, its shares were trading at ₹ 492.00, up 19.00%. AGI Greenpac manufactures and markets various packaging products including glass containers and polyethylene terephthalate (PET) bottles, products and security caps and [...]
Shares of merger-bound HDFC Bank and Housing Development Finance Corporation Limited closed in the red after falling sharply on Friday. This happened after an update by the MSCI (Morgan Stanley Capital International) spooked investors. HDFC Bank’s shares dropped 5.84 per cent to close at ₹ 1626.95 apiece, while Housing Development Finance Corporation’s shares slumped 5.56 [...]
Shares of Titan Company Ltd were in the green after the company reported robust results for the fourth quarter of FY23 and for the entire year. Its shares were quoting at ₹ 2729.95 apiece, up 2.31% at 11:35 AM on the National Stock Exchange (NSE). Titan, a Tata group company is one of the most [...]
