Shares of Bhansali Engineering Polymers Limited, an Integrated Petrochemical Company based in India, rallied nearly 13 percent and currently trade at Rs 115. The company has a market capitalization of Rs 1,908 crores. One of the probable reasons for the stock prices to surge is the recent regulatory filing that the company filed with the [...]
One of the most important parameters to judge the performance of the company is to watch how the debt scenario of the company is and how leverage is managed by the same. Keeping the advantages of debt financing aside, it is important to note how it affects the operational numbers over the years. Moving further, [...]
Fincare Small Finance Bank Ltd has refiled its preliminary IPO papers with market regulator Sebi after updating documents on financial earnings for fiscal 2022-23. This came after the Securities and Exchange Board of India (Sebi) returned the small finance draft IPO (Initial Public Offering) papers on March 3 and asked the company to refile the [...]
Airtel Payments Bank on Tuesday said it has collaborated with the National Payments Corporation of India (NPCI) to roll out face authentication for the Aadhaar-enabled Payment System at its 5 lakh banking points. Airtel Payments Bank is among the first four banks to offer face authentication for AePS (Aadhaar-enabled Payment System). "We are delighted to [...]
Benchmark indices fell in early trade on Wednesday, halting their eight days of rally, ahead of the US Federal Reserve's interest rate decision and weak global market trends. Also, fall in index majors Reliance Industries, ICICI Bank, Infosys and HDFC added to the weak trend in equities. The 30-share BSE Sensex declined 330.27 points to [...]
State-owned NMDC Ltd on Tuesday reported an 11.42 per cent rise in its iron ore production of 3.51 million tonne (MT) in April 2023. It produced 3.15 MT of iron ore in the same month last year, NMDC said in a BSE filing. Last month, the company's sales rose by around 10 per cent to [...]
Go First on Tuesday said it has been forced to seek voluntary insolvency resolution proceedings due to "serial failure" of Pratt & Whitney engines resulting in grounding of 50 per cent of the fleet and is no longer in a position to continue to meet its financial obligations. The latest move by the Wadia group-owned [...]
State-owned NTPC Ltd on Tuesday reported an over two-fold jump in production of coal from its captive mines at 2.75 million metric tonnes in April 2023. "NTPC recorded 2.75 million metric tonnes (MMT) of coal production during the month of April 2023 as compared to 1.11 MMT recorded for the month of April 2022," a [...]
Shares of HFCL Limited, an Indian Telecom company, closed today at a price of Rs 64.20. The scrip dipped around 1 percent as compared to the previous closing price of Rs 64.80. In the past one month, the stock has gained around 5 percent ranging from Rs 61.30 to the current price levels. Keeping a [...]
Equity benchmarks ended higher on Tuesday mainly due to buying in index heavyweights Infosys and Reliance Industries amid foreign fund inflows. Also, firm trend in Asian gauges and record GST collection in April added to the optimism. Rallying for the eighth straight day, the 30-share BSE Sensex climbed 242.27 points or 0.40 per cent to [...]
