Stock market opened lower on Thursday, with benchmark index Sensex declining nearly 150 points amid mixed global cues and broader concerns over the US Federal Reserve's interest rate trajectory. The 30-share BSE Sensex dropped 149.95 points or 0.25 per cent to 60,198.14 points, while the broader NSE Nifty fell 29.75 points or 0.17 per cent [...]
The shares of Titan Company, a Tata group stock, declined marginally and closed at Rs 2,397 levels. The stock has been on a downward trend and has shed 3 percent in a month and over a six months period, it has declined by 8 percent. Titan Company Limited, which commenced its operations in 1984, is [...]
Along the lines of the ‘Atmanirbharta’ vision of the Union Government, the defence ministry signed two contracts on March 7, Tuesday with Hindustan Aeronautics Ltd. (HAL) and Larsen & Toubro (L&T) Ltd. to indigenously procure training aircraft and ships for a total value of Rs 9,900 crore. Following the update, the stock of HAL surged [...]
Reliance Jio, the country's largest telecom operator, on Wednesday announced the launch of its 5G services in 27 more cities of 13 states and union territories to extend its network of ultra high-speed telephony to 331 cities across India. Jio True 5G is now available in 27 additional cities in states like Andhra Pradesh, Chhattisgarh, [...]
The Board of Directors of Allcargo Logistics, at its Meeting held on Monday, i.e., 6th of March 2023, approved the declaration pertaining to the Interim Dividend of ₹3.25 per share which is equivalent to 162.5% on a face value of ₹2/- each. The record date has been decided to be 15th March. The dividend yield, [...]
Rising for the third straight session, equity benchmark Sensex closed higher by 123 points on Wednesday, propped up by robust fag-end buying in banking and financial stocks amid a bearish trend in global equity markets. Besides, covering-up of short positions by bears supported the late recovery in stocks, helped wipe off losses, traders said. However, [...]
Nettlinx Ltd, on Monday, declared 1st interim dividend for the financial year 2022-23 of Rs. 0.40 per share on a face value of Rs 10/- each. The record date has been fixed to be 17th March. Apart from the dividend declaration, they also announced a bonus issue in a 1:1 ratio with the record date [...]
The shares of various Indian gas companies across different verticals have been clocking their 52-week highs or near 52-week highs recently. This is alongside the two recent developments in the gas sector: a sharp drop in liquefied natural gas (LNG) prices and an increase in LPG cylinder prices. Spot LNG prices have come down by [...]
YES Bank Ltd, a retail investor-heavy stock, will end its 3-year lock-in period on 13th March 2023. On this, multiple brokerage firms and analysts have initiated their comments. The Bank stock started its trading session at Rs 16.85 and is currently trading at Rs 16.65. Over a horizon of a month, the stock is down [...]
Oil marketing PSU Indian Oil Corporation (IOC) is keen to develop its existing refinery in West Bengal Haldia into a petrochemicals complex for “sustaining operations profitably”, a company official said on Wednesday. Running a standalone refinery is “not sustainable in terms of profitability” for which it has to be supplemented by a petrochemicals complex, he [...]
