India's crude steel production rose by 5.80 per cent to 124.45 million tonne (MT) in 2022, according to SteelMint. The country had produced 117.63 MT crude steel in 2021, the market research firm said. The production of finished steel was at 110.03 MT, up from over 104.54 MT a year ago, SteelMint said in its [...]
Equity benchmark Sensex declined more than 200 points in early trade on Monday, tracking losses in index-heavyweights Infosys, TCS and HUL amid a broadly negative trend in global markets. Besides, a weak rupee against major rivals dented the domestic equity market sentiments, traders said. The 30-share BSE index was trading 203.71 points or 0.33 per [...]
The index may continue to rise, and this might push it as high as 18150/61500. On the other hand, the negative mood is expected to worsen and spread faster below 17700/60400. The index could retest the level of 17500-17400/59700/59400 below 17700/60400. Kotak Securities As the markets sentiments remain volatile, here are 7 stocks recommended by [...]
The Shares of Bombay Super Hybrid Seeds Limited have delivered 7,024% in just 3 years, as the share price has risen from Rs 8.9 in October 2020 to the current level of Rs 634 on the NSE. Established in the year 1983, Bombay Super Hybrid Seeds is a leading agriculture Sowing Seeds Company in India [...]
Dividends have been a passive source of income for many. Investors make money from dividends even when stocks are trading sideways or are showing a downtrend. In this highly volatile market after the budget, here is a list of companies that are going to trade ex-dividend in the coming week: IIFL Finance Ltd It will [...]
Sebi on Friday tweaked its operational circular on credit rating agencies (CRAs), asking them to have a detailed policy by March-end in respect of non-submission of crucial information, including quarterly financial numbers, by the issuers. Also, the detailed policy should contain methodology in respect of assessing the risk of non-availability of information from the issuers, [...]
Homegrown FMCG firm Emami Ltd on Friday reported a 6.12 per cent increase in consolidated Profit after Tax (PAT) to Rs 232.97 crore for the third quarter ended December 2022 amid contraction of gross margins due to inflationary pressure. The company had posted a PAT of Rs 219.52 crore during the October-December quarter of the [...]
Shares of four Adani Group firms, including Adani Enterprises and Adani Ports bounced back on Friday after facing heavy drubbing in the past 6 days. The stock of Adani Enterprises rebounded 1.25 per cent to settle at Rs 1,584.20 apiece on the BSE. During the day, it tumbled 35 per cent to Rs 1,017.10 -- [...]
Max Healthcare Institute on Friday said it will invest around Rs 400 crore to expand its Mohali-based hospital. The construction of the new building that will house 170 beds officially commenced today, the healthcare provider said in a statement. On completion of the project by the end of the third quarter of 2024, the hospital [...]
Luxury watch retailer Ethos Ltd on Friday said its profit after tax jumped more than 60 per cent to Rs 20.7 crore during the quarter ended December 2022. The company had registered a profit after tax (PAT) of Rs 12.1 crore in the third quarter of the previous fiscal, according to a statement. Its revenue [...]
