The shares of ONGC inched marginally higher and closed at Rs 128.8 on Tuesday. In the past month, the stock has been volatile and shed approximately 1.5 per cent. A few days ago, Oil & Natural Gas Corporation Limited (ONGC) announced that the company through its offshore arm ONGC Videsh Ltd. is planning to buy [...]
The shares of Axita Cotton Limited were trading marginally higher at Rs 374 levels on Tuesday morning. In the past month, the stock has zoomed by approximately 22 percent. On a Year to Date (YTD) basis, the stock has delivered a multibagger return of 342 percent to its investors. Axita Cotton Limited is engaged in [...]
IT company L&T Technology Services on Tuesday posted a 22.7 per cent growth in consolidated net profit to Rs 282.4 crore for the second quarter ended September 2022. The company had reported a net profit of Rs 230 crore in the same period a year ago. The consolidated revenue from operations of L&T Technology Services [...]
Corporate funding in the global solar sector declined by 18 per cent year-on-year to USD 18.7 billion in January-September 2022, according to a Mercom Capital report. Corporate funding includes venture capital and private equity (VC), debt financing, and public market financing. "Total corporate funding in 9M 2022 (first nine months) stood at USD 18.7 billion, [...]
Tata Communications was trading in the green on both exchanges ahead of their Q2 result. Its shares were trading at ₹ 1,234.70 apiece at 03:03 PM on Tuesday. The company’s results in the previous quarter were strong, however, it is facing headwinds like supply chain issues and OEM lead time issues. The stock is in [...]
Air India chief Campbell Wilson on Tuesday said the airline aims to have 30 per cent share in both domestic and international markets in the next five years. Currently, the loss-making carrier, which was taken over by Tata group in January, has put in place the revival plan 'Vihaan.AI'. Air India aims to have 30 [...]
The shares of Zee Entertainment Enterprises Limited were trading 3.5 per cent higher at Rs 273 levels on Tuesday afternoon. The stock has remained volatile in the last month and has inched marginally by 2.3 per cent. Recently, the shareholders of the media company have approved the proposed merger of their business with its peer [...]
Equity benchmark indices rallied for the third day in a row on Tuesday amid firm global market trends and buying in index major Reliance Industries. The 30-share BSE Sensex jumped 549.62 points or 0.94 per cent to settle at 58,960.60. During the day, it zoomed 732.68 points or 1.25 per cent to 59,143.66. Similarly, the [...]
Indian benchmark indices opened higher on Tuesday tracking strong global cues and amid falling crude oil prices. The NSE Nifty50 climbed more than 150 points to trade above 17,450 levels while the BSE Sensex surged more than 500 points to trade at 58,930 levels. Gokul Agro Resources Limited is a company that manufactures a variety [...]
Ambuja Cements Ltd on Tuesday said it has issued 47.74 crore warrants to Adani family firm Harmonia Trade and Investment and raised Rs 5,000 crore. Ambuja Cement, now a part of Adani Cement, has issued 47.74 crore warrants at a price band of Rs 418.87, said a regulatory filing by the company. As per the [...]
