The Indian stock market began the week on a desultory note on Monday. Metal stocks dragged the markets amid demand worries and weaker sentiment in global markets. However, the BSE Sensex rose 110 points to 53,018 in opening trades. Here are a few shares that opened gap-up on Monday and went on to reach their [...]
In line with the government's COP26 commitments, the Ministry of Steel has asked the stakeholders to develop a time-bound action plan to lower emissions in the steel industry. According to a ministry document, the iron and steel industry globally accounts for around 8 per cent of total carbon dioxide (CO2) emissions on an annual basis, [...]
Torrent Pharmaceuticals, one of the top pharmaceutical firms in the country stated in a BSE filing that it had fixed Monday, July 11, 2022, as the record date for the purpose of determining the names of Members who shall be entitled to allotment of bonus equity shares in the ratio of 1: 1. The shares [...]
Benchmark Indices ended in the red as Sensex shed 111 points or 0.21% to end at 52907. Meanwhile, the Nifty index slipped 28 points or 0.18% and settled at 15752 points. However, here are a few stocks that investors can consider for an upside of up to 48% Gujarat Gas Limited (GGL) ICICI Securities has [...]
Vedanta Group expects its semiconductor business turnover to be in the range of USD 3 to 3.5 billion out of which around USD 1 billion will come from exports, a senior official of the company said. Vedanta Group's global managing director of display and semiconductor business Akarsh Hebbar told PTI that its JV partner Foxconn [...]
Adani Ports and Special Economic Zone Ltd is trading near its 52-week low of Rs 651.95. In the last month, the stock has dropped by 9%. In Friday's trading session, the stock closed at Rs 678.30. The current level represents an approximate decline of 38% from its 52-week high of Rs 924.65. The company was [...]
With more than 5 decades of operational history, Hindustan Zinc is the largest zinc-lead miner in India. Globally, it is the second-largest extractor. The company has a market share of 78% in the country’s primary zinc industry. Along with zinc mining, the company is also involved in producing silver. It stands sixth in line with [...]
Benchmark Indices slipped on Friday, as investors assessed risks to the economic outlook. The NSE Nifty 50 was trading at 15612.95 points, down 167.30 points or 1.06%. Meanwhile, the BSE Sensex was trading at 52480.39 points, down 538.55 points or 1.02%. We entered the second quarter with losses in the financials and auto sector. For [...]
Concord Enviro Systems, an environmental engineering solutions firm, has filed preliminary papers with Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises fresh issuance of equity shares worth Rs 175 crore and an offer-for-sale (OFS) of 35,69,180 equity shares by promoters and an investor, according to the draft red herring [...]
The government has hiked gold import duty to 15 per cent from 10.75 per cent to check current account deficit (CAD) and rising import of the yellow metal. The duty changes came into effect from June 30. Earlier, the basic customs duty on gold was 7.5 per cent, now it will be 12.5 per cent. [...]
