Stock market news that you should not miss today

Here is the important stock market news to watch out for today.

Jun 22, 2021 07:06 IST India Infoline News Service

Here is the important stock market news to watch out for today.
  • Markets to open on a positive note; support @15,606, resistance at 15,900.
  • FIIs sold shares worth Rs1244.71cr (cash), bought Rs138.09cr in index futures.
  • US markets closed higher. Asian Markets opened in the green.
  • Brent crude was 0.20% higher at $75.05 per barrel.
  • State Bank of India: The Central Board of the bank accorded approval for raising fresh Additional Tier 1 (AT1) capital up to an amount of Rs14,000cr subject to Government of India concurrence.
  • Oil India: The Company has reported a significant increase in Q4 2020-21 EBITDA at ~ Rs1754.83cr as compared to negative EBITDA in Q4 2019-20 due to better oil price realization.
  • Jaiprakash Associates: The company reported lower consolidated profit at Rs424.41cr in Q4FY21 against Rs3,068.10cr in Q4FY20, revenue rose to Rs2,517.2cr from Rs1,876.03cr yoy.
  • Dish TV India: The board approved the raising of funds up to Rs1,000cr through rights issue, at a price of Rs10.
  • NMDC will announce its quarterly financial results on Tuesday.
  • NILA Infrastructure: During Q4-FY2021, the total revenue of the Company was Rs384.2 million i.e. higher by Rs6.4 million to Q3FY21’s revenue of Rs377.7 million. Profitability at EBIDTA level has also improved to a large extent to Rs89.2 million i.e. higher by Rs49.9 million compared to Q3FY21’s EBITDA of Rs39.3 million. The Company reported a profit of Rs43.4 million i.e. higher by Rs24.1 million compared to Q3FY21’s profit of Rs19.3 million.
  • PG Electroplast approves Rs76.6cr Incoming Investment from Baring Private Equity India, Ananta Capital and Others.
  • KPIT boosts software integration expertise by acquiring PathPartner Technology.
  • VST Tillers Tractors: The company reported profit at Rs12.93cr in Q4FY21 against loss of Rs3.38cr in Q4FY20, revenue rose to Rs194.74cr from Rs119.80cr yoy.

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