Nippon Life India Asset Management has allotted 81325 equity shares under ESOP Consequently with effect from 03 January 2022 the paid-up equity share capital stands increased to 621905633 equity shares of Rs 10 each
Angel One announced its key business parameters for the month of December 2021 The companys client based rose 63Percentage m-o-m to 778 million in month of December 2021 The y-o-y growth in client based was 1442Percentage The gross client acquisition rose 32Percentage m-o-m to 046 million The y-o-y growth in gross client acquisition was 1104Percentage The average daily turnover in overall equity segment stood at […]
Gayatri Tissue Papers will hold a meeting of the Board of Directors of the Company on 11 January 2022
Till date the government has already announced GDP data for the Mar-21 and the Sep-21 quarters. On 07th January 2022, the National Statistical Office, MOSPI, released its first advance estimates (AE) of GDP for the financial year 2021-22. The second advance estimate will be released on 28-Feb along with the Dec-21 quarter GDP numbers, which will be closer to the real GDP picture.
The Dec-21 quarter is likely to face pressure on two fronts. Firstly, the input costs in many sectors have stabilized but hardly abated. Secondly, bond yields have shot up by 35-40 bps during the Dec-21 quarter and that has pushed up cost of funds. That is also likely to put pressure on the bottom line.
The heavy civil infrastructure business of LT Construction has won a prestigious order from Delhi Metro Rail Corporation DMRC for the design and construction of the underground metro project of Phase 1 of Patna MRTS As per the companys project classification the order is valued between Rs 1000 crore to Rs 2500 crore

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