Jash Engineering gained 10.90% to Rs 803 after the company announced that it has received consolidated orders worth Rs 102 crore in the month of August 2022.`
The European unit recovered back to parity against the dollar on Friday as the greenback came under renewed pressure, off its two decade peak. The dollar index that measures the greenback against a basket of currencies was down more than 1% at 108.53 while the 10-year US Treasury bond yield stays relatively quiet at around 3.3%. Meanwhile, hawkish European Central Bank which raised its key […]
The headline equity indices ended with decent gains after a volatile session on Friday. IT, bank and auto stocks were in demand. On the other hand, realty, consumer durables and media shares were under pressure. Global cues were positive as investors digested a record rate hike by the European Central Bank and further comments from Federal Reserve Chair Jerome Powell. The Nifty opened higher and […]
Mahindra & Mahindra announced that its subsidiary, Mahindra Logistics has incorporated a wholly owned subsidiary – V-Link Freight Services in Mumbai on 09 September 2022. Pursuant to the above, VFSPL has also become a subsidiary of the Company with effect from 9 September 2022. Powered by Capital Market – Live News
Nifty IT index ended up 2.21% at 28724.05 today. The index has lost 3.00% over last one month. Among the constituents, L&T Technology Services Ltd jumped 4.05%, Tech Mahindra Ltd added 3.40% and Larsen & Toubro Infotech Ltd gained 3.32%. The Nifty IT index has decreased 17.00% over last one year compared to the 2.67% spike in benchmark Nifty 50 index. In other indices, Nifty […]
Punjab National Bank has received assignment / affirmation in credit rating from India Ratings and Research on 08 September 2022: AT1 Bonds – IND AA+/Stable (Assigned) Long-Term Issuer Rating – IND AAA/Stable (Affirmed) Short-Term Issuer Rating – IND A1+ (Affirmed) Fixed Deposits – IND AAA/Stable (Affirmed) Certificates of Deposit (CDs) – IND A1+ (Affirmed) Basel Ill Tier 2 Bonds – IND AAA/Stable (Affirmed) AT1 Bonds […]
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