The key equity barometers were hovering near the flat line with minor cuts in the early trade on Wednesday. The Nifty was trading below 17,580 mark. Realty, pharma and media stocks were in demand while auto, metal and financial services shares declined. At 09:30 IST, the barometer index, the S&P BSE Sensex, was down 41.37 points or 0.07% to 58,989.93. The Nifty 50 index shed […]
Ugro Capital advanced 3.22% to Rs 186 after the NBFC announced that the meeting of the investment and borrowing committee of the board is schedule on 26 August 2022 to consider raising funds.
With the addition of the English speaking and communications vertical provided by Schola, Brightchamps will be able to scale more quickly in its core Southeast Asian markets, including Vietnam, Thailand, and Indonesia
This follows an earlier statement of Board approval on August 12, 2022.
Arvind SmartSpaces jumped 4.76% to Rs 229.10 after the Lalbhai Group Company announced signing of an agreement with HDFC Capital Affordable Real Estate Fund - 3 for the creation of residential development platform.
Chennai Petroleum Corporation advanced 4.15% to Rs 318.65 after the companys board approved the Proposal for formation of a joint venture company (JVC) with Indian Oil Corporation (IOC) and other seed equity investors.
CPCL’s contribution to the Joint Venture will be 25%.
Media and realty stocks were in the fast lane, while the remainder of indices were either in red or marginally up.
Adani Power Ltd has added 33.92% over last one month compared to 11.18% gain in S&P BSE Power index and 5.79% rise in the SENSEX
Phoenix Mills Ltd has added 10.43% over last one month compared to 1.46% gain in S&P BSE Realty Index index and 5.85% rise in the SENSEX

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