News Overview

Sales rise 28.07% to Rs 8613.00 crore

Nifty PSU Bank index ended down 2.10% at 2786.75 today. The index is up 3.00% over last one month. Among the constituents, State Bank of India slipped 3.04%, Indian Bank shed 2.65% and Bank of Baroda dropped 2.15%. The Nifty PSU Bank index is up 42.00% over last one year compared to the 19.20% surge in benchmark Nifty 50 index. In other indices, Nifty Bank […]

Hindustan Zinc reported an 18% increase in consolidated net profit to Rs 2,928 crore in Q4 FY22 from Rs 2,481 crore posted in Q4 FY21.

Sales rise 40.48% to Rs 13.57 crore

The benchmark indices ended with steep losses on Friday. All the sectoral indices on the NSE ended in the red. The Nifty ended below the 17,200 level, reversing from the days high of 17,315.30 in afternoon trade. The investor sentiment was dented after Federal Reserve Chair Jerome Powell hinted a two or more half percentage-point interest-rate increases in the upcoming policy meeting. As per provisional […]

Excel Industries announced that CRISIL has revised its rating outlook on the long term bank facilities of the Company to Positive from Stable while reaffirming the long term rating at CRISIL A+ and reaffirming the rating on the short-term bank facilities at CRISIL A1. Powered by Capital Market – Live News

Its revenue grew by 21% yoy at Rs6,569.70 crore in FY22.

Pearl Global Industries announced that its wholly owned subsidiary, Pearl Global (HK) has entered into Share Purchase Agreement on 21 April 2022, for acquisition of 52.11% equity shares of Alpha Clothing, a Company incorporated in Bangladesh. Powered by Capital Market – Live News

Business Wire India The new Experian Global Insights Report concludes that digital online spending will continue to gain strength even as consumers emerge from lockdown and return to in-person transactions. Consumers are also engaging with digital payments as much as they engage with email. The growth curve of online spending has increased the use of mobile wallets that now rival traditional payment methods. The latest […]

SBI Cards & Payment Services has allotted 48,000 equity shares under ESOP on 22 April 2022. Post allotment, the paid up equity share capital has increased to Rs. 9,43,22,04,890/- consisting of 94,32,20,489 equity shares of Rs. 10/- each. Powered by Capital Market – Live News