News Overview

The domestic equity barometers traded with minor gains in afternoon trade. The Nifty managed to hold above the 17,200 mark. Oil & gas, PSU banks, metals and consumer durable stocks advanced. At 13:22 IST, the barometer index, S&P BSE Sensex was up 122.14 points or 0.21% to 57,288.88. The Nifty 50 index gained 50.50 points or 0.29% to 17,224.15. Meanwhile, the NSE India VIX, a […]

Ind-Ra continues to take a consolidated view of VDL and its subsidiaries, together referred to as the VDL group.

Indian Oil Corporation Ltd is quoting at Rs 132.8, up 3.67% on the day as on 12:54 IST on the NSE. The stock is up 51.25% in last one year as compared to a 20.37% spurt in NIFTY and a 66.96% spurt in the Nifty Energy index.

Power Finance Corporation Ltd is quoting at Rs 120.8, up 1.51% on the day as on 12:54 IST on the NSE. The stock is up 14.45% in last one year as compared to a 20.37% spurt in NIFTY and a 13.39% spurt in the Nifty Financial Services index.

Oil & Natural Gas Corpn Ltd is quoting at Rs 179.3, up 1.99% on the day as on 12:54 IST on the NSE. The stock is up 74.33% in last one year as compared to a 20.37% jump in NIFTY and a 66.96% jump in the Nifty Energy index.

JSW Steel Ltd is quoting at Rs 779.4, up 1.5% on the day as on 12:54 IST on the NSE. The stock is up 25.59% in last one year as compared to a 20.37% jump in NIFTY and a 54.11% jump in the Nifty Metal index.

NTPC Ltd is quoting at Rs 165.5, up 1.41% on the day as on 12:54 IST on the NSE. The stock is up 67.09% in last one year as compared to a 20.37% jump in NIFTY and a 66.96% jump in the Nifty Energy index.

ANAROCK data reveals that out of the total unsold stock across the top 7 cities, affordable housing inventory saw the most significant decline of 21% — from 2,34,600 units by Q1 2020-end to 1,86,150 units by Q1 2022-end.

Coal India (CIL) jumped 5.57% to Rs 199.95 after the company said that it has raised the supplies to thermal power stations by 14.2% during the first half of April 2022 as compared to same period last April.

The manufacturing line is being set up at its existing aseptic liquid packaging plant in Sanand, Gujarat.