News Overview

Oil & Natural Gas Corpn Ltd is quoting at Rs 173.15, up 0.76% on the day as on 12:49 IST on the NSE. The stock is up 65.46% in last one year as compared to a 20.66% gain in NIFTY and a 50.14% gain in the Nifty Energy.

Welspun Corp Ltd is quoting at Rs 198.2, up 5.85% on the day as on 12:49 IST on the NSE. The stock is up 32.58% in last one year as compared to a 20.66% jump in NIFTY and a 55% jump in the Nifty Metal.

Hindustan Copper Ltd is quoting at Rs 123, up 0.29% on the day as on 12:49 IST on the NSE. The stock is down 15.32% in last one year as compared to a 20.66% jump in NIFTY and a 55% jump in the Nifty Metal.

Company’s lending business scaled up to 6.5 million loan disbursals during the current quarter, aggregating to a total loan value of Rs3,553 crore.

Indian Energy Exchange on Wednesday announced that it traded 9,605 MU electricity volume and achieved 16% year on year growth in March 2022.

The Board of Directors of the Company at their meeting held on January 29, 2021, had approved the divestment.

All these washeries are expected to be operational by FY2026

Adani Wilmar has subscribed to additional 90000 fully paid-up equity shares of the face value of Rs 10 each at par amounting to Rs 9 lakh by way of subscription towards the rights issue of AWL Edible Oils and Foods a wholly owned subsidiary of the Company ranking pari passu with its existing equity shares

MOIL has achieved production of 12.31 lakh MT in FY 2021-22 as against 11.43 lakh MT in last year, an increase of ~ 8%. Total sales at 12.12 lakh MT are almost at the same level of previous year of 12.18 lakh MT.

Posting 54.3 in March, up from 53.5 in February, the S&P Global India Composite PMI Output Index highlighted the strongest rate of expansion in 2022 so far. Manufacturers signalled a sharper increase than service providers, but growth slowed among the former and accelerated at the latter. Following a substantial slowdown in growth at the start of the year amid the new wave of COVID-19, service […]