News Overview

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 […]

The domestic equity barometers further pared losses in early afternoon trade. The Nifty traded above 17,850 mark. Auto shares witnessed some bit of profit booking after advancing in the past five sessions. At 12:29 IST, the S&P BSE Sensex declined 377.73 points or 0.63% to 59,798.77. The Nifty 50 index shed 94.90 points or 0.53% to 17,862.50. The broader market outperformed the frontline indices. The […]

Electricity volumes rise 20% in Q4 and 38% in FY22

Here is the stock market performance at 12:30 PM today.

OMCs have also signed long term ethanol off-take agreements with prospective project proponents to set up dedicated ethanol plants in deficit states.

Company’s term loan with its maturity date in March 2029 has been assigned an ‘Ind A’ rating and was given a stable outlook for the same.

The World Bank on Monday has cut its growth forecast for East Asia and the Pacific for 2022 to reflect the economic impact of Russia's invasion of Ukraine, warning the region could lose further momentum if conditions worsen