News Overview

Of Rs.1.70 per share

On 21 March 2022

For FY2022, ICRA expects the industry’s operating margins to contract sharply by 350 to 450 bps Y-o-Y from 7.3% in FY2021. Headwinds to continue in the near-term in view of rising commodity prices.

For Scheme of Amalgamation

The central bank has increased eligibility criteria for microfinance loans to a household having an annual income of up to Rs3 lakh while removing the interest rate cap on such loans.

IPCL and E2S Power will work with major companies in the power and renewable energy sector in India to identify, evaluate and offer optimized integrated thermal energy solutions for existing plants and facilities being phased out.

The rating agency has assigned an ICRA A+ rating to the company’s Tier II Bonds.

The benchmark indices hit intraday low during afternoon trade, dragged by metal, oil & gas and IT scrips. The Nifty slipped below 16,700 mark. At 13:30 IST, the barometer index, the S&P BSE Sensex, fell 592.71 points or 1.05% at 55,893.31. The Nifty 50 index lost 180 points or 1.07% at 16,691.30. Reliance Industries (down 2.18%), Infosys (down 2.25%) and HDFC Bank (down 1.17%) dragged […]

Granules India said that Granules Pharmaceuticals, Inc. (GPI), a wholly-owned foreign subsidiary of the company, located in Chantilly, Virginia, USA received an establishment inspection report (EIR) from the US Food and Drug Administration (US FDA).

Here is the stock market performance at 1:30 PM today.