News Overview

Indian Overseas Bank (IOB) rose 4.20% to Rs 18.60, extending gains for third day in a row.

The demerger will allow each of the two businesses, Compounding, and Reprocessing, to have a separately defined strategy, the company said.

Steel production of 6.57 lakh tonnes in February 2022.

India adds 4,184 new cases recorded in the last 24 hours. Daily positivity rate stands at 0.48% and Weekly Positivity Rate at 0.58%. Indias Active caseload currently stands at 44,488. Active cases stand at 0.10%. Recovery Rate currently stands at 98.70% with 6,554 recoveries in the last 24 hours taking the total recoveries to 4,24,20,120. 77.60 crore tests were conducted so far; 8,73,974 tests conducted […]

The Company had allotted 1.50 crore warrants to Shankar Sharma on January 23, 2022, against a payment of 25% of the total amount. On March 09, 2022, Sharma has paid the remaining 75% of the amount to the Company.

Auto stocks were trading in green, with the S&P BSE Auto index increasing 692.03 points or 3.08% at 23131.09 at 09:51 IST.

Banking stocks were trading in green, with the S&P BSE BANKEX index increasing 1339.2 points or 3.46% at 40059.47 at 09:51 IST.

Real Estate stocks were trading in green, with the S&P BSE Realty Index index increasing 110.13 points or 3.31% at 3438.67 at 09:51 IST.

Gufic Biosciences added 3.32% to Rs 230.3 after the pharmaceutical company announced that it is entering into a research and collaboration agreement with Selvax Pty to accelerate the commercialization of Selvaxs cancer immunotherapy treatment.

The company has acquired a 9.012% stake in Avaada for consideration of Rs7.90 crore.