News Overview

Hindalco Industries Ltd has added 14.07% over last one month compared to 5.95% gain in S&P BSE Metal index and 10.11% drop in the SENSEX

On the sectoral front, auto, metal, banking indices logged profit booking while power, IT and pharma sectors logged some buying sentiments from investors. BSE midcap and smallcap indices were higher 1% each.

Natco Pharma rose 4% to Rs 881.35 after the company announced the launch of the first generic version of Revlimid (lenalidomide capsules) in the US market.

Metro Brands said that Sohel Kamdar, chief operating officer (COO) & key managerial personnel of the company, has tendered his resignation citing personal reasons.

The company allots 750 Secured, Rated, Listed, Redeemable, Transferable, NCDs of Rs10 lakh each on a Private Placement basis.

The domestic equities are trading lower in early trade on negative global stocks. Soaring crude oil prices amid the ongoing Russia-Ukraine crisis continued to spook investors. At 9:30 IST, the barometer index, the S&P BSE Sensex, fell 129.37 points or 0.24% at 52,713.38. The Nifty 50 index shed 46.85 points or 0.30% at 15,816.30. In the broader market, the S&P BSE Mid-Cap index rose 1.15% […]

Adani Transmission Ltd has added 11.95% over last one month compared to 1.49% fall in S&P BSE Power index and 10.23% drop in the SENSEX

The steel makers standalone crude steel production for the month of February 2022 grew 21% year on year to 15.80 lakh tonnes as against 13.06 lakh tonnes in February 2021.

NLC India said that its board has declared an interim dividend of Rs 1.50 per equity share for the financial year 2021-22.

The rating on fund-based working capital limits has been affirmed at IND A+/Stable/IND A1.