News Overview

Coal India Ltd has added 13.67% over last one month compared to 3.6% gain in S&P BSE Metal index and 3.64% drop in the SENSEX

Kalpataru Power Transmission gained 3.6% to Rs 391.10 after the EPC company received a Letter of Intent (LoI) for power transmission and distribution project in international market.

The domestic equities saw a strong rally in early trade tracking positive global stocks. Auto, banking and financial services stocks gained. The Nifty moved above 16,600 mark. At 9:30 IST, the barometer index, the S&P BSE Sensex, jumped 994.5 points or 1.82% at 55,641.83. The Nifty 50 index advanced 279.65 points or 1.71% at 16,625. In the broader market, the S&P BSE Mid-Cap index rose […]

Domestic markets made massive gains due to positive cues with all sectoral indices trading in the green except metals. ; Tata Motors, Asian Paints, Axis Bank top gainers.

Jindal Stainless (Hisar) rose 3.77% to Rs 356.20 after the company said it received AS 9100D Certification, a quality management system for aviation, space, and defence organizations.

The company will issue equity shares on a rights issue basis to the eligible equity shareholders of the company on the record date.

The agreement is to accelerate the commercialization of Selvax’s cancer immunotherapy treatment.

The Board of Directors of the company will meet to consider raising funds by way of issuance of NCDs on a private placement basis.

Axis Bank Ltd has lost 11.68% over last one month compared to 8.06% fall in S&P BSE BANKEX index and 3.43% drop in the SENSEX

Jindal Steel & Power (JSPL) reported an 8% year on year increase in steel sales to 5.9 lakh tonnes in February 2022 as compared to 5.47 lakh tonnes sold in February 2021.