News Overview

The key equity barometers continued to trade with minor gains in mid-afternoon trade. The Nifty hovered around the 16,700 mark. IT shares witnessed buying interest second consecutive session. At 14:22 IST, the barometer index, the S&P BSE Sensex, was up 131.53 points or 0.24% to 55,990.05. The Nifty 50 index gained 39.20 points or 0.24% to 16,697.60. The continued escalation of the Russia Ukraine conflict […]

Ugro Capital on Monday announced that the companys Investment and Borrowing Committee approved a fund raising of Rs 50 crore with an option to retain over-subscription up to Rs 50 crore, aggregating up to Rs 100 crore.

Through public issue

Net Profit for the year was at Rs1,466 million compared to Rs973 million in 2020.

On private placement basis

Auto stocks were trading in red, with the S&P BSE Auto index decreasing 222.86 points or 0.9% at 24540.79 at 13:51 IST.

Banking stocks were trading in the negative zone, with the S&P BSE BANKEX index falling 370.51 points or 0.88% at 41513.65 at 13:51 IST.

Financials stocks were trading with losses, with the S&P BSE Finance index falling 41.83 points or 0.53% at 7848.67 at 13:51 IST.

On 26 February 2022

The rating on long-term bank facilities has been reaffirmed at CARE A and short-term bank facilities at CARE A1.