News Overview

V.S.T. Tillers Tractors total sales jumped 25.50% to 3,646 units in January 2022 from 2,905 units sold in January 2021.

The company’s EBITDA stood at Rs 500.84 crore for the quarter ending December 2021, as against Rs 347.86 crore for the previous corresponding quarter, reflecting a growth of 43.98% YoY.

Bharat Forge Ltd is quoting at Rs 750.25, up 2.07% on the day as on 12:54 IST on the NSE. The stock is up 15.71% in last one year as compared to a 19.95% spurt in NIFTY and a 9.33% spurt in the Nifty Auto index.

GAIL (India) Ltd is quoting at Rs 146.55, up 1.56% on the day as on 12:54 IST on the NSE. The stock is up 12.99% in last one year as compared to a 19.95% spurt in NIFTY and a 48.08% spurt in the Nifty Energy index.

Jindal Steel, Vedanta, and Hindalco were among the top gainers while Welspun Corp was under pressure.

Piramal Enterprises Ltd is quoting at Rs 2485, up 3.91% on the day as on 12:54 IST on the NSE. The stock is up 65.57% in last one year as compared to a 19.95% spurt in NIFTY and a 11.42% spurt in the Nifty Financial Services index.

The finance minister proposed the introduction of digital currency which is expected to be a big boost to digital economy. Digital rupee is to be issued using blockchain and other technologies; to be issued by RBI starting 2022-23, Sitharaman added. Powered by Capital Market – Live News

Lupin had earlier also bagged the US FDA approval for review of Biologics License Application (BLA) for its proposed biosimilar to Neulasta® (pegfilgrastim) through a filing using the 351(k) pathway.

The finance minister estimates the budgeted fiscal deficit, which is the difference between the government expenditure and income, for the next fiscal ending March 2023 at 6.4%. The revised fiscal deficit estimate for the current financial is pegged at 6.9% against budgeted target 6.8%. Total expenditure is estimated at Rs 39.45 lakh crore. Revenues are estimated at Rs 22.84 lakh cr. The Union governments capital […]

ITC Ltd is quoting at Rs 223.85, up 1.66% on the day as on 12:49 IST on the NSE. The stock is up 2.59% in last one year as compared to a 19.87% jump in NIFTY and a 9.78% jump in the Nifty FMCG.