News Overview

The allotment of 4.15% Senior Secured Notes due 2025 is equivalent to ~Rs3,514cr under the USD 3,500,000,000 Global Medium Term Note Programme.

Investors will focus on major Q3 earnings like Bajaj Auto, ICICI Lombard and L&T Infotech among others.

Consumer Durables stocks were trading in green, with the S&P BSE Consumer Durables index increasing 78.23 points or 0.17% at 45743.66 at 09:50 IST.

Oil and Gas stocks were trading in green, with the S&P BSE Oil&Gas index increasing 76.62 points or 0.41% at 18911.57 at 09:50 IST.

Metal stocks were trading with gains, with the S&P BSE Metal index increasing 219.43 points or 1.1% at 20175.11 at 09:50 IST.

Cash and Investments stood at Rs3,769cr as of December 31, 2021, compared to Rs1,509.6cr as of December 31, 2020, and Rs3,773.4cr as of September 30, 2021.

Tata Elxsi rose 3.84% to Rs 6615 after the companys net profit jumped 43.49% to Rs 150.95 crore on 33.18% increase in revenue from operations to Rs 635.41 crore in Q3 December 2021 over Q3 December 2020.

These liabilities were due in FY 2022-23 to 2034-35, with accrued interest rates between 9.30% to 10% with an average residual period of 7 years.

Rationale behind split is to improve the liquidity of the Company’s share.

Lupin today announced that it has entered into a partnership with Shenzhen Foncoo Pharmaceutical Co. (Foncoo). This is Lupins first partnership arrangement in China and reinforces Lupins commitment to bringing high quality generic and complex generic medicines to patients around the world. Powered by Capital Market – Live News