News Overview

Auto stocks outperformed the broader markets indices, while consumer durables, capital goods and oil & gas stocks further added substantial gains.

ACKPL has allotted over 13 lakh equity shares to the company consequent to the conversion of 4,977 CCDs. ACKPL has now become a subsidiary of the Company.

Rupa Devi Singh was the founder M D & CEO of PXIL an Exchange for electricity trading, promoted by NSE & NCDEX.

The proceeds from the issuance of the Notes will be utilised for refinancing of existing debt and to fund capital expenditure requirements of the Issuer.

Auto stocks were trading in the positive zone, with the S&P BSE Auto index rising 535.17 points or 2.04% at 26829.93 at 09:50 IST.

Consumer goods stocks were trading with gains, with the S&P BSE Consumer Discretionary Goods & Services index increasing 39.81 points or 0.66% at 6072.57 at 09:50 IST.

Industrials stocks were trading in the positive zone, with the S&P BSE Industrials index rising 35.08 points or 0.57% at 6169.24 at 09:50 IST.

Lagnam Spintex hit an upper circuit limit of Rs 10% to Rs 90.45 after the companys net profit surged 107.05% to Rs 9.40 crore on 45.03% rise in net sales to Rs 90.95 crore in Q3 December 2021 over Q3 December 2020.

Apollo Tyres rose 1.60% to Rs 235.25 after the company made a cash investment of Rs 9.33 crore by acquiring 27.20% stake or 11,66,250 equity shares having face value of Rs 10 each, at a premium of Rs 70 each, on Friday, 14 January 2022.

The two-wheeler major further augments its endevours towards emerging mobility.