News Overview

Sundaram Clayton Ltd registered volume of 4.55 lakh shares by 10:45 IST on BSE, a 996.14 fold spurt over two-week average daily volume of 457 shares

The share price of the private sector lender has risen above the previous record high of Rs 919.95 set on October 27, 2022

The company announced that it has entered into two M&A developments to support its transformation journey.

Business Wire India Northleaf Capital Partners (“Northleaf”), a global private markets investment firm, today announced the opening of a new office in Tokyo, Japan. It is the ninth location in Northleaf’s global network and builds on the firm’s longstanding commitment to the Asia-Pacific (“APAC”) region, complementing its well-established presence in Melbourne, Australia.   The Tokyo office will be led by Jeff Pentland, a founding partner […]

As a preliminary step, Leyland will revamp an existing fleet of 45,000 trucks, which RIL has contracted to transport refined products and other marketing goods.

The RBI raised policy rate by 35 basis points to 6.25%, expectedly tempering the magnitude after three consecutive hikes of 50 basis points. Verbals were more hawkish than expected by analysts at IIFL Capital Services, as RBI seems worried on sticky core inflation and uncertain path forward, despite downgrading GDP growth (IIFL Capital Services’ estimates were well below RBI’s, at 6.5%).

The key equity indices managed to pare all losses and traded with decent gains in morning trade. The Nifty traded above the 18,600 mark. PSU banks extended their wining streak for sixth consecutive session. At 10:26 IST, the barometer index, the S&P BSE Sensex, was up 134.28 points or 0.22% to 62,544.96. The Nifty 50 index added 39.85 points or 0.21% to 18,600.35. In the […]

VA Tech Wabag rose 1.19% to Rs 335.40 after the company said that its board has approved the appointment of Pankaj Malhan as deputy managing director and Group chief executive officer of the company, with immediate effect from 7 December 2022.

Shares of Dharmaj Crop Guard were currently trading at Rs 277.50 at 10:16 IST on the BSE, representing a premium of 17.09% as compared to the issue price of Rs 237.

JSW Steel reported standalone Crude Steel production for the month of November, 2022 at 16.90 lakh tonnes, a growth of 16% YoY on standalone basis. The break-up of standalone production is as below: (Lakh Tonnes)   Nov22  Nov21  Growth (YoY)    Crude steel 16.90  14.60  16%    Flat rolled products 11.86  9.99  19%    Long rolled products 3.47  3.32  5%  Powered by Capital Market – […]