News Overview

Sensex and Nifty 50 were on a bullish tone led by broad-based buying with IT, metals, banking stocks in the fast lane.

Indian Energy Exchange achieved 7151 MU volume in July22 comprising 6088 MU in the conventional power market, 589 MU in the Green Power Market, and 475 MU (4.75 lac Certificates) in the REC Market, with a decline of 1.7% across all market segments on YoY basis. According to the power demand data published by the National Load Dispatch Center, during July22 the energy consumption at […]

Subex Ltd has added 61.9% over last one month compared to 6.87% gain in S&P BSE IT Sector index and 10.47% rise in the SENSEX

The key equity indices are trading with modest gains in the early trade on buying demand in index pivotals. Positive Asian stocks boosted the sentiment. The Nifty traded above the 17,460 mark. IT, metal and healthcare shares were in demand while realty, PSU bank and FMCG stocks corrected. At 09:26 IST, the barometer index, the S&P BSE Sensex, was up 311.19 points or 0.53% to […]

Nilesh Gupta, Managing Director, Lupin Limited, commented on the results, saying, "Our numbers are muted this quarter, but we expect a strong rebound Q2 onwards."

A lot was riding on Car Trade when it opened its initial public offering for investors, its market value has corrected by more than half since then.

The Indian rupee is seen extending weakness on Thursday ahead of RBI rate decision due tomorrow. The Reserve Bank of Indias rate-setting panel on Wednesday began its three-day deliberations on the next bi-monthly monetary policy. The Monetary Policy Committee is scheduled to announce its decision on August 5. While a 25 bps hike is ruled out, market opinions are reportedly split between a 35 bps […]

Som Distilleries & Breweries Ltd is an India-based company, which is engaged in the manufacture and sale of beer and Indian-made foreign liquor (IMFL).

The accepted Bid Project Cost for the said project is Rs208.89 crore.

The company is having a wide customer base, which offers substantial base to market its products.