News Overview

Emami Ltd is quoting at Rs 446, down 1.81% on the day as on 13:19 IST on the NSE. The stock tumbled 13.76% in last one year as compared to a 1.85% rally in NIFTY and a 12.07% fall in the Nifty Financial Services index.

Eicher Motors Ltd is quoting at Rs 3513.5, down 0.09% on the day as on 13:19 IST on the NSE. The stock jumped 29.64% in last one year as compared to a 1.85% rally in NIFTY and a 9.74% spurt in the Nifty Bank index.

GMR Airports Infrastructure reported a net loss from continuing operations of Rs 195.02 crore in Q2 FY23 as against a net loss of Rs 501.70 crore in Q2 FY22.

Zydus Lifesciences Ltd is quoting at Rs 414.45, down 2.21% on the day as on 13:19 IST on the NSE. The stock tumbled 13.76% in last one year as compared to a 1.85% rally in NIFTY and a 5.74% fall in the Nifty Metal index.

The domestic equity barometers traded near the flat line with tiny gains in the afternoon trade. The Nifty traded a tad below the 18,340 mark. Auto, bank and financial services stocks were in demand while realty, FMCG and IT shares declined. At 13:28 IST, the barometer index, the S&P BSE Sensex, was up 31.76 points or 0.05% to 61,655.91. The Nifty 50 index gained 10.65 […]

Ganesan is joining IppoPay from Spark Capital Advisors with a wealth of experience spanning more than ten years in investment banking.

Globus Spirits slumped 8.78% to Rs 734.40 after the companys net profit declined 57.9% to Rs 22.1 crore on 25.7% jump in net revenue from operations to Rs 480.3 crore in Q2 FY23 over Q2 FY22.

OPEC stated in latest monthly update while India’s major economic activities kept its positive momentum, inflation and a slowdown in industrial activities might overshadow the steady economic activities. Due to global supply chain disruptions, industrial output kept deteriorating in August, contracting by 0.8% y-o-y compared with 2.2% y-o-y growth in July. Nevertheless, the pick-up in capital infrastructure and consumer durables output continued to build momentum. […]

Aseptic Packaging sales volumes increase by 149% yoy.

Radico Khaitan slipped 2.83% to Rs 956 after the the liquor makers standalone net profit tumbled 25.2% to Rs 51.8 crore as against Rs 69.3 crore recorded in Q2 FY22.