News Overview

Record date for IDCW is 09 November 2022

Copper inventories fell sharply in the previous session marking the lowest level in seven months. LME-copper inventories fell sharply by 8250 tonnes to 93975 tonnes, marking their lowest level since April 06th, after hitting a four month high around mid-October. Powered by Commodity Insights

The key equity benchmarks traded with moderate losses in the mid-morning trade. The Nifty traded below the 18,050 level. Pharma shares snapped its four day rising streak. At 11:30 IST, the barometer index, the S&P BSE Sensex, was down 80.29 points or 0.13% to 60,756.12. The Nifty 50 index lost 14.95 points or 0.08% to 18,037.75. In the broader market, the S&P BSE Mid-Cap index […]

JMC Projects (India) advanced 3.69% to Rs 114.10 after the company announced that it has secured new orders of Rs 2,277 crore in the domestic market.

Record date for dividend is 09 November 2022

Analysts at IIFL Capital Services studied Public Finance data for both Centre (H1FY23) and 19 major states (up to August 2022).

Adani Total Gas consolidated net profit rose 1.2% to Rs 160.02 crore on 72.1% jump in revenue from operations to Rs 1,115.50 crore in Q2 FY23 over Q2 FY22.

Amara Raja Batteries jumped 10.82% to Rs 576.05 after the company reported 39% rise in consolidated net profit to Rs 201.22 crore in Q2 FY23 from Rs 144.32 crore in Q2 FY22.

Raymond rose 3.12% to Rs 1297.10 after the companys consolidated net profit surged 198.25% to Rs 158.85 crore on 39.77% increase in net sales to Rs 2168.24 crore in Q2 September 2022 over Q2 September 2021.

Good performance likely in the quarter.