News Overview

On June 20, LIC's stock hit a new 52-week low on the NSE after the investment banker's research wing commenced covering with a 'outperform' recommendation.

Safari Manufacturing Limited is the wholly-owned subsidiary of Safari Industries (India).

The key equity indices traded near the days high with decent gains in the early afternoon trade. The Nifty traded above the 15,300 level. FMCG, financial services and IT stocks advanced while metal, oil & gas and realty shares declined. FMCG shares snapped their losing streak of six days. At 12:24 IST, the barometer index, the S&P BSE Sensex, was up 292.01 points or 0.57% […]

FICCIs latest quarterly survey on Manufacturing sector reveals that momentum of growth continued in subsequent quarters of Q-4 (Jan-Mar 2021-22) and Q-1 April-June (2022-23) and there seems to be an improvement in hiring/employment outlook after a long gap. The survey noted that 54.8% respondents reported higher production levels in Q-1 (April- June 2022-23), with an average expectation of increase in production by over 10%. The […]

The company has agreed to issue up to 63,10,680 equity shares with a face value of Rs1 each of the company to Smiti Holding and Trading Company Private Limited.

SPS Finquest Ltd, Indian Card Clothing Company Ltd, Omaxe Ltd and IRIS Business Services Ltd are among the other gainers in the BSEs B group today, 20 June 2022.

Ever wondered who all are part of the Monetary Policy Committee and what is its mandate? Check out.

On 23 June 2022

The downgrade follows a similar rating action on SIPL’s parent, SEL.

New Zealand BusinessNZ Performance of Services Index rose from 52.2 to 55.2 in May. Activity/sales rose sharply from 53.3 to 59.6. But employment dropped from 51.0 to 48.5. New orders/business rose from 55.2 to 62.0. Stocks/inventories ticked down from 55.0 to 54.6. Supplier deliveries rose from 40.5 to 45.0.Powered by Commodity Insights