News Overview

The total cost of the project is Rs560.26 crore.

The company’s board has approved the acquisition of the entire stake (i.e., 100% shareholding) in RREL as per the Resolution framework approved by the National Company Law Board/National Company Law Appellate Tribunal.

PTC India Ltd has lost 9.08% over last one month compared to 13.4% fall in S&P BSE Utilities index and 2.25% drop in the SENSEX

On the sectoral front, Nifty Auto (+0.52%), FMCG (+0.65%), and Oil & Gas (+0.66%) topped the chart with about a 1% jump.

Auto, FMCG generated highest returns among all the sectors in May 2022

Gold futures fell further below $1840 mark on Wednesday as dollar remained firm tracking higher treasury yields. COMEX gold fell to a low of $1835 levels and is currently quoting at $1839.20 per pound. Meanwhile, the dollar index, which measures the greenback against a basket of currencies is quoting at 101.90 after spiking above 102 mark overnight. Dollar tracked benchmark treasury yields that were hovering […]

Other Asian markets have started the day in green

eMudhra: The stock will make market debut today. The initial public offer (IPO) of eMudhra was subscribed 2.72 times. The issue opened for bidding on 20 May 2022 and it closed on 24 May 2022. The company priced the issue at the top end of the Rs 243-256 per share IPO price band. Bharat Dynamics (BDL): The state-run company has signed a contract worth Rs […]

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 30.50 points at the opening bell. Economy: Indias GDP growth in Q4 FY22 was at 4.1% year-on-year, compared to a revised growth of 5.4% for Q3 FY22. Gross Value Added (GVA), which excludes the impact of subsidies and indirect taxes, grew 3.9% year-on-year in the fourth […]

Munjal Showa announced that the 37th Annual General Meeting AGM of the company will be held on 12 August 2022