Torrent Power Soars 9% After Q3 Results, Announces Special Dividend
Shares of Torrent Power surged 9% to Rs 499 on the BSE in intraday trade on Wednesday after the company posted solid earnings for the...
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Stocks to Buy for Wednesday, February 15,2023
In the previous session, the Nifty index saw a gap up opening. The index got stronger as the day progressed and closed with a net...
PI Industries Rises 58% to Rs 351 Crore in Q3 Profit
PI Industries’ share price grew more than 3% on February 15, a day after the company reported a 58.04% upsurge in net profit at Rs...
Adani Plans to Repay $500 Million Loan Taken for Cement Deals
India’s tormented Adani Group is discussing with moneylenders to repay a $500 million channel loan facility it had occupied to buy supervisory stakes in cement...
ITC Shares Fall 2% on Turning Ex-Dividend
The share price of ITC fell 2% in the morning session on February 15, the record date for the expanded conglomerate’s interim dividend. The slide...
Govt Goes Again for BSNL-MTNL Merger
After numerous ineffective attempts over the last 15 years, the government is again bidding on a merger between state-owned Bharat Sanchar Nigam (BSNL) and Mahanagar...
SBI Loans to be Costlier as Bank Hikes Key Lending Rate
State Bank of India (SBI) has announced a 10 basis point (bps) hike in the marginal cost of fund-based lending rate (MCLR) across the tenor....
Prestige Estates Projects Surge 3% on Strong Q3 Revenue and Profit Growth
Shares of leading real estate developer Prestige Estates Projects rose 3% at the opening trade on February 15. Shares of the company were trading at...
Eicher Motors, VI, Siemens, Bharat Forge, ONGC are in Focus
As investors digest better-than-expected US inflation data, domestic markets will likely start Wednesday’s session on a tepid note. The consumer price index rose 0.5% in...
Air India to Buy 250 Aircraft from Airbus
Tata Group is to buy 250 planes from Airbus in the largest aviation deal in world history. The deal includes purchasing 40 A350 widebody long-range...