Gravita India Surges 8% to Record High After Strong Q3 Results
Shares of Gravita India rose 8% to hit a record high of Rs 496.55 in intraday trade on Tuesday after the company posted a 28%...
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Nykaa Appoints P Ganesh as CFO
P Ganesh will step into his role at the company on February 3, 2023. Nykaa’s parent company, FSN E-Commerce Ventures, announced on Monday (January 23,...
Welspun Corp Shares Rise Nearly 4% After Securing Contracts in Saudi Arabia
Shares of Welspun Corp rose nearly 4% intraday on January 24 after its subsidiary won contracts worth SAR 569 million in Saudi Arabia. East Pipes...
HDFC Bank Rallies 7% in Six Days, Shares Near All-Time High
Shares of HDFC Bank hit a nine-month high of Rs 1,702, up 2% in intraday trade on Tuesday. Shares of the largest private sector bank...
Tata Communications Ltd Drops 3.1%
Tata Communications Ltd has added 10.78% over December 2022 compared to a 0.14% fall in the S&P BSE Telecommunication index and a 2.23% rise in...
Gland Pharma Q3 PAT Skides 15% YoY
On a consolidated basis, the net profit of the pharmaceutical company dropped 15% to Rs 231.95 crore on an 11.8% decline in net sales to...
India Enters Green Bond Market with First $1 Billion auction
India’s first sovereign green bond is due to be auctioned on Wednesday, with policymakers laying the groundwork to secure the debut. Authorities have pitched the...
RBI Asks SBM Bank to Halt Transactions Under Remittance Scheme
On Monday, the Reserve Bank of India (RBI) directed SBM Bank’s Indian subsidiary to immediately halt all transactions under the Freedom to Send Money scheme....
Nifty Trades Above 18,150 Mark, Market Breadth Strong
In the morning trade, the critical equity benchmarks traded with decent gains. Nifty is trading above the 18,150 level. IT, banking and auto stocks rose,...
Adani FPO Likely to Fetch Bankers Rs 100-150 Crore
Investment bankers are set to raise Rs 100-150 crore from a follow-on public offering (FPO) of Adani Enterprises. Adani’s Rs 20,000 crore FPO will be...