27    C

Miscellaneous / The Economic Times

Sterlite Power offloads 14.7% stake in IndiGrid for Rs 840 crore

Sterlite Power has sold 14.7 per cent stake in IndiGrid with the transaction valued at Rs 840 crore at a unit price of Rs 98. The sale of its stake has been made to institutional and HNI investors, the company said in a statement.

14 Aug 2020 9:37 pm
Nesco Q1 results: Net profit increases 36% to Rs 51 cr

The company, which is into real estate, exhibition centre, food and beverages and engineering businesses, had reported a net profit of Rs 37.83 crore in the corresponding period of the last fiscal.

14 Aug 2020 9:32 pm
Fortis Healthcare Q1 results: Posts net loss of Rs 188 cr

Its consolidated income from operations stood at Rs 605.95 crore for the quarter under consideration. It was Rs 1,138.31 crore for the corresponding period a year ago.

14 Aug 2020 9:29 pm
NTPC Q1 results: Profit falls 5% YoY to Rs 2,470 crore, beats Street estimates

The company had reported a net profit of Rs 2,602.79 crore in the same quarter a year ago.

14 Aug 2020 2:36 pm
Hindalco Q1 results: Firm reports net loss of Rs 40 crore; revenue dips 26% YoY

Standalone revenue from operations declined 26.20 per cent YoY to Rs 7,420 crore.

14 Aug 2020 2:32 pm
Betting on laggards! Team Naren dumps RIL, insurers to look beyond big names

The biggest bets of the ICICI Pru investment team, led by market veteran S Naren, during the month were in power, oil and gas, shipping, textiles, banking and PSU stocks.

14 Aug 2020 2:31 pm
Bulls build huge intraday bets on Nifty

The bulls wrote huge number of puts intraday at 11,300 and 11,200 levels on weekly expiry options.

14 Aug 2020 1:23 pm
Stock market update: SmallCap stocks gain; Vascon Engineers skyrockets 20%

The BSE SmallCap index was trading 0.66 per cent up at 14030.95.

14 Aug 2020 1:22 pm
Stock market update: BSE MidCap index flat; Shriram City Union Finance soars 13%

The BSE MidCap index was trading 0.3 per cent up at 14626.53.

14 Aug 2020 1:15 pm
Stock market update: Telecom stocks gain; RCom jumps 5%

The Nifty Telecom index was trading 0.25 per cent up at 1257.11.

14 Aug 2020 1:05 pm
MSCI reduces Airtel's weight in indices amid foreign holding limit confusion

MSCI cut Bharti's weight from 3.5 per cent to 1.8 per cent in the India index and from 0.285 per cent to 0.144 per cent in the Emerging Markets (EM) Index on Wednesday.

14 Aug 2020 7:46 am
Cholamandalam Financial Holdings Q1 results: Reports PAT at Rs 589 cr

The consolidated PAT was Rs 330.02 crore during the corresponding period last year, the city-based Murugappa Group company said in a statement.

13 Aug 2020 11:39 pm
City Union Bank Q1 results: Net profit down 17% at Rs 154 cr

The bank had posted a net profit of Rs 185.65 crore in the corresponding period of the previous fiscal, CUB said in a regulatory filing.

13 Aug 2020 11:36 pm
EIH Q1 results: Posts net loss of Rs 152 cr due to Covid-19 impact

Consolidated total income stood at Rs 44.62 crore during the quarter under consideration. It was at Rs 358.22 crore in the same period a year ago.

13 Aug 2020 10:25 pm
RBI tightens norms for core investment companies

It also restricted the number of layers of CICs within a Group, including the parent CIC) to two, in order to address the complexity in group structures and existence of multiple CICs within a group.

13 Aug 2020 7:41 pm
Fino Payments Bank Q1 results: Posts operating profit of Rs 11 crore despite Covid-19 setbacks

Remittances went down very sharply, but we benefited from higher-margin developments like higher deposit accretion, micro ATM and cash management services, and Aadhaar-enabled payments services (AEPS), Gupta told .

13 Aug 2020 7:30 pm
Sebi issues procedure for exchanges to handle investor complaints against listed cos

Under the framework, exchanges can levy penalty on companies in case of non-redressal of investor complaints and ask depositories to freeze the shareholding of the promoter entities.

13 Aug 2020 7:24 pm
BPCL Q1 results: Net profit rises 22% to Rs 2,188 crore even as revenue drops 41%

Its revenues from operations dropped 41.09 per cent to Rs 50,909.24 crore from Rs 86,412.87 crore a year ago.

13 Aug 2020 6:25 pm
PFC Q1 results: Net profit up 23% to Rs 3,557 crore

Its total income rose to Rs 16,932.24 crore during the quarter under review from Rs 14,605.12 crore a year ago.

13 Aug 2020 6:20 pm
Bharat Forge rallies 8% after CLSA upgrades target price

CLSA also raised the target price to Rs 535 (from Rs 325 earlier), indicating an upside of 13 per cent from the current market.

13 Aug 2020 2:25 pm
Stock market update: Nifty Commodities index up; Tata Power leaps over 7%

The index was trading 0.29 per cent up at 3108.25.

13 Aug 2020 2:23 pm
Stock market update: Infrastructure stocks rise; Interglobe Aviation soars nearly 12%

The Nifty Infrastructure index was trading 0.56 per cent up at 3214.7.

13 Aug 2020 2:11 pm
LIVE Market Technicals with CK Narayan

CK Narayan of Chart Advise, Dalal Street's most seasoned and arguably senior-most expert in market technicals, will share his technical tips on the go right here on this page.

13 Aug 2020 2:01 pm
Fat finger error? MSCI downgrades Airtel on wrong data; market miffed

Shyam Sekhar, a Chennai-based value investor who runs iThought Financials, said if MSCI can be gamed, it only shows the state of credibility of our brokerages and media. The rot runs too deep, he tweeted.

13 Aug 2020 12:39 pm
Stock market update: Power stocks advance; Tata Power leaps 8%

The index was trading 0.27 per cent up at 1579.7.

13 Aug 2020 12:29 pm
Stock market update: Metal stocks advance; Hindalco Ind climbs nearly 4%

The Nifty Metal index was trading 0.86 per cent up at 2375.05.

13 Aug 2020 11:25 am
Stock market update: Media stocks climb; PVR jumps nearly 5%

The Nifty Media index was trading 1.58 per cent up at 1420.9.

13 Aug 2020 11:15 am
Trending stocks: Vodafone Idea shares up nearly 1%

Shares of Vodafone Idea Ltd. traded 0.68 per cent up in trade at 09:42AM on Thursday.

13 Aug 2020 9:39 am
Asian stocks grind higher as US data brightens mood

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2%, and gains in semiconductor makers drove Japan's Nikkei 1.9% higher to a six-month peak.

13 Aug 2020 8:45 am
Stocks in the news: Hero MotoCorp, Tata Steel, BPCL, Eicher Motors, GAIL, Aurobindo Pharma, Ashok Leyland and Grasim

MCX said it will launch a liquidity enhancement scheme in the newly launched segment 'options on goods' with gold mini contract.

13 Aug 2020 7:31 am
Hero MotoCorp Q1 preview: Profit to fall at least 70%, margin to take big hit

Realisation may improve a bit, but Ebitda margin is seen cracking 700-1,300 basis points, analysts warned.

12 Aug 2020 9:46 pm
NSE-BSE bulk deals: IndiGo, Deepak Fertilisers among top bulk deals on Tuesday

Santosh Tibrewalla HUF sold 60,000 shares of Hindon Chemicals at Rs 17.64 while Sanjay Goenka bought 52,000 shares at Rs 18.15 per share.

12 Aug 2020 9:42 pm
Tech View: Lacking direction, Nifty50 continues to form indecisive candles

Once Nifty manages to break out above 11,340, it may scale up towards the 11,450-11,500 zone in the short term.

12 Aug 2020 5:40 pm
Sensex snaps 4-day winning streak, slips 37 points; VIX falls for 7th day

Launch of the first Covid-19 vaccine in Russia, rebound in European markets and firm US stock futures boosted sentiments on Dalal Street but looming uncertainty on the stimulus package in the US kept investors on their toes.

12 Aug 2020 4:34 pm
Broke SIP for poor MF return? This is why you may regret it

Many of us start off our mutual fund SIPs with the theoretical acceptance of the volatility that is intrinsic to equities as an asset class, and of the fact that we cannot simply escape to the haven of fixed deposits and bonds if we intend to counter inflation and build an adequate corpus for our long-term goals.

12 Aug 2020 4:31 pm
Prashant Jain-led HDFC MF sells RIL, DMart, top banks; exits Voda Idea, DLF

The AMC's investment team led by market veteran Prashant Jain sold shares in large quantities in RIL, HDFC Bank, Aurobindo Pharma, Adani Ports, ITC, Axis Bank and SpiceJet, among others, and completely exited Vodafone Idea, DLF, ICICI Prudential Life.

12 Aug 2020 1:42 pm
So how the hedge loss really hurt Titan in Q1? CFO explains

During a post earnings call with analysts, ace investor Rakesh Jhunjhunwala questioned the accounting procedure and sought clarity over Titan management on these hedges.

12 Aug 2020 1:35 pm
Stock market update: Infra stocks mixed; Interglobe Aviation surges 10%

The Nifty Infrastructure index was trading 0.11 per cent up at 3200.35.

12 Aug 2020 1:25 pm
Stock market update: BSE SmallCap index flat; Eros International soars 15%

The index was trading 0.11 per cent up at 13852.11.

12 Aug 2020 1:16 pm
Stock market update: BSE MidCap index down; Biocon loses 3%

The index was trading 0.47 per cent down at 14325.27.

12 Aug 2020 1:07 pm
Trending stocks: SBI shares rise nearly 3% in early session

Shares of State Bank of India traded 2.84 per cent up in trade at 09:41AM on Wednesday.

12 Aug 2020 9:36 am
Crisil top boss approaches Bombay High Court to restrain unauthorised use of her pictures

Taking cognizance of her petition, a single-judge bench of the Bombay High Court has granted interim relief to Suyash and has restrained defendants from displaying, exhibiting, advertising or utilizing her image in any manner until further order. The court has also directed internet service providers across the country from facilitating access to all websites and apps displaying Suyashs image/likeness without her consent.

4 Aug 2020 9:39 pm
Indias Growth Champions return to the spotlight

Around the world, businesses and societies are in uncharted territory. The coronavirus has engulfed us all in a crisis like few others before it, and the glo...

22 Jul 2020 3:30 pm