Reliance Infra tanks 25% in two days ahead of Q4 results; hits 15-yr low
Reliance Infrastructure shares on Friday slumped to a 15-year low of Rs 73, down 14 per cent in intra-day on BSE, and 25 per cent in the past two trading days ahead of March quarter earnings to be announced later in the day.
The stock hit a record low of Rs 35 on April 1990. The counter has seen huge trading volumes with a combined 24 million shares changed hands on the counter on the NSE and BSE till 01:19 pm. READ MORE
2:22 PM
NEWS ALERT | On track to pay Rs 100 crore as Commercial paper today: DHFL
2:21 PM
NEWS ALERT | Downgrade from 'AAA' to 'D' in 3.5 months must be questioned: DHFL
2:21 PM
NEWS ALERT | Sudden stoppage of availability of funds since Sept '18 an issue: DHFL
2:19 PM
NEWS ALERT | On track to make payment for all dues: DHFL CEO
2:16 PM
NEWS ALERT | Co is solvent and generating cash flows: Wadhawan, CEO, DHFL to CNBC TV18
2:16 PM
NEWS ALERT | Not facing any solvency issue: Wadhawan
2:15 PM
NEWS ALERT | All NBFCs have found it tough to raise money post Sept 2018: Kapil Wadhawan, CEO, DHFL to CNBC TV18
2:12 PM
High debt to changing media market: How Eros International lost its way
The trigger was a ratings downgrade by CARE on Wednesday, citing a slowdown in collection from debtors, which was leading to cash flow issues.Stock price of one of the country’s best-known moviemakers Eros International Media (Eros) on Thursday crashed 20 per cent on the BSE over debt repayment concerns. READ MORE
2:03 PM
NEWS ALERT | Ramky Infra bags order worth Rs 494 cr in Bengaluru
1:59 PM
Uncertainty around India's economic policy at 27-month high in May
Economic policy uncertainty was at its highest in over two years in the month of May. Election results were declared on May 23, granting a majority to the ruling Bharatiya Janata Party (BJP) for a second term.
Index levels more than doubled over March. It rose from around 40.6 to 83.6 in May, shows monthly data from Bloomberg. The index is a measure of economic policy uncertainty based on news coverage of policy issues. READ MORE
1:54 PM
Reliance Infra hits 15-yr low, down over 11%
1:51 PM
Reliance Capital is trading at its lowest level since 2004