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Route Mobile slips 7% after board approves share buyback via Open Market

Route Mobile board has approved the buyback of equity shares having face value of Rs 10 at a price not exceeding Rs 1,700 per equity share and for an aggregate amount not exceeding Rs 120 crore

Maruti stock accelerates 6% on margin hopes; other auto stocks gain

The gains are on hopes of margin improvement due to stable commodities prices

Jain Irrigation to merge global biz Temasek-owned Rivulis; stock zooms 17%

Going forward Jain Irrigation Systems will focus on improving the India business to drive higher growth and margin in one of the fastest growing irrigation markets in the world

Markets need tourniquet fix: Metal stocks melt down amid fears of recession

BSE Metal Index now down 35% from 2022 highs

Delta Corp rises 12% after gaming arm files DRHP, stock underperfoming

DGL's IPO will comprise a fresh issue of equity shares of face value of Rs 1 each, for an amount aggregating up to Rs 300 crore and an offer for sale for up to Rs 250 cr

Jhunjhunwalas lost nearly Rs 3,500 cr in this Tata Group stock in 3 months

Titan Company has slipped 7 per cent to Rs 1,925 in intra-day trade on Friday and has shed 29 per cent in the past three months.

LIC slips 5.8% as anchor investor lock-in ends; down 29% from issue price

LIC's stock traded at its lowest level since market debut on May 17, 2022

RBL Bank tumbles 18% on heavy volumes; stock hits record low

The Reserve Bank of India has approved R Subramaniakumar's appointment as the managing director & chief executive officer of the private sector lender.

Bajaj Auto gains 2% in a weak market as board to mull buyback on June 14

The board of directors of Bajaj Auto is scheduled to meet on Tuesday, 14 June 2022, to consider a proposal for buyback of fully paid-up equity shares of the company

Brent at $124/bbl: Oil India hits over 7-year high; zooms 114% in one year

Oil India is well placed to benefit from rising oil and gas prices and high gross refining margins, analysts said.

LIC hits new low since listing; market cap falls below Rs 5 trillion

Since listing, LIC has lost Rs 56,000 crore of market-cap from Rs 5.54 trillion to Rs 4.98 trillion

Reliance Industries rallies 7% in two days; stock nears record high

Long term prospects and dominant standing of RIL in each of its product & service portfolio provides comfort for long term value creation, analysts said.

Fine Organic hits record high; soars 35% in four days on strong Q4 results

PAT jumped nearly four-fold; Ebitda margins improved to 25.8 per cent from 15.1 per cent owing to shift in the product mix towards high- margin value-added products

BSE Auto index hits over 3-mth high; M&M at record high, Tata Motors up 3%

Analysts at Emkay Global Financial Services retain their positive view on the auto sector, underpinned by expectations of a cyclical upturn in the next three years.

ITC rallies on strong Q4 results, nears 3-year high in a weak market

Cigarette volumes, price growth in FMCG biz, and agri exports to drive revenue

Wipro extends fall on disappointing Q4 results; stock nears 52-week low

The company has guided for a revenue growth between 1 per cent and 3 per cent for the first quarter of FY23

Varun Beverages soars 9%, hits new high on bonus issue plan, healthy Q1 nos

On the back of an improving demand environment, the management remains confident of delivering healthy volume growth in the medium to longer term

Reliance Industries' market capitalisation tops Rs 19 trillion intraday

Bets on new energy and oil-to-chemicals among reasons for the surge, say analysts

Infosys records sharpest intra-day fall in 2 yrs post weak Q4 nos; tanks 9%

Shares of Infosys tanked 9 per cent to Rs 1,592.05 on the BSE in Monday's intra-day trade after the company reported a weak set of numbers for the quarter ended March 2022 (Q4FY22).

Combined m-cap of all listed Adani Group firms crosses Rs 16 trillion

Shares of Adani Group companies traded higher by up to 16 per cent on the BSE on Monday, extending their last week's rally