The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
CLOSING BELL: Shaktikanta Das said the move was only "a pause and not a pivot"
RK Forgings and Titagarh consortium had recently won Rs 12,226 cr contract for manufacturing and supply of 1.54 mn forged wheels of different rolling stocks to the Railways over a period of 20 years.
Last month, ARIL signed LoI worth revenue of $120 million (Rs 984 crore) for the next 6 years with Japanese Chemical company
Khanna was the MD & CEO of Orient Electric, a leader in consumer appliances, with revenues of over Rs 2,500 crore
On a consolidated level, the company expects to deliver double-digit growth in rupee terms led by mid-single digit volume growth
India's sugar production fell 3 per cent to 29.9 million tonnes (MT) in the first six months of the 2022 23-marketing year ending September, according to industry body ISMA.
The stock had gained up to 11 per cent in the last five straight trading sessions.
The board of directors are scheduled to meet on April 20, 2023 to consider the proposal for voluntary delisting of the equity shares of the company.
Markets remained volatile during the month amid the banking crisis in the developed world, boosting trading activity
CLOSING BELL: Buying momentum in IT, HUL, and ITC shares also lent support
In past four trading days, BSE smallcap index has rallied 5.3 per cent, as against 3.6 per cent rise in the S&P BSE Sensex.
Pricol is expected to register steady business performance on healthy demand for its products from OEMs and export customers and sustain its operating profitability at current levels, as per analysts
SML Isuzu zoomed 30 per cent, while Atul Auto rallied 28 per cent in the last two days after the companies reported a sharp surge in total monthly sales for March
Analysts believe the company is well positioned to capture huge untapped opportunity in MFI space via deeper penetration in new, existing geographies and increase in customer base.
CLOSING BELL: Gas stocks, including Mahanagar Gas and Indraprastha Gas, dropped up to 6 per cent after the government kept domestic gas prices unchanged
JP Morgan has initiated coverage on the stock with an "underweight" rating and a target price at Rs 540 per share
The average trading volumes on the counter jumped three-fold as around 32.98 million shares changed hands on the NSE and BSE
CRISIL Ratings believes MFL's capitalisation and asset quality will remain strong supported by its gold loan business.
The government kept domestic gas prices unchanged at $8.6/mmBtu on a provisional basis from April 2023 to September 2023
Sustained higher crude oil prices and gas realisations can result in better profitability for upstream oil and gas companies, analysts said