Page 1921 - Markets News

Analysts cut Bajaj Finance's FY22 earnings estimate as it warns of NPA hit

Bajaj Finance, in a mid-quarter update, indicated that its B2B and Auto Finance businesses were most affected due to strict lockdowns in majority of states

Average spot power price up 10% to Rs 2.83 per unit in May at IEX

The average spot power price in DAM at IEX was Rs 3.34 per unit in May, 2019.

Asia's ESG bond issuances hit record $69 billion this year, no let-up seen

Bankers say the trend will continue

L&T extends gain after winning significant contracts for various biz

While the company did not disclose the value of the order, it generally classifies them significant, if the value is in the range of around Rs 1,000-2,500 crore

Piramal Enterprises rallies 12% in two days; stock hits 52-week high

The Mumbai bench of the NCLT has approved the Piramal Group's resolution plan for DHFL

Indian Energy Exchange trades 6,540 MU of electricity volume in May

Indian Energy Exchange (IEX) traded 6,540 million units of electricity volume in May, achieving 9 per cent year-on-year growth amid continuation of Covid-19 lockdowns

Sugar shares rally; Dalmia Bharat, Triveni, Dwarikesh zoom up to 19%

On World Environment Day (June 5), Prime Minister Narendra Modi announced that the target of 20 per cent ethanol-blended petrol has been advanced by five years to 2025

This housing finance company's stock has zoomed over 100% in 6 days

The stock of PNB Housing Finance has zoomed 101 per cent post its announcement that its board approved a capital raise of up to Rs 4,000 crore, led by entities affiliated to Carlyle Group

NIIT hits over 13-year high on healthy March quarter results

The company recorded an exceptionally strong quarter of revenue growth and profitability owing to sustained business development, digital transformation and optimized business operations

Varroc Engineering tumbles 11% on weak March quarter results

The company's global (Ex China) passenger vehicle volumes in Q4FY21 declined mainly due to severe semi-conductor shortages

TVS Motor surges 6%, nears 52-week high after huge block deal

Around 24.4 million shares, representing 5.13 per cent of the total equity of TVS Motor Company, worth Rs 1,506 crore changed hands via block deal on the NSE, the exchange data shows

Stocks to watch: PNB, IndiGo, MRF, Tata Steel, Equitas SFB, RBL Bank

The Reserve Bank of India (RBI) approved the re-appointment of Vishwavir Ahuja as the Managing Director & CEO of RBL Bank, for a further period of one year, with effect from June 30, 2021

Market Ahead Podcast, June 7: Factors that could guide markets this week

Union Bank of India, Central Bank of India, Mrs Bectors Food Specialities, Jubilant Ingrevia and MRF are among 31 companies slated to post their quarterly numbers today

India continues to be one of stronger markets among Asian Ems: Ritu Arora

We are assuming that the Covid impact would be for the next couple of quarters, while the economy will remain largely resilient over the long term, says CEO Arora

50 listed companies 'missing' after raising money, exchange chases them

'Vanishing companies' served notices for flouting norms, but promoters didn't respond

Nearly 2 of 3 Nifty50 stocks at premium to historical valuations

The list of stocks trading at a premium is dominated by IT, pharma, and index heavyweight Reliance Industries

Street signs: IPO clearances may get delayed, Federal-Mogul stock & more

Analysts said total investments to provide tap water connections could be above Rs 1 trillion every year till FY24

India's top listed AMCs ride rising market to beat Covid pandemic in FY21

Analysts expect momentum to sustain in the current financial year as equity flows rebound

IndiGo Q4: Loss widens to Rs 1,147 cr as higher fuel costs, virus hit biz

The country's largest airline's revenue from operations fell 25 per cent to Rs 6,223 crore as compared to Rs 8,299 crore in the corresponding quarter of the last year

RBI policy offers continuity for stock markets, support to consumption

Oil prices and exchange rate, however, are key monitorables