Page 2205 - Markets News

Telecom stocks trade flat ahead of today's SC hearing on AGR payments

In its last hearing, the SC had asked the Centre to prepare a plan for recovering AGR dues from bankrupt telecom operators

Balkrishna Ind drops 5% post weak Q1 result; declares dividend of Rs 3/sh

Consolidated profit before tax (PBT) fell 32.5 per cent to Rs 172.27 crore, as against Rs 255.15 crore in Q1FY19

Stock of this RIL-owned company has jumped 600% from March low

The rally, some analysts argue, comes on the back of the company's change in focus from being a textile play to manufacturing protective gear in battling the Covid-19 pandemic

Redington India in focus; shares jump 18% post June quarter nos

The company's net profit declined 19.31 YoY per cent to Rs 88.78 crore.

Hero MotoCorp shares slip 2% after June quarter profit plunges 95% YoY

The company is already seeing green shoots, and expects them to sustain and get stronger as it moves toward the festive season

Nifty Pharma index rallies nearly 3%; Lupin surges 10%, Cipla, Cadila up 3%

All the 10 constituents of the Nifty Pharma index were trading in the green.

Greaves Cotton dips 3% post Q1 nos; Nagesh Basavanhalli steps down as CEO

The Board of the company approved the resignation of Nagesh Basavanhalli as Managing Director and CEO and appointed him as the Vice Chairman (Non-Executive) with immediate effect

Escorts, Ashok Leyland: 5 commercial vehicle, tractor makers you can buy

Here are five stocks from the auto sector that look bullish on the charts.

3M India slides 4% on consolidated net loss of Rs 43 crore in June quarter

It's standalone net loss came in at Rs 39.91 crore during the quarter under review, compared to Rs 84.9 crore profit in the year-ago period

Eicher Motors dips 3% after posting a loss of Rs 55 crore in June quarter

Top officials of Royal Enfield said that despite the rapid recovery in demand, the Covid-19 induced lockdowns have been impacting production

BPCL dips 1% despite 93% YoY jump in Q1 PAT of Rs 2,076 cr, recovers later

According to the oil and gas company, the rise in profit was mainly due to inventory gain, despite a decline in sales and weak refining margin

Stocks to watch: Tata Steel, telcos, Hero MotoCorp, Eicher Motors, BPCL

Here's a list of stocks that may remain in focus today.

Foreign investors of AIFs in IFSC given exemption from furnishing PAN

This was a long-standing demand from foreign investors wanting to pool money at IFSC, instead of other offshore jurisdictions

Oil prices head for second weekly gain amid hopes for fuel demand recovery

Brent crude was up 14 cents, or 0.3%, at $45.10, heading for a gain of about 1.6% this week

Market Ahead, Aug 14: All you need to know before the opening bell

The SGX Nifty is indicating a slightly lower start for the Indian indices today, with a cut of about 40 points

Improving demand, merger plan charge up Tata Power's outlook; shares up 8%

Debt reduction, equity infusion, expected tariff hike for Mundra plant bode well

Reclaiming lost ground: India regains $2-trillion market capitalisation

On March 23, at the height of Covid-triggered sell-off, m-cap had slipped to $1.3 trillion

Covid-19 impact: Earnings of Nifty50 firms slump to over 6-year low

Experts say recovery will be faster than that after the 2008 Lehman crisis

Motherson Sumi: Declining losses at greenfield plants to aid margins

While losses at the greenfield facilities have come down to 19 million euros from 175 million euros in FY20, analysts expect them to turn positive at the operating profit level by the end of FY21

Strong US portfolio to drive revenue growth for Aurobindo Pharma

Margins expected to improve on product mix and volume growth