Page 2208 - Markets News

CG Power approves securities subscription agreement with Tube Invt; stk up

Tube Investments of India was trading nearly 5.5 per cent higher at Rs 537.20.

Mahindra & Mahindra's consolidated profit drops 97% YoY to Rs 68 cr in Q1

In Q1FY21, M&M sold 27,565 vehicles, a 78 per cent YoY drop from 1.23 lakh sold in Q1FY20

Pidilite Industries jumps 4% on better-than-expected June quarter results

It's EBITDA stood at Rs 66.37 crore in Q1FY21, down 85.04 per cent YoY from Rs 443.73 crore posted in Q1FY20

Gold ETFs clock 8th consecutive month of positive flows, says WGC

Gold ETFs and similar products recorded their eighth consecutive month of positive flows, adding 166 tonnes in July -- equivalent to $9.7 bn or 4% of AUMs, the World Gold Council said

UltraTech, ACC: Price breakout suggests more upside for cement stocks

Shares of cement makers have done well at the bourses over the past few weeks after sector majors UltraTech Cement, ACC and Ambuja Cements reported good operational performance in the June quarter

Delta Corp surges 17% as BSE revises circuit limit from 5% to 20%

A combined 11.77 million shares had changed hands on the NSE and BSE till the time of writing of this report

HPCL advances 4% as Q1 pre-tax profit leaps 140% YoY to Rs 3,120 crore

The combined gross refining margin (GRM) during the April-June period saw a negative of $0.04 a barrel, compared to $0.75 a barrel in the corresponding period of last year

Torrent Power surges 9%, hits 52-week high after June quarter result

Revenue from operations, however, stood at Rs 3,007.05 crore, down 19.5 per cent against Rs 3,736.13 crore in the June 2019 quarter.

Mindspace Business Parks REIT lists at 11% premium over issue price

The IPO of Mindspace Business Parks REIT was subscribed 13 times during July 27-29

Lupin plunges 6% as June quarter profit tanks 60% YoY to Rs 107 crore

EBITDA tood at Rs 531.4 cror for the quarter under review, down 34.7 per cent, from Rs 813.4 crore of Q1FY20, and by 27.6 per from Rs 733.9 crore logged in Q4FY20

Eveready Ind., Delta Corp: BSE revises circuit limit for over 600 stocks

Nelco Ltd, Indian Terrain Fashions, Indian Toners & Developers, and Aditya Birla Money are some of the counters where limit has been revised

Vodafone Idea slips 7% as June quarter losses widen to Rs 25,460 crore

ARPU, at Rs 114, increased on a YoY basis, but declined sequentially despite the tariff hike in December

Bayer CropScience hits all-time high as Q1 net jumps 86% YoY to Rs 252 cr

Profit before exceptional items and tax came in at Rs 313.8 crore, up 54 per cent YoY.

Stocks to watch: HPCL, Voda Idea, Mindspace REIT, Lupin, M&M, Cipla, Abbott

Here's a list of stocks that may trade acively in today's trading session.

Market Ahead, Aug 7: Top factors that could guide markets today

Mindspace Business Parks REIT is all set to debut on the bourses today. The final issue price has been fixed at Rs 275 per share, the upper end of price band of Rs 274-275

RBI cuts capital charge on banks' investments in debt MF schemes

RBI has reduced the capital charge for investing in such schemes

Pay higher percentage of vehicle cost upfront to get loan in pandemic

A low EMI to take-home income ratio will also improve your chances of getting a loan

Asset quality uncertainty, weak credit growth take toll on banking funds

Fund managers say that the actual asset quality trends would emerge clearly after the December quarter of the current financial year

PI Industries: Strong FY21 outlook, de-risking plans bode well for company

For FY21, the company indicated that domestic growth would be in the 20-22 per cent band outperforming the market growth

Loan restructuring may only provide short-term respite to lenders

The measures will lower credit cost to some extent, but analysts are sceptical of asset quality of such loans