Firm realisation and lower costs bode well for profitability
P-notes are issued by registered foreign portfolio investors to overseas investors who wish to be part of the Indian stock market without registering themselves directly
Gujarat HC to hear Sebi's appeal on stay order same day
Half a dozen stocks tipped to exit large-cap bucket, with 17 leaving the mid-cap universe
The company reported a 52.4% jump in consolidated net profit in March 2020 quarter
Sensex rises 2.1%, Bankex surges 3.8% after SC directions in AGR case
This is the third time Sebi has extended the curbs
Lower input costs, led by soft crude oil prices, lend some hope
June quarter washout could keep FY21 muted
Retail investors bid for 987,191 shares as against 1.2 million on offer; share sale has sailed through as institutional investor portion was oversubscribed
BSE Sensex jumped 700 points or over 2 per cent to settle at 34,208.05 levels
On March 20, the markets regulator had imposed one-month restrictions on short-selling, increased margin requirements, and hiked penalties on violators
All that happened in the markets today
Vodafone Idea (VIL) would be the worst-affected if the AGR outstanding cannot be staggered or waived, but Bharti Airtel would also be under pressure
MSTC, MMTC, Hindustan Copper, Bharat Electronics, Ircon International, NLC India, Engineers India, BEML, STC India, NBCC, Mishra Dhatu Nigam and Container Corporation were up 4% to 8% on the BSE
P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly
The Supreme Court has given the Department of Telecommunication (DoT) time until July third week to consider the proposals by telecom companies.
Vodafone Idea (VIL), which has liabilities worth Rs 53,000 crore pleaded saying that it does not have enough money to pay and should be given some time
Net sales declined 6% YoY to Rs 1,535 crore, largely impacted by lockdown and disruption in the supply chain.
Besides the state-owned telcos, government may ask private players to stay away from such Chinese firms.