Page 2279 - Markets News

ABB Power open offer: What sparked it and why small shareholders are sore

ABB Power Products and Systems India is in the news due to a controversy over its open offer price. Here is an explainer on this issue:

Markets regulator amends eligibility criteria for executive director's post

The move comes ahead of the interview of internal candidates for the post of two EDs in the general stream, scheduled for August 13

All but two PMS schemes post gains in July, but most underperform Nifty

Only 25 per cent of the 180 schemes under consideration managed to beat the 7.5 per cent gains posted by Nifty 50

Equity schemes clock largest outflows in 7 years as redemptions pick up

Gold ETFs drew largest monthly flows in five months amid risk-aversion

ICICI Bank launches QIP with floor price of Rs 351.36, eyes Rs 15,000 cr

The bank's Capital Adequacy Ratio (CAR) stood at 16 per cent as on June 30, 2020 with Tier I at 14.72 per cent. The asset quality profile of the bank improved during the reporting quarter

Market regulator cracks whip on front runners at Reliance Securities

Front running is a term used to describe a broker, or any other entity, carrying out trades based on foreknowledge of a big transaction to be placed

At Rs 2,480 cr, equity schemes see largest outflow in seven years

Investors move towards debt, gold ETF, eyeing pockets of safety

Market Wrap, August 10: Here's all that happened in the markets today

BSE Sensex today ended at 38,182, up 141.5 points or 0.37 per cent, with L&T (up nearly 5 per cent) being the top gainer and Reliance Industries (RIL) the biggest loser

MARKET WRAP: Sensex gains 142 pts, Nifty ends at 11,270; pharma stocks zoom

All that happened in the markets today

Bank of Baroda to report Q1FY21 earnings today; here's what analysts expect

Analysts foresee the bank reporting sluggish business growth in Q1 on the back of Covid-19 induced nationwide lockdown

Cipla hits record high on strong Q1 result; Morgan Stanley sees 30% upside

Mumbai headquartered pharma firm posted 20% growth in profit before tax for the first quarter of the current financial year to Rs 799 crore, on a 9% YoY growth in revenues to Rs 4,346 crore

Shipping Corporation jumps 9% on Rs 317 crore profit in June quarter

The operational revenue of the Mumbai-based company jumped to Rs 1,143.46 crore during the first quarter of FY21 from Rs 918.95 crore a year earlier

Tejas Networks bags Rs 66 cr order from L&T Construction; stock surges 5%

The company said it has bagged orders for Indian Defence Network Project from L&T Construction.

Bharat Forge, HAL, BEL : Defence-related stocks poised for an upside

Most defence-related stocks gained ground on Monday post the development with Bharat Dynamics up nearly 8 per cent at Rs 452 on the BSE

Defence stocks rally up to 11% as govt bans import of 101 defence items

"This decision will offer a great opportunity to the Indian defence industry to manufacture items on the negative list by using its own design and development capabilities," the govt said.

Emami jumps 18% even as Q1 pre-tax profit drops 13.64% YoY to Rs 49 crore

Net profit or profit after tax (PAT), was up 1.1 per cent to Rs 39.58 crore.

Concor shares plunge 18% after posting 76% drop in Q1 profit

Total income during the April-June period of the current fiscal dipped to Rs 1,251.50 crore from Rs 1,722.79 crore in the year-ago period

Affle India freezes at 10% upper circuit on 42% YoY jump in Q1 profit

It's revenue from operations grew 20.37 per cent at Rs 89.77 crore during the period under review, while EBITDA stood at Rs 22.5 crores, up 20% YoY

Prestige Estates surges 7% amid report Blackstone may acquire group assets

Blackstone will acquire 100 per cent control of around 20 million square feet of commercial space, including 16 million sq ft of ready and completely leased assets, the report said

Divi's Lab surges 15%, hits fresh 52-week high on robust Q1 earnings

The company reported a net profit of Rs 492.06 crore for the quarter