Focus on rural markets and high-margin products boosts performance
The real estate investment trust will offer about Rs 1,000 crore of new shares while the founders will offer the remaining
The S&P BSE Sensex climbed 1.5% to close at 37,020.14- most since March 6
The divestment of BPCL, leading to value unlocking for investors, remains the larger trigger for the stock
The pandemic erased more than $18 trillion from global markets over the course of February and March 2020, before a recovery in April and the subsequent months
The second series of ETFs were launched with a green-shoe option of an additional Rs 11,000 crore over and above the base issue size.
Justice AR Dave committee report had sought feedback from the public in June
Gold reserves were up by $712 million to $34.729 billion, as per the central bank data
Advisor reckon longer horizon as category can see heightened volatility
On a weekly basis, Sensex gained 1.16 per cent while Nifty added 1.24 per cent
All that happened in the markets today
M&M is seeing good on-ground momentum in its key business of tractors as well as for products like Bolero and Scorpio. The company is seeing huge upside in rural economy due to the many enablers
The company's total revenue came in at Rs 3,420.67 crore, up 26.67 per cent against Rs 2,700.35 crore in the corresponding quarter of the previous fiscal.
In Q1FY21, Granules India's Ebitda margin improved 503 basis points to 25 per cent
As per media reports, Saudi Aramco,Rosneft, Exxon Mobil, ADNOC and one Indian private player will be participating in the bidding process for BPCL
With a positive crossover of the 50-day moving average (DMA) with 100-DMA, the metal index can breakout above the trendline resistance of 2,150 levels.
In Q1FY21 EBIT margins fell 310 bps QoQ to 12.1 per cent.
The company's Ebit came in at Rs 50.2 crore, up 10.6 per cent than Rs 45.4 crore reported in Q4FY20
The stock was trading higher for the second straight day, up 3 per cent at Rs 738, on the BSE on Friday. It has surged 7 per cent in the last two days on the back of heavy volumes
The company has also declared an interim dividend of Rs 2 for the financial year 2020-21