Schemes got Rs Rs 5,256 crore, 15% lower than previous month
While the Composite Weather Index will be seasonal, Rain Index will show daily variations in value, depending on actual rainfall across the country and long seasonal variations
Sale of group's non-core assets is a plus, but sustainable growth is vital to command higher valuation
As working capital requirements also rise, analysts estimate earnings to dip in FY21
Firm lags its peer Amara Raja in Q4 & FY20
They currently hold 14.68% of the lender's paid-up share capital. As per RBI rules, the promoters can buy 0.32% additional stake as of now
After climbing to 34,928 in intra-day trade, the Sensex settled at 34,371 - 557 off the day's high but 83 points more than the previous close
Analysts' assumption that the delisting price will be higher hinges on previous delisting bids and Hexaware's valuations
The company has been asked to invite claims within a month by issuing notice in newspapers
BSE Sensex slipped 557 points from day's high to end at 34,370.58, up 83 points or 0.24 per cent while NSE's Nifty ended at 10,167 points, up 25 points
Meanwhile, OPEC, Russia, and allies agreed on Saturday to extend record oil production cuts until the end of July.
All that happened in the markets today
The automotive sector is facing a lot of challenges due to regulatory changes, technology shifts and demand uncertainty due to which there was a distinct slowdown in auto OE segment, the company said.
Hero MotoCorp sold 13.34 lakh units during the quarter under review, down 25 per cent on YoY basis
Last month, the company, in a business update, had informed that the lockdown and restrictions imposed on various activities due to the Covid-19 pandemic had posed challenges to all its businesses.
Most hotel-related stocks gained ground in this backdrop, with Indian Hotels, EIH Ltd, Lemon Tree Hotels, TAJ GVK Hotels and Speciality Restaurants rallying up to 5 per cent
The ratings are underpinned by the expectation of continued extraordinary systemic support from key stakeholders and sizeable ownership by the SBI, Crisil said
The sharp rally in the past couple of weeks has been fuelled by reports that global technology giant Google is in talks to buy a 5 per cent stake in the company.
Edelweiss Securities recently said that the company is expected to repay its entire reported net debt even if the Saudi Aramco deal is delayed.
The stock of the private sector lender was trading close to its 52-week high of Rs 40.90 touched on November 25, 2019