Page 2384 - Markets News

Sebi issues show-case notice to 2 former senior executives of CARE Ratings

This is for the alleged interference in rating action of YES Bank and DHFL

HDFC Bank refuses to entertain BMA clients' plea to return shares

Some investors had even threatened to move Reserve Bank of India (RBI) and Securities Appellate Tribunal (SAT) against HDFC Bank, if it didn't return the shares.

DMart share sale sees 3 times subscription, investors bid for 45 mn shares

The stock fell 5.6 per cent to end at Rs 2,401 in secondary market trade. A further 1.5 million shares meant for retail investors will be auctioned on Monday.

High cost inflation, weak domestic revenue may hurt Nestle's topline growth

Domestic sales grew by 10 per cent in Q4, but gross margin contracted by 217 basis point to a 10-quarter low of 56.5 per cent

Sebi seeks explanation from CARE's ex-chairman, MD for rating interference

The Sebi action comes after the regulator received the forensic audit report on February 11, which was commissioned after a whistleblower complaint

Sebi constitutes municipal bonds development committee

The regulator has constituted a municipal bonds development committee headed by its Executive Director Sujit Prasad and comprises representatives from municipal corporations

Market Wrap, Feb 14: Sensex falls 202 pts post AGR verdict

Among telcos, Vodafone Idea tumbled over 23 per cent to Rs 3.44 apiece on the BSE post the AGR verdict

AGR verdict: Voda-Idea to struggle; but duopoly may not be ideal solution

Supreme Court on Friday rejected the telecom companies' plea seeking new schedule of adjusted gross revenue (AGR) payments.

MARKET WRAP: Sensex falls 202 pts post AGR verdict; Voda-Idea tanks 23%

All that happened in markets today.

SpiceJet soars 10% on 21% YoY rise in net profit; B737 may return this year

On the operational front, Passenger Load Factor came in at 91.9 per cent in Q3, with the fleet size growing to 119 aircraft as on December 31, 2019.

Adani Enterprises hits 52-week high after it signs agreement with AAI

The stock rallied for the ninth straight day, up 17 per cent, against 3 per cent rise in the S&P BSE Sensex during the period.

Post-Budget trend shows nearly half of Nifty500 stocks trade below 50-DMA

Major hits were seen in front runners such as ACC Ltd, Ashok Leyland, and HDFC.

IndusInd Bank hits over 3-year low; tumbles 11% in six sessions

The private sector lender's stock was trading at its lowest level since January 10, 2017

Bharti Airtel surges 5%, hits new high after SC rejects telcos' plea

The stock bounced back 6 per cent from its intra-day low of Rs 535 on the BSE

Ircon International surges 29% in three days on good Q3 results

The company's consolidated earnings before interest, tax, depreciation, and amortisation (Ebitda) margin improved to 12.7 per cent in Q3FY20

AGR verdict: SBI, IndusInd Bank slip up to 4% as banks stare at NPA pile-up

In general, the exposure of banks to the entire telecom sector ranges between 10% and 30% of their total equity with Yes Bank having the highest exposure of 29% amongst private banks

Voda Idea dips 11% as SC rejects telcos' plea for new schedule for AGR dues

Vodafone Idea, Bharti Airtel and Tata Teleservices had filed modification applications on the time schedule to make payments of over Rs 1 trillion that they owe to DoT as AGR

Nestle hits 52-week high on strong Dec quarter result, dividend bounty

The final dividend, if approved by the shareholders at 61s1 AGM, shall be paid on and from May 28, 2020

Page Industries slips 8% on disappointing December quarter results

In Q3FY20, the company's earnings before interest, tax, depreciation, and amortisation (Ebitda) margin declined to 17 per cent from 22 per cent in Q3FY19.

Avenue Supermarts slips 5% post OFS launch; promoters to offload 2.3% stake

Following this share sale, the company will become compliant with the 25 per cent public shareholding norms.