Page 2422 - Markets News

Route Mobile gets Sebi's approval to raise Rs 600 crore through IPO

The IPO comprises of a fresh issue worth Rs 350 crore and an offer for sale of up to 65 lakh equity shares by the promoters

Industry players lobby for relaxation of offshore fund taxation rules

According to current norms, the total investment of a person resident in India, whether directly or indirectly, shall not be more than 5 per cent of the fund corpus

ICICI Bank: Investor sentiment on a high as share of retail loan rises

Rising share of retail loans, increased digitisation and an abating pool of stressed assets point to improving outlook and have helped the stock deliver 50 per cent returns last year

Private equity party set to continue in New Year; may see 15-20% growth

While the final figures vary, the amount of PE investments in the year gone by is estimated to be more than the total inflows recorded in 2017 and 2018

Market Wrap, Jan 1: CY20 see tepid start; Sensex up 52 pts

Among top performers, Power Grid, NTPC, Larsen and Toubro, and M&M gained up to 3 per cent on the Sensex, while Titan, IndusInd Bank, Bajaj Auto, and Tata Steel closed the day as top laggards

MARKET WRAP: Benchmarks cautious on first day of CY20; Sensex up 52 pts

All that happened in the markets today

Park Hotels files draft papers with Sebi for IPO to raise up to Rs 1000 cr

The shares of the company are proposed to be listed on the BSE and NSE

Sugar stocks in a sweet spot; Dwarikesh, Shree Renuka surge over 12%

Avadh Sugar & Energy, Uttam Sugar Mills, Dhampur Sugar Mills and EID Parry were up in the range of 5 per cent to 8 per cent

APL Apollo Tubes gains 3%, hits 52-week high on strong Q3 sales volume

The company registered a strong sales volume of 480,225 MTPA in Q3FY20, higher by 52.6 per cent YoY, from 314,707 MTPA logged in Q3FY19.

Dishman Carbogen falls 10% amid report I-T dept found unaccounted money

On December 26, the stock of the pharmaceutical company hit an all-time low of Rs 71.

Escorts trades weak, slips 3% ahead of December sales numbers

During first eight months of the financial year 2019-20 (FY20), Escorts had reported 7.3 per cent year-on-year (YoY) decline in total tractor sales at 59,324 units.

Adani Green hits life-time high on commissioning of wind power project

The commercial sale of power from the Project to Maharashtra State Electricity Distribution Company is expected to commence w.e.f. 1st January 2020

CSB Bank hits lowest level since listing; tanks 30% from December high

CSB Bank had made a strong debut at the bourses, soaring 54 per cent over its issue price of Rs 195 at Rs 300.

Sterling & Wilson up 5% on partial loan repayment by SP Group, pares later

In December 2019, the company said the unforeseeable and lesser-than-expected realisation from the IPO led to significant and rapid deterioration in the credit markets, resulting in a liquidity crisis

Stocks to watch: Infra firms, YES Bank, CARE Ratings, Bajaj Electricals

Here's a look at the top stocks that may remain in focus today

Market Ahead, January 1: Top factors that could guide markets today

Investors' concern over fiscal slippage and contraction in core sector is likely to dominate today's session while the progress in the US-China trade deal might offer some relief

Stock picks from HDFC Securities: Buy Gujarat Gas, Phoenix Mills

Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities.

Gold rises for the seventh day to hit all-time high, new orders on hold

While standard gold price closed at Rs 39,083/10 g, silver ended the day at Rs 46,665/kg

Market share gain makes Coromandel a preferred pick among fertiliser stocks

Overall acreage for the ongoing rabi season is up nearly 7 per cent over last year's levels, with sowing for key crops of wheat, rice, and pulses being higher than the year-ago period

Despite muted volume growth in Q2, strong margins a cushion for Pidilite

Cheaper VAM to help post Ebitda margin of 20-22%, but pricey valuation leaves no room to disappoint investors