In the past two months, the stock has outperformed the market by surging 34 per cent against 7 per cent rise in the benchmark index.
The Income Tax Department on Thursday, December 19, conducted day-long 'search and survey operation' at the properties of the pharma major.
The company has also signed an MoU with HRANI for listing the association's member hotels and their room rate inventory for sales on the IRCTC portal
The board of directors of the company at their meeting held on December 23, approved buy-back of up to 1.96 million equity shares at a price of up to Rs 1,725 per share via tender offer.
Chalet Hotels had made its debut on the stock exchanges earlier this year. The initial public offering (IPO) of the company was subscribed 1.57 times
The ability of credit rating agencies and investors to differentiate the credit quality of securitised instruments from their servicers and originators could be affected, says CRISIL.
Defaults in China will likely rise in both the onshore and offshore bond markets next year amid a tightening in funding
The International Monetary Fund has retained India's economic growth forecast at 6.1 per cent for FY20, but said risks to the outlook are tilted to downward side
The Sensex is on course to end calendar year (CY) 2019 at a price-earnings (P/E) multiple of 29x
The daily, as well as weekly, MACD for Nifty, is still in buy mode; hence, the bulls still have an upper hand on that front
Besides, they have been asked to disgorge unlawful gain of about Rs 7 lakh, including interest. Babulal M Dugar, Manoj Kumar Dugar, and Vinod Kumar Dugar are the three persons facing ban.
Uttar Pradesh green watchdog has now allowed the conditional opening of tanneries
Regulator proposes discontinuing of pooled accounts, to protect investors
Rising Chinese demand, expected supply cuts in winter and global prices rising to above anti-dumping duty levels bode well for domestic companies
MCX has also introduced sector and commodity-specific indices, which may be allowed for trading as and when permitted by the regulator
Addition of consumer biz to bring stability to revenue, profit
Government's demand for pending dues may delay company's plan to reduce debt
Interestingly, the addition in clients is also slower than the 32 per cent increase seen in the previous year
Karvy Financial Services was required to disclose creation of pledge to the company as well as the BSE in accordance with the market norms
It also said that the imports are allowed only through Kolkata sea port. Cost, Insurance, and Freight (CIF) is a term used in global trade parlance