Foreign portfolio investor stake in the company has increased to 16.57 per cent as on June 30, 2019, against 11.56 per cent at the end of December 2018 quarter.
In the broader market, S&P BSE mid-cap closed at 13,518 levels, up 27 points, or 0.20 per cent. The S&P BSE small-cap index settled 64 points higher, or 0.51 per cent, at 12,649 levels.
Here are trading strategies for key capital goods stocks in a volatile market
The company aims for a volume growth of 8-10 per cent and a topline growth of 13-15 per cent, subject to inflation, over the medium term.
The company reported consolidated net profit of Rs 119 crore in Q1FY20, against Rs 57 crore registered in the year- ago quarter on strong volume growth.
News reports suggest that the promoters of the company are planning to restart talks with Coca-Cola for selling a part of their stake in the company to pare debt.
The board of directors of the speciality chemicals company is scheduled to meet on August 23 to consider the voluntary delisting proposal
Here's a look at some of the counters that are likely to trade actively in today's trading session.
A host of factors such as Global cues, hopes for govt measures to revive economy, foreign fund flows, oil prices and movement of rupee against the US dollar that are likely to guide markets this week
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Agency plans further probe to establish charges of concealment and collusion with former IL&FS brass; to file additional charge sheet soon
Among the major foreign holders of the Treasury securities, India was at the 13th position with holding to the tune of $162.7 billion
Duration management gains
Oil marketing companies BPCL and HPCL saw buying interest amid a slide in oil prices
Motilal Oswal expects the slowdown in the economy to last at least two more quarters
Foreign institutional investors have gone a bit slow when it comes to selling in the cash segment
The Street is cautious given multiple challenges in core markets of US and India
FPIs, however, invested a net Rs 2,096.38 crore in the debt securities during the period
Growth came despite a sustained slowdown in the automotive and construction segments, both of which are key users of paints
Sebi is co-ordinating with the WRDA to expedite the regulations for warehouses storing non-agri commodities