After facing resistance at the 100-day moving average (DMA), placed at Rs 925, L&T has now managed to conquer the level decisively.
Reliance Industries, too, dipped 2 per cent on the BSE
In Q2FY21, the company's Ebitda grew 16 per cent year on year at Rs 312 crore, and margin improved 272 basis points to 14.76 per cent over the previous year quarter
The company, on Friday, reported a 5.3 per cent year-on-year (YoY) decline in its net profit at Rs 1,064 crore for the September quarter.
According to a Bloomberg report, Uday Kotak, founder and chief executive officer (CEO) of Kotak Mahindra Bank, is looking at the possibility of an all-stock acquisition of IndusInd Bank
Net interest income (NII) rose 3.4 per cent sequentially to Rs 1,973 crore in Q2 from Rs 1,908 crore in the previous quarter
The stock quoted higher for the seventh straight days, and has gained 8 per cent during the period.
The company saw its impairment losses and bad debts rise 162 per cent in Q2FY21 to Rs 862 crore, compared to Rs 329 crore in the same period last financial year
Indo Count Industries, Himatsingka Seide, Ramco Systems and Godawari Power & Ispat are among notable stocks too seen only buyers on these counters.
On completion of this transaction, ABFRL would have successfully executed a capital raise of Rs 2,500 crore since April 1, 2020
Apollo Tyres, MRF and Balkrishna Industries were up in the range of 2% to 5% on the BSE.
The company reported a consolidated net profit of Rs 81 crore in Q2FY21, against Rs 11 crore in Q2FY20.
In the past three months, it has zoomed 88 per cent as against 7 per cent gain in the benchmark S&P BSE Sensex index
The OFSS counter is heading towards Rs 3,600-mark as per the weekly chart.
The committee of creditors of Jet Airways, on October 17, 2020, approved the resolution plan of consortium of Kalrock Capital-Murari Lal Jalan
On Wednesday, the company reported a 'mid-single-digit growth' in the Indian market in the July-September quarter.
The company's Ebitda margin improved 380 basis points at 15.8 per cent in Q2FY21
On October 22, 2020, Damani acquired 694,646 equity shares, representing 0.53 per cent stake, in Cochin Shipyard at Rs 349.14 per share on the NSE
The average gross refining margins (GRM) were healthy mainly due to favourable increase in prices of crude and products
The company said the record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, if declared, is being fixed as Saturday, October 31, 2020