At the end of June 2021, assets invested in Indian sustainable funds identified by Morningstar reached a record Rs 11,970 cr, significantly up from Rs 4,210 cr a year ago
The benchmark indices fell for the last three sessions as rising Covid cases brought fresh worries about disruption in economic activities
The company has reduced its offer size by about Rs 150 crore. Bankers to the issue said that the promoters have reduced their selling stake marginally
While volume performance has been strong, valuations factor in the gains
The Softbank-backed insurance aggregator is also likely to consider offer for sale from some of its investors
HUL is likely to report 21.3 per cent YoY revenue growth at Rs 12,807.6 in its Q1 revenue report, ICICI Direct said in a note
Bajaj Auto Q1 preview: Analysts at Nomura expect revenue growth of 142 per cent YoY, but down 13 per cent sequentially, at Rs 7,456.4 crore led by volume growth of 12 per cent on year.
Sectorally, only the Nifty FMCG index closed in the green. Nifty Media, Metals and Realty indices declined over 2% each and were the top laggards
In the global markets, mainstream indices in Japan, South Korea. and Australia declined in the range of 0.35 to 0.96 per cent
The domestic decorative business more than doubled its volume and delivered stellar revenue growth on a low base
Cement shares traded higher between 3 per cent and 9 per cent on the BSE as compared to a 0.63 per cent decline in the S&P BSE Sensex.
Shares of Brightcom Group were locked in the 5 per cent upper circuit band for the 10th straight day at Rs 44.35 on the BSE on Tuesday
In the past six months, Mastek's market price has more than doubled as against a 4.6 per cent rise in the S&P BSE Sensex
The management has reiterated its double-digit USD revenue growth guidance and EBIT margin band of 19-21 per cent for FY22
The company's Ebitda (earnings before interest, taxes, depreciation, and amortization) margins expanded 233 basis points (bps) quarter-on-quarter to 22.4 per cent due to higher realisations
Cement maker ACC reported an over two-fold jump in consolidated net profit to Rs 569.45 crore for the second quarter ended June 2021
Investments by private equity and venture capital funds declined by 22 per cent to $5.4 billion in June, as compared to the $6.9 billion in the year-ago period
Sectorally, only pharma and realty stocks showed some strength. Nifty Realty gained 0.43% and Nifty Pharma 0.24%. Nifty Private Bank index witnessed heavy profit-taking as the index slipped over 2%
Sectorally, the Nifty Bank index declined over 2 per cent, led by losses in HDFC Bank (down over 3 per cent)
There has been a significant increase in movement in share price and volume of mid-cap information technology-enabled services (ITeS) companies in the last few days