The company said the transfer of the business undertaking will be done for a lumpsum consideration of Rs 876 crore
Motorcycle maker Royal Enfield, part of Eicher Motors, said its total sales increased 13 per cent YoY to 43,048 units in June
The stock price has broken out on the daily chart where it has closed at highest levels since May 06, 2021 with higher volumes
Motherson Sumi's stock has seen some buying interest in the past trading sessions and settled well above all its major moving averages on the daily time frame
Bank stocks are likely to be in focus after RBI's Financial Stability Report said the gross non-performing assets ratio of banks may rise to 9.8 per cent by March 2022
Despite an overall slowed down momentum in the markets, investors rewarded auto stocks as the June sales figures showed healthy year-on-year recovery
Early 1% gains in London, Frankfurt, Paris and Milan meant the pan-European STOXX 600 was close to joining Wall Street back at record highs.
Shree Renuka Sugars, with an m-cap of Rs 8,791 crore at 01:50 pm, surpassed Balrampur Chini Mills and EID Parry (India)
A combined 11.57 million equity shares of the company had changed hands on the NSE and BSE at the time of writing this report
Non-power sector is the key for charting the company's growth in view of huge investments planned as part of National Infrastructure Pipeline (NIP) worth Rs 111 trillion in the next 5 to 6 years
Dabur India's healthcare products are set to witness strong performance over the medium-term as customers focus on immunity booster and healthy lifestyle
During FY21, Cosmo Film's PAT more than doubled (up 110 per cent up from FY20) on the back of higher speciality sales, better operating margins, and an uptick in performance by subsidiaries
In Q4FY21, Vodafone Idea reported a loss of Rs 7,023 crore as against Rs 4,532 crore in Q3FY21
Shares of auto companies will be in focus as firms will release their sales figures for the month of June
The trend for aluminum has shifted from 'neutral' to 'positive'
Auto stocks will be in focus as firms will release their sales figure for the month of June
Sebi on Wednesday extended deadlines for complying with certain regulatory requirements by stock brokers, clearing members and KYC registration agencies in view of the ongoing COVID-19 pandemic.
Among sectors, the metal index recorded robust performance with S&P BSE Metal and Nifty Metal indexes gaining 63 per cent in H1CY21
Sectorally, all but the Nifty IT index ended 0.6 per cent higher. All other indices settled lower with the Nifty Media index down 0.8 per cent and the Nifty Bank index down 0.7 per cent
As of March 31, 2021, the value of contracts under PNC Infartech's execution stood at Rs 11,648 crore