Posts in category Business Standard
IFCI gains as board OKs Rs 500-cr preferential allotment (20-03-2024)
IFCI rose 1.04% to Rs 38.05 after its board approved preferential issue of equity shares against capital infusion for the FY 23-24 aggregating upto Rs 500 crore to its promoter, Government of India.
BPL Ltd leads gainers in ‘B’ group (20-03-2024)
Loyal Textile Mills Ltd, Arvind SmartSpaces Ltd, Salzer Electronics Ltd and Cantabil Retail India Ltd are among the other gainers in the BSE's 'B' group today, 20 March 2024.
Domestic business confidence points to robust optimism about near-term prospects (20-03-2024)
Reserve Bank of India or RBI stated in a monthly update yesterday that real GDP expanded at a six-quarter high rate in October-December 2023, powered by strong momentum, robust indirect taxes and lower subsidies. RBI's nowcast of real GDP growth for January-March 2024 seen in conjunction with high-frequency indicators for the fourth quarter suggests that the NSO's estimate for the full year 2023-24 will be exceeded and a rate closer to 8% may be clocked. Purchasing managers' indices (PMI) reflect buoyant demand conditions, rising investment in technology, efficiency gains and favourable sales growth. The overall level of business confidence points to robust optimism about near-term prospects.
Dollar Edges Up As Rate Cut Expectations Were Pushed Back Says RBI (20-03-2024)
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Metro Brands Ltd leads gainers in ‘A’ group (20-03-2024)
L T Foods Ltd, Time Technoplast Ltd, Chalet Hotels Ltd and Eicher Motors Ltd are among the other gainers in the BSE's 'A' group today, 20 March 2024.
Time Technoplast spurts after getting nod for manufacturing hydrogen cylinder from PESO (20-03-2024)
Time Technoplast rallied 6.45% to Rs 206.15 after the company received approval from Petroleum and Explosives Safety Organization (PESO) for manufacturing high pressure type-IV composite cylinder, prototype, for hydrogen.
Wardwizard Innovations & Mobility launches 156 exclusive distributor showrooms pan-India (20-03-2024)
Wardwizard Innovations & Mobility has announced a remarkable achievement in its rapid expansion journey. Accelerating strategic expansion in past one year, the brand has launched 156 exclusive distributor showrooms nationwide, in addition to 750+ touchpoints across India, achieving the successful execution of the first phase of expansion. This is in line with the company's goal of offering products and services while keeping consumers at the center.
Ramky Infra edges higher after bagging contracts worth Rs 217 crore in Tamil Nadu (20-03-2024)
Ramky Infrastructure added 1.29% to Rs 460 after the company announced that it has bagged two contracts worth Rs 216.65 crore from Greater Chennai Corporation, Chennai, Tamil Nadu.
Barometers trade lower; pharma shares decline for 2nd day (20-03-2024)
At 11:27 IST, the barometer index, the S&P BSE Sensex, was down 152.69 points or 0.21% to 71,859.36. The Nifty 50 index shed 46.15 points or 0.21% to 21,771.30.
IREDA tumbles as stock loses inclusion in key indices (20-03-2024)
Shares of Indian Renewable Energy Development Agency (IREDA) plunged 3.75% to Rs 124.5 after the National Stock Exchange (NSE) revoked its inclusion in several key indices.