Posts in category Business Standard
CIE Automotive slips after Q4 PAT drops 9% YoY to Rs 177 cr (20-02-2024)
CIE Automotive India declined 2.11% to Rs 474.10 after the company's consolidated net profit from continuing operations fell 9.13% to Rs 177.04 crore in Q4 CY23 as compared with Rs 194.83 crore in Q4 CY22.
Volumes jump at Whirlpool of India Ltd counter (20-02-2024)
Whirlpool of India Ltd saw volume of 312.95 lakh shares by 10:47 IST on BSE, a 14204.93 fold spurt over two-week average daily volume of 2203 shares
Ramkrishna Forgings wins contract of $220 mn (20-02-2024)
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Whirlpool dips 4%, nears 52-wk low as promoter likely sells 24% stake in co (20-02-2024)
At 09:15 am; as many as 30.82 million equity shares, representing 24.33 per cent of total equity of Whirlpool of India, changed hands on the BSE, exchange data shows
JSW Infra gains on bagging LoI from JNPA (20-02-2024)
JSW Infrastructure advanced 3.37% to Rs 240.75 after it received letter of intent (LoI) from Jawaharlal Nehru Port Authority (JNPA) for a work order through public private partnership (PPP) mode.
Dollar Index Strengthens Grip Over 104 Mark; FOMC In Focus (20-02-2024)
The dollar index witnessed a mild rebound in early Asia on Tuesday after having come-off recent peaks during the last week, although the index managed well to hold on to 104 mark. The dollar index that measures the greenback against a basket of currencies rose to around 104.30 on Tuesday, recouping some losses from recent sessions as investors continued to assess the outlook for Federal Reserve monetary policy. Last week data showed higher than expected US consumer price and producer prices that pushed back expectations of an early Federal rate cut. This week's focus will be on the Federal Open Market Committee (FOMC) minutes. Among the basket currencies, EURUS and GBPUSD retreated to $1.0781 and $1.2589 respectively.
Sensex rises 97 pts; realty shares advance (20-02-2024)
At 10:26 IST, the barometer index, the S&P BSE Sensex, was up 96.61 points or 0.13% to 72,804.77. The Nifty 50 index shed 1 point to 22,121.25.
Financial Assistance For Rubber Sector Raised By 23% To Rs 708.69 Crore For FY25 & FY26 (20-02-2024)
To support the rubber industry, planting of rubber will be undertaken in 12,000 ha in traditional areas during 2024-25 and 2025-26 with an outlay of Rs 43.50 crore. For this, the rate of assistance has been increased to Rs. 40,000 per ha from the earlier Rs 25,000 per ha. This will help to cover the increased cost of production as well as provide additional incentive to growers for planting rubber. 3752 ha will be brought under rubber cultivation in non-traditional regions with an outlay of Rs 18.76 crore during the same period.
Vibhor Steel Tubes makes blockbuster debut (20-02-2024)
Shares of Vibhor Steel Tubes were currently trading at Rs 442 at 10:20 IST on the BSE, representing a premium of 192.72% as compared with the issue price of Rs 151.