Posts in category Business Standard
Overnight rates stay above repo as banks borrow before VRRR maturity (20-04-2023)
The current reporting fortnight ends on Friday, and banks are scrambling to borrow funds to maintain the mandatory reserve requirements, traders said
Footwear stocks rally; Khadim, Liberty Shoes, Superhouse zoom up to 20% (20-04-2023)
Bata India, Metro Brands, Sreeleathers, Relaxo Footwears and Campus Activewear were up in the range of 2 per cent to 7 per cent
This railway stock soared 14% today, hitting new high on heavy volumes (20-04-2023)
In the past two months, the stock of Titagarh Wagon has zoomed 58% after the company reported healthy YoY revenue growth of 71% and healthy operating margin of ~10% in the first nine months of FY23
Hotel stocks in demand: Lemon Tree, Oriental, Kamat Hotels surge up to 10% (20-04-2023)
Going forward, analysts expect FY24 to stay strong for the sector supported by full resumption of the economy, India's G20 presidency in 2023, ICC Men's world cup and easing of E-visa rules.
Mastek surges 11% on strong March quarter results (20-04-2023)
Healthy growth during the quarter was fueled by strong in-quarter execution and demand for Digital Engineering, Experience, and Cloud Transformation services.
O2C segment may drive RIL’s Q4FY23 revenue; retail, telco stable: Analysts (20-04-2023)
RIL Q4 preview: Analysts expect steady improvement across all segments of Reliance Industries in Q4FY23, with stronger base gross refining margins, and reduced impact of windfall tax
Emkay Global zooms 20% on Sebi’s in-principle nod to enter MF business (20-04-2023)
The company said it has received in-principle approval from Securities and Exchange Board of India, Investment Management Department for sponsoring a Mutual Fund
Indian money managers continue to trim holdings of Adani Group’s stocks (20-04-2023)
Investments by local equity mutual funds in the group accounted for only 0.9% of the industry's $182 billion in assets at the end of March
ITC m-cap hits Rs 5-trn for the first time; stock surges 21% so far in CY23 (20-04-2023)
ITC is expected to maintain its volume growth momentum in the cigarette business, given no price hikes in the near term and government curbing illicit cigarette sales
Gold price rises by Rs 230 to Rs 61,150, silver up by Rs 200 to Rs 77,600 (20-04-2023)
The price of ten grams of 22-carat gold rose Rs 200 to Rs 56,050