Renaissance Global Ltd, AksharChem (India) Ltd, GOCL Corporation Ltd and Windsor Machines Ltd are among the other gainers in the BSE’s ‘B’ group today, 21 February 2024.
Posts in category Business Standard
All-India Consumer Price Index Number for Agricultural Labourers up marginally in January compared to December (21-02-2024)
The All-India Consumer Price Index Number for Agricultural Labourers and Rural Labourers (Base: 1986-87=100) for the month of January, 2024 increased by 1 point each to stand at 1258 and 1268 points respectively. The major contribution towards rise in the general index of Agricultural Labourers and Rural Labourers came from miscellaneous group to the extent of 1.57 and 1.55 points and fuel and light group to the extent of 1.16 and 1.10 points respectively mainly due to increase in prices of medicines, doctors’ fees, barber charges, washing soap, cinema tickets, firewood, etc. There had been a mixed trend in the indices of constituent States. For both CPI-AL and CPI-RL, ten states experienced a decrease in index while one state saw no change in index.
G R Infra gains on inking pact to sell entire stake in 7 subsidiaries (21-02-2024)
G R Infraprojects rose 1.41% to Rs 1,200 after the company has entered into share purchase agreement (SPA) with Bharat Highways InvIT for sale of its entire investment in equity share of seven wholly owned subsidiary companies.
G R Infra gains after selling entire stake in 7 units to Bharat Highway InvIT (21-02-2024)
G R Infraprojects rose 1.41% to Rs 1,200 after the company has entered into share purchase agreement (SPA) with Bharat Highways InvIT for sale of its entire investment in equity share of seven wholly owned subsidiary companies.
UK Pound Steadies Near One-Week High; FOMC Minutes Awaited (21-02-2024)
UK pound is steadying around one-week high against the dollar on Wednesday tracking a pull back in dollar index below 104 mark amid apprehension over Feds future course of action. Moreover, encouraging statement about Britain economy from BoEs Bailey also kept the pair supported. Bank of England Governor Andrew Bailey said on Tuesday that the central bank saw clear signs of an upturn in Britain’s economy. Bailey said bets by investors on interest rate cuts this year were not unreasonable but he also pointed to clear signs of an upturn in Britain’s economy after it fell into recession at the end of last year. Investors are awaiting clarity from the Fed minutes due later in the global day that comes following last week’s hotter-than-expectation US inflation data. GBPUSD is quoting at $1.2637, up 0.13% on the day. With lack of economic data from UK docket, the pair is likely to track dollar for cues all through the day. Meanwhile, GBPINR has also rebounded to 104.72, up 0.16% on the …
Tata Investment Corporation Ltd leads gainers in ‘A’ group (21-02-2024)
ABB India Ltd, Bajaj Consumer Care Ltd, Raymond Ltd and Piramal Enterprises Ltd are among the other gainers in the BSE’s ‘A’ group today, 21 February 2024.
Varun Beverages rises after securing exclusive ‘Cheetos’ production deal in Morocco (21-02-2024)
Shares of Varun Beverages gained 1.50% to Rs 1459.30 after the company announced the signing of an exclusive deal with PepsiCo to manufacture and package ‘Cheetos’ in Morocco.
Tinna Rubber & Infrastructure commences commercial production at its new unit in Varle, Maharashtra (21-02-2024)
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Swan Energy launches QIP; floor price at Rs 703.29/share (21-02-2024)
Swan Energy announced that its board has approved the opening of qualified institutional placement (QIP) of equity shares with the floor price of Rs 703.29 per share.
ABB India rallies 9% as order book rises 35% in Dec qtr, PAT jumps 13% (21-02-2024)
In the fourth quarter, total orders rose up by 35 per cent to Rs 3,147 crore