The company’s board to consider options for raising fresh capital through the issuance of equity or convertible securities on a preferential basis today; also to announce Q2 results.
Posts in category Business Standard
Rajiv Jain-led GQG’s $10 billion India bet has winning picks beyond Adani (11-12-2023)
The value of India investments across six of GQG’s funds jumped to $9.9 billion compared with $4.4 billion a year earlier, according to data compiled by Bloomberg
IREDA hits 20% upper limit; stock up 166% against issue price in 11 days (11-12-2023)
IREDA has launched a retail division to gear towards enhancing emphasis on providing loans to borrowers in the PM-KUSUM scheme, Rooftop Solar, and other Business-to-Consumer (B2C) sectors.
Jute stocks in demand; Ludlow Jute, Cheviot rally up to 17%; here’s why (11-12-2023)
The Government on Friday approved mandatory packaging of 100 per cent food grains and 20 per cent sugar in diversified jute bags for the Jute year 2023-24.
Subros up 18%, hits new high on order wins of Rs 25 cr from Indian Railways (11-12-2023)
Average trading volumes jumped over four-fold with a combined around 1.9 million equity shares – representing 2.9 per cent of total equity of Subros – changing hands on the NSE and BSE
Dr Reddy sinks 7% as Antique Broking expects warning letter for FTO-3 unit (11-12-2023)
On an old inspection for Dr Reddy’s FTO-03 unit, Antique Broking today in a report said, that some of the observations were severe and can lead to a Warning Letter
Rupee rises 3 paise to 83.37 against US dollar during early trade (11-12-2023)
The rupee appreciated 3 paise to 83.37 against the US dollar in early trade on Monday, amid sustained inflow of foreign funds and bullish sentiment in the domestic equity market.
An upward movement in crude oil prices, however, weighed on the Indian currency, according to forex traders.
At the interbank foreign exchange market, the local unit opened at 83.39 against the dollar and rose to 83.37, up 3 paise from its previous close.
On Friday, the rupee depreciated 4 paise to close at 83.40 against the US dollar.
Gaurang Somaiya, forex and bullion analyst at Motilal Oswal Financial Services, said that investors will keep a close eye on monetary policy decisions from US Federal Reserve and other central banks to be announced this week.
“… the commentary from the (US Fed) Governor will be important to watch and gauge a view for the major crosses. Today, volatility could remain low as no major economic data is expected to be released from the US. We expect the USD-INR (spot) to trade
Stock Market LIVE: SpiceJet flies 14%, IRFC up 7% as mid, smallcaps rally (11-12-2023)
Stock Market LIVE on December 11, 2023: The BSE Sensex crossed the historic 70,000 mark and the NSE Nifty50 held above 21,000
Stocks to Watch: Mazagon Dock, Tata Motors, REC, Blue Dart, Cipla, Lloyd (11-12-2023)
Stocks to Watch on December 11, 2023: REC has signed a 200-million-euro loan agreement with the German bank KfW to enhance the distribution infrastructure of discoms
Nifty in overbought zone, Wait for dips in Nifty Bank before fresh buying (11-12-2023)
An optimal approach for Nifty Bank involves patiently awaiting dips and pullbacks to key support levels situated at 46,300, 45,825 and 45,410, says Ravi Nathani