In past one month, the stock was down 20 per cent after the government decided to discontinue import of crude soybean oil under tariff rate quota (TRQ).
Posts in category Business Standard
Sebi seeks beneficial ownership details of foreign investors from banks (06-02-2023)
Foreign investors offloaded Indian equities worth Rs 288.52 billion ($3.51 billion) in January, data showed
Chaman Lal Setia Exports zooms 17% on strong Q3 operational performance (06-02-2023)
EBITDA margin increased by 430 bps to 14.5 per cent compared to 10.2 per cent last year on account of superior realisation and moderation in the freight cost.
Airtel’s Q3 revenue may rise 20% YoY; Vi could face 6 mn subscriber exits (06-02-2023)
Telecom major Bharti Airtel is likely to report up to 19.7 per cent year-on-year (YoY) growth in revenue to Rs 35,750 crore in the December quarter (Q3FY23), pegged analysts
P&G Health soars 15% after PAT jumps 71% YoY in December quarter results (06-02-2023)
The management said that the higher PAT growth was supported by improved margin through portfolio premiumisation, healthy mix and optimization of expenses,
FPI selling hits seven-month high on rich valuations, Adani Group rout (06-02-2023)
The selling coincided with a slide in equity benchmarks, with Nifty 50 falling 2.45% in the first month of 2023
M&M Financial hits highest level since Mar 2020, soars 10% post Q3 results (06-02-2023)
Mahindra Finance is benefitting from the healthy sectoral tailwinds and its parent Mahindra & Mahindra’s strong recovery in auto volumes.
ITC gains 2% to hit a new high on strong Q3 results; stock up 13% in a week (06-02-2023)
Given tax increase in the Budget 2023 is insignificant, ITC would continue to witness strong volume growth in cigarette business in future, said analysts
Government to convert Vodafone Idea’s dues into equity; stock spurts 10% (06-02-2023)
Shares of Indus Towers, too, surged 15 per cent to Rs 164.80 on the BSE
Government to convert Vodafone Idea’s dues into equity; stock zooms 24% (06-02-2023)
Shares of Indus Towers, too, surged 15 per cent to Rs 164.80 on the BSE