Posts in category Business Standard
Railtel Corp Bags work order worth Rs 24 cr (14-06-2024)
Railtel Corporation of India announced that it has received a work order from Tamil Nadu Fibrenet Corporation for amounting to Rs 24.14 crore.
India’s Merchandise Trade Deficit Widens To $23.78 Billion In May (14-06-2024)
Indias merchandise exports in May 2024 rose by 9% to USD 38.13 billion, from USD 34.95 billion in the year-ago month, according to government data released on Friday. Imports too increased by 7.7% to USD 61.91 billion, from USD 57.48 billion in May 2023. Trade deficit, or the gap between imports and exports, during the month under review stood at USD 23.78 billion.
Nifty above 23,450 mark; metal stocks shine (14-06-2024)
At 14:30 IST, the barometer index, the S&P BSE Sensex, was up 130.92 points or 0.17% to 76,936.25. The Nifty 50 index rose 53.20 points or 0.23% to 23,452.10.
Volumes soar at JK Paper Ltd counter (14-06-2024)
JK Paper Ltd clocked volume of 127.09 lakh shares by 14:14 IST on NSE, a 8.79 times surge over two-week average daily volume of 14.45 lakh shares
Alkyl Amines Chemicals allots 9,637 equity shares under ESOP (14-06-2024)
With this allotment, the paid-up equity share capital of the Company stands increased from Rs.10,22,42,790/- divided into 5,11,21,395 equity shares of Rs.2/- each to Rs.10,22,62,064/- divided into 5,11,31,032 equity shares of Rs. 2/- each.
Nalco executes mining lease deed with Odisha government; stock gains 4.5% (14-06-2024)
Nalco share: The mines have an annual production capacity of 3.5 million tonnes and have reserves estimated at 111 million tonnes
JK Tyre & Industries receives upgrade in credit ratings (14-06-2024)
Long term loans - IND AA-/Stable (upgraded)
Fund based and non fund based limit - IND AA-/ Stable/ IND A1+ (upgraded)
Term deposits - IND AA-/Stable (upgraded)
Transformers & Rectifiers India allots 75.18 lakh equity shares under QIP issue (14-06-2024)
Transformers & Rectifiers India has allotted 75,18,796 equity shares to qualified institutional buyers at the issue price of Rs 665 per equity share (including a premium of Rs 664 per equity share), which includes a discount of Rs 34.95 per equity share on the floor price amounting to Rs 699.95 per equity share (i.e., 4.993% of the floor price), aggregating to Rs 499.99 crore, pursuant to the QIP issue.
GMR Airports hits 52-week high; up 34% from June 4 low on healthy outlook (14-06-2024)
In upside scenario, Jefferies expects Airport traffic to growth at CAGR of 15% over FY24-FY27e and higher increase in Aero tariffs and expect EBITDA to grow by 40% CAGR over FY24-FY27e.
Information Technology stocks slide (14-06-2024)
Information Technology stocks were trading with losses, with the BSE Information Technology index decreasing 227.61 points or 0.64% at 35538.79 at 13:47 IST.