Posts in category Business Standard
Government of India (GOI) announces the sale of three dated securities for a notified amount of Rs 29,000 crore (28-05-2024)
The Government of India (GoI) has announced the sale (issue/ re-issue) of (i) New Government Security 2029 for a notified amount of ₹12,000 crore (nominal) through yield based auction using multiple price method, (ii) New GOI SGrB 2034 for a notified amount of ₹6,000 crore (nominal) through yield based auction using multiple price method and (iii) 7.34% Government Security 2064 for a notified amount of ₹11,000 crore (nominal) through price based auction using multiple price method. GoI will have the option to retain additional subscription up to ₹2,000 crore against each security mentioned above. The auctions will be conducted by the Reserve Bank of India on May 31, 2024 (Friday). Up to 5% of the notified amount of the sale of the securities will be allotted to eligible individuals and institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.
Broader mkt underperforms; metal stocks shine (28-05-2024)
At 10:28 ST, the barometer index, the S&P BSE Sensex, was up 148.60 points or 0.20% to 75,539.10. The Nifty 50 index rose 61.75 points or 0.27% to 22,994.20.
Sumitomo Chem hits 52-week high after Q4 PAT jumps 52% YoY to Rs 110 cr (28-05-2024)
Sumitomo Chemical India rallied 7.54% to Rs 474 after the company's consolidated net profit jumped 52.09% to Rs 109.70 crore on a 3.47% increase in revenue from operations to Rs 674.20 crore in Q4 FY24 as compared with Q4 FY23.
Timken India surges 6% after 5 million shares change hands via block deals (28-05-2024)
Timken India block deal: Till 09.34 AM, around 5.02 million shares, representing 6.6 per cent of total equity of the company, had changed hands on the BSE
LIC Q4 PAT rises 2% YoY to Rs 13,763 cr; declares dividend of Rs 6/ share (28-05-2024)
Life Insurance Corporation of India (LIC) reported 2.49% jump in net profit to Rs 13,762.64 crore in Q4 FY24 as compared with Rs 13,427.81 crore posted in Q4 FY23.
VA Tech Wabag bags 5-year service contract from Sultanate of Oman (28-05-2024)
VA Tech Wabag said that it has secured an order worth around Rs 85 crore from Nama Water Services in the Sultanate of Oman towards operation & maintenance (O&M) of the Al Duqm Desalination Plant for a period of 5 years.
Metal stocks edge higher (28-05-2024)
Metal stocks were trading in green, with the S&P BSE Metal index increasing 107.09 points or 0.32% at 33444.52 at 09:46 IST.
Healthcare stocks edge higher (28-05-2024)
Healthcare stocks were trading in green, with the S&P BSE Healthcare index increasing 192.77 points or 0.54% at 35651.66 at 09:46 IST.
Basic materials shares gain (28-05-2024)
Basic materials stocks were trading in the positive zone, with the S&P BSE Commodities index rising 25.64 points or 0.35% at 7341.05 at 09:46 IST.
Indices edge higher; Nifty above 22,950; breadth strong (28-05-2024)
At 09:30 IST, the barometer index, the S&P BSE Sensex, was up 141.51 points or 0.20% to 75,539.01. The Nifty 50 index added 50.20 points or 0.22% to 22,982.65.