Shares of domestic auto component suppliers took a beating on Wednesday after Germany-based automaker BMW cut its Ebit margin and RoCE guidance due to escalating recall costs and delivery stops
Posts in category Business Standard
Samvardhana Motherson declines after BMW downgrades 2024 outlook (11-09-2024)
Samvardhana Motherson International slipped 2.61% to Rs 184.55 after one of the company’s prominent client BMW announced a downward revision to its financial outlook for 2024.
Eureka Forbes lists on National Stock Exchange; share price gains over 3% (11-09-2024)
Shares of Eureka Forbes rose after the company announced the listing of its shares on the National Stock Exchange (NSE).
PN Gadgil Jewellers IPO draws strong demand; GMP jumps 54% on Day 2 (11-09-2024)
The subscription window for PN Gadgil Jewellers IPO, which is available at a price band of Rs 456-480 with a lot size of 44 shares, will close on September 12, 2024
Aurobindo Pharma arm gets USFDA nod for anesthetic drug (11-09-2024)
The pharma major announced that its stepdown subsidiary, Eugia Steriles received its first product approval from the United States Food and Drug Administration (USFDA) for Lidocaine Hydrochloride injection.
NSE SME Namo eWaste Management spurts on debut (11-09-2024)
NSE SME Namo eWaste Management were trading at Rs 169.55 on the NSE, a premium of 99.47% compared with the issue price of Rs 85.
Eugia Steriles receives its first product approval from USFDA for Lidocaine Hydrochloride Injection (11-09-2024)
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Archidply Decor Ltd leads gainers in ‘B’ group (11-09-2024)
Veeram Securities Ltd, Sandesh Ltd, NINtec Systems Ltd and Dhunseri Investments Ltd are among the other gainers in the BSE’s ‘B’ group today, 11 September 2024.
Oil India, ONGC dip up to 6% as crude oil prices fall on demand concerns (11-09-2024)
While upstream earnings are currently impacted, with the OPEC+ delaying its planned rise in production, analysts at Prabhudas Lilladher expect oil prices to rebound to $75-80 per barrel soon.
Govt proposes to give brokers more freedom to invest surplus cash (11-09-2024)
Amendment to SCRA to allow brokers venture into other businesses as long as client funds are protected