CLOSING BELL: Gas stocks, including Mahanagar Gas and Indraprastha Gas, dropped up to 6 per cent after the government kept domestic gas prices unchanged
CRISIL Ratings believes MFL's capitalisation and asset quality will remain strong supported by its gold loan business.
The government kept domestic gas prices unchanged at $8.6/mmBtu on a provisional basis from April 2023 to September 2023
Sustained higher crude oil prices and gas realisations can result in better profitability for upstream oil and gas companies, analysts said
The company has appointed Rajan Gupta as Additional Director and the Managing Director & Chief Executive Officer of the company
CLOSING BELL: Nestle India, Infosys and ICICI Bank were the other major gainers among the Sensex 30 on Friday, up over 3 per cent each.
A combined 69 million shares, representing 1.86 per cent of total equity of Vedanta, have changed hands on the NSE and BSE so far
With the rally in the past two days, the stock has bounced back 40 per cent from its 52-week low of Rs 1,050 touched recently on Tuesday, March 28
As of December 31, 2022, VA Tech Wabag has an order book of over Rs 10,000 crore, that includes framework contracts, with 3 times revenue visibility
The stock is inching towards its 52-week high of Rs 424 touched on November 25, 2022.
CLOSING BELL: Adani Enterprises, Adani Ports, JSW Steel, Eicher Motors, HCL Tech, Bajaj Auto, Ultratech Cement, Tata Motors, and Hero MotorCorp were the large-cap winners
Thus far in the calendar year 2023, Bharti Airtel has tumbled 9%, as compared to 6% decline in the S&P BSE Sensex and 13% fall in Reliance Industries' shares
Zen Technologies believes that it will play a significant supporting role in the government's prestigious Agnipath initiative and efforts to modernize training.
The board said it considered the request of Murali Ramakrishnan, Managing Director & CEO, not to offer himself for re-appointment due to personal reasons/family circumstances.
The board, at its meeting held February 08, 2023, had approved and announced share buyback up to Rs 200 crore at a share price of Rs 2,000 per share via tender offer
The Group refuted The Ken news report, stating it as "baseless and deliberately mischievous".
The stock was down 2 per cent so far today and quoted close to its record low level of Rs 120.75, touched on January 23, 2023.
CLOSING BELL: The S&P BSE Sensex ended 40 points lower, while the Nifty50 was down 34 points. Shares of Adani Group tumbled up to 7 per cent, with Adani Enterprises leading the fall.
The stock has slipped 6% to Rs 185.45 and trades at its lowest level since April 2020.
The slide in the stocks resumed after a report by The Ken claimed that the Adani group has not completely repaid its loans taken against the promoters' shares