Market share gains, margin improvement are other positives for the stock
M&M said its sales volume for the quarter ended June 2021 is estimated to be lower by 15-20 per cent as compared to the year-ago period due to the second wave of the coronavirus
Cash flows in the March quarter and debt reduction are key triggers
The company has been directed to pay ex-gratia to the next of kin of the deceased workers
The fire had erupted after a blast in the factory in the early hours of Tuesday. Twenty injured an five labourers missing as well
Agro-chemical firm UPL Ltd on Wednesday announced a strategic collaboration with US-based internet of things (IoT) innovator TeleSense to revolutionise post-harvest grain storage and transport.
December quarter was impacted by currency headwinds, dry weather in the key LatAm market
A combined 27 million equity shares, representing 3.5 per cent of total equity of UPL, changed hands on the NSE and BSE at the time of writing of this report
The stock of HPCL has witnessed a built-up of long positions with the addition of 10 per cent open interest
Healthy fundamentals and expectation of a strong second half of 2020-21 cheer investors
Agrochemicals manufacturer UPL has completed the pre-payment of $410 million of 3.25 per cent senior notes due in October 2021
JSPL said it has received the 'regular rail supplier' status from the Indian Railways
In a clarification on the reports, the company said that this was an old matter and was reported to the audit committee in 2017.
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The stock closed at Rs 438 a share, down 10.94 per cent, with a market capitalisation of Rs 33,499 crore
According to reports, the whistleblower has alleged that UPL entered into rent deals with the shell company owned by its employees. UPL has denied these allegations.
The company reported a lower-than-expected operational and profit performance in September quarter (Q2FY21)
Its net profit stood at Rs 202 crore in the year-ago period
The communication on Thursday said that the auditor of the UPL Corporation (UPL's Mauritius subsidiary), KPMG Mauritius, had resigned with effect from October 8, 2020
The company informed that M/s. KPMG, Mauritius has resigned as the auditor of UPL Corporation Limited w.e.f. 8th October, 2020, it said.