Raising the prospect of economic growth recovering to just under 6.5% by next financial year (2020-21), the Organisation for Economic Cooperation and Development (OECD) has forecasted Indian economy to grow 6.2% in 2020 and further to 6.4% in 2021. The Organisation further noted that India’s monetary and fiscal policies have …
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Jubilant Life Sciences surges on the BSE
Jubilant Life Sciences is currently trading at Rs. 526.00, up by 9.20 points or 1.78% from its previous closing of Rs. 516.80 on the BSE. The scrip opened at Rs. 520.05 and has touched a high and low of Rs. 534.35 and Rs. 518.15 respectively. So far 14891 shares were …
Read More »Metal stocks jump on renewed hopes of positive developments in US-China trade talks
Metal stocks were trading higher after US national security adviser Robert O’Brien states that an initial trade agreement with China was still possible by the end of the year. Tata Steel is currently trading at Rs. 413.70, up by 14.10 points or 3.53% from its previous closing of Rs. 399.60 …
Read More »Power Grid surges on emerging as successful bidder for two transmission projects in UP
Power Grid Corporation of India is currently trading at Rs. 199.60, up by 1.05 points or 0.53% from its previous closing of Rs. 198.55 on the BSE. The scrip opened at Rs. 198.35 and has touched a high and low of Rs. 200.30 and Rs. 198.05 respectively. So far 44747 …
Read More »Dr. Reddy’s Laboratories gains on launching Doxercalciferol Injection
Dr. Reddys Laboratories is currently trading at Rs. 2884.95, up by 13.45 points or 0.47% from its previous closing of Rs. 2871.50 on the BSE. The scrip opened at Rs. 2868.00 and has touched a high and low of Rs. 2892.00 and Rs. 2853.00 respectively. So far 8352 shares were …
Read More »ITD Cementation jumps on receiving LOAs worth Rs 3400 crore
ITD Cementation India is currently trading at Rs. 66.05, up by 3.10 points or 4.92% from its previous closing of Rs. 62.95 on the BSE. The scrip opened at Rs. 63.00 and has touched a high and low of Rs. 66.05 and Rs. 61.30 respectively. So far 127028 shares were …
Read More »Ashapura Minechem rises on signing loan agreement of Rs 78 crore with Elara Finance
Ashapura Minechem is currently trading at Rs. 25.10, up by 0.35 points or 1.41% from its previous closing of Rs. 24.75 on the BSE. The scrip opened at Rs. 25.95 and has touched a high and low of Rs. 25.95 and Rs. 25.10 respectively. So far 826 shares were …
Read More »MEP Infrastructure Developers gains on securing LoA from NHAI for project in Uttar Pradesh
MEP Infrastructure Developers is currently trading at Rs. 39.65, up by 0.15 points or 0.38% from its previous closing of Rs. 39.50 on the BSE. The scrip opened at Rs. 40.40 and has touched a high and low of Rs. 40.85 and Rs. 39.40 respectively. So far 4365 shares were …
Read More »Indoco Remedies shines on getting EIR from USFDA for sterile, solid dosages facilities in Goa
Indoco Remedies is currently trading at Rs. 155.00, up by 5.55 points or 3.71% from its previous closing of Rs. 149.45 on the BSE. The scrip opened at Rs. 157.55 and has touched a high and low of Rs. 157.55 and Rs. 155.00 respectively. The BSE group ‘B’ stock of …
Read More »ARSS Infrastructure Projects touches roof on bagging work order of Rs 45.81 crore
ARSS Infrastructure Projects is currently trading at its upper circuit limit of Rs. 23.75, up by 1.10 points or 4.86% from its previous closing of Rs. 22.65 on the BSE. The scrip opened at Rs. 23.75 and has touched a high and low of Rs. 23.75 and Rs. 23.75 respectively. …
Read More »Aurobindo Pharma soars on aiming to become debt free in next 3 years
Aurobindo Pharma is currently trading at Rs. 438.30, up by 9.60 points or 2.24% from its previous closing of Rs. 428.70 on the BSE. The scrip opened at Rs. 429.10 and has touched a high and low of Rs. 442.40 and Rs. 429.10 respectively. So far 52843 shares were traded …
Read More »Adani Transmission gains on raising $500 million via notes
Adani Transmission is currently trading at Rs. 265.20, up by 1.85 points or 0.70% from its previous closing of Rs. 263.35 on the BSE. The scrip opened at Rs. 265.60 and has touched a high and low of Rs. 269.00 and Rs. 263.85 respectively. So far 5649 shares were traded …
Read More »NTPC rises on planning to raise funds via green bonds for THDCIL, NEEPCO acquisition
NTPC is currently trading at Rs. 118.00, up by 0.20 points or 0.17% from its previous closing of Rs. 117.80 on the BSE. The scrip opened at Rs. 117.80 and has touched a high and low of Rs. 118.85 and Rs. 117.80 respectively. So far 31008 shares were traded on …
Read More »SBI gains on raising Rs 3,813 crore via perpetual bonds
State Bank of India (SBI) is currently trading at Rs. 332.00, up by 2.85 points or 0.87% from its previous closing of Rs. 329.15 on the BSE. The scrip opened at Rs. 330.00 and has touched a high and low of Rs. 331.90 and Rs. 328.50 respectively. So far 223757 …
Read More »Kalpataru Power Transmission trades in green as its arm secures new order for Rs 615 crore
Kalpataru Power Transmission is currently trading at Rs. 460.80, up by 1.25 points or 0.27% from its previous closing of Rs. 459.55 on the BSE. The scrip opened at Rs. 462.00 and has touched a high and low of Rs. 462.00 and Rs. 456.00 respectively. So far 1696 shares were …
Read More »Tata Motors inches up on getting shareholders’ approval for raising Rs 6,494 crore
Tata Motors is currently trading at Rs. 162.35, up by 0.05 points or 0.03% from its previous closing of Rs. 162.30 on the BSE. The scrip opened at Rs. 161.75 and has touched a high and low of Rs. 164.05 and Rs. 160.00 respectively. So far 600163 shares were traded …
Read More »Allcargo Logistics inches up on planning to raise Rs 195 crore via NCDs
Allcargo Logistics is currently trading at Rs. 94.60, up by 0.15 points or 0.16% from its previous closing of Rs. 94.45 on the BSE. The scrip opened at Rs. 95.30 and has touched a high and low of Rs. 96.10 and Rs. 94.35 respectively. So far 7215 shares were traded …
Read More »P-notes investment jumps to Rs 76,773 crore at October-end
The share of foreign portfolio investments (FPI) in domestic capital markets through participatory notes (P-notes) has jumped to Rs 76,773 crore at the end of October from Rs 76,611 crore at September-end. Before registering gain in October, investments through P-notes had been declining continuously since June. At the end of …
Read More »Govt plans to amend IBC to protect buyers of stressed assets from prosecution
With an aim to provide immunity to companies taking over stressed assets from prosecution for financial crimes committed by erstwhile promoters, the government is planning to amend the Insolvency and Bankruptcy Code (IBC). This will help make the insolvency process more attractive for the bidders and instil confidence in them. …
Read More »Govt raises anxiety over fake invoices in B2B segment impacting GST mop-up: Anurag Thakur
Minister of State for Finance and Corporate Affairs Anurag Thakur said the government has raised anxiety over fake invoices being generated in the business-to-business (B2B) segment which is impacting Goods and Services Tax (GST) mop-up. He also said this under-reporting has become a challenge for the government. Citing the recent …
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