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MMTC, Tata Steel Long Products surge as government okays stake sale in Neelachal Ispat Nigam

BUSINESS

MMTC, Tata Steel Long Products surge as government okays stake sale in Neelachal Ispat Nigam

At 3pm, MMTC stock was trading at Rs 63 on BSE, up 12% from its previous close, while Tata Steel Long Products gained 7% to Rs 772.

Sun Pharma Q3 profit rises 11% on year to Rs 2,058.80 crore

BUSINESS

Sun Pharma Q3 profit rises 11% on year to Rs 2,058.80 crore

Operating EBITDA margin declined sharply to 17.12% in the quarter from 20.43% a quarter ago and 20.97% a year ago.

Here's a look at how markets have been reacting to budget presentations over the years

BUSINESS

Here's a look at how markets have been reacting to budget presentations over the years

Domestic stock markets have witnessed high volatility during most budget announcements in the last 14 years, falling on six occasions and rising on eight

UPL net profit rises 25% in December quarter on surge in sales volume

BUSINESS

UPL net profit rises 25% in December quarter on surge in sales volume

Revenue from operations was 23.79 per cent higher in the quarter at Rs 11,297 crore compared to Rs 9,126 crore in the same period of 2020-21

Sun Pharma Q3 Preview: Consolidated PAT to gain 10% YoY while revenue to rise 11%

BUSINESS

Sun Pharma Q3 Preview: Consolidated PAT to gain 10% YoY while revenue to rise 11%

Net sales for the quarter likely to rise 11.5 percent year-on-year growth to Rs 9853 crore for the December quarter

MapmyIndia share prices falls over 11% after poor December quarter numbers

BUSINESS

MapmyIndia share prices falls over 11% after poor December quarter numbers

CE Info Systems reported a consolidated profit of Rs 18.52 crore, down 14 percent from a year-ago period

Weekly Tactical Pick: HCL Tech

BUSINESS

Weekly Tactical Pick: HCL Tech

Correction an opportunity to accumulate HCL Tech, the cheapest large-cap IT stock

AGS Transact Technologies IPO share allotment likely today: Check your application status

BUSINESS

AGS Transact Technologies IPO share allotment likely today: Check your application status

The shares of AGS Transact will start trading on both BSE and NSE from February 1.

Rajiv Mehrishi appointed Chairman of NSE IFSC

BUSINESS

Rajiv Mehrishi appointed Chairman of NSE IFSC

Mehrishi, a retired Indian administrative service officer, was the 13th Comptroller and Auditor General Of India.

Lux Industries locked in 20% lower circuit after executive director is banned for insider trading

BUSINESS

Lux Industries locked in 20% lower circuit after executive director is banned for insider trading

Sebi has banned executive director Udit Todi, who is also the son of the company’s managing director

Manyavar owner Vedant Fashions gets SEBI nod to raise funds via IPO

BUSINESS

Manyavar owner Vedant Fashions gets SEBI nod to raise funds via IPO

The issue comprises a pure offer for sale (OFS) of up to 36.36 million shares by its existing promoter and shareholders.

Zomato share price slips below Rs 100 for the first time

BUSINESS

Zomato share price slips below Rs 100 for the first time

The stock has fallen for five consecutive sessions and dropped nearly 25 percent during the period, wiping out around Rs 26,000 crore of investor wealth

Weekly Tactical Pick - Aditya Birla Sun Life AMC

BUSINESS

Weekly Tactical Pick - Aditya Birla Sun Life AMC

Future growth levers for Aditya Birla Sun Life AMC in place; valuation attractive

Upskilling in deep-tech domains like AI and ML a high priority for corporates: Survey

BUSINESS

Upskilling in deep-tech domains like AI and ML a high priority for corporates: Survey

AI and ML are the highest priority skill domains for 2022, followed by cyber security, project management, digital marketing, cloud computing, and data science, the survey by edtech firm Simplilearn said

Apollo Hospitals will replace IOC in Nifty50, expects Edelweiss Research

BUSINESS

Apollo Hospitals will replace IOC in Nifty50, expects Edelweiss Research

Edelweiss expects an inflow of $175 million in the stock after inclusion in the benchmark index while IOC could see around $100 million outflow

Ceat share price falls 7% after reporting loss for December quarter

EARNINGS

Ceat share price falls 7% after reporting loss for December quarter

Cost of material consumed surged over 24% to Rs 1513.72 crore. Ebitda margin stood at 5.9%, a contraction of 327 basis points quarter on quarter.

Just Dial surges 12% after Kotak upgrades stock despite weak earnings

BUSINESS

Just Dial surges 12% after Kotak upgrades stock despite weak earnings

The stock of India's oldest information search firm hit an intraday high of Rs 910 and gained as much as 11.98%. At 10.15 am, the scrip was trading at Rs 901 on BSE up 11% from its previous close.

Paytm shares close record low; ends below Rs 1,000 for first time since listing

BUSINESS

Paytm shares close record low; ends below Rs 1,000 for first time since listing

At closing, Paytm settled at Rs 997.35 a piece on BSE, down 4.33% from its previous close.

NSE largest derivatives exchange for third consecutive year

BUSINESS

NSE largest derivatives exchange for third consecutive year

National Stock Exchange remained the world's largest derivatives exchange for the third consecutive year in 2021 in terms of number of contracts traded

Bajaj Finance share price opens higher on strong Q3 earnings

BUSINESS

Bajaj Finance share price opens higher on strong Q3 earnings

Bajaj Finance reported a solid quarter with profit surging 84.4 percent year-on-year at Rs. 1,933.9 crore for the quarter ended December. Its net interest income in the quarter jumped 40 percent on-year to Rs. 5,553 crore with assets under management (AUM) rising 21 percent on-year to Rs. 1.3 lakh crore.

IPO greenlight for Delhivery, Radiant Cash Management, and Veranda Learning

BUSINESS

IPO greenlight for Delhivery, Radiant Cash Management, and Veranda Learning

In Delhivery IPO, the following will sell shares: Carlyle, SoftBank, Times Internet, Fosun Group-owned China Momentum Fund

Tatva Chinta Pharma falls over 9% at open on decline in margins

BUSINESS

Tatva Chinta Pharma falls over 9% at open on decline in margins

The stock hit a low of Rs 2597.05 intraday. At 9.20 am, the scrip was trading at Rs 2655 on BSE down 7.4% from its previous close.

Tata Metaliks tumbles on weak December quarter earnings

BUSINESS

Tata Metaliks tumbles on weak December quarter earnings

The stock hit a low of Rs 850 a share and fell as much as 7.76% in intraday. At 10.10am, the scirp was trading at Rs 894 on BSE down 3% from its previous close.

Paytm claws back after slipping below Rs 1,000 for the first time since listing

BUSINESS

Paytm claws back after slipping below Rs 1,000 for the first time since listing

The stock, declining for the ninth consecutive session, hit a record low of Rs 995 a share in the opening but recovered losses soon to go over 2% higher.

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