The order comprises supplies of close to 14,000 steel wheels to be executed in the month of July and August from its Chennai plant, the company said in a filing to the exchanges.
Brokerages believe, in the coming quarters, low base, pent-up demand, rural push and gradual improvement in economic activity may lift volumes for automakers.
The drug is used to treat patients suffering from Advanced Renal Cell Carcinoma (RCC).
The Board of Directors of the company have recommended a final dividend at Rs 2.55 per share (face value of Rs 10 each) for the year ended March 31, 2020.
Near-term stock performance of Safari might remain subdued and could provide ideal accumulation opportunity for long-term investors.
Investors can expect to earn good returns from equity if they stay invested for a fairly long period of time, says Vinay Paharia of Union Asset Management Company.
Rupee still broadly trading between the range of 75.40-75.75," said Jateen Trivedi, Senior Research Analyst (Commodity & Currency) at LKP Securities
Bullion, with more than 12% gains this quarter, is on track for its best quarter since end-March 2016. Gold was also headed for its third straight monthly gain, said a report.
Out of 254 companies, 93 have fallen more than 50 percent in the last one year
Net profit in the fourth quarter of FY20 fell to Rs 50.7 crore from Rs 113.3 crore in the year-ago period.
Spot gold was steady at $1,771.30 per ounce by 0306 GMT, just $7.76 shy of a near eight-year high of $1,779.06 hit last week. U.S. gold futures rose 0.2% to $1,783.80.
Morgan Stanley has maintained overweight call on the stock with a target at Rs 405 per share.
Sudarshan Sukhani of s2analytics.com suggests buying BEL with a stop loss of Rs 78, target at Rs 98 and Escorts with a stop loss of Rs 1,005, target at Rs 1,070.
A continued and substantial general fiscal deficit is required to satisfy the domestic private sector’s desire for financial security
To buy or not to buy, that is the question!
Orient Refractories, Minda Industries, Central Bank of India, Bharti Airtel, Alphageo India are also in focus today.
This should be attempted only on the downward move in the banking space
Price rebounded and has taken out the swing high at Rs 1,076 giving us a confirmed breakout signal.
In the Point & Figure chart, the price has been in a consolidation after a sharp rally.
ONGC is in sideways trend based on price action. For the past two months, it is trading in a range of Rs 72-93.
Trends on SGX Nifty indicate a positive opening for the index in India with a 62 points gain.
Mixed trend seen on the sectoral front, with auto and FMCG ended higher, while selling seen in the energy, pharma and infra space. BSE Midcap and Smallcap indices ended lower.
Nifty has been trading in the rising wedge pattern on the daily charts. The lower band of this wedge projects the strong support at 10,050-10,100 levels. Close below this support, would mean breakdown for the short to medium term in Nifty.
The Dow Jones Industrial Average rose 580.25 points, or 2.32%, to 25,595.8, the S&P 500 gained 44.19 points, or 1.47%, to 3,053.24 and the Nasdaq Composite added 116.93 points, or 1.2%, to 9,874.15.
Australian S&P/ASX 200 futures rose 1.15% while Japan's Nikkei 225 futures ticked up 0.11%. Hong Kong's Hang Seng index futures climbed 0.62%.