Birlasoft will support Invacare in global implementation of SAP S/4HANA and associated SAP solutions, harmonizing business processes and information flows worldwide.
Morgan Stanley said it remains underweight on Avenue Supermarts with a target of Rs 1,120 per share. Credit Suisse maintained its neutral call on the stock due to stretched valuations and retained its target of Rs 1,850 per share
The top gainers included Bandhan Bank, Vodafone Idea, GRUH Finance and Bharti Airtel while the top losers were Century Textiles, Aurobindo Pharma, Indiabulls Housing Finance and Edelweiss Financial Services.
"Pledge creation - on shortfall of security for the existing loans due to fall in share price," the company reasoned in its BSE filing.
The country's second largest software services provider is expected to report strong earnings growth, with likely upward revision in full year revenue guidance.
The clarification from management over observations helped the stock recover more than 13 percent from day's low of Rs 389.55.
The buyback price is a significant premium of 141 percent over October 10 closing of Rs 41.35.
The company retails ready-made garments for men and boys such as shirts, trousers, t-shirts, jackets and sweaters under the Indian Terrain brand
The private lender could be added to the MSCI Index on October 16. The inclusion follows Gruh Finance's merger with Bandhan Bank.
Promoters held 35.53 percent stake in the company, while foreign shareholding stood at 39.30 percent as of September 2019.
The dry-cell battery maker sold the land parcel for Rs 100 crore to Alwarpet Properties.
NCC, in a BSE filing, on October 10 said India Ratings and Research (Ind-Ra) has placed its long-term issuer rating of 'IND A', on rating watch negative (RWN). The outlook on the earlier rating was stable.
IndusInd Bank's profit during the quarter declined to Rs 1,383.37 crore compared to Rs 1,432.5 crore reported in June quarter, on year-on-year (YoY) basis it jumped 69 percent.
Jefferies has a buy call on the stock but the brokerage has cut the target price to Rs 2,300 from Rs 2,500 earlier, citing that the weak Q2 signals a single-digit growth in FY20.
Nifty Metal gained over 2 percent led by Vedanta and Jindal Steel & Power which jumped over 4 percent each followed by Tata Steel, JSW Steel, Coal India and Hindustan Zinc.
The banking regulator had initiated Prompt Corrective Action (PCA) against Lakshmi Vilas Bank on September 27
The net interest income grew by 2.3 percent quarter-on-quarter (32 percent sequentially) to Rs 2,909.5 crore in Q2.
There were pending buy orders of 643,382 shares, with no sellers available.
All passenger vehicles' global wholesales were at 61,388 in September, lower by 14 percent.
The company revenue was down 10.6 percent at Rs 101.5 crore against Rs 113.5 crore, while EBITDA loss was at Rs 9.7 crore against Rs 1.2 crore, YoY.
The company does not believe that the warning letter will disrupt supplies or impact the revenue of its Indrad facility.
A couple of days ago, Central Depository Services (CDSL) had frozen the promoter shareholding of the debt-ridden mortgage lender due to delay in the announcement of the company's financial earnings
With this order, the company's order book as on date stands around Rs 1,001 crore
According to CLSA, Jio’s IUC charge is likely to pressure TRAI to abolish the tariff
Shares of IndusInd Bank gained more than 6 percent intraday on October 8, a day ahead of the second quarter earnings announcement. Brokerage houses expect a healthy set of results from the private sector lender.