Hindustan Zinc Ltd reported a decent June quarter performance despite the impact of the second wave of covid. Firm base metal prices helped offset rising costs and the sequential decline in production. The stock was up more than 2% in early trade on Friday. Mined metal production at 221,000 tonne rose 9% year-on-year on a…
Category: Business News
Star Health files IPO papers with Sebi – Rs 2,000 crore!
Star Health files IPO papers with Sebi, preliminary papers with capital markets regulator Sebi to raise funds through an initial share sale. The initial public offer (IPO) comprises a fresh issue of equity shares worth Rs 2,000 crore and an offer for sale of up to 60,104,677 equity shares by promoters and existing shareholders, according…
Zomato, Paytm, Mobikwik IPOs: Don’t let the FOMO creep in!
It’s raining IPOs (Initial Public Offers) in the stock market. Zomato, Paytm, Mobikwik IPOs which closed for subscription on Friday was oversubscribed 40 times. Digital payment companies, Paytm and Mobikwik have filed for IPOs this year. Other digital names like Flipkart and Ola are in line to take public route as well. Tech start-ups using…
How ITC is churning value from its highly commoditised agri business division
To begin with, the company in the past year has launched frozen vegetables such as peas, tinda and parwal under the Farmland brand. It has also launched frozen shrimps under Kitchens of India. “The agri-business is the source of competitive advantage for our food business,” points out Sanjiv Puri, Chairman and MD, ITC. Agri business…
Big IT sector reform! Permanent Work From Home will boost global competitiveness
Big IT sector reform! Much needed changes to the Other Service Providers (OSP) framework brought in by the Telecom Ministry will not only ease compliance burden, but also result in greater efficiency, non-urban job creation and global competitiveness What started out as a temporary solution for the Indian IT & ITES companies to facilitate work…
IT skills in top demand! Jobs aplenty for professionals with these expertise
IT skills in top demand! With global pandemic accelerating digital adoption and technology sector standing out in the crowd, data gathered by Quess Corp through their platform points at an increase in demand for IT skills among captives of global companies. The demand for IT skills grew by 22.5 per cent from from October 2020…
Govt to sell up to 7.5% in NMDC via OFS on Tuesday, may get Rs 3,621 cr
Bond funds move 50% portfolio to cash as inflation breaches 6%
The Bond funds move 50% portfolio to cash as inflation breaches 6%. A series of interest rate cuts and then rising bond yields have already caused a high level of volatility in the returns offered by long duration debt funds in the last one year. Long-term debt schemes, in the last one year, have offered…
SpiceJet plans to raise funds, stock zooms 4 per cent
Marico share scales record high as Credit Suisse raises target price
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| Stock Name | Open Price | Trend | Details |
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| Reliance | 1930.10 | Buy | Click Here |
| Asian Paints | 2577.00 | Buy | Click Here |
| HDFC | 2448.00 | Buy | Click Here |
| HDFCAMC | 2790.00 | Buy | Click Here |
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NSE Top Gainers/Losers
| COMPANY | LTP | %CHNG | VOLUME | |
|---|---|---|---|---|
| HINDALCO | 417.95 | 4.47 | 1,41,13,388 | |
| BAJFINANCE | 6,303.05 | 2.28 | 10,11,507 | |
| TATASTEEL | 1,327.20 | 2.25 | 37,39,538 | |
| SBIN |
|
1.84 | 70,85,419 | |
| SBILIFE |
|
1.78 | 31,12,583 |
| COMPANY | LTP | %CHNG | VOLUME | |
|---|---|---|---|---|
| DRREDDY | 5,354.15 | -1.06 | 1,86,489 | |
| AXISBANK | 748.35 | -1.05 | 54,72,359 | |
| TECHM |
|
-1.00 | 3,03,653 | |
| SUNPHARMA | 697.85 | -0.79 | 9,00,502 | |
| CIPLA |
|
-0.71 | 4,16,800 |
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