LIC IPO: If investors agree with those calculations proposed by the government, LIC would join the league of India's biggest companies like RIL and TCS
Consolidated revenue from operations rose 30% to Rs 20,313 cr
The BSE Midcap and Smallcap indices gained 1 per cent and 0.7 per cent, respectively. Telecom stocks logged smart gains after telcos pitched for 90-95 per cent cut in 5G spectrum auction prices
The management indicated that it continues to monitor the current situation, wherein the trend in sales and footfall will depend on any local pandemic related restriction on trade activities.
The company said its board will meet on February 8 to consider the proposal for sub-division/split of company's equity shares of face value of Rs 10 each.
On Tuesday, the stock of the telecom services provider had tanked 21 per cent to Rs 11.80 after the company said it agreed to convert interest on deferred statutory dues into equity.
The Nifty PSU Bank index needs to cross 2,850 to indicate further strength
The stock of the renewable energy arm of the diversified Adani Group quoted higher for the ninth straight trading session, and has gained 27 per cent during the same period.
On Tuesday, January 11, 2022, Societe Generale acquired 500,000 equity shares representing 0.57 per cent stake in SEIL at Rs 226.02 per share via bulk deal on the NSE.
DLF said it has clocked sales worth approximately Rs 1500 crore for towers in the first phase of the newly launched luxury residential project, ONE Midtown in West Delhi
The average price of the company's shares as per the calculation method provided in the DoT Communication works out to be around Rs 41.50 per share, subject to final confirmation by the DoT.
Logistics stocks have been showing strength on the medium term charts, according to Vinay Rajani of HDFC Securities.
The three IT majors are scheduled to report Q3 earnings on Wednesday.
IBM down after UBS downgrades to 'sell'; Federal Reserve Chair Jerome Powell's testimony may offer fresh insight on policy tightening
The announcement of Tata Teleservices (Maharashtra) came within hours of Voda Idea also deciding to opt for converting the interest amount on AGR dues into government equity
The deadline to file tax audit report and transfer pricing audit report for 2020-21 fiscal too has been extended till February 15
As per reliable sources, the Tatas will be paying Rs 670 cr for two years of title sponsorship while Vivo will pay Rs 454 cr for termination of contract, which makes it a win-win situation for BCCI
The broader markets were quiet today with the BSE MidCap and SmallCap indices ending little changed
The operating margin of India Inc is likely to drop in the December quarter with a 100-120 bps year-on-year decline, as 27/40 sectors are set to see crimped margins despite higher revenue, according to a report. Surging commodity prices and price hikes may help companies report a healthy 16-17 per cent revenue growth to Rs 9.1 lakh crore during the quarter ending December, the Crisil report said on Tuesday. Software major TCS will open the earnings season Wednesday. For the first time in as many as 12 quarters, corporate profitability as defined by the earnings before interest, taxes, depreciation and amortisation (Ebitda) margin, is likely to drop by 100-120 bps year-on-year and 70-100 bps sequentially in the December quarter, as 27/40 sectors with 300 companies tracked, excluding financial services, and oil & gas sectors, are likely to see their operating margin shrinking, the report said. According to the analysis, the margin fall will be led by software (230-250 bps fall due ..
According to Jefferies, Infosys's growth will be impacted by seasonal softness, although deal ramp-ups should help drive 3.7 per cent quarter-on-quarter (QoQ) CC revenue growth
The focus will be on comments on CY22 client budgets, demand trends, supply side pressures and margin outlook.
Brokerage firm Jefferies sees EBIT margins of the company declining by 70 basis points to 16.6 per cent from the previous quarter, on the back of salary hikes.
Vodafone Idea continues to attract risky traders as medium-term outlook remains robust
Stocks hitting a 52-week high or new all-time high early in the year tend to have more legs for an upside for the rest of the year.
In the past one month, the market price of PB Fintech dipped 25 per cent after the mandatory lock-in period for anchor investors expired on December 13, 2021.
'She will be fine. But she is going to take a while because of her age. And also, Covid takes seven days,' says Lata Mangeshkar's niece
In the last six trading days, the market price of AU SFB has appreciated by 24 per cent.
India has so far administered 1,528,970,294 vaccine doses. That is 4261.84 per cent of its total caseload, and 109.3 per cent of its population
Vodafone Idea said the equity shares will be issued to the Government at par value of Rs 10 per share, subject to final confirmation by the DoT.
This will result in dilution for all the existing shareholders of the company, including the founders
Mehul Kothari of Anand Rathi is bullish on Brigade Enterprises and Laxmi Organic Industries
Delta Corp will be in focus ahead of its Q3 earnings, the stock is also in F&O ban. HCC may come under pressure owing to debt default.
The govt has approved the Production Linked Incentive scheme for automobile and auto components Industry in India with a budgetary outlay of ₹25,938 cr
Moderation in growth trajectory going ahead, owing to Covid-related disruptions, along with extremely stretched valuations, cap near-term upside in the stock price
While back pain has been a common symptom of viral diseases, doctors are witnessing an increase in the case of severe back pain among Omicron patients, even after recovery.
Paytm disbursed 44 lakh loans worth Rs 2,180 crore during the quarter
However, once the restrictions are lifted, the pace of recovery is expected to be sharp, says Crisil Ratings
The situation is dynamic and evolving, the need for hospitalisation may change rapidly, says govt
In the broader markets, the BSE MidCap index added 0.7 per cent while the BSE SmallCap index gained 1.2 per cent.
Of these 953 stocks, 78 per cent or 747 are from the BSE T (87), X (240), XT (351) and Z (69) group.
The pharmaceutical company has fixed Tuesday, January 11, 2022, as the 'record date' for the members entitlement of sub-divided shares.
Global brokerage Macquarie has maintained its 'underperform' rating on the stock and reduced its target price (TP) to Rs 900.
GRM Overseas was locked at the 5 per cent upper circuit at Rs 815.55, also its new high in trades on Monday.
The Nifty Realty index can rally towards 525-level.
The stock has been in demand after the company's arm Greaves Electric Mobility reported strong sales for December 2021
India has so far administered 1,519,405,951 vaccine doses. That is 4255.11 per cent of its total caseload, and 108.61 per cent of its population
The stock was up 3% at Rs 3,979.90, trading close to its record high level of Rs 3,990 touched on October 8, 2021.
Concor has indicated a double bottomed pattern on the daily chart and seems well placed to rise further, says the technical analyst from Prabhudas Lilladher
TCS likely to be in limelight ahead of Q3 results, share buyback plan; Airline shares may also be in focus amid slump in demand.
India has so far administered 1,515,760,645 vaccine doses. That is 4266.38 per cent of its total caseload, and 108.35 per cent of its population