Adani group stocks have been in limelight post the stupendous listing of Adani Wilmar four days ago.
The derivative analyst from HDFC Securities recommends buying Buy LICHSG FINANCE FEB 410 CALL and simultaneously selling 430 CALL
Apollo Hospitals, Ashok Leyland, Bajaj Hindusthan, Divis Labs, Fortis Healthcare, Glenmark, Godrej Industries, IDFC, India Cements, Jet Airways, PFC, Shree Renuka Sugars, Star Health and Voltas to ann
Adani Wilmar was locked at the 20 per cent upper circuit for the second straight day. The market cap of the company stood at Rs 50,201 crore, as per NSE data.
The RBI left key rates - repo and reverse repo unmoved at 4 per cent and 3.35 per cent, respectively.
At 10:31 am; Nifty Bank, Nifty Financial Services, Nifty PSU Bank and Nifty Realty indices were up 1 per cent, against a 0.5 per cent gain in the benchmark Nifty50 index
MGL said the company's Ebitda margins declined in Q3 mainly due to increase in administered pricing mechanism (APM) and market determined gas prices.
ABB, Amara Raja, Bharat Forge, Cummins, Hero MotoCorp, Hindalco, Hindustan Motors, HP Adhesives, IRB Infra, M&M, Novartis, Sun Tv, Tata Chemicals and Zomato of announce results on Thursday.
DB Realty's board approved fund raising via issuing 50 million convertible warrants to Rekha Jhunjhunwala, RARE Investments and others.
In Q3FY22, Ebitda margin contracted 770 bps at 7.2 per cent as it witnessed cost pressures from raw material price increase during the quarter.
Ace investor Shankar Sharma bought 7 lakh shares, representing 4.4 per cent equity, of Ishan Dyes at an average price of Rs 121.71 per share in a bulk deal on February 08.
3i Infotech, ACC, Aurobindo, Berger Paints, DCB Bank, GMR Infra, Indiabulls Housing, NDTV, Nykaa, Petronet, PowerGrid Corp, SAIL and Tata Power to report earnings today.
Biocon said its subsidiary Biocon Pharma has received approval of its ANDA for Posaconazole Delayed-Release tablets from the US FDA.
Benchmark indices have turned negative for the year with Monday's 1.7% slide in the markets. A double-digit fall in benchmark indices is possible, as markets are not fully pricing global headwinds
At 10:05 am, Adani Wilmar traded at Rs 244, a 6 per cent premium when compared to its issue price of Rs 230 per share.
HDFC, HDFC Bank, HDFC AMC and HDFC Life were underperforming the market by falling in the range of 3 per cent to 4 per as against a 1.7 per ent decline in the S&P BSE Sensex.
In the past six months, the stock has shed nearly 30 per cent, as compared to a 7 per cent rise in the S&P BSE Sensex.
On outlook, GNFC said that the company is in a position to leverage boom in specific products and optimize, both, realization and profits, with flexible and multiple product basket.
The company's board will meet on February 9, 2022 to consider the proposal for buyback of equity shares of the company through tender offer route.
On February 3, 2022, Vijay Kedia purchased 40,007 equity shares representing 0.70 per cent of total equity of Ambika Cotton Mills for Rs 9 crore.