Private sector lender DCB Bank on Saturday posted a 44.87 per cent rise in its net profit at Rs 113 crore for the quarter ended March 2022
Foreign portfolio investors have pulled out Rs 17,144 crore from the Indian equity market in April. In May too, the trend remained the same.
The Midcap and Smallcap indices declined over 2 per cent each; The breadth too favoured the bears in 3:1 ratio.
Record-high inflation levels, dented prospects of corporate profitability and likelihood of contraction in economic growth continue to batter equities.
According to analysts, IT companies have lost their sheen after March quarter results highlighted slowdown in deal momentum, and margin pressure
The company has given a tepid guidance of 1-3% QoQ CC terms growth in Q1FY23, which translates into revenues of $2,748 million to $280 million
Logistics company's anchor allotment on May 10 will demonstrate interest among investors for tech startups, say experts.
As most global central banks embark on a rate hike cycle to battle inflation, analysts expect markets to remain choppy. Here's a report on where to invest in a rising interest rate regime
CLOSING BELL: Around 3:30 PM, the mega IPO of Life Insurance Corporation (LIC) was subscribed 91 per cent with policyholders' quota seeing a subscription of 2.79 times
CARE Ratings has moved ratings of the company's instruments and facilities to "issuer not cooperating" category.
With the recent fundraise (QIP: Rs 300 crore), the company has strengthened its balance sheet with a repayment of around Rs 300 crore debt, post which Gokaldas Exports has become net debt free.
The stock was quoting lower for the sixth straight day, down 6 per cent during this period.
Meanwhile, the mega LIC IPO was off to a steady start, with policyholder and employee segment receiving strong response on Day 1 of the offer period.
In the last policy meeting in April, the monetary policy committee (MPC) of the RBI had shifted its focus to tackle the rising inflation in India after the Russian invasion of Ukraine
The Enforcement Directorate, on Saturday, "seized" over Rs 5,551-crore worth fund of Chinese mobile manufacturing company Xiaomi for violating the Indian foreign exchange law
The non-institutional category, consisting of corporates, individuals, and others has seen muted demand, with only 5 per cent subscription so far
Shilchar Technologies hit a new high of Rs 671.25, zooming 20 per cent on the BSE in Wednesday's intra-day trade amid heavy volumes
Shares of Zomato hit a new low of Rs 64.70, down 7 per cent on the BSE in Wednesday's intra-day trade
Titan's jewellery division's revenue growth trajectory disappointed due to the dual impact of Omicron Covid variant in Jan and a sharp rise in gold prices in March deferring customer purchases.
The much-awaited IPO of Life Insurance Corporation is set to open for subscription today, after it recorded bumper participation from anchor investors. Find out if you should subscribe to it.