Stocks in news: Adani Enterprises, NTPC, L&T, Tech Mahindra, HDFC Bank, Tata Motors, Vedanta
NTPC reported a 5.4% YoY rise in standalone net profit for the quarter ended December to Rs 4,476.25 crore. Revenue from operations rose 37% on year to Rs 41,410.50 crore. The board has also approved an interim dividend of Rs 4.25 a share for the current financial year.
India’s PLI Scheme – Spell of manufacturing brilliance or a fallacy?
In 2020, the government realised the lacunas of the previous initiatives, came back to the drawing board alongside the ministries and drafted the Production
Aarti drugs stock price broke down from the strong support of 444 and is heading towards the next support level of 421. If there is a significant upward move in stock 444 will be the first hurdle.
Aarti drugs continues its sideways movement without showing any progress towards either side.Still in the strong support of 200EMA. 20EMA is resisting the upward movement.
ETMarkets Smart Talk: India’s weight in MSCI EM index rising, FIIs driving markets to new highs: Divam Sharma, Green Portfolio
If you look at the known devils in the market, most of them are factored in be it inflation, war situation, recession probability in some developed nations, supply chain and energy crisis.
ETMarkets Smart Talk: India’s weight in MSCI EM index rising, FIIs driving markets to new highs: Divam Sharma, Green Portfolio
If you look at the known devils in the market, most of them are factored in be it inflation, war situation, recession probability in some developed nations, supply chain and energy crisis.
Ahead of Market: 10 things that will decide D-Street action on Friday
European shares fell on Thursday, led by technology shares, after the Federal Reserve hinted at smaller interest rate increases for longer, dampening hopes of a downshift in its aggressive fight against inflation.The pan-European STOXX 600 dropped 0.9% by 0905 GMT, with rate-sensitive European technology stocks falling nearly 2%. While most major European sector indexes slid, banks edged 0.3% higher.
Corporate Radar: Angel One to turn ex-dividend, Asian Paints, Bajaj Finance earnings and more
A board meeting of Rajnandini Metal is also lined up to deliberate fundraising. Embassy Office Parks REIT other than quarterly earnings will also deliberate over dividend.
Ahead of Market: 10 things that will decide D-St action on Friday
Nifty50 made strong gains and closed near the psychological mark of 17,800 level. After a gap-up start, the index ended up forming a small bullish candle with a long lower wick, suggesting intraday selling was bought into. Analysts said a follow-up buying might help gauge the strength of the up move.
Ahead of Market: 10 things that will decide stock action on Monday
Nagaraj Shetti, Technical Research Analyst, HDFC Securities, said the short term trend of Nifty is range bound with volatility and the consolidation movement is expected to continue for the next week. “We expect Nifty to trade in a range of 17,800-17,300 levels by next week. Any decisive breakout on either side is likely to accelerate momentum in the market.”
Commerce ministry for imposing anti-dumping duty on Chinese ofloxacin medicine
Ofloxacin is used to treat certain infections including bronchitis, pneumonia and infection of skin, bladder, urinary tract and prostate. DGTR had conducted the probe following a complaint from Aarti Drugs Ltd about the dumping and initiation of the investigation. The directorate works under the ministry.
Ahead of Market: 10 things that will decide D-Street action on Thursday
Osho Krishan, Sr Analyst - Technical & Derivative Research, Angel One, said the unilateral movement of the index has placed it towards the psychological mark of 18,000, which might hinder the ongoing up move, followed by the weekly swing high of 18,100-18,150 odd levels that might act as a sturdy wall for the bulls.
Balaji Speciality Chemicals manufactures niche chemicals such as ethylene diamine, piperazine anhydrous, diethylenetriamine, aminoethyl ethanolamine and aminoethyl piperazine, using the monoethanol amine process.
1. Aarti drugs is the largest manufacturer in the world for metformin under API (active pharmaceutical ingredients) in pharma sector which gives the multifold return to its investor.
2. ROCE and ROE is above 25% from the last 3 years.
Aarti Ind Board approved demerger of Pharma Business. Share will be issued in the ratio of 1 share of Pharma company for every 4 share help in Aarti Ind. Around 20% of the business will be transferred
Cadila -ZYDUS PARTNERS TO LAUNCH SODIUM ENAXOPARIN in Us