Balkrishna Industries, incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 42879.69 Crore) operating in Tyres sector.

Stock trading in rising channel pattern with a higherhigh & higher low formation indicates momentum.

Promoters held 51.33 per cent stake in the company as of 30-Sep-2022, while FIIs owned 8.84 per cent, DIIs 20.58 per cent.

Making higher highs from the last three months andcame out of its range on weekly frame.

Post-acquisition of Magma Fincorp, the Poonawalla group has strengthened its leadership team, accompanied by reorientation of the customer mix, realignment of the product suite, and implementation of stringent credit policies.

Chambal Fertilisers & Chemicals, incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 12985.68 Crore) operating in Fertilisers sector.

Balkrishna Industries, incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 41234.56 Crore) operating in Tyres sector.

​Techno Electric & Engineering Company, incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 3609.99 Crore) operating in Engineering sector.

During the recent swift decline, the stock managed to defend July months low. Appearance of multiple tall bullish candle indicates renewed buying interest and shift of band on the upside.

“In addition to handling the crisis quite well, India also thrived in this particular situation. As per the anti-fragility concept of Nassim Taleb, when anything or any organisation, country or society, thrive during a period of crisis, they build in anti-fragility which is what India built in as far as 2022 is concerned. ”

Techno Electric & Engineering Company, incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 3508.27 Crore) operating in Engineering sector.

Bajaj Electricals, incorporated in the year 1938, is a Mid Cap company (having a market cap of Rs 13166.30 Crore) operating in Consumer Durables sector.

Chambal Fertilisers & Chemicals, incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 13120.95 Crore) operating in Fertilisers sector.

Demand from corporate travel remains robust and it continues to be the highest contributor to room nights sold. The contribution of the retail segment has also grown significantly. Going ahead, the management sees a significant improvement in consumer sentiment and expects Leisure and corporate travel to continue gaining traction.

“With customers gradually shifting to organised players and given continued struggles faced by its unorganised and organised peers, Titan has a strong runway for growth,” Sneha Poddar, Associate Vice President at Motilal Oswal Financial Services Limited, said.

Polycab India, incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 40019.64 Crore) operating in Consumer Durables sector.

The measures come after a six-month imposition and at a time when steel demand and pricing has taken a hit due to the global economic slowdown, and escalated Covid situation in China.

“We have again turned positive on ITC led by a: a) better-than-expected demand recovery and a healthy margin outlook in Cigarettes, b) healthy sales momentum in the FMCG business, c) smart recovery from the Hotels business,” Sneha Poddar, AVP, Fundamental Research, Motilal Oswal Financial Services, said.

The share of domestic mutual funds in companies listed on the NSE rose for the fifth quarter running and reached an all-time high of 7.97% in Q2, up from 7.95% in the previous June quarter.

Retail, telecom, and new energy could drive the stock of RIL with a market capitalisation of more than Rs 17.7 lakh crore, highest among India Inc. companies listed on the stock exchange, suggest experts.

“With robust industry outlook and aggressive branch addition, VRL is on track to clock 18% volume growth in Goods Transport (GT) segment over FY22-24,” Sneha Poddar, AVP, Fundamental Research, Motilal Oswal Financial Services, said.

Improved PCR, coupled with controlled restructuring and low Special Mention Accounts (SMA) book will drive a sustained reduction in credit cost to 0.8% for SBI which is our top pick,” Sneha Poddar, AVP, Fundamental Research, Motilal Oswal Financial Services, said.

"Large private banks stocks will come out as a winner because they are investing a lot in digitisation. It is not just about investing in digitisation alone but also in ecosystems. So, they have been at the forefront of ensuring that the banking ecosystem is in place."

For the quarter ended June 30, 2022, the company has reported a consolidated total income of Rs 1237.41 crore, down 8.70 per cent from last quarter total income of Rs 1355.34 crore and up 42.99 per cent from last year same quarter total income of Rs 865.37 crore.

According to a LinkedIn survey of around 23,000 workers, employees are increasingly seeking out bosses who show empathy and compassion in the workplace. Additionally, 61% say soft skills in the workplace are just as important as hard skills.

In Thane city, the home turf of Maharashtra Chief Minister Eknath Shinde, 12 out of the 64 injured are being treated at hospitals, officials said, adding that all of them are out of danger. In Mumbai, 197 injured 'Govindas' were discharged after treatment. The condition of 25 others admitted to hospitals is stable, they said.

As many as 24 members of Govinda troupes had been injured in Mumbai as of 3 pm, said a release issued by the Brihanmumbai Municipal Corporation (BMC). While 19 of them were discharged after treatment, five Govindas were hospitalized and their condition was said to be stable, it added. Among those injured, nine Govindas were treated at the civic-run KEM hospital, five at Nair hospital and four at Poddar hospital.

State-owned power giant NTPC floated a tender to raise Rs 5,000 crore term loan from financial institutions. As per the document, the bids can be submitted till 1100 hours on August 31.

Bajaj Electricals Chairman Shekhar Bajaj said over the last few years a significant transformation journey has been embarked at Bajaj Electricals - involving many changes on the business as well as the organisational front. ​The company has also separated the post of chairman and managing director and its patron Shekhar Bajaj will continue as the executive chairman of the company.

Despite inflationary pressures, growth, though dented, has helped them stay the course, companies said. The corporate sector has been tackling headwinds from rising input and logistics costs impacting their earnings in the next few quarters.

Despite inflationary pressures, growth, though dented, has helped them stay the course, companies said. The corporate sector has been tackling headwinds from rising input and logistics costs impacting their earnings in the next few quarters.

How Anuj Poddar staunched cash haemorrhage, repaid debt and more than doubled the market cap of Bajaj Electricals.

The key customer, which analysts say, is cash-strapped Vodafone Idea, has told the tower company that it is on the verge of finalising a payment plan to the company where it has committed to pay part of the amount to be billed till the end of the year and 100% of the amount billed thereafter.

The gross debt also fell to Rs 3,900 crore as of June 30 from Rs 4,755 crore at the end of the last fiscal. On the operational front, DLF's sales bookings doubled to Rs 2,040 crore during the first quarter of this fiscal from Rs 1,014 crore in the year-ago period. It is targeting 10 per cent growth in its sales bookings to about Rs 8,000 crore this fiscal.

Including parental covers in group health insurance comes with several advantages such as no age bar for parents, no pre-medical check-ups required, coverage is applicable from day one and it covers pre-existing diseases among others.

"... Despite the hardships faced in the recent past, your company exhibited strong resilience during this challenging phase and has come out even stronger, delivering a strong performance across all key parameters during the (last) fiscal," DLF Chairman Rajiv Singh told shareholders in an annual report for 2021-22.

"Both executives will report to Anuj Poddar, executive director, Bajaj Electricals," the company said.

Pharma firm Cipla has agreed to acquire an additional stake for nearly Rs 26 crore in digital tech company GoApptiv Private to raise its shareholding to 22.02 per cent.

Better Ventures and iSeed II also participated in the round along with angel investors including Balaji Srinivasan, Sandeep Nailwal, Raj Gokal, Gokul Rajaram and Kunal Shah.

The Insurance Regulatory and Development Authority of India (IRDAI) last week extended the 'use and file' procedure for most of the life insurance products, thereby allowing insurers to launch new products without prior approval of the regulator.

An Audi car, Rs 85 lakh in cash and documents were seized during recent raids against a Punjab-based real estate group in connection with a money laundering case linked to alleged cheating of homebuyers, the ED said. The searches were carried out on June 3 against Gupta Builders and Promoters Pvt. Ltd., its directors Satish Gupta, Pardeep Gupta, their associates Bajwa Developers Ltd, Kumar Builders, Vinmehta Films Pvt. Ltd. and residences of their directors Jarnail Singh Bajwa, Navraj Mittal, Vishal Garg and others at 19 locations in Chandigarh, Ambala, Panchkula, Mohali and Delhi, it said in a statement.

Grid intends to primarily utilize the freshly infused capital to expand its sales and marketing efforts across the target markets and strengthen its product suite.

"The legislative party has unanimously decided that JMM will field its candidate for the Rajya Sabha polls at any cost. The party expects support from Congress. We want that there should be a single Grand Alliance candidate for the polls," JMM spokesperson Supriyo Bhattacharya said.

DCCDL, which is a joint venture between DLF and Singapore's sovereign wealth fund GIC, has a commercial portfolio of 37.9 million square feet, of which 34 million square feet is office space and the rest is for retail.

Two seats of Rajya Sabha from Jharkhand will go to the polls as the tenures of Union Minister Mukhtar Abbas Naqvi and BJP MP Mahesh Poddar are expiring on July 7.

HSE plans to double its offline presence by adding 30 more exclusive brand outlets, a mix of company-owned stores and franchisees and another 100 shop-in-shops in large format stores over the next 12-18 months.

With increasing demand for affordable and quality healthcare, penetration of health insurance is poised to expand in the coming years. The next step for insurtech is to bridge the gap between healthcare access and insurance penetration.

"Most of the key decisions in terms of downstream, mergers and all, in principle, have been frozen, the asset perimeter has been frozen. We will, I think, sometime in the next four weeks have a Cybercity board meeting. So those issues are now hopefully behind us and we should be completely ready in the next few months, "said Ashok Kumar Tyagi, Whole Time Director & CEO of DLF Limited.

The company reported a consolidated profit of Rs 39 crore for the three months, down 28 per cent year-on-year. Consolidated revenues grew by 6 per cent to Rs 1,334 crore, primarily led by the price increases taken in preceding quarters.