Better procurement of raw materials and implementation of cost-saving projects over the last few months and the year assisted in bolstering the margins of the company in Q4FY21 Source linkContinue Reading
The financial services company said Bajaj Electricals is a turnaround story. Its strong revenue growth in the fast-moving consumer electricals business and sharp improvement in margin should drive higher return ratios, said Morgan Stanley. Source linkContinue Reading
Those at Motilal Oswal caution against the possible earnings downgrades going ahead due to the mobility restrictions, which they believe has ‘muddied sentiment and impaired FY22 earnings visibility Source linkContinue Reading
On the technical charts, the 200-day moving average of the stock stood at Rs 508.92. Source linkContinue Reading
According to a Business Standard report, Tata Motors DVR, Intellect Design and SKF India could be added to the MSCI Smallcap index after the index provider does its semi-annual review Source linkContinue Reading
A total of 165,570 shares changed hands on the counter till 10:15AM (IST) Source linkContinue Reading
HDFC AMC’s stock has seen some significant increase in trading volumes from the past few trading days indicating strong hands accumulating the stock at lower levels Source linkContinue Reading
JSW Hydro Energy, an arm of JSW Energy, has raised $707 million from an international green bond issue that was oversubscribed by over four times, merchant bankers said on Monday Source linkContinue Reading
A host of Federal Reserve speakers this week will likely give markets plenty to consider as policymakers assess how best to respond to receding risks posed by the coronavirus in some major economies. Source linkContinue Reading