On the sectoral front, selling was seen in the FMCG, auto, pharma, power and oil & gas, while buying was seen in the bank, metal and information technology names
Monte Carlo Fashions maintains its yearly growth guidance of 20-25 percent as mentioned earlier.
In the next leg of growth, Gokaldas will execute capex of Rs 370 crore over FY22-FY25, which includes new greenfield projects and upgrading its existing machinery
The company announced issuance of convertible warrants worth Rs 372 crore to promoter and OrbiMed Asia
The board of directors approved the issuance of non-convertible debentures (NCD) on private placement basis for an amount not exceeding Rs 700 crore
Rail Vikas Nigam has been asked to build an elevated viaduct and nine elevated metro stations
The US drugs regulator conducted pre-approval inspection and good manufacturing practices inspection of the company's Lexington facility from December 27 to January 10
India’s outperformance in 2022 was sustainability of credit growth, equity inflows and solid corporate earnings momentum. These will be key factors to watch, said Morgan Stanley
The enhanced capacity is to be added by December 2023 with an investment of Rs 56 crore.
The company is likely to report a 2.8 percent quarter-on-quarter growth in revenue while net profit is expected to increase by 6.5 percent QoQ
In the commercial three-wheeler segment, the company unveiled an electric passenger vehicle Greaves ELP, cargo EV Greaves ELC and a futuristic cargo concept Greaves Aero Vision.
At the Auto Expo, JBM Auto also showcased three new products in its electric bus series that cater to diverse platforms like city, staff and school segments
The research firm is of the view that higher 5G capex and absence of tariff hikes will drive down returns while on the other hand Jio is likely to drive more competitive pricing regime.
The USD 27 billion domestic pharma industry has structural growth drivers in place and well-placed to achieve low double-digit growth in the coming years.
Stocks to Watch: Check out the companies making headlines before the opening bell.
The edible oil segment has recorded volume growth in "high-single-digit", the food & FMCG segment in "high-20s" and industry essentials have grown by over 40 percent, Adani Wilmar said
The stock, which is backed by Shankar Sharma, has delivered over 300 percent returns, quadrupling shareholders’ value of holding in just 15-odd days, leaving many who missed the opportunity during the initial public offer (IPO) disappointed.
The PSU Bank index was down over 2 percent, while Nifty bank and infra indices were down a percent each. The BSE midcap and smallcap indices, too, closed 0.5 percent lower
Along with subsidiary Safari Manufacturing Limited, the group’s total capacity now stands at 5.25 lakh pieces a month. Market leader VIP Industries has a capacity of 10.25 lakh a month
Most of the revenue growth will be driven by price hikes, while food will outperform personal care. Discretionary companies such as paints, jewellery, apparel and QSR face a demand slowdown, say analysts
CLSA expects JLR margin profile to improve led by volume growth and for commercial vehicles (CV) and passenger vehicles (PV) business margin to improve on lower commodity costs and price hikes.
According to a Bloomberg report, Adani has offered to pay Rs 31.97 crore to financial creditors who were asking Rs 1,658 crore
Analysts see a big growth opportunity in autonomous driving
Shares of TCS were reeling under selling pressure as results showed that some of the clients may have turned cautious on spend, as the global economic landscape remains gloomy.
Among sectors, information technology, power, auto, capital goods, oil & gas, metal and PSU bank were up 1-2 percent. The BSE midcap index was up nearly a percent and the smallcap index 0.5 percent