Share Market News Today | Sensex, Nifty, Share Prices HIGHLIGHTS: BSE Sensex and NSE Nifty 50 ended more than 1 per cent lower on Friday, on the back of weak global cues. BSE Sensex tanked 652 points or 1.08% to end at 59,646.15, while NSE Nifty 50 points ended at 17758, down 198 pts or …
Our Annual Report analysis of Cipla indicates robust improvement in return ratios over FY18-22. Notably, there had been an improvement in ROE in FY21 (+400bp y-o-y) to 14.1% and it sustained at similar levels in FY22. Over FY18-20, Cipla’s earnings were largely flat. However, the efforts across key geographies aided by limited competition products in …
Sona BLW share price tanked 6 per cent on Thursday to hit an intraday low of Rs 507 on NSE. The share price drop comes after it was reported that Blackstone Inc. is looking to raise as much as Rs 3,180 crore through the sale of shares in the automotive component maker Sona Comstar. According …
Stitched Textiles, which owns leading men’s wear fashion brand “Barcelona”, has decided to withdraw its Rs 200 crore-Initial Public Offering (IPO).The IPO was slated to be entirely a fresh issue of equity shares. Proceeds of the issue were to be used for expansion of the company’s retail network by launching exclusive brand outlets, enhancing the …
Blubirch, a SaaS and AI-based automation-driven reverse supply chain management platform, said it has secured a funding of Rs 53 crore from Cornerstone Ventures and Capital2B.With this latest round of funding, the company has so far raised Rs 85 crore in fundings. Blubirch said that the fundraise will help accelerate its growth, deepen its market …
BSE Sensex managed to close above 60,000-mark for the second consecutive day on Thursday. While Nifty 50 index settled above 17950 on the day of weekly F&O expiry day. S&P BSE Sensex ended 38 points or 0.06 per cent at 60,298, while NSE Nifty rose 12.25 points or 0.07 per cent to settle at 17,956. …
By Nayan Dave Though progressive cotton sowing in India has crossed last year’s 12-million-hectare mark till now this season, prices are still hovering around Rs 91,000 to Rs 96,000 per candy (356 kg per candy) and it is unlikely to subside till fresh cotton crop hits the market in October. Also Read| India needs robust …
Indian equities rose for the seventh straight session on Wednesday, with the BSE Sensex reclaiming the 60,000 level after more than four months amid positive global cues and sustained buying by overseas investors. The BSE Sensex ended the day at 60,260, with a gain of 417 points, while Nifty 50 rose 0.67% at 17,944. The …
GIFT Nifty traded down 34 points or 0.18% at 19,045.5, indicating a negative opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously on Wednesday, the NSE Nifty 50 tanked 159.60 points or 0.83% to settle at 19,122.15, while the BSE Sensex shed as much as 522.82 points or 0.81% to 64,049.06. …
By Ashley Coutinho The holding of domestic investors in companies listed on the NSE hit an all-time high for the quarter ended June, even as the share of foreign portfolio investors (FPIs) slumped to a 10-year low. Share of FPIs in NSE firms slumped 96 bps to 19.20% during the same period on the back …