stock market

2023-01-06 06:28:22 Open / Comment

2023-01-06 06:28:12 Open / Comment

2023-01-06 06:27:28 STOCKS IN ACTION 6 January

RVNL gets order worth Rs 166 cr from Gujarat Metro

RHI Magnesita: The board approved acquiring Dalmia OCL from Dalmia Bharat Refractories in a share swap, where the company will allot 2.7 crore shares at issue price of Rs 632.50 apiece to DBRL in exchange for its 8.25 crore shares.

Kewal Kiran Clothing: The company, which runs the fashion brand Killer, has entered a strategic partnership Board of Control for Cricket in India to become an official partner of the Indian cricket team.

Tata Motors: The board of the company will convene on Jan. 25 to consider and approve the financial results for quarter ended December 2022.

IDBI Bank: SEBI allowed classification of government stake as public shareholding after divestment of the bank.

Reliance Industries: English football club Manchester City has partnered with Jio Platforms, a subsidiary of the company, where the latter will be the club’s official mobile communications network partner in India.

Aster DM Healthcare: The company’s chief financial officer Sreenath Pocha Reddy resigned from the post, effective Jan. 5, 2023.

Coal India: The company’s registered a growth of 10.3% in production on-year, while India’s total coal production increased by 10.81% to 82.87 million tonnes.

Ambuja Cement: The company incorporated Ambuja Resources for manufacturing cement and allied products, alternate fuel and power generation.

Bajaj Finserv: Bajaj Allianz General Insurance December Business Update - The gross direct premium underwritten for the month stood at Rs 1,209.25 crore. - The same for the period up to December 2022 was Rs 11,608.60 crore.

Larsen & Toubro: The company’s subsidiary L&T Realty Developers entered into an Agreement to sell its entire stake of 99% in Think Tower Developers for Rs 1 lakh.

Mahindra & Mahindra: The company’s subsidiary Mahindra and Mahindra South Africa (Proprietary) informed that step-down subsidiary Mahindra West Africa was dissolved as on Jan. 4, 2023 by the Corporate Affairs Commission, Nigeria.

Mukand: The company completed the sale of 45.94 acres of the land in Thane, Maharashtra to AGP DC Infra Two for Rs 796.46 crore. Open / Comment

2023-01-05 09:01:52 Amazon to lay off more than 18,000 workers, CEO Andy Jassy says, amid drive to cut costs. Open / Comment

2023-01-05 07:29:00 Open / Comment

2023-01-05 07:28:44 Open / Comment

2023-01-05 06:03:01 Open / Comment

2023-01-05 06:02:45 Mamaearth cofounder Ghazal Alagh denies IPO valuation rumours.

Responding to social media rumours and news reports on the company's valuation for its initial public offering (IPO), Mamaearth cofounder Ghazal Alagh said the firm has neither quoted nor subscribes to the valuation numbers doing the rounds. Open / Comment

2023-01-05 04:42:41 STOCKS IN ACTION 5 January

IRB Infra Stock-split: Co approves subdivision of 1 share into 10

KRISHNA INSTITUTE OF MEDICAL SCIENCES: Board Approves Fund Raising Up To Rs 300 Crores Via NCDs In One/More Tranches

Bharti Airtel: The special committee of directors approved allotment of 83.5 lakh shares at a conversion price of Rs 521 apiece after certain holders converted FCCBs worth $60.4 million.

GR Infraprojects: Subsidiary GR Bhimasar Bhuj Highway received a letter from the NHAI declaring the appointed date of Jan. 2, 2023, for upgrading a section of NH341 from Bhimasar to Anjar–Bhuj in Gujarat to four-lanes. The bid project cost is Rs 1,085 crore.

Tata Power: The company will compute and claim tariff from the beneficiaries based on the Central Electricity Regulatory Commission order that grants compensation for emergnecy supply from its Mundra plant.

HUL completes purchase of 19.8% in Nutritionalab

SJVN: Cabinet Committee on Economic Affairs (CCEA), chaired by Hon’ble Prime Minister Shri Narendra
Modi, has approved investment of Rs 2614 Crore for 382 MW Sunni Dam Hydro Electric Project in Himachal Pradesh

HPCL: Forays into Petrochemical Business with pre-marketing of "HP DURAPOL" Brand Polymers
HPCL/NTPC: Signs MoU with NTPC Green Energy
To Expand Into Renewable Energy Domain and take up business opportunities in the sector and meet internal requirements of Green Power

MAHINDRA FINANCE: RBI lifts restrictions imposed on the Company with immediate effect
Alert On 22-Sep RBI had directed Company to cease carrying out any recovery or repossession activity through outsourcing arrangements, till further orders

SREI INFRASTRUCTURE FINANCE: RBI Appoints Administrator For SREI Infra Fin & SREI Equipment Fin; Supersedes Board

ARIES AGRO: Company’s Flagship Product-CHELAMIN granted All India First ISI Mark for Chelated Zinc by the
Bureau of Indian Standards

National Aluminium Co.: The company's board will meet on Jan. 17 to consider interim dividend for the current fiscal.

ADANI PORTS: December Month Operational Update
Handled ~25.1 MMT of Total Cargo
This factors YoY Growth of 8% in Container Volumes

MARICO: Q3Update
Sector Witnessed Demand Improvement
Urban, Premium Maintained Steady Growth
Rural Demand Recovery not as visible
India Biz posts mid-single-digit volume growth
International Biz high single-digit CC Growth
YoY Conso Revenue in low single digit Open / Comment

2023-01-04 06:44:35 #GST Collection Trend (In Cr)

2021-22 2022-23

Apr ₹139,708 ₹167,540
May ₹97,821 ₹140,885
Jun ₹92,800 ₹144,614
July ₹116,393 ₹148,995
Aug ₹112,020 ₹143,612
Sep ₹117,010 ₹147,686
Oct ₹130,127 ₹151,718
Nov ₹131,526 ₹145,867
Dec ₹129,780 ₹149,507 Open / Comment