Explained – How the Jaiprakash assets acquisition benefits Dalmia Bharat
Dalmia Bharat has a plan to achieve capacity of 66.7 MTPA by the second or third quarter of financial year 2028, and end that financial year with a capacity of 75 MT.
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Government to offload stake in Central Bank of India through an Offer For Sale; Details Here
At the end of the March quarter, the Centre held 89.27% stake in the bank, as per data available on the stock exchanges. Public shareholders held 10.73% stake in the lender. Of these, retail investors or those with authorised share…
GAIL shares react to Q4 results miss but CLSA retains optimism for 18% upside
CLSA has maintained its “outperform” rating on GAIL with a price target of ₹184 apiece, implying an upside of 18.1% from its previous closing price.
Sensex Today | Stock Market Live Updates: GIFT Nifty slips, now hints at a muted start for index
Stock Market Live Updates: The last five days have seen the Nifty gain 11 points, having tested both the lower end and the upper end of the 23,300 – 23,800 range it finds itself locked in. Neither are the gap…
Dalmia Bharat to acquire JAL cement capacity in central India from Adani Group for ₹2,850 crore
According to Puneet Dalmia, Managing Director & CEO of Dalmia Bharat Limited, the move serves as a “great strategic fit,” providing a faster head start into the high-potential Central Indian markets compared to a greenfield project.
Asian markets rise further on optimism over Iran-US talks
Asian stocks rise on US Iran talks optimism: MSCI Asia Pacific up 0.2%, Nikkei 225 nearly 1%, Nasdaq 100 futures gain, Brent rebounds near $104, bond yields climb on inflation fears
Dow Jones ends at record closing high, oil falls amidst contradictory reports on Iran deal
Walmart, the world’s largest retailer, announced its first quarter results that were a beat on street expectations, but the guidance it issued for the full year, disappointed the street. The stock fell 8%, keeping gains on the Dow Jones in…
SEBI proposes new rules for setting opening prices of re-listed stocks to make price discovery more fair
Though the proposal covers the IPO stocks also but mainly focuses on re-listed companies whose trading resumes after a long suspension. SEBI has proposed a new system for deciding the base price of re-listed stocks.
Juniper Hotels Q4 revenue rises 8%; profit dips on exceptional items
Juniper Hotels reported a marginal decline in fourth-quarter profit due to exceptional charges, even as revenue and EBITDA grew steadily, supported by strong demand across flagship luxury properties and improving operating margins.
Trade Setup for May 22: Nifty breaks the lower-high streak but 23,800 remains a roadblock
Sustaining above the 50-DMA is key for the Nifty so that it can prepare itself for a move back towards the 20-DMA mark, which is above levels of 24,000. To end the week with gains, the Nifty needs a close…