The consortia of Reliance, BP and ONGC won the GS-OSHP-2022/2 block that was offered under the ninth bid round of the Open Acreage Licensing Policy (OALP-IX).
Of the 28 analysts that have coverage on shares of ICICI Lombard, 19 have a “buy” rating, seven have a “hold” rating and two have a “sell” rating.
If Infosys decides to suspend its guidance citing uncertainty, it would be viewed as a negative catalyst.
The Administered Price Mechanism (APM) gas allocation to these companies was cut yet again on Tuesday between 18% and 20%, reducing the total allocation to 40% from the current 51%.
The March quarter earnings season is underway and as many as four important names will announce their results on Wednesday, April 16. Key results to watch out include Wipro Ltd, Angel One Ltd, Swaraj Engines Ltd, and Waaree Renewable Technologies.…
On Wednesday, market tech analyst Mitessh Thakkar recommended these stocks for the short term.
IREDA posted a net profit of ₹501.55 crore for the fourth quarter of FY25, a growth of nearly 49% as against ₹337 crore reported in the Q4 of FY24. The PSU company’s revenue jumped nearly 37% to ₹1,905.06 crore.
Sources tell CNBC-TV18 that the figure is broadly in line with the Reserve Bank of India’s own assessment of a ₹2,000 crore hit. However, the timeline and manner of disclosure have reportedly raised concerns with the regulator — and could…
In its latest filing on Tuesday, April 15, IndusInd Bank found a ₹1,979 crore hit to its net worth due to these discrepancies, equalling to 2.27% of its total net worth.
From its record high of ₹1,147, shares of Gensol Engineering have already crashed to levels of ₹129, a price erosion of nearly 90% from the top. Such has been the damage that the stock is now under the ‘T’ group…