Uncategorized

The foreign brokerage believes the regulatory environment, which had previously been a key drag on the stock price in past, is incrementally getting better.

At the interbank foreign exchange market, the rupee opened at 89.41. It slipped further to trade at 89.43 against the greenback in initial deals, registering a loss of 7 paise from its previous closing level.

Kotak wrote in its note that even though the stock has corrected meaningfully, the drop is still not enough to offer an attractive entry point for a ‘Buy’.

Promoter entities were sellers in blocks of Whirlpool of India and MTAR Tech, while Goldman Sachs was a seller in CarTrade Technologies.

Aequs aims to raise ₹921.81 crore through the IPO, which includes a fresh issue of shares and an offer for sale component.

Ashoka Buildcon said the incident occurred because of the sudden failure of a hydraulic jack, which was caused by internal seal damage. It said the girder fell on a moving goods vehicle that had entered a prohibited construction zone.

While revenue growth is expected to slow down in the near term from a high base, the brokerage expects growth to accelerate on the back of steady demand in base products, new launches and capacity additions.

As of September-end, Bandhan Bank’s NPA portfolio carried an outstanding principal of ₹3,212 crore, while its written-off portfolio stood at ₹3,719 crore.

Sensex Today | Stock Market LIVE Updates: After pausing for a day, the market breadth turned adverse yet again, but only by a small fraction. Broader markets will remain the major focal point today as well. The Nifty needs a…

Meesho’s ₹5,421 crore IPO will comprise of a fresh issue of shares worth ₹4,250 crore, along with an Offer for Sale (OFS) component from existing investors worth ₹1,171.2 crore.