BUSINESS

JMC Projects inches up on raising Rs 75 crore through NCDs

JMC Projects (India) is currently trading at Rs. 106.15, up by 0.15 points or 0.14% from its previous closing of Rs. 106.00 on the BSE. JMC Projects The scrip opened at Rs. 107.50 and has touched a high and low of Rs. 108.25 and Rs. 105.65 respectively. So far 7785 shares were traded on the counter. The BSE group ‘B’ …

Read More »

Karnataka Bank launches term deposit scheme ‘KBL Centenary Deposit Scheme’

Karnataka Bank Karnataka Bank has launched a term deposit scheme ‘KBL Centenary Deposit Scheme’ with effect from October 17, 2022. In order to mark the glorious journey towards Centenary and to reward its patrons, Bank has launched a unique term deposit scheme ‘KBL Centenary Deposit Scheme’ with higher rate of interest. This deposit will be for a period of 555 …

Read More »

Wipro shines on entering into strategic partnership with Outokumpu

Wipro is currently trading at Rs. 381.00, up by 5.95 points or 1.59% from its previous closing of Rs. 375.05 on the BSE. The scrip opened at Rs. 381.45 and has touched a high and low of Rs. 384.40 and Rs. 380.50 respectively. So far 104898 shares were traded on the counter. Wipro The BSE group ‘A’ stock of face …

Read More »

Suzlon Group secures order of 48.3 MW from Adani Green Energy

Suzlon Group has won new order for the development of a 48.3 MW wind power project for Adani Green Energy, India’s leading IPP. Suzlon will install 23 units of their wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 2.1 MW each. The project is located in Mandvi, Kutch Gujarat and is expected …

Read More »

Nexus Malls ties up with Cred to kick off the festive season

Udaipur : Festivals for most of us mean joy, excitement, meeting up with friends and family and ofcourse shopping. For CRED members though festive shopping comes with extra perks when they shop at Nexus Celebration near them. Nexus Malls Starting October 12, when CRED members shop using CRED Pay atNexus Celebration they will get additional rewards. And that’s not all, …

Read More »

Indian Bank zooms on signing MoU with Ashok Leyland

Indian Bank is currently trading at Rs. 202.30, up by 10.05 points or 5.23% from its previous closing of Rs. 192.25 on the BSE. Indian Bank The scrip opened at Rs. 191.60 and has touched a high and low of Rs. 204.10 and Rs. 191.60 respectively. So far 67304 shares were traded on the counter. The BSE group ‘A’ stock …

Read More »

HDFC Life Insurance Company gains on completing Exide Life merger

HDFC Life Insurance Co is currently trading at Rs. 523.85, up by 0.95 points or 0.18% from its previous closing of Rs. 522.90 on the BSE. HDFC Life Insurance The scrip opened at Rs. 523.00 and has touched a high and low of Rs. 526.00 and Rs. 518.90 respectively. So far 1132058 shares were traded on the counter. The BSE …

Read More »

HDFC Bank Limited FINANCIAL RESULTS (INDIAN GAAP) FOR THE QUARTERAND HALF YEAR ENDED SEPTEMBER 30, 2022

HDFC Bank Udaipur : The Board of Directors of HDFC Bank Limited approved the Bank’s (Indian GAAP) results for the quarterand half year endedSeptember 30, 2022, at its meeting held in Mumbai on Saturday, October 15, 2022. The accounts have been subjected toan audit by the statutory auditors of the Bank. STANDALONE FINANCIAL RESULTS: Profit & Loss Account: Quarter ended September 30, 2022 The Bank’s …

Read More »

Flomic plans to touch Rs 500 crore in revenue by FY23-24

Flomic MUMBAI : Flomic is on an expansion spree and expects its revenue to increase by 33% touching INR 500 CR by FY23-24. The firm has implemented a multi-pronged strategy to drive growth. The 33-year-old BSE Listed company after establishing a network of offices offering Freight forwarding and Custom clearance services all over India, has now established a strong network of …

Read More »

Federal Bank hits 52-week high on the BSE

The Federal Bank is currently trading at Rs. 131.55, up by 1.30 points or 1.00 % from its previous closing of Rs. 130.25 on the BSE. Federal Bank The scrip opened at Rs. 131.75 and has touched a high and low of Rs. 132.65 and Rs. 129.20 respectively. So far 719064 shares were traded on the counter. The BSE group …

Read More »

Maruti Suzuki trades higher on BSE

Maruti Suzuki India scrip is currently trading at Rs. 8653.95, up by 36.65 points or 0.43% from its previous closing of Rs. 8617.30 on the BSE. Maruti Suzuki The scrip opened at Rs. 8605.00 and has touched a high and low of Rs. 8675.00 and Rs. 8568.25 respectively. So far 163243 shares were traded on the counter. The BSE group …

Read More »

INOX Leisure trades marginally higher on the BSE

Inox Leisure is currently trading at Rs. 500.20, up by 1.80 points or 0.36% from its previous closing of Rs. 499.45 on the BSE. Inox Leisure The scrip opened at Rs. 489.90 and has touched a high and low of Rs. 502.45 and Rs. 489.90 respectively. So far 18237 shares were traded on the counter. The BSE group ‘A’ stock …

Read More »

Electronics Mart India lists with 51.53% premium on the BSE

Electronics Mart India Electronics Mart India has debuted at Rs 89.40 on the BSE, up by 30.4 points or 51.53% from its issue price of Rs 59. The scrip is currently trading at Rs 86.75, up by 27.75 points or 47.03% from its issue price. It has touched a high and low of Rs 91.00 and Rs 83.25 respectively. So …

Read More »

HDFC Bank gains on reporting 22% rise in Q2 consolidated net profit

HDFC Bank is currently trading at Rs. 1448.95, up by 7.85 points or 0.54% from its previous closing of Rs. 1441.10 on the BSE. HDFC Bank The scrip opened at Rs. 1434.65 and has touched a high and low of Rs. 1451.65 and Rs. 1427.05 respectively. So far 99012 shares were traded on the counter. The BSE group ‘A’ stock …

Read More »

Ahluwalia Contracts inches up on bagging order worth Rs 110.67 crore

Ahluwalia Contracts (India) is currently trading at Rs. 433.70, up by 1.15 points or 0.27% from its previous closing of Rs. 432.55 on the BSE. Ahluwalia Contracts The scrip opened at Rs. 425.00 and has touched a high and low of Rs. 437.00 and Rs. 425.00 respectively. So far 1243 shares were traded on the counter. The BSE group ‘A’ …

Read More »

Indian Hotels Company debuts in Meghalaya with launch of Vivanta Meghalaya

Indian Hotels Company (IHCL) has debuted in the North Eastern state of Meghalaya, with the opening of Vivanta Meghalaya, Shillong. Located in the heart of the state’s capital, the stylishly designed hotel, brings alive the breath-taking beauty of the hills of Shillong. Featuring a combination of 101 rooms and suites, Vivanta Meghalaya is located in the midst of the city’s …

Read More »

ICICI Bank launches four Digital Banking Units

ICICI Bank DBU 3 Mumbai : ICICI Bank today announced the launch of four Digital Banking Units (DBUs) to offer banking services to its customers digitally. The launch is part of the government’s plan to set up 75 DBUs in as many districts to commemorate 75 years of India’s independence. Narendra Modi, Honourable Prime Minister of India inaugurated the 75 …

Read More »

Union Finance Minister attends the International Monetary and Financial Committee in Washington DC

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman attended the Plenary Meeting of the International Monetary and Financial Committee (IMFC) at the International Monetary Fund Headquarters during the Annual Meetings 2022 in Washington DC, today. The Finance Minister said that the IMFC Meeting is being held at a juncture when the global economic outlook is clouded by key …

Read More »

Reliance Retail’s JioMart and SMART Stores rolls-out ‘Bestival Sale’, one of India’s largest omnichannel Diwali fiestas

Bestival Sale Udaipur : Reliance Retail’s JioMart and SMART Stores today announced the roll-out of the ‘Bestival Sale’, one of India’s largest omnichannel Diwali fiestas from the 14th to 24th of October, marking the e-marketplace’s rapid expansion into several new categories including fashion & lifestyle, consumer electronics, home & kitchen. The sale will be live on the JioMart, e-marketplace platform as …

Read More »

JCB India inaugurates a new dealership facility for Rajesh Motors in Udaipur, Rajasthan

JCB India Udaipur : JCB India Limited, India’s leading manufacturer of Earthmoving and Construction Equipment, inaugurated a new dealership facility in Udaipur for Rajesh Motors. Offering JCB India’s innovative Product Portfolio, the newly inaugurated state-of-the-art facility is set to provide unmatched Product Support and Ownership experience to customers in Udaipur and surrounding areas. The facility was inaugurated in the presence of …

Read More »

Bajaj Auto reports 16% fall in Q2 consolidated net profit

Bajaj Auto has reported results for second quarter ended September 30, 2022. Bajaj Auto The company has reported rise of 20.04% in its net profit at Rs 1,530.00 crore for Q2FY23 as compared to Rs 1,274.55 crore for the corresponding quarter previous year. Total income of the company increased 16.03% to Rs 10,535.92 crore for the quarter under review as …

Read More »

Reliance Capital sells RCFL to Authum Investment and Infrastructure

Reliance Capital Reliance Capital has sold its entire holding in wholly owned subsidiary viz. Reliance Commercial Finance (RCFL) to Authum Investment and Infrastructure in pursuance of the implementation of the resolution plan of RCFL in terms of the Reserve Bank of India (Prudential Framework for Resolution of Stressed Assets) Directions, 2019. The company has received consideration of Rs 1 crore …

Read More »

Adani Ports step down subsidiary gets LoA to build silo complexes at various locations

Adani Ports and Special Economic Zone’s step down subsidiary — Adani Agri Logistics (AALL) has received a Letter of Award (LoA) from the Food Corporation of India (FCI), following competitive bidding, to build silo complexes at various locations across the country. Adani Ports Adani Agri Logistics is wholly-owned subsidiary of Adani Logistics which is wholly-owned subsidiary of Adani Ports and …

Read More »

Shree Cement reports 68% fall in Q2 consolidated net profit

Shree Cement has reported results for second quarter ended September 30, 2022. Shree Cement The company has reported a fall of 67.18% in its net profit at Rs 189.60 crore for the quarter under review as compared to Rs 577.70 crore for the same quarter in the previous year. However, total income of the company increased by 17.33% at Rs …

Read More »

Wholesale inflation came down to 10.7 per cent in September

New Delhi : There has been some relief on the inflation front. Inflation based on the Wholesale Price Index (WPI) has come down to 10.7 per cent in September from 11.80 per cent in September last year. Wholesale inflation has declined for the fourth consecutive month. inflation According to the data released by the Ministry of Commerce and Industry on …

Read More »

Coal India surges on signing MoU with Rajasthan Vidyut Utpadan Nigam

Coal India is currently trading at Rs. 237.25, up by 2.60 points or 1.11% from its previous closing of Rs. 234.65 on the BSE. The scrip opened at Rs. 237.65 and has touched a high and low of Rs. 238.40 and Rs. 235.40 respectively. So far 228794 shares were traded on the counter. Coal India The BSE group ‘A’ stock …

Read More »

Federal Bank zooms on reporting 52% rise in Q2 consolidated net profit

Federal Bank is currently trading at Rs. 129.65, up by 4.85 points or 3.89% from its previous closing of Rs. 124.80 on the BSE. Federal Bank The scrip opened at Rs. 127.30 and has touched a high and low of Rs. 132.10 and Rs. 125.10 respectively. So far 2096236 shares were traded on the counter. The BSE group ‘A’ stock …

Read More »

HCL Technologies shines on partnering with Purdue Global

HCL Technologies is currently trading at Rs. 1018.20, up by 36.15 points or 3.68% from its previous closing of Rs. 982.05 on the BSE. The scrip opened at Rs. 1001.00 and has touched a high and low of Rs. 1018.90 and Rs. 1000.80 respectively. So far 17490 shares were traded on the counter. HCL Technologies The BSE group ‘A’ stock …

Read More »

RITES jumps after its consortium secures order worth Rs 499.41 crore

Rites is currently trading at Rs. 372.00, up by 27.55 points or 8.00% from its previous closing of Rs. 344.45 on the BSE. The scrip opened at Rs. 345.00 and has touched a high and low of Rs. 387.00 and Rs. 345.00 respectively. So far 222784 shares were traded on the counter. Rites The BSE group ‘A’ stock of face …

Read More »