Author: Stocks

Apollo Hospitals has reported a consolidated profit after tax of Rs 489 crore for the June quarter of FY22. The healthcare major had reported a net loss of Rs 208 crore in the April-June quarter of 2020-21 ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); […]

The government has set an ambitious divestment target of Rs 1.75 lakh crore for fiscal year 2021-22. Moneycontrol has previously reported that privatisation of two state-owned banks and one general insurer is unlikely to be completed this fiscal year, and the process might be pushed to FY23. (Representative image: Shutterstock) The government might propose United […]

The share touched a 52-week high of Rs 107.95 and a 52-week low of Rs 45.60 on 14 December, 2020 and 25 September, 2020, respectively. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url […]

The eve of India’s 75th Independence Day saw home-grown automotive heavyweight Mahindra & Mahindra (M&M) launch its second sports-utility vehicle (SUV) of the year, the XUV700. Though accompanied by fanfare, glitz and glamour, this wasn’t a usual launch. It marked the beginning of the strategic shift in M&M’s ploy in the SUV segment, where it is […]

Total income zoomed to Rs 53,534.04 crore during the quarter under review from Rs 25,662.43 crore a year ago. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, function( […]

Stocks In the News: Check out the companies making the biggest headlines before the opening bell. Devyani International: The company will list its equity shares on the bourses on August 16. The final issue price has been fixed at Rs 90 per equity share. ONGC: The company’s profit fell to Rs 4,334.8 crore in Q1FY22 […]

Ola Electric’s splashy entrance is likely to push rivals to expand the size of their own bets on electric two-wheelers For some months, Ola Electric had been drumming up excitement about the imminent launch of its electric scooters. Appropriately, 15th August was chosen for the formal launch of the electric scooters – the S1 and […]

The last increase took the petrol price in Delhi near Rs 102 per litre-mark. (Representative image) Petrol and diesel prices remained unchanged across the country on August 15, according to a price notification by state-owned fuel retailers. The last increase took the petrol price in Delhi near Rs 102 per litre-mark. The petrol price in New Delhi […]

Finance Minister Nirmala Sitharaman is scheduled to meet heads of public sector banks (PSBs) on August 25 to review financial performance of the lenders and progress made by them to support the economy battered by COVID-19 pandemic. Given the importance of the banking sector in generating demand and boosting consumption, sources said the meeting with […]

It is highly unlikely that India will become a $ 5 trillion economy by 2024-25 due to the slowdown caused by the COVID-19 pandemic, University of Massachusetts professor Vamsi Vakulabharanam has said. Moreover, Indian economy will be smaller for a considerable period of next year compared to its size in 2019, Vakulabharanam told PTI in […]

Eight of the 10 most valued companies added a total Rs 1,60,408.24 crore to their market valuation last week, with heavyweights Tata Consultancy Services and Reliance Industries contributing the most amid a bullish trend in equities. During the last week, the 30-share BSE benchmark jumped 1,159.57 points or 2.13 per cent. On Friday, the benchmark […]

You have made the big decision to leave the company. Once you have put in your papers, there is the interview as part of the exit formalities. If you think you can just blabber away and leave, you’ll be mistaken. With the employment market in the country slowly opening up, job switches are becoming more […]

Vijay Mallya has been declared a wilful defaulter and is wanted by Indian authorities for default in payment of loans related to Kingfisher Airlines that was grounded in 2012. Vijay Mallya (File image) Lenders have finally sold the Kingfisher House, the erstwhile headquarters of Vijay Mallya-owned and now-defunct Kingfisher Airlines, to a Hyderabad-based private developer […]

The integrated logistics company had posted a net profit of Rs 30 crore in Q1FY21, according to a release. PTI August 14, 2021 / 12:23 PM IST ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; […]

Dear Reader, On the eve of our 75th Independence Day, the stock market seems to have declared its independence from the rest of the economy. It doesn’t matter that the Reserve Bank of India doesn’t believe the economy is strong enough to be able to cope with a withdrawal of liquidity. It doesn’t matter that […]

Petrol and diesel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges. (Representative image) The petrol price in Chennai was reduced to Rs 99.47 per litre on August 14, a day after the Tamil Nadu government announced a tax cut of Rs 3 on the […]

The initiative is part of the Rs 3,000 crore, multi-segment, electric vehicle push being made by the Mumbai-based utility vehicle specialist. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] = 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( […]

Source: AFP Germany’s bluechip stocks index on Friday breached 16,000 points for the first time following more record highs on Wall Street overnight as investors shrugged off data showing fresh US inflation pressures. A jump in wholesale prices added to expectations the Federal Reserve will shift course and pull back on its stimulus efforts, starting […]