Author: Stocks

Here’s what brokerages have to say about the stock and the company post Q4 results Cipla | Cipla (UK), wholly owned subsidiary of the company, has been voluntarily liquidated with effect from March 5, 2021. This liquidation was a part of internal reorganisation and it will not affect performance or revenue of the company. ‘); […]

Check out the companies making the biggest headlines before the bell. Results on May 17 | Bharti Airtel, Federal Bank, Colgate Palmolive, Gland Pharma, Sun Pharma Advanced Research Company, Orient Cement, 3i Infotech, Asit C Mehta Financial Services, ATV Projects India, Butterfly Gandhimathi Appliances, Gujarat Narmada Valley Fertilizers, Gokul Agro Resources, Garden Reach Shipbuilders & […]

E-commerce major Amazon is working with sellers on its marketplace in India to help them procure about 9,000 oxygen concentrators for customers in the country. The first batch of 1,000 oxygen concentrators have already landed in India, and are now available for purchase for consumers and business customers. The rest are expected to come through […]

Copper price took a breather after touching a fresh all-time high on MCX during the week and is on the way for first weekly loss in over five weeks, pressurised by a stronger dollar, weak loan data from top consumer China and worries that Beijing would cap commodity prices. The reddish-brown metal ended the week with a loss […]

Silver Silver prices marginally declined 0.59 percent this week to settle at Rs 71,080 per kg on firm rupee, ETF outflows amid volatile trade. The precious metal was pressured by weakness in gold and a stronger dollar. It ended the week with a loss of Rs 420 on the domestic bourse. Silver prices rose in […]

Lufthansa said it will operate its 10 weekly flights between India and Germany via Bahrain instead of Dubai from Sunday due to recent restrictions imposed by the UAE government to prevent the spread of the coronavirus. The German airline said in a statement, “This change was made due to new UAE regulations that restrict flights […]

Experts expect the stock-specific action to continue given the quarterly earnings season, and feel the market will closely watch COVID-19-related updates, progress of the vaccine drive, global cues and movement in commodities. The BSE Sensex corrected 473.92 points to close at 48,732.55, and the Nifty50 declined 145.35 points to 14,677.80 after rising around 3 percent […]

Maharashtra, Delhi, Karnataka, Kerala, Uttar Pradesh, Haryana, Tamil Nadu and Goa are some of the states that have announced full lockdowns As automotive showrooms remain shut across the country following lockdown calls made by a number of states, auto companies stare at a poor Q1FY22. It will however be better than last year’s Q1 when […]

The board also recommended the fund raising resolution to be approved by the shareholders in the next meeting, it said. PTI May 15, 2021 / 09:27 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 […]

Zinc prices tumbled 2.76 percent to settle at Rs 230.50 per kg this week as participants trimmed their long position as seen by the open interest. The base metal fell in three out of five sessions on the MCX after a gap down open to trade at day’s low. On the MCX, Zinc delivery for […]

The Board has announced a dividend of Rs 4 per share, subject to shareholders approval at the ensuing AGM. PTI May 15, 2021 / 10:29 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=”; […]

Natural Gas Natural gas prices weakened 0.41 percent this week to settle at Rs 216.40 per mmBtu on the MCX. The energy price fell in three out of five trading sessions on the domestic bourse. The weather is expected to be warmer than normal over the next two weeks but not warm enough that it […]

Crude palm oil futures edged higher to settle at a near-record high of Rs 1,249 per 10 kg after touching a fresh lifetime high of Rs 1,253.40 on Friday during intraday. There were no global cues as Bursa Malaysia Bhd (BMD) was closed for the long weekend. It ended the week with a gain of […]

Crude oil had a choppy trading week and ended with modest gains on weaker dollar, prospects of increasing demand from US, China and Europe, falling oil inventories and increase in refinery utilisation rate in the US, rise in China’s oil imports, vaccination drive across US and China are the current push factors at play for […]

Former CEO of Britannia Industries, Gunjan Shah will take over from Sandeep Kataria, who was elevated as the Global CEO of Bata Brands in November last year. Gunjan Shah will be at the helm of the brand’s operations in India, a statement from Bata India said. Bata India on May 14 announced that it has […]

The move ratchets up pressure on India’s government to pay the sum of $ 1.2 billion plus interest and costs that the British firm Cairn was awarded by an arbitration tribunal in December. The body ruled India breached an investment treaty with Britain and said New Delhi was liable to pay. Reuters May 15, 2021 […]

For students already enrolled in programmes in places like Australia, the struggles are far worse. Zinnia Siddique, a 20-year-old undergraduate student from New Zealand has been back in India since March 2020. She had come back during a semester break but had an extended stay after several members of her family tested positive. “All of […]