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Overall monetary policy was in line expecting no change in repo rate which is at 4, and accommodative stance unchanged. RBI has reduced its inflation forecast to 5.3 for FY22 which was 5.7 earlier and expects it to be even lower for Q2 & Q3 of
Havells India Ltd, one of the largest electrical equipment and home appliance makers in the country, posted a decline in its earnings for the quarter ended September 30 even though its revenue shot up during the period. The company said on Wednesd
Rallis India, a subsidiary of Tata Chemicals, focuses on the Farm essentials vertical. Rallis is one of the top crop care companies in the country and covers more than 80 of India’s districts. According to the Q2 FY21 results, the company repo
Craftsman Automation, founded in 1986 in Coimbatore, has become one of the leading names in precision manufacturing in various fields and engineering organization. It is expected that the demand and sales of medium and heavy commercial vehicles a
In the last two days, Nifty Small-cap 100 has seen a sharp cut. It is down by almost 6 from its recent high. The small-cap stocks are one of the best performers in all the trailing periods in the last eighteen months. In March 2020, the market sl
The stocks rising with increasing volumes can be considered to reflect a continuation of the trend. The frontline indices tumbled on Wednesday with BSE Sensex losing 456 points and Nifty 50 slipping by 152.15 points. BSE 500 index slipped by mo
This capacity expansion takes the total precision strip production capacity to 48,000 TPA from the existing 22,000 TPA. Jindal Stainless (Hisar) has announced that it has commissioned 26,000 tons per annum (TPA) capacity Precision Strip Mill as pa
Dr. Reddy's Vascepa share gains resume Dr. Reddy's gVascepa Rx was up 34 monthly and the market share reached 5.5. Hikma's Rx was up by 2 and the market share touched 14, during the last 4 months. Vascepa's share came down to 80, the lowest til
Equity indices plunged into the red on October 21, 2021, in a highly volatile and profit-booking trading session. Domestic equity benchmarks Sensex and Nifty50 gave up the initial gains in a volatile trading session on Wednesday. Losses witnesse
Benchmark indices ended in red for the second consecutive session on October 20 amid selling witnessed across the sectors. At close, the Sensex was down 456.09 points or 0.74 at 61,259.96 level, and the Nifty lowered 152.20 points or 0.83 settli
Nifty Bank index ended the session on a flat note, marginally down by 0.06. Metal stocks witnessed selling pressure and lost shine. Frontline indices Nifty 50 and Sensex on Wednesday, ended in the red territory down by more than 0.70 each. Nifty
On average, daily wealth creation velocity since 2020 is Rs 163 crore which made him around Rs 60,000 crore in the last year, a rise of 9. Mukesh Ambani continues to be the richest man in India for the 10th consecutive year with a wealth of Rs 7,
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