Adani Ports Approves Share Buyback, Stock Up

Adani Ports&Special Economic Zone Ltd (ADANIPORTS) today approved the proposal to buy-back shares worth Rs.1960-crore. The company, in its stock exchange filing, said it will repurchase 3.92-crore shares at Rs500/per share. The offer price is at a premium of 17.6pc Read more

Bank Nifty Top Gainers for the Week

On Friday, Nifty Bank index closed 2.64% at 31,212.55, led by major gains in Bank of Baroda and IDFC First bank, gaining upto 7.80%.  On weekly basis Bank Nifty gained 6%. For the week, the top gainers emerged on Bank Read more

Sensex, Nifty hit massive gains as trends hint at NDA succeed

Indian share markets opened on Thursday, on a strong note as the counting of votes in progress.  At 10.40am, the BSE benchmark Sensex zoomed 914 points at 40,024-level while the NSE benchmark Nifty rose 272 points to 12010-level. The leading sets of gainers Read more

L&T shares Falls After Merger Scheme With L&T Shipbuilding

Share price of the Engg &construction major Larsen & Toubro declined over 2pc on BSE and NSE, after company board approved a merger scheme arrangement its subsidiary, L&T Shipbuilding with itself. As per earning report posted on Friday, L&T’s March-quarter profit Read more

Sun Pharma Profit impressive, Stock Up

Sun Pharmaceutical Industries Limited reported an inspiring 286.1% surge in net profit to Rs 1,241.1 crore for the Q3FY 2018-19 The Company, in the same period last year, had posted a net profit of Rs 321.5 crore. Operational revenues rose Read more

Divis Laboratories soars after strong results

One of India’s leading multinational pharmaceutical companies, Divi’s Laboratories Limited has reported financial reports for Q3FY2019.  The company’s third quarter revenue grew 29.4% year on year to Rs 1,343 cr, while EBITDA grew 60.5% to Rs 523.3 crore  year on year. Read more