Stock in News, Stock in Focus Today, 13-March

Mahindra CIE Automotive Limited: The Company has approved the acquisition of 100percent of the issued and outstanding share capital of Aurangabad Electricals and authorized the signing of a share purchase agreement. For this acquisition, the company would pay Rs830 crore in cash. The said acquisition is expected to be completed...

Markets end Lower, Realty Witness high Selling

Indian stock markets registered a sharp recovery on Tuesday after it deeply slipped in the morning trade on the back of IAF strike early morning in Pakistan occupied Kashmir (PoK). The Sensex was down 239.67-pts at 35973.71, while Nifty slipped 44.80-pts at 10835.30. The gainers at top Nifty include Zeel,...

Emami Shares rally On Stake Sale By Promoters

Shares of Emami Limited zoomed near 15-percent in intraday on the NSE after the Company’s promoters sold 10-percent stake in Emami to raise Rs1,600crore, aprox. On BSE, Emami share price jumped upto 15percent intraday high of Rs409.30, while on NSE, the scrip touched a peak level of Rs413.70 per share. The...

Yes Bank surges 30-pc as RBI clears divergence

The share price Yes Bank Limited advanced more or less 30 percent on Thursday morning after the private lender informed that no observation on diversion was found by the Reserve bank of India (RBI) in its asset classification and provisioning during 2017-18. Earlier, the RBI has rebuked Yes Bank as...

Sensex, Nifty Record Best Close, Stock Tips

Indian share benchmarks rose for a fifth consecutive session on Wednesday with leads across most verticals. The BSE barometer Sensex soared 358.42 points to 36,975.23, whereas the Nifty50 rose 128.10 points to 11,062.45 on closing. Tech Mahindra, Cipla, ZEEL and Tata Steel and Bajaj Finance were the top gainers on...

A Look at Some Major Stocks On Tuesday, February 5

Among many others, following are some of the major stocks to watch out for in view of their earnings announcement today, the 5th February-19: Aditya Birla Capital, Usha Martin, Tech Mahindra and Reliance Infrastructure. Aditya Birla Capital Limited’s stock closed at Rs. 82.50 per share, gaining 2.48 percent at the...