Shares Fall on ICRA Downgrade

Shares of Reliance Home Finance and Reliance Capital significantly were falling on Tuesday after the rating agency ICRA revised the ratings on these stocks from A2 to A4 with negative implications. According to media reports, the company is also looking to Read more

Maruti Suzuki Reports Q4 Profits of Rs1,796 Cr, Stock Volatile

The top Auto maker, Maruti Suzuki India Ltd, on Thursday reported its financial results for the period (Q4FY19) ended March 31.  The Company reported a net profit of Rs.1795.6-cr for the quarter ended March 31, as against Rs.1882.1-Cr for the period Read more

PNB Housing Finance Shares Up On Buying Stakes In PNB

Punjab National Bank (PNB) on Friday said in a regulatory filing that it will be selling a part of its stakes in PNB Housing Finance Limited to General Atlantic & Varde Partners for Rs1,851.60-crore. General Atlantic Group, which holds 9.91% Read more

Sugar Stocks Advance On Hopes Of Interest Subsidy

Sugar stocks rose on Wednesday after a CNBC media report indicated that cabinet may consider new ethanol blending proposal on Thursday, and may talk about soft loans upto an extent of Rs15,000 crore to sugar mills together with a subsidy Read more

Maruti Suzuki’s reports rise in sales 1.8-pc, Stock down

Maruti Suzuki India Limited, one of Country‚Äôs top automobile makers, reported 1.3 percent fall in sales at 128,338 units in Dec-2018.  The company reported domestic sale of 121,479 units in December 2018, increasing 1.8% as against 119,286 units in the Read more