Granules India Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 8328.03 Crore) operating in Pharmaceuticals sector.
Gold prices were flat on Wednesday, as traders focused on U.S. inflation data for rate clues after less hawkish comments from the Federal Reserve chief fuelled a bullion rally last session. Spot gold was little changed at $1,819.51 per ounce by 0135 GMT. U.S. gold futures were up 0.1% at $1,819.80.
Tata Consultancy Services, Infosys, Wipro, Tinna Rubber and Indbank Merchant Banking are among the companies that will announce their December quarter results today.
The board of Fedfina, a non-deposit taking and systemically important non-banking finance company, has on Monday given its nod for the plans to float an initial public offering (IPO) by way of fresh issue of equity shares and offer for sale.
A sudden price shock in any item may result in it having a disproportionate influence on households’ inflation perception and future expectations.
“To give an alpha push to your portfolio you have to move on to the next set of stocks but wherein one the quality of the company, the credibility of business promoters is not under question.â€
"The market movement will be determined largely by earnings growth and not by multiples which have re-rated all through last year."
After falling just 1% earlier in the day, the interest rate sensitive technology sector bounced back and brought the broader indexes with it. Technology-laden Nasdaq closed up 1.4% marking its biggest daily gain so far this year.
The state-run insurer plans to file the draft IPO prospectus in the week starting Jan. 31, which will provide the embedded value of LIC as well as the number of shares on offer, the people said, asking not to be identified as the deliberations are private.
In another transaction, Way2Wealth Brokers sold 124,492 shares of Sungold Capital.
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