πŸ“° Latest Economy & Stock Market News
Buy V Mart Retail, target price Rs 4750: Axis Securities
Updated at : 2021-11-12 10:20:01

V Mart Retail Ltd., incorporated in the year 2002, is a Mid Cap company (having a market cap of Rs 8347.76 Crore) operating in Retail sector.

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CESC Q2 results: Net profit down 12% to Rs 340 cr
Updated at : 2021-11-12 09:20:01

Revenue from operations rose 4.27 per cent to Rs 3494 crore in the quarter ended September 2021 as compared to Rs 3351 crore in the corresponding quarter of FY21.

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Buy JK Lakshmi Cement, target price Rs 690: Yes Securities
Updated at : 2021-11-12 09:20:01

JK Lakshmi Cement Ltd., incorporated in the year 1938, is a Mid Cap company (having a market cap of Rs 7885.66 Crore) operating in Cement sector.

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Sun Pharma says gearing up to launch COVID drug molnupiravir
Updated at : 2021-11-12 08:20:01

The company said the Drugs Controller General of India (DCGI) is currently reviewing clinical data of molnupiravir for the treatment of COVID-19 in adults. Earlier this year, Sun Pharma had signed a non-exclusive voluntary licensing agreement with MSD to manufacture and supply molnupiravir in India and to over 100 low and middle-income countries (LMICs).

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Optimising costs to beat price erosion in US market: Alembic Pharmaceuticals
Updated at : 2021-11-12 08:20:01

In an interview to ET, Pranav Amin, Managing Director of Alembic Pharmaceuticals said the management still remains bullish on the US market, to beat pricing erosion - the company is planning to launch at least 15 products and also working on cost optimisation.

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Clix Cos sell Rs 107 cr principal dues of Coffee Day Enterprises unit to Phoenix ARC
Updated at : 2021-11-12 08:20:01

Coffee Day Hotels and Resorts is a 100% subsidiary of listed Coffee Day Enterprises, with liabilities of Rs 330 crore, according to the annual report of Coffee Day Enterprises for the financial year ended March 31, 2021. The liabilities include bank creditors and trade creditors dues.

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Vi wants to defer payment of Q2-Q4 dues
Updated at : 2021-11-12 08:20:01

Typically, Vodafone Idea pays about Γ’β€šΒΉ2,000 crore in a quarter cumulatively toward the two charges, though the amount fluctuates depending on the AGR for that quarter.

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How the equity rally in India is luring investors at home and abroad
Updated at : 2021-11-12 08:20:01

IndiaÒ€ℒs booming stock market is drawing both local novices and global investors to shares of the financial, industrial and technology companies that dominate its listings.

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Pension funds holding distressed Srei's bonds in a spot
Updated at : 2021-11-12 08:20:01

Pension funds at several entities, including Punjab National Bank (PNB) and Food Corporation of India, face the risk of losses on their respective exposures to about Γ’β€šΒΉ4,800 crore of bonds issued by two companies of the Kolkata-based distressed financier Srei Group, which are now undergoing a central bank-monitored insolvency process.

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Stocks in the news: Tata Steel, ONGC, IB Housing, Fino Bank, NHPC and Hudco
Updated at : 2021-11-12 08:20:01

ONGC, Grasim, Coal India, Hindalco, Motherson Sumi, Apollo Hospitals , Hero MotoCorp, Ashok Leyland, Abott, Alkem Labs and Voldafone Idea are among the companies that will announce their September quarter results today.

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