The broadening of the market rally sends the signal that growth will be broad-based, observes Akash Prakash.
Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago period and Rs 39,600 crore during the December quarter. While Vedanta was the worst hit. others included Aditya Birla, Bharti, Adani, Mahindra, and Tata.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
27 large listed firms give double-digit hikes to top executives despite a decline in net profit.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
With average capacity utilisation now touching 76 per cent, Indian companies are going back to the drawing board to add capacity but the plans to build new factories and plants are still some months away.
The decision was taken by the ministry this week, a top Coal Ministry official said, while refusing to reveal the names of the companies.
Deccan Chargers Hyderabad team is keen on winning more matches in the upcoming fourth edition of the Indian Premier League (IPL) before the home crowd here, its coach Darren Lehmann said in Hyderabad on Tuesday.
Factories are shutting down owing to a shortage of labour and raw materials, and a lack of logistical support amid the ongoing nationwide lockdown against the coronavirus pandemic.
These are companies with a strong track record and good prospects on earnings.
Collapse of the mobile operator could translate into total loss of nearly Rs 44,000 crore for the AV Birla group.
Its rich valuation with a PE of 62 times raises downside risk for investors
Players like UltraTech Cement more expensive than ITC and HUL; others catching up fast.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Among Sensex components, shares of Reliance Industries, India's largest company by market value, stole the show by surging 1.61 per cent to their highest in over three months.
Chinese equipment is comparatively cheaper than those from Europe. Puneet Dalmia, managing director, Dalmia Cement, said, "At present, we have no plans to bring machinery from China as there are unclear evidences regarding how long the plant would last." Cement majors such as ACC and Shree Cement has imported a small part of their equipment need from China, but these do not make part of the main cement plant.
The director general of investigations and registration, in its 30-page report submitted to MRTPC, said that industry body CMA was instrumental in fixing prices in the sector.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The 189-million tonne domestic cement industry is gearing up to tackle attrition in the industry.
Engineering giant Larsen and Toubro and Aditya Birla group firm Grasim Industries are set to settle their long-standing dispute over the sale of cross-holdings out of court. Both the companies are believed to be in consultation with Chennai-based chartered accountant S Gurumurthy to act as arbitrator.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The cumulative m-cap of the companies listed on the BSE soared to a new peak of Rs 82,02,907 crore at 1200 hours.
Consumer goods, durables, automobiles worst hit.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
The total value of M&As involving Indian companies surged nearly 63 per cent to $7.8 billion in the first three months of 2016, primarily spurred by big-ticket divestment transactions.
Pfizer had approached the court accusing Mumbai-based Ultratech India Ltd of adopting the name 'Fiagra', which was deceptively similar to its drug 'Vigara', to pass of its drug as that of the American company.\n\n\n\n
Vrde currently manages about $14 billion globally, and has invested nearly $500 million in India in the past five years
HUL, UltraTech, Asian Paints, L&T, HDFC Bank top global valuation charts
Larsen & Toubro Ltd on Monday posted a massive jump in its second quarter net profit at Rs 371.98 crore (Rs 3.71 billion) as against Rs 81.26 crore (Rs 810 million) in July-September 2003.
While it is difficult to put a number on how much the impact on the ad sales tally could be, it is quite possible the broadcaster will not be able to make its Rs 2-billion target, says Urvi Malvania.
Major cement companies have hiked the cement prices in South India by Rs 8-10 for 50 kg bags.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Uttam Galva Steels is a part of the Reserve Bank of India's second list of cases, which will be referred to the bankruptcy tribunal for insolvency proceedings after lenders failed to resolve the account by December 2017.
Top corporates have paid more advance tax in second quarter this year.
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