Skip to main content

Stock Market News - Yes, Bank top gainer, Ratnamani Metals Gains

Titan Company shares climb 2%: Shares of Titan Company climbed over 2 percent on BSE ahead of analyst and institutional investor meeting on December 20.


Rupee Update: The Indian rupee recovered from the lows but trading marginally lower at 71.06 per dollar.

NEWS ALERT | 

1. Hold it against PSBs that they haven't passed the benefits of rate cuts to customers: FM
-- Made sure stressed MSMEs are not declared NPAs: FM

2.  PSBs must move more liquidity out in the system: FM
-- Together with banks and RBI, we looked at where liquidity was stuck: FM

3. Anish Shah appointed CFO of Mahindra & Mahindra till April 2021: BSE Filing
-- Shah will become MD & CEO of co for 3 years w.e.f April 2, 2021.

-- VS Parthasarathy will step down as CFO on April 1, 2020

-- Board approves transition of Anand Mahindra's role to Non-executive Chairman. 

-- Pawan Goenka re-designated MD & CEO up to November 11, 2020

TOP GAINERS & LOSERS - 

Yes, Bank was the top gainer in the Sensex pack rising up to 2.91 percent, followed by SBI, ICICI Bank, Hero MotoCorp, Tata Motors, TCS, L&T, and Bajaj Finance. On the other hand, Vedanta was the top loser, shedding up to 0.97 percent. Kotak Bank, Tata Steel, HDFC Bank, and HUL were also trading in the red.

Prince Pipes IPO Fully Subscribed The initial public offer of polymer pipes and fittings was fully subscribed on the final day of sale on Friday. The maker of polymer pipes and fitting plans to raise Rs 500 crore by selling 2.81 crore equity shares at Rs 177-178 apiece, according to its red herring prospectus. The maiden offer consists of a fresh issue and an offer-for-sale by four promoters.

Ratnamani Metals Gains After Winning Orders Shares of Ratnamani Metals & Tubes rose as much as 0.5 percent to Rs 1,010. The company bagged an order of Rs 1.43 crore for CS pipes supply. It also won an export order worth $1.24 billion, according to its stock exchange filings.


Sensex | Market News | Gold | Bank Nifty | Rupee Updated | Top Gainers | Titan Company


Labels:

Comments

  1. Dariya14 March 2020 at 18:38

    nice information thanks for sharing valuable content with us we also provide great information related to your blog feel free to visit our Forex market

    ReplyDelete
  2. Maya Aaliyah12 May 2020 at 18:43

    Nice informatiom. Thanks for sharing. You may also check latest updates on Stocks like
    SBI MF IPO
    Mazagon Dock
    Tencent Holdings Ltd
    Brookfield IPO

    ReplyDelete
  3. abhishek26 May 2020 at 17:36

    i will be always checking your blog thanks.

    Intraday future tips

    ReplyDelete
  4. Ady9 August 2020 at 16:09

    Thanks for sharing valuable information.
    TCOM
    debt
    EBITDA
    Share Market

    ReplyDelete

Post a Comment

Popular posts from this blog

Stock Market News - Budget 2020 | Removal of exemptions in new tex regime to impact life insurers, MFs

A salaried professional opting for a lower rate of tax under the new regime will not be eligible for deductions, including insurance premium paid and ELSS investments. Removal of tax exemptions under Section 80C in the new tax regime could be a dampener for life insurance products as well as equity-linked savings schemes (ELSS) of mutual funds. In her Budget speech on February 1, Finance Minister Nirmala Sitharaman said a salaried professional opting for a lower tax rate under the new regime will not be eligible for deductions, including insurance premium paid and ELSS investments. “The removal of 80C benefit may pose a risk to new business volumes of life insurance companies,” said Kotak Institutional Equities in a report. Life insurance Tax exemptions are an important incentive for purchase of life insurance. To be eligible for exemption under Section 80C, the sum assured has to be 10 times the annual premium. This is part of the Rs 1.5 lakh limit under ...
13 comments
Read more

Stock Market News - FDC share price at 52-week high on GMP certificate from UK health regulator

The certificate came after a recent inspection of the company's facilities in Goa. FDC  share price touched a 52-week high of Rs 222, rising more than 5 percent in the morning trade on January 3 after the company received the good manufacturing practice (GMP) certificate from the UK's health regulator. The UK's Medicines and Healthcare Products Regulatory Agency also continued with its approved status for the company's two facilities in Verna, Goa. The GMP certificate was issued after a recent inspection of the two plants. At 1018 hours, FDC was quoting at Rs 218.00, up Rs 7.30, or 3.46 percent. The share price has risen 30 percent in the last three months. GNFC share price down 2% after DoT seeks Rs 15K cr in telecom dues DoT sent the company a demand notice for Rs 15,019 crore, taking to Rs 3.13 lakh crore the amount it has sought from non-telecom companies following a Supreme Court ruling. The share price of  Gujarat Narmada Valley Fertili...
3 comments
Read more

Budget 2019 : LTCG Tax, GST, Home Loans, farmer income scheme needs to be focus

Budget 2018 was the last full-fledged budget presented by the government led by Narendra Modi. Long Term Capital Gains (LTCG) tax on profit earned from the sale of equity shares listed on a recognized stock exchange in India. The LTCG tax was re-introduced after a time gap of 14 years. The provisions were closely followed since they impacted the majority of taxpayers of the country. The tax was levied at the rate of 10 per cent (plus applicable surcharge and cess) while providing relief from gains accrued up to January 31, 2018, i.e., a mechanism was derived wherein the stock price as on 31 January 2018 was considered as the deemed cost, provided it is beneficial to the taxpayer. Following are some of the illustrative points: Treatment of compulsorily convertible instruments – The current provisions do not provide clarity on the cost to be adopted for the purpose of computation of capital gains in case of instruments that are compulsorily converted into equity sh...
1 comment
Read more