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welspun enterprises up for 11th straight trading day post q4 results




shares of welspun enterprises were trading higher for the 11th straight session, rising 5% to rs 202 per share on the bse after the company reported a nearly four-fold jump in its consolidated net profit at rs 253 million in march quarter. it had profit of rs 67 million in the same quarter last fisc...



welspun enterprises up 13% on emerging as lowest bidder for tn road project




shares of welspun enterprises have moved higher by 13% to rs 174 per share on the bse after the company said it has emerged as the lowest bidder (l1) for a national highways authority of india (nhai) project in the state of tamil nadu. “nhai has opened the bid on may 9, 2018, entails the four-lani...



welspun corp gains on winning orders




welspun corp surged 14% to rs 155 on the bse in intra-day trade after the company announced that it has received orders for supply of at 124 k mts pipes.“including a large oil & gas order we have received orders for supply of @ 124 k mts pipes since our last disclosure,” welspun corp said in a r...



welspun gets tax demand of rs 1.79 bn




gujarat government’s tax department has slapped a demand of rs 1.79 billion on welspun corp for two financial year — 2009-10 and 2010-11, the company said in a regulatory filing.welspun corp, flagship firm of welspun group, said it will appeal against the tax demand at the appropriate judicial f...



welspun enterprises hits 52-week high; stock up 15% in two days




si reporter  |  mumbai  june 28, 2017 last updated at 10:38 ist



dr reddy's falls for fourth straight day on poor q3 results




dr reddy’s laboratories was trading lower for the fourth straight trading day, down 3.4% at rs 2,233 on bse after the company reported 29% year on year (yoy) decline in its consolidated net profit at rs 3,344 million in december 2017 quarter (q3fy18). the net profit was impacted by a rs 930 millio...



coffee day enterprises shares fall on news of i-t dept raids




shares of coffee day enterprises ltd., fell 8 percentage points in the morning trade following income tax raids on properties owned by v g siddhartha. shares of the nse-listed company were trading for rs. 234.00 at 11:40 am.the i-t department is currently engaged in raids and searches on over 20 est...



jp associates rallies 35% in two days on rare enterprises stake buy




jaiprakash associates has moved higher by 15% to rs 22, extending its thursday’s over 15% surge on the national stock exchange (nse), after rare enterprises purchased 30 million shares of the company worth rs 551 million through open market. in past two trading sessions, the stock rallied 35% from...



adani group shares trade higher ahead of q3 results




shares of adani group companies – adani ports and special economic zone (sez), adani transmission and adani enterprises – were trading higher by up to 5% ahead of october-december quarter (q3fy18). adani transmission, the largest gainer among the pack, was up 5% to rs 235 on bse in intra-day tra...



all-round recovery for tata power may take a while




about a year back, when tata power acquired the business of welspun renewables, analysts were quite critical of the deal as they felt that tatas overpaid welspun to get a head start in the renewable space. however. september quarter (q2) performance of tata power puts to rest these criticisms. it cu...



adani enterprises trades ex-date to spin off its renewable energy biz




adani enterprises surged 12% to rs 148 on the bse on back of heavy volumes. the stock of adani group company turned ex-date to spin off its renewable sector business with effect from today. at 10:23 am; the stock was up 11% at rs 147 on the bse, as compared to 1.4% rise in the s&p bse sensex. the tr...



itc trading higher for third straight day; stock up 6% in three days




shares of itc were up 4% at rs 278 per share on the bse on wednesday, trading higher for the third straight trading day, on back of heavy volumes. in past three days, the stock outperformed the market by gaining 6.5% from rs 261 on friday, april 13, 2018. on comparison, the s&p bse sensex was up 0.8...



omax autos zooms over 70% in four days on strong q3 results




omax autos hit new high of rs 206, up 9% on bse, extending its over 50% surge in past three trading days, after the company reported net profit of rs 125 million in december 2017 quarter (q3fy18), on back of strong operational performance. the company primarily engaged in manufacturing of sheet meta...



infosys to announce q3 results on january 12




it major infosys has said a meeting of its board of directors will be held on january 11 and 12, 2018 to consider the audited consolidated financial results of the company and its subsidiaries for the quarter and nine months ending december 31, 2017.the financial results would be finally approved by...



adani enterprises sells entire stake in subsidiary firm for rs 1.36 mn




adani enterprises on friday said it has sold 100 per cent stake in its wholly-owned subsidiary adani energy ltd (aenl) for rs 1.36 million. "...we would like to inform you that the company has sold its entire stake in adani energy ltd (aenl) on march 29, 2019," adani enterprises said in a bse filing...



nse clarifies trading hours has not been revised




the trading on the exchange take place between 9 am and 3.30 pm with 15 minutes each of pre-open and post-closing sessions



royal bank of scotland picks amsterdam as post brexit eu trading hub




royal bank of scotland has picked amsterdam as its post-brexit european union trading hub and will deliver 150 jobs in the dutch capital, chief executive ross mcewan said on friday.speaking at the presentation of the bank’s second quarter results, mcewan said the bank will built up its minor amst...



royal bank of scotland picks amsterdam as post brexit eu trading hub




royal bank of scotland has picked amsterdam as its post-brexit european union trading hub and will deliver 150 jobs in the dutch capital, chief executive ross mcewan said on friday.speaking at the presentation of the bank’s second quarter results, mcewan said the bank will build up its minor amst...



ed attaches rs 10 lakh in probe against gujarat ias officer




the ed today attached rs 10 lakh in connection with its money laundering probe against a former ias officer of gujarat cadre, pradeep sharma.the 1984-batch officer was arrested by the central probe agency in july last year. the enforcement directorate had filed a criminal case against sharma and oth...



gvk power, jp associates, welspun corp, heg hit 52-week highs




si reporter  |  mumbai  july 21, 2017 last updated at 13:56 ist



hudco hits lowest level since listing




housing and urban development corporation (hudco) hit its lowest level since listing at rs 63.45, down 1% on the bse. the stock of state-owned housing finance company was quoting lower for the ninth straight trading days, falling 7% during the period. it is trading close to its issue price of rs 60 ...



nelco hits 10-year high; surges 75% in 14 days post q3 results




nelco hit an over 10-year high of rs 189, up 7% on the bse, extending its rally after the company announced its october-december (q3fy18) results. the stock was trading at its highest level since january 17, 2008. since february 2, 2018, in past 14 trading days, it appreciated by 75%, as compared to...



coinbase halts bitcoin cash transactions over insider trading fears




coinbase chief brian armstrong stressed in a blog post that there was no evidence of insider trading "at this time," but also promised a zero-tolerance approach. the ceo said "will not hesitate" to immediately fire anyone shown to be trading on non-public info, and insisted that the company had repe...



welspun steel gets green nod for rs 14,690-cr gujarat project




press trust of india  |  new delhi  march 12, 2017 last updated at 10:57 ist



christmas sales showed improvement | business




the share of retailers who reported a decline in sales over the christmas period has dropped below 50 percent for the first time in the last few years, according to a survey by the institute of the hellenic confederation of commerce and enterprises (inemy-esee).the survey found that a total of 53 pe...