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Latest Stock Market News

LIC, Sun Pharma, IRCTC, Jindal Steel & Power, Delhivery, Jubilant FoodWorks and Aurobindo Pharma are among the companies which will announce their quarterly earnings today.

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ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 514070.11 Crore).

​​Two months ago, Navi Mumbai International Airport, a subsidiary of Adani Enterprises, availed a long-term credit line from SBI for the greenfield project. The bank had committed the entire debt requirement of Rs 12,770 crore for the ambitious project.

Maruti Suzuki eyes record output of over 2 million

Updated at : 2022-05-30 08:25:02

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Apart from adding new models, Maruti Suzuki will rely on the CNG offerings in its current portfolio to achieve incremental sales growth. The maker of the Baleno and Swift hatchbacks is targeting production of 2.08 million for FY23, said several people in the know. This is 26% higher than the 1.65 million units it delivered in FY22.

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In the first phase, which was rolled out on June 1, 2021, hallmarking of 14, 18 and 22 carat jewellery was made mandatory. At present, out of 773 districts in the country, only 288 districts have hallmarking facilities. Gujarat, Maharashtra, Tamil Nadu and Uttar Pradesh have the highest number of districts with hallmarking facilities.

BPCL to expand capacity with Rs 30,000 crore

Updated at : 2022-05-30 08:25:02

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"To remain competitive in the dynamic market and be future ready, BPCL has planned major investment in petrochemicals projects in next five years," said Sanjay Khanna, Director, Refineries, BPCL.

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According to DLF, housing demand continues to exhibit a structural upswing across segments and geographies. The residential business exhibited a record performance in the fiscal with new sales bookings of Rs 7,273 crore, reflecting a Y-o-Y growth of 136%.

Hindalco a buy for analysts as Q4 net doubles

Updated at : 2022-05-30 08:25:02

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“We cut our FY23 Ebitda/PAT (operating profit/profit after tax) estimate by 16%/22%, at the consolidated level, driven by a 28% reduction in India Ebitda due to higher coal costs. We expect the coal crisis to dissipate in the next one-to-two quarters,” said Motilal Oswal.

Most analysts bullish on ZEE, but cut targets

Updated at : 2022-05-30 08:25:02

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Zee Entertainment reported a consolidated net profit of ₹81.93 crore for the March quarter compared to a profit of ₹272.36 crore for the same period a year ago. Its total income in the quarter stood at ₹2,361.17 crore compared to ₹1,984.39 crore in the year-ago period.

Dollar drifts toward monthly loss as Fed bets ease

Updated at : 2022-05-30 08:25:02

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Trade was likely to be lightened through Monday as U.S. stock and bond markets close for the Memorial Day public holiday. Early in the Asia session the dollar was a fraction weaker on the euro at $1.0728, just above a five-week low, having dropped about 1.5% on the common currency last week.

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