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16.02 / 08:56
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Shares of Adani Power fall as Nifty gains
Adani Power Ltd. slipped 0.59 per cent to Rs 558.0 in Friday's trade as of 02:04PM (IST). It hit a high of Rs 566.6 and low of Rs 555.5 during the session. The stock quoted a 52-week high price of Rs 589.3 and a low of Rs 132.55. The return on equity for the stock stood at 65.35 per cent. About 48,991 shares have changed hands on the counter so far.
16.02 / 08:56
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BJP team blocked from Sandeshkhali entry amid committee summons
Lok Sabha privileges committee summoned Chief Secretary BP Gopalika, DGP Rajeev Kumar and other officials, a six member BJP’s Fact-Finding team, comprising two Union Ministers and four MPs, were stopped at Rampur, on their way to Sandeshkhali on Friday. The Committee urged the police to allow them but the area was barricaded and cordoned off. The team said they will meet Governor CV Ananda Bose in Kolkata today and complain to him on the issue. Apart from DGP Kumar and Gopalika, North 24 Parganas DM, Basirhat SP and additional SP have also been summoned for «oral evidence» in Delhi on Monday, based on a complaint of police brutality which led to Bengal BJP president Sukanta Majumdar injuries in Taki “What else can the state government do? The government wants to suppress the fact and so they stopped us. We have come here to give justice to the people,” Union Minister of States (MoS)-Education Annapurna Devi said.
16.02 / 08:55
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Bihar: Lalu Yadav says "doors remain open" for Nitish Kumar, even as son Tejashwi criticises the Bihar CM
Bihar Chief Minister Nitish Kumar made an exit from the Grand Alliance and joined hands with the NDA, however, RJD still seems hopeful of Kumar again making a 'U-turn' as RJD President Lalu Prasad Yadav said that «doors remain open». When asked about giving a chance to Nitish Kumar again, Lalu Prasad Yadav said, Ab aayenge toh dekhenge, khula hi rehta hai darwaaza' (if he will we will see, door remains open)." A day earlier, the duo was seen exchanging pleasantries in a brief encounter at the state assembly. Despite their brief interaction, the footage of their meeting became widely discussed on social media. This was the first meeting between the two leaders since their recent separation.
16.02 / 08:09
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Vibhor Steel Tubes IPO: Experts decode key reasons behind robust 300 times subscription ahead of allotment
Also Read: Vibhor Steel Tubes IPO allotment to be out soon; GMP rises, steps to check Vibhor Steel IPO allotment status Vibhor Steel Tubes IPO subscription begun on Tuesday, February 13, and ended on Thursday, February 15. On the third day, Vibhor Steel Tubes IPO subscription status was 298.86 times, as per BSE data.
16.02 / 06:55
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Share price of Ashok Leyland jumps as Sensex gains 377.32 points
Ashok Leyland Ltd. gained 0.28 per cent to Rs 175.0 at 12:07PM (IST) in Friday's trade. The counter has hit a high of Rs 176.65 and low of Rs 174.1 so far during the session. The stock had closed at Rs 174.5 in the previous session. The counter has had a total traded volume of 709224 shares so far with a value of Rs 12.44 crore on the NSE. It traded at a price-to-earnings multiple of 21.58 and a price-to-book ratio of 4.78.
16.02 / 06:55
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Bajaj Holdings shares gain 1.45% as Sensex rises
Bajaj Holdings & Investment Ltd. traded 1.45 per cent higher in Friday's session at 12:17PM (IST). The stock opened at Rs 8767.95 and has touched an intraday high and low of Rs 8915.15 and Rs 8729.65, respectively, during the session so far. The stock quoted a 52-week high of Rs 8915.15 and a 52-week low of 5791.05. About 502 shares changed hands on the counter so far.
16.02 / 06:55
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Numaligarh Refinery Limited achieves milestone with longest HDD for crude oil pipeline in Assam's Subansiri River
Assam based Numaligarh Refinery Limited (NRL) is executing its mega project of laying of a cross country pipeline of 1635 km from Paradip Port in Odisha to Numaligarh along with expansion of its refinery from 3.0 MMTPA to 9.0 MMTPA, as part of ‘Numaligarh Refinery Expansion Project (NREP)’. The prestigious NREP Project is the single largest Investment in Northeast India as part of Government of India’s ‘Hydrocarbon Vision 2030 for North East India’. The pipeline passes through five States traversing numerous enroute crossings including all major rivers of East India, namely Ganga, Jia Bharali, Subansiri, Brahmaputra through a technique called Horizontal Directional Drilling (HDD) with intersection. Subansiri River, which connects Lakhimpur in the North and Majuli in the South side, is one of the of the most challenging HDD sites due to its complex 3510-meter-long profile length for a 26-inch diameter pipe.
16.02 / 06:55
16.02 / 06:55
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Sonia Gandhi's assets jump Rs 72 lakh in five years to Rs 12.53 crore; has property in Italy, but no car
Additionally, Sonia Gandhi has mentioned her share in her ancestral property in Italy, which is currently valued at over Rs 26 lakhs. She possesses 88 kg of silver and 1267 grams of gold and jewelry. Furthermore, Sonia Gandhi owns three bighas (2529.28 square meters) of agricultural land in Dera Mandi village, New Delhi. The market value of this property is estimated to be Rs 5.88 crore at the current market rate. In terms of income, she receives a salary as an MP, royalty income, interest on bank deposits, dividends from mutual funds, and capital gains. She also receives royalties from various publishers, including Penguin Book India, Oxford University Press, Ananda Publishers, and Continental Publications. The affidavit mentions a royalty receipt of Rs 1.69 lakh from Oxford University Press.
16.02 / 05:25
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Buy Prestige Estates Projects, target price Rs 1390: HDFC Securities
Prestige Estates Projects with a target price of Rs 1390. The current market price of Prestige Estates Projects Ltd. is Rs 1143.95. Prestige Estates Projects Ltd., incorporated in the year 1997, is a Mid Cap company (having a market cap of Rs 45918.70 Crore) operating in Real Estate sector.
16.02 / 05:25
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Shree Cements stock price up 0.61 per cent as Sensex climbs
Shree Cements Ltd. rose 0.61 per cent to Rs 26478.35 at 10:45AM hours (IST) on Friday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 229 shares with a turnover of Rs 0.61 crore till 10:45AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 42.7, while the price-to-book value ratio stood at 5.07.
16.02 / 05:25
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Buy Info Edge (India), target price Rs 5650: HDFC Securities
Info Edge (India) with a target price of Rs 5650. The current market price of Info Edge (India) Ltd. is Rs 5283.3. Info Edge (India) Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 68250.12 Crore) operating in Services sector. Info Edge (India) Ltd. key Products/Revenue Segments include Sale of services for the year ending 31-Mar-2023.
16.02 / 05:25
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Stock market update: Nifty IT index advances 0.62% in an upbeat market
Infosys Ltd.(up 1.38 per cent), Tata Consultancy Services Ltd.(up 0.89 per cent), Wipro Ltd.(up 0.84 per cent), L&T Technology Services Ltd.(up 0.15 per cent) and MphasiS Ltd.(up 0.09 per cent) were among the top gainers.
16.02 / 05:25
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Godrej Consumer shares up 0.74% as Nifty gains
Godrej Consumer Products Ltd. gained 0.74 per cent to Rs 1240.85 in Friday's trade. It hit a high of Rs 1246.25 and low of Rs 1231.55 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 1048.44, while the 50-DMA was at Rs 1140.61. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
16.02 / 05:09
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Entero Healthcare Solutions share price makes a weak debut, stock lists with 2.3% discount at ₹1,228.70 apiece on NSE
₹1,228.70 per share, 2.33% lower than the issue price of ₹1,258. On BSE, Entero Healthcare Solutions share price today was listed at ₹1,245 apiece, down 1.03% than the issue price.
16.02 / 05:09
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Polysil Irrigation Systems share price makes a tepid debut, stock lists with 3.7% premium at ₹56 apiece on NSE SME
₹56, which is 3.7% higher than the issue price of ₹54. Polysil Irrigation Systems IPO price band was set at ₹54 apiece.
16.02 / 01:15
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SBI General looks to raise Rs 700-crore debt
SBI General Insurance aims to raise ₹700 crore in subordinated debt even as its equity valuation soars past ₹30,000 crore, surging two-and-a-half times in just more than five years. Despite its solvency margin of 1.9, the company is raising debt to fund expansion. «We have been growing at 23%, which is significantly faster than the market growth rate of 13%,» said Kishore Kumar Poludasu, MD, SBI General Insurance.
16.02 / 01:15
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Juniper Hotels' Rs 1,800-cr IPO to open on Feb 21 at Rs 342-360 a Share
Juniper Hotels announced its ₹1,800 crore Initial Public Offer (IPO) will open on February 21 at a price band of ₹342-360 a share. The offer will open for subscription on February 21 and investors can apply for a minimum of 40 shares and its multiples thereafter. The issue closes on February 23 and is entirely a fresh issue of 5 crore shares with a face value of ₹10.
15.02 / 22:05
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Season 2 of Mare of Easttown: All you need to know
Mare of Easttown Ever has been discussed, since the coming out of the first season in April 2021. The limited series on HBO which has been made alive by Brad Ingelsby, is featuring Kate Winslet as Mare Sheehan, the detective. The show will be taking the viewers into the depths of a murder investigation in Pennsylvania's small town. The complex lives of the characters have been explored in it as well. Although Kate Winslet has been honored with an Emmy, getting a lot of appreciation, it is still not confirmed if there will be a second season or not.
15.02 / 22:05
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A Quiet Place 3: Check out all we know about release date, cast, storyline, trailer
A Quiet Place 3 is in the works, but fans might have to wait beyond 2025 for the Abbott family's return. With the prequel A Quiet Place: Day One set for release this year, here's everything you need to know about the upcoming sequel.
15.02 / 22:05
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Kylian Mbappe tells PSG directors he plans to leave: Report
Kylian Mbappe has told officials at Paris Saint-Germain that he intends to leave when his contract expires at the end of the season, a source close to the Ligue 1 champions said on Thursday. The 25-year-old, who arrived in Paris from Monaco in 2017, had extended his contract in 2022 until 2024 but last summer declined to activate a clause allowing him to stay another year at PSG. Mbappe has been widely tipped to move to Real Madrid and, according to a source close to the matter, has already entered negotiations with the Spanish giants.
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