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Here are some of the major updates that could move the markets today: Stocks Marico reported a consolidated profit of Rs 436 crore for the quarter ended June FY24, rising 15.6% over the corresponding period last fiscal Shree Cement has started commercial production at its clinker grinding unit in West Bengal with a cement capacity […]
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Here are some of the major updates that could move the markets tomorrow: HDFC to raise Rs 57,000 crore through non-convertible debentures HDFC Ltd’s board has approved raising funds through non-convertible debentures (NCDs) in various rounds aggregating to Rs 57,000 crore. The decision was taken since the outstanding borrowings of HDFC are approx. Rs 5.70 […]
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Tech Mahindra to acquire 100% stake in Allyis India, Green Investments Tech Mahindra Ltd has approved a proposal for the acquisition of a 100% stake in Allyis India and Green Investments. The total consideration for the acquisition is $125 million (~Rs 929 crore). Allyis offers technology consulting and managed services that help organizations reduce costs […]
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Jindal Steel and Power Reports Highest Ever Quarterly Steel Sales Jindal Steel and Power Ltd (JSPL) has recorded the highest ever quarterly steel sales in the July-September quarter (Q2 FY22). JSPL’s seel sales volume climbed 32 percent quarter-on-quarter (QoQ) and 10 percent YoY to hit a record high of 2.13 million tonnes during the quarter. […]

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