Indian growth story continues with a surge in FPI, FDI & corporate bond market flows
Indian growth story continues with a surge in FPI, FDI & corporate bond market flows

Indian growth story continues with a surge in FPI, FDI & corporate bond market flows

Nidhi Jani Article rating: 4.6

Further, during Q2FY21, the total FDI inflows came in at USD 28,102 million. Out of which, equity inflows stood at USD 23,441 million or Rs 174,793 crore. With this, the total FDI equity inflow in FY21 stood at USD 30,004 million, 15 per cent greater than that of the corresponding period last year.

November auto sales data: Maruti & Bajaj Auto delivers marginal sales growth
November auto sales data: Maruti & Bajaj Auto delivers marginal sales growth

November auto sales data: Maruti & Bajaj Auto delivers marginal sales growth

Nidhi Jani Article rating: 4.7

Bajaj Auto posted a jump in total sales by 5 per cent in November 2020, with 4,22,240 units being sold. The sale of two-wheelers jumped by 12 per cent YoY whereas, the sales of commercial vehicles (CV) dropped by 38 per cent YoY.

Gayatri Projects gains nearly 5 per cent on securing LOA for water supply work
Gayatri Projects gains nearly 5 per cent on securing LOA for water supply work

Gayatri Projects gains nearly 5 per cent on securing LOA for water supply work

Nidhi Jani Article rating: 3.8

In Q2FY21, the company won an irrigation order worth Rs 196 crore under waterworks in UP and a mining contract in Odisha for Rs 33 crore. At this point in time, the company is majorly focussing on waterworks and expects significant new orders coming over the next few months.

HCC in joint venture secure orders worth Rs 236 crore
HCC in joint venture secure orders worth Rs 236 crore

HCC in joint venture secure orders worth Rs 236 crore

Nidhi Jani Article rating: 3.8

During the quarter Q2FY21, the company secured orders worth Rs 7,402 crore in a joint venture, out of which, HCC’s contract share stood at Rs 3,337 crore. At the end of Q2FY21, the registered order backlog stood at Rs 18,995 crore.

BSE Auto index jumps 100 per cent amid optimism of business growth
BSE Auto index jumps 100 per cent amid optimism of business growth

BSE Auto index jumps 100 per cent amid optimism of business growth

Nidhi Jani Article rating: 4.0

Looking at the price trend, Motherson Sumi Systems has jumped approximately 195 per cent from its 52-week low of Rs 48.50 and Bajaj Auto jumped almost 73 per cent from its 52-week low of Rs 1,793.10. Similarly, Mahindra & Mahindra has jumped approximately 195 per cent from its 52-week low of Rs 245.80.

Ind-Ra expects Indian two-wheeler exports to see sustained growth in H2FY22
Ind-Ra expects Indian two-wheeler exports to see sustained growth in H2FY22

Ind-Ra expects Indian two-wheeler exports to see sustained growth in H2FY22

Nidhi Jani Article rating: 5.0

It also mentioned that the exports would continue gaining their momentum in H2FY21 and FY22E, determined by lower penetration of the exporting countries, firm crude oil prices, unsafe public transport, and infrastructure amid the pandemic situation.

Relaxo Footwears plans to invest Rs 150 crore in FY21
Relaxo Footwears plans to invest Rs 150 crore in FY21

Relaxo Footwears plans to invest Rs 150 crore in FY21

Nidhi Jani Article rating: 4.4

Open footwear contributes approximately 80 per cent of the company’s total revenue. The company has mentioned that the demand for closed footwear has been adversely affected in the pandemic but it's likely to gain traction going forward due to the onset of winter.

BEML secures Rs 501 crore contract for metro project
BEML secures Rs 501 crore contract for metro project

BEML secures Rs 501 crore contract for metro project

Nidhi Jani Article rating: 3.6

The project cost of the same is approximately Rs 501 crore. With this order win, BEML’s order book stands at Rs 4,318 crore from Rs 3,218 crore earlier.

Wonderla Holidays spikes 12 per cent on reopening of water park
Wonderla Holidays spikes 12 per cent on reopening of water park

Wonderla Holidays spikes 12 per cent on reopening of water park

Nidhi Jani Article rating: 4.0

Wonderla Holidays Limited, India’s leading amusement park operator, today informed the bourses that the water rides at the theme park will be open to the public from November 20, 2020. The dry rides have already been operating since November 13th.
 

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