Welspun Corp: The company has received an amount of Rs 225 crore on business transfer agreement for the sale of PCMD Division while the balance consideration shall be received by the company by May 31, 2021. 

On the options' front, the 14,500 Put option has seen a massive open interest addition in today’s session as it added a 20.74 lakh share in the open interest. With this, the total open interest concentration in 14,500 Put option has reached 39.26 lakh.

Ratio analysis is the analysis of various parts of financial information in the financial statements of the company. It is mainly used by external analysts to analyse a company based on its profitability, liquidity & solvency.

Despite the ongoing pandemic, the Agri Machinery Segment of Escorts Limited received good traction in April 2021, spurred by speculations of timely monsoons which have spurred up demand.

As government drafts plan on disinvesting or privatising most of the public sector undertakings, investors may now turn their attention towards PSU stocks from a viewpoint of long-term wealth creation rather that some tactical strategies. 

During Friday’s trading session, the stock of Steel Authority of India Limited (SAIL) jumped more than 7 per cent and made an intraday high of Rs 121.30 per share. In the last one month, the stock of the company has risen by 53 per cent.

In the Budget 2021-22 announced, the finance minister declared that steps will be taken to privatise two public sector banks and one general insurance company. Recently, PSU Bank stocks are seen rallying on the news that officials of RBI will soon be finalising the potential candidates for privatisation. 

A summary of the key economic news that impacted markets this week.

On Friday, HIL Limited informed the bourses that Odisha Government's State Level Single Window Clearance Authority (SLSWCA) has approved the application made by the company to set up a manufacturing plant of blocks, panels & boards at Balasore (Odisha). 

Machine learning is powerful! What is more important is to use a nuanced approach while incorporating machine learning to help drive returns in the capital markets.