Rupee snaps 2-day gaining streak Rupee snaps 2-day gaining streak Nidhi Jani / Monday, September 30, 2019 / Article rating: 3.3 Traders remain concerned with report that India had a ‘worrisome’ debt burden of over Rs. 88 lakh crore at the first financial quarter of 2019 with the government apparently having no inkling to deal with the country’s economic slowdown.
Yes Bank to raise share capital, stock tanks Yes Bank to raise share capital, stock tanks DSIJ Intelligence / Monday, September 30, 2019 / Article rating: 3.8 Yes Bank Limited on Monday has received acknowledgement from Reserve Bank of India (RBI) to go ahead with the proposed increase in its authorized share capital. Despite such a positive development, the stock of Yes Bank tanked more than 15 per cent to hit 10-year low of Rs. 40.95 in BSE.
Reliance Capital stock hits 20-year low Reliance Capital stock hits 20-year low DSIJ Intelligence / Monday, September 30, 2019 / Article rating: 3.7 Reliance Capital is set to exit from two of its credit verticals which include Reliance Commercial Finance and Reliance Home Finance. Reacting to this news, the stock of the company declined by 13.6 per cent to hit Rs. 24.20, its lowest since March 1999.
Signet Industries receives orders worth Rs. 73 crore Signet Industries receives orders worth Rs. 73 crore DSIJ Intelligence / Monday, September 30, 2019 / Article rating: 5.0 On Monday, Signet Industries informed the exchanges of receiving orders of approximately Rs. 73 crore from L&T Limited and Shapoorji & Pallonji co. Pvt. Ltd. Despite this news, the stock of the company fell by 4.8 per cent on Monday.
Balrampur Chini forms Three Black Crows pattern Balrampur Chini forms Three Black Crows pattern Vinayak Gangule / Monday, September 30, 2019 / Article rating: 4.3 The stock of Balrampur Chini Mills Limited has formed a Three Black Crows candlestick pattern on daily time frame.
Overnight Digest: Stocks to look out on October 1 Overnight Digest: Stocks to look out on October 1 DSIJ Intelligence / Monday, September 30, 2019 / Article rating: 5.0 The stocks to watch out on October 1 include Lupin, ICICI Prudential Life Insurance, Kalpataru Power, Kamdhenu and IHFL.
Bata India exhibits Dark Cloud Cover pattern Bata India exhibits Dark Cloud Cover pattern Vinayak Gangule / Monday, September 30, 2019 / Article rating: 4.7 The stock of Bata India Limited has formed a Dark Cloud Cover candlestick pattern on the daily time frame.
Kalpataru Power zooms 4 per cent on new order Kalpataru Power zooms 4 per cent on new order Nidhi Jani / Monday, September 30, 2019 / Article rating: 5.0 The consolidated order book as on June 30, 2019 stood at Rs. 24,918 crores and order inflows YTD FY20 came in at Rs. 4,300 crores. Also, the company has L1 position of around Rs. 2000 crore majorly in Transmission & Distribution business.
Indices extend losses amid profit booking Indices extend losses amid profit booking DSIJ Intelligence / Monday, September 30, 2019 / Article rating: 5.0 At the end of the session, the 30-share index Sensex lost 155.24 points or 0.40 percent to settle at 38,667.33, while, the 50-share index Nifty breached 11,500 levels intraday and closed at 11,474.45, down by 37.95 points or 0.33 per cent.
Glenmark to market Montlezir in Russia Glenmark to market Montlezir in Russia DSIJ Intelligence / Monday, September 30, 2019 / Article rating: 3.7 Glenmark Pharmaceuticals has received approval from the Ministry of Healthcare, Russia to market Montlezir. Shares of Glenmark, however, were trading 2 per cent lower at Rs. 325.15 in the afternoon session of Monday.