IPO Update: Sterling and Wilson Solar IPO to open on Aug 6 IPO Update: Sterling and Wilson Solar IPO to open on Aug 6 Gayathri Udyawar / Friday, August 2, 2019 / Article rating: 3.8 The Rs. 3,125 crore Initial Public Offering (IPO) of the global solar EPC company belonging to the Shapoorji Pallonji Group hits the exchanges on Tuesday, August 6, 2019. The company is an integrated solar engineering company.
What is Nifty100 Alpha30? What is Nifty100 Alpha30? Gayathri Udyawar / Friday, August 2, 2019 / Article rating: 3.0 Alpha is the favourite buzzword of smart investors. NSE launched the smart-beta index Nifty100 Alpha30 in June this year. An alpha index strategy aims to select stocks that have recently outperformed the broad benchmark on a risk adjusted basis. Let's check out which stocks feature in this index.
Market Close: Sensex dips 462.8 points as Fed cuts rate Market Close: Sensex dips 462.8 points as Fed cuts rate Gayathri Udyawar / Thursday, August 1, 2019 / Article rating: 5.0 Despite a decent recovery in the last trading session, the benchmark indices failed to close in the green zone. The BSE Sensex dipped by 462.80 points or 1.23 per cent at 37,018.32 on Thursday on the back of negative global cues as the US Fed cut benchmark policy rate.
Dr. Reddys: Subsidiary partners with oncology expert Exelixis Dr. Reddys: Subsidiary partners with oncology expert Exelixis Gayathri Udyawar / Thursday, August 1, 2019 / Article rating: 3.0 India-based subsidiary of Dr. Reddy's, Aurigene has entered an exclusive collaboration agreement with the US-based oncology-focused biotech company Exelixis, Inc.
Q1FY20 Results: Hester Bioscience sales up 11 per cent Q1FY20 Results: Hester Bioscience sales up 11 per cent Gayathri Udyawar / Wednesday, July 31, 2019 / Article rating: 5.0 The leading animal healthcare companies reported 11 per cent YoY increase in sales at Rs. 42.42 crore for Q1FY20 as against Rs. 38.26 crore in Q1FY19, on a standalone basis. Net profit was at Rs. 9.79 as against Rs. 9.68 crore in Q1FY19.
ICRA places Coffee Day rating on watch; VG Siddhartha dead ICRA places Coffee Day rating on watch; VG Siddhartha dead Gayathri Udyawar / Wednesday, July 31, 2019 / Article rating: 3.0 The rating agency has revised its rating for the company's Rs. 315 crore term loan from developing implications to negative implications. The company's board appoints Interim Chairman and Interim Chief Operating Officer.
IPO Update: Spandana Sphoorty IPO to hit market next week IPO Update: Spandana Sphoorty IPO to hit market next week Gayathri Udyawar / Wednesday, July 31, 2019 / Article rating: 2.3 The IPO of the microfinance company opens for subscription on August 5. The price band for the offer is set at Rs. 853 to Rs. 856 per share.
Q1FY20 Results: Maruti Suzuki net profit dips 27 per cent Q1FY20 Results: Maruti Suzuki net profit dips 27 per cent Gayathri Udyawar / Friday, July 26, 2019 / Article rating: 2.7 Reflecting the distress faced by the auto industry, leading automaker Maruti Suzuki reported 27.3 per cent YoY dip in its standalone net profit at Rs. 1,435.5 crore in Q1FY20.
Vedanta: CIHL exits investment with US$ 100 million gains Vedanta: CIHL exits investment with US$ 100 million gains Gayathri Udyawar / Friday, July 26, 2019 / Article rating: 3.8 Vedanta's subsidiary, Cairn India Holdings Limited (CIHL) plans to unwind its structured investment in Anglo American Plc through the early exchange option, the company informed on Friday.
Newgen granted US patent, stock up 7 per cent Newgen granted US patent, stock up 7 per cent Gayathri Udyawar / Thursday, July 25, 2019 / Article rating: 5.0 The US-based subsidiary of Newgen Software Technologies Limited has received a patent from the US Patent Office for Intelligent Check Deposit Machine.