Shares of Power Grid Corp of India gained at open after the company posted better-than-expected third quarter earnings.
Adani Enterprises Top Loser In The Nifty 50 Gauge
Adani Enterprises shares traded volatile a day after the company’s follow-on public offering was fully subscribed on the final day of the subscription. The scrip opened 0.71% higher before quickly falling 1.22%.
Inflow In Gold ETFs Drops 90% In 2022; Asset Base, Investors Account Grow
Inflow in gold exchange traded funds plunged by 90% to Rs 459 crore in 2022 due to rising prices of yellow metal, increasing interest rate structure coupled with inflationary pressures.
SRF Up As Board Approves Capex Proposal
Shares of SRF gained on Tuesday after its board approved capital expenditure proposal.
Kansai Nerolac Paints Up As Company Decides To Sell Land In Thane
Shares of Kansai Nerolac Paints rose after the company said it will sell its land at Thane to Shoden Developers for Rs 655 crore.
KEC International Rises After Bagging Orders Worth Rs 1,131-Crore
KEC International shares gained after the company bagged new orders worth Rs. 1,131 crore across various businesses.
Crude oil price likely to reach $102 per bbl in 2023
Crude Oil prices could see better 2023 than 2022. We believe the price will sustain above $90 as money managers have increased their long position after Brent breached $80 on the back of expectation of increased oil demand from China and rest of the world.