In 2017, Amit Patel-promoted Sintex Plastics Technology Ltd, maker of water storage tanks, was demerged from Sintex Industries.
Stock Market
At Gold Silver Reports, we provide the latest stock market news and trading tips covering NSE, BSE, and global markets. Get expert analysis, intraday calls, and investment insights to make informed trading and investment decisions in the share market.
Nykaa IPO: All You Need To Know Before Subscribing
India’s top e-commerce site for beauty products, Nykaa, will launch its three-day IPO on Oct. 28, joining the booming frenzy for tech maiden offers.
JPMorgan Says India Index Inclusion May Lure $25 Billion Inflows
India’s inclusion in JPMorgan global emerging-market bond index could prompt $25 billion of inflows from foreign investors, the bank said in a research report.
Maruti Suzuki Q2 Preview: Profit, Revenue Seen Rising Despite Chip Shortage
Maruti Suzuki India Ltd.’s profit and revenue are expected to rise in the second quarter even as a global chip shortage weighs on the supply chain.
Axis Bank Q2 Results: Net Profit Up 86% On Lower Provisions
Axis Bank Ltd.’s quarterly profit rose in the second quarter as provisions fell. Net profit jumped 86% year-on-year to Rs 3,133.3 crore in the three months ended September, the private lender said in an exchange filing. Analysts polled by Bloomberg estimated a net profit of Rs 2,649.6 crore. The bank’s net interest income, or core income, rose 8% over the preceding year to Rs 7,900 crore. Net interest margin stood at 3.39%.
TCI Express Jumps Over 15% After Strong Q2
Shares of TCI Express Ltd. rose over 15% in intraday trade to a record Rs 1,895 apiece after the company reported strong growth in second quarter revenue and net income, on Friday.
HDFC AMC On Track For The Longest Losing Streak In Over A Year; RSI Below 30
- HDFC Asset Management Co. is lower for the seventh straight day, on track for the longest losing streak since the period ended Sept. 24, 2020.
- HDFC AMC has lost a total of 7.3% during the streak while the S&P BSE Sensex Index fell 0.1%. Today, the stock fell 1.2% to Rs 2,735.50.
- The relative strength index on the stock was 25, suggesting it may be oversold.