Stocks For Today: Future Retail, Nestle, TCS, Wipro, SIS ndian equities began the new trading week on a strong note, courtesy outperformance from private financials as well as PSU Banks. The S&P BSE Sensex ended 1.2% higher, closing above the mark of 52,000 for the first time ever at 52,154. The NSE Nifty 50 index also gained 1% to close at 15,314. Both Sensex and the Nifty ended at a record high.
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Titan Confident Jewellery Business Will Maintain Momentum
Titan Confident Jewellery Business: Titan Co. expects growth to pick up this year even as the profit of India’s largest branded jewellery maker fell in the quarter ended December.
Stocks For Today : ONGC, Vodafone Idea, Motherson Sumi
Stocks For Today : ONGC, Vodafone Idea, Motherson Sumi. Indian equities posted a weekly advance on Friday, despite consolidating in a range for most days of the week.
Shares of Ashok Leyland Ltd Biggest Drop On Q3 Loss
Shares of Ashok Leyland Ltd Biggest single-day drop in nearly two months after the medium and heavy commercial vehicle maker suffered a surprise loss in the third quarter on a one-time expense.
Aurobindo Pharma Q3 Results: Net Profit Jumps Fourfold On One-Offs; Shares Drop
Aurobindo Pharma Q3 Results : Aurobindo Pharma Ltd.’s profit surged in the third quarter, aided by one-time gains. Net profit of the drugmaker jumped fourfold over the year earlier to Rs 2,946.3 crore in the three months ended December, according to exchange filing.
Dhanlaxmi Bank Seeks Clean Break From Infighting-Riddled Past
After a prolonged leadership crisis, old-generation private lender Dhanlaxmi Bank Ltd. is attempting a fresh start under new chief executive officer Shivan JK, who took over on Jan. 28. His appointment, unlike that of his predecessor, was backed by 99.8% of the bank’s shareholders and later confirmed by the Reserve Bank of India.
Tata Steel Q3 Results: Profit Beats Estimates, Revenue At 7-Quarter High
Tata Steel Q3 Results : Tata Steel Ltd.’s quarterly profit rose, beating estimates, aided by higher prices, a better product mix and initiatives to improve operating efficiency.