Japyee Cement's acquisition will give it a ready market in the eastern and central regions. It will also provide limestone reserves and fully operating plants. This will be beneficial over the long run.
In the past year, SIP accounts have increased by 27.1 lakh compared with 75 lakh such accounts registered over the past 30 years, according to the AMFI.
Nine nations which account for nearly 80% of the world's total passenger car market have laid out a guideline to reduce emissions by 20-50% in next 5 years.
Given its relatively cheaper valuation, the stock may report listing gains. Barring this, medium-term investors may not have much to look forth in the IPO.
The stock shot up by as much as 11% in less than 2 hours giving no chance for the bears to cover their positions.
This is likely to weigh on valuation of Ashok Leyland which is already witnessing moderation due to softening demand of MHCV in the past three months.
The crude oil production-to-sales ratio improved to 93% in the June quarter from the historical average of 87% between FY14 and FY16.
RIL shareholders' wealth gained Rs 20,000 crore as the markets gradually factored in the contribution of telecom venture towards the company's valuation.
Paradip refinery is expected to touch 90% utilisation in the last quarter of the current fiscal and may contribute nearly 20% to the company's profit in FY19.
The stocks of Power Grid and NTPC have a beta of less than 0.8 reflecting lesser variability in return compared with the benchmark index.
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