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Share of PSUs in total m-cap falls to decade’s low of 4.6%
The market cap of PSUs shrank by 3% annually over the past decade even as the country’s market cap increased by 8%.
New orders improve KNR Construction's revenue visibility
The mid-tier construction company, which focuses on roads, highways, irrigation and ...
Hindalco’s stock gains 4% on revision in earnings, rising aluminum prices
Novelis reported a loss of $79 million for the June quarter against...
KPIT hits upper circuit on sustained deal wins in Q1
Shares of mid-tier IT company KPIT Technologies hit an upper circuit with 5 per cent gain on Tuesday morning amid a weakness among the stocks of its top-tier peers.
New owners give new ambitions to CG Power
CG Power had a long term debt of over Rs 2,000 crore at the end of FY20. The Murugappa group has struck a settlement with banks (SBI is the lead banker) to repay Rs 1,050 crore.
ET Analysis: Is Asian Paints innovating or piling on non-core businesses?
The recent forays are largely B2C – requiring distribution that is different from paints.
Order from IKEA Group helps Acrysil’s stock scale new high
The share price of Acrysil gained 33% in the past five trading sessions.
ET in the Classroom: How to evaluate life insurance stocks
The National Stock Exchange (NSE) will replace Vedanta with HDFC Life effective from July 31. ET presents some of the key factors to consider while valuing and comparing these stocks.
Government extends date for Air India EoI submissions to October 30
The government has extended the deadline to submit expressions of interest for acquiring Air India by two months, to October 30.
KEC awaits big MENA booster
A revenue visibility of more than 18 months and sizable order pipeline have kept investors’ interest intact in the stock. It has gained 24% over the past month compared with the 12% gain in the BSE Capital goods index.
Varroc Engg: Will the momentum continue?
The company earns two-third revenue by selling lighting parts in the overseas market while the rest is obtained from the domestic two-wheeler segment.
Fearful FPIs march out of Indian markets, pull out a record $15.9 billion
FPIs account for a fifth of the total market capitalisation of Indian equities.
Defence revenue opportunity, debt reduction plan fuels rally in Ashok Leyland
“The announcement of the government of India about increasing local sourcing is very positive for defence suppliers like us and clearly the government intention shows that it is moving from Make in India to Make by India” said Gopal Mahadevan, CFO at Ashok Leyland.
Analysts raise eClerx PE even as pandemic hurts its Q1 show
Despite a sharp impact of the COVID-19 pandemic on revenue and profit, the company was able to improve profitability.
Can NTT India handle client needs in a post-Covid world to become a $1 bn company?
In India, NTT India is deeply entrenched in banking operations. It manages the networking needs of 60% of the over-120,000 bank branches in the country. It also has a significant play in managing networks and backend technologies of telcos and BPO units.
