PNB Housing dives 12% on poor Q3 results
The lender's net interest margin, a key profitability ratio, shrunk to 2.98 per cent for the December quarter, the lowest in last five quarters.
Stock market update: PNB Housing Finance, Zensar Tech among top losers on BSE
In the Nifty pack, 40 stocks were in the green, while 10 stocks...
EduTech company Eupheus nets $4.3 million
The company said it has expanded to 70 cities as of the first half of the current fiscal year, apar...
Sensex jumps 80 points, Nifty tops 12,200; Coffee Day jumps 5%
In the Sensex pack, Asian Paints was the biggest gainer, up 1.07 per cent at Rs 1794.25.
JSW Steel Q3 preview: Analysts see 73-77% plunge in profit
Consolidated topline may decline 17.4 per cent YoY to Rs 16,777.9 crore and the consolidated profit is likely to drop 73 per cent YoY to Rs 431 crore, said ICICIdirect.
Stock market update: Ballarpur Industries, Shalimar Paints among top gainers on BSE
MPS Infotecnics, Metkore Alloys and Spentex were among the top performers.
India’s economy seems to be shaking off a slump
The needle has just moved on five of the eight high-frequency indicators of the Indian economy.
Unlisted Reliance Retail surges as RIL tweaks mandatory share swap
Reliance, in an extraordinary general meeting (EGM) on Thursday, made the share-swap scheme for shareholders in the retail venture optional as against mandatory earlier.
Concept buys 51% stake in marketing firm Lastmile Solutions
While Suchanti declined to share details, he confirmed to ET that it’s a part debt and equity deal, and Concept would infuse capital for growth. “The deal is engineered in a way where we will be scaling up business by making heavy investments in working capital,” said Suchanti, CMD, Concept.
'BUY' or 'SELL' ideas from experts for Friday, 24 January, 2020
Kunal Bothra advised traders to buy Titan Company with a target price of Rs 1,240 and a stop loss of Rs 1,180.
HDFC Life Q3 net flat at Rs 250 crore, new business margins rise
It saw margins on the value of new business (VNB) expand to 26.6 per cent.
Coffee Day to sell Way2Wealth Securities to Shriram Group
The transaction may fetch Coffee Day about Rs 30 crore, people briefed on the matter said.
Gold inches lower as investors seek clarity on virus severity
Spot gold fell 0.2 per cent to $1,560.24 per ounce by 0559 GMT.
SBI Cards in for a bumper IPO going by grey market swipes
The company is likely to be valued at Rs 57,000-60,000 crore in the initial public offering.
Budget 2020: What’s next for Private Equity and Venture Capital industry
The PE & VC industry is set to play a significant role in upping India’s growth trajectory and quality through their role in making long term investments, job creation, innovation and better governance and professionalisation of Indian companies.
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