India's IRB InvIT Fund $782 mln IPO subscribed 8.6 times
Uploading Date : 06-05-2017The initial public offer (IPO) of IRB InvIT Fund, the country’s first infrastructure investment trust to hit the primary market, closed on a strong note on Friday with the issue being subscribed 8.6 times............
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Aviation stocks gain up to 4.5% as crude oil prices fall
Uploading Date : 06-05-2017Aviation stocks, SpiceJet and Jet Airways, surged up to 4.5 per cent on Friday following slide in crude prices. Shares of SpiceJet jumped 4.49 per cent to close at Rs 117.50 and Jet Airways rose by 2.01 per cent to Rs 533.55 on BSE...........
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Avenue Supermarts hits new high ahead of Q4 results
Uploading Date : 05-05-2017Avenue Supermarts, which runs the D-Mart value retail chain, gained 5.3% to Rs 814, on BSE, ahead of the board meeting on Saturday, May 6, 2017 to consider financial results for the quarter (Q4) and financial year ended March 31, 2017. This will be the first time the company will be announcing result on BSE since its listing.............
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Eicher Motors Q4 net up 33% at Rs 459 cr
Uploading Date : 05-05-2017Eicher Motors has reported a net profit of Rs 459.44 crore for the quarter ended March 2017 as compared to Rs 343.10 crore a year ago. Total income of the company rose by 24% to Rs 2,132.54 crore as against Rs 1,728.99 crore. Reflecting the volume uptake of Royal Enfield............
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9 PSU banks hit fresh 52-week high as Cabinet approves new NPA policy
Uploading Date : 04-05-2017Shares of public sector undertaking (PSU) banks are in focus with the market price of nine banks hitting their respective 52-week highs on the National Stock Exchange (NSE) after Cabinet approved new non-performing assets (NPA) policy to deal with stressed assets.................
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ICICI Bank surges 9% after three-fold jump in Q4 net profit
Uploading Date : 04-05-2017Shares of ICICI Bank surged nearly 9% to Rs 296 on the BSE after the bank reported a 188% year-on-year (YoY) rise in its March quarter (Q4) standalone net profit at Rs 2,025 crore. The private sector lender had logged profit of Rs 702 crore in the year-ago quarter...........
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SpiceJet hits record high; stock zooms over 100% in 2017
Uploading Date : 03-05-2017SpiceJet hit a record high of Rs 116.90, up 4% on BSE in intra-day trade, surpassing its previous high of Rs 115 touched on September 5, 2005. The stock has zoomed 104% thus far in the calendar year 2017 from Rs 57.20 on December 30, 2016, against 12.5% rise in the S&P BSE Sensex during the same period...........
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Ford India sales up 53% in April
Uploading Date : 02-05-2017Ford India today reported 52.69 per cent growth in total sales at 25,149 units in April this year. The company had sold 16,470 units in the same month of last year, Ford India said in a statement.........
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