Shares of Liberty Shoes advanced as much as 15 per cent in early trade after smallcap czar Porinju Veliyath-led Equity Intelligence India Private Ltd bought shares in the company. Data available with NSE showed that Equity Intelligence (PMS) bought 3.21 lakh shares at a price of Rs 235.48 on Monday...........
See full articleHDFC Bank, Maruti Suzuki India, Hindustan Unilever (HUL) and IndusInd Bank from the Nifty50 index hit their respective record high on the National Stock Exchange (NSE), after a strong rally in equity market. These four stocks have rallied in the range of 48% to 61%, so far in calendar year 2017, as compared to 22% rise in the Nifty50 index.................
See full articleAegis Logistics has surged 6% to Rs 196 on BSE after the company reported a healthy 47% year on year (YoY) growth in its consolidated profit after tax at Rs 47 crore in June quarter (Q1FY18). It had posted profit of Rs 32 crore in an year ago quarter................
See full articleLife Insurance Corporation of India (LIC) has sold over 2 per cent shares in public sector Bank of Baroda in a open market sale in past two months. The open market sale of over 2.04 per cent stake (or 4,69,80,180 shares) took place between July 10 to September 1, Bank of Baroda said in a regulatory filing................
See full articleTata Motors, which is on a turnaround drive, saw its domestic commercial vehicles sales grow by 24.35 per cent in the July-August period after a decline of 15.62 per cent in the first quarter of the ongoing fiscal. The sales rose to 59,378 units in the two month period of 2017-18, from 47,750 units in the year-ago period............
See full articleTVS Motor Company reported a sales growth of 16 per cent at 274,303 units in August 2016 to 317,563 units registered in the month of August 2017. Total sales of two-wheeler registered a growth of 15.5 per cent with sales increasing from 267,670 units in August 2016 to 309,146 units in August 2017................
See full articleMaruti Suzuki, the country’s biggest car maker, has reported a strong double digit growth of 26 per cent in domestic passenger vehicle sales for August as dealerships prepare for the festive demand that begins later this month. Maruti’s growth will also ensure a double digit growth in the industry’s sales for the month...............
See full articleShares of Vijaya BankBSE -1.41 % dropped 3 per cent in Tuesday’s trade after the lender launched a Rs 1,000-crore share sale to institutional investors through the qualified institutional placement (QIP) route late on Monday evening................
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