हफ्ते के पहले कारोबारी दिन सोमवार को भारतीय शेयर मार्केट में गिरावट देखी जा रही है। सेंसेक्स 118.64 अंक या 0.21% गिरकर 55953.59 पर और निफ्टी 29.60 अंक या 0.18% नीचे गिरकर 16689.90 पर कारोबार कर रहा है।
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Monday, July 25, 2022
सेंसेक्स 118 पॉइंट की गिरावट के साथ 55953 पर, निफ्टी 16690 के नीचे; एक्सिस बैंक और ICICI बैंक में तेजी
Tuesday, July 19, 2022
EPFO likely to increase equity investment limit to 20 percent
A decision may be taken in the EPFO trustee meeting at the end of the month
Retirement fund body EPFO is likely to approve a proposal to increase its investment in equities to 20 per cent from the current limit of 15 per cent this month. According to sources, the proposal will be considered and approved during the meeting of EPFO trustees to be held on July 29 and 30. Currently, EPFO can invest 5 to 15 percent of investable deposits in equity or equity-related schemes.
The proposal to revise the limit to 20 percent has been scrutinized and approved by the Finance Audit and Investment Committee (FAIC), an advisory body of the Employees Provident Fund Organization (EPFO). FAIC's recommendation will be placed before EPFO's highest decision-making body—the Central Board of Trustees (CBT)—for consideration and approval.
The Central Board of Trustees (CBT), headed by the Union Labor Minister, is likely to approve FAIC's recommendation to increase investmentin equity and equity-related schemes from the current 5-15 per cent to 5-20 per cent. In a written reply in the Lok Sabha on Monday, Minister of State for Labor and Employment Rameshwar Teli said, “The sub-committee of FIAC, CBTEPF has recommended a proposal to investment in CBT has reduced the investment pattern for EPF consideration from 5-15 percent to 5-20 percent.
EPFO started investing in Exchange Traded Funds (ETFs) in August 2015 with 5 per cent of its investable deposits in stock-linked products.
The notional return on EPFO's equity-linked investments has increased from 14.67 per cent in 2020-21 to 16.27 per cent in 2021-22 which had been a negative return during Covid. The response also pointed out that the notional rate of return on equity relatedinvestments of EPFO was negative at (-) 8.29 percent in 2019-20 due to the impact of Covid-19.
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Wednesday, March 31, 2021
UltraTech Cement trades higher on prepaying Rs 5,000 crore loan
Ultratech Cement is currently trading at Rs. 6803.55, up by 13.30 points or 0.20% from its previous closing of Rs. 6790.25 on the BSE.
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Tuesday, March 16, 2021
Royal Orchid Hotels shines on opening 8 new properties
Royal Orchid Hotels is currently trading at Rs. 74.10, up by 3.75 points or 5.33% from its previous closing of Rs. 70.35 on the BSE.
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AU Small Finance Bank surges on raising Rs 625.5 crore
AU Small Finance Bank is currently trading at Rs. 1218.75, up by 31.50 points or 2.65% from its previous closing of Rs. 1187.25 on the BSE.
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Wednesday, March 10, 2021
Power Grid inches up on acquiring Ramgarh New Transmission
Power Grid Corporation Of India is currently trading at Rs. 217.50, up by 1.55 points or 0.72% from its previous closing of Rs. 215.95 on the BSE.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 239.00 on 24-Feb-2021 and a 52 week low of Rs. 129.75 on 18-Mar-2020.
Last one week high and low of the scrip stood at Rs. 229.90 and Rs. 213.35 respectively. The current market cap of the company is Rs. 112976.18 crore.
The promoters holding in the company stood at 51.34%, while Institutions and Non-Institutions held 42.27% and 6.39% respectively.
Power Grid Corporation of India, pursuant to its selection as the successful bidder under tariff-based competitive bidding, has acquired Ramgarh New Transmission (RNTL) on March 9, 2021, the Project SPV (special purpose vehicle) to establish transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan (8.1 GW). The entity was acquired for an aggregate value of about Rs 5.61 crore including 50,000 equity shares at par at Rs 10 each along with assets and liabilities of the Company as on the acquisition Date.
Now, the company owns 100 per cent equity in the RNTL. It shall be engaged in the business of transmission of Power. The transmission system (RNTL) comprises establishment of a new 400/220kV Substation, 400kV DIC Transmission lines and associated Substation extension works in Rajasthan. The transmission system is an Inter State Transmission System Project and is to be completed in 18 months.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.
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Bharat Forge gains on making further investment in Aeron Systems
Bharat Forge is currently trading at Rs. 616.50, up by 3.50 points or 0.57% from its previous closing of Rs. 613.00 on the BSE.
The scrip opened at Rs. 620.00 and has touched a high and low of Rs. 620.80 and Rs. 615.20 respectively. So far 9868 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 676.10 on 13-Jan-2021 and a 52 week low of Rs. 207.85 on 07-Apr-2020.
Last one week high and low of the scrip stood at Rs. 648.50 and Rs. 605.80 respectively. The current market cap of the company is Rs. 28540.58 crore.
The promoters holding in the company stood at 45.76%, while Institutions and Non-Institutions held 36.07% and 18.16% respectively.
Bharat Forge has made further investment of Rs 4 crore in its associate company - Aeron Systems by way of purchasing 39,000 equity shares of face value Rs 10 each at a premium of Rs 1,015.64 in accordance with the terms of Shareholders Agreement with Aeron and its founders. Consequently, the company's stake in Aeron has been increased from 26% to 36% (fully diluted).
Bharat Forge is engaged in manufacturing of close die and open die forging, crankshafts, front axle beams, steering knuckle, connecting rods, rocker arm and
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Tuesday, March 09, 2021
PSP Projects moves up on receiving LoA of Rs 1491.34 crore
PSP Projects is currently trading at Rs. 490.70, up by 12.50 points or 2.61% from its previous closing of Rs. 478.20 on the BSE.
Last one week high and low of the scrip stood at Rs. 505.00 and Rs. 467.45 respectively. The current market cap of the company is Rs. 1721.52 crore.
The promoters holding in the company stood at 74.19%, while Institutions and Non-Institutions held 6.68% and 19.13% respectively.
PSP Projects has received Letter of Acceptances (LoA) amounting to Rs. 1491.34 crore (excluding GST) for construction of medical colleges and hospitals at multiple locations at Uttar Pradesh. Additionally, the company has secured new work orders worth Rs 25.58 crore (excluding GST) for residential and institutional projects from various clients in Gujarat.
With receipt of the above, the total work orders received during financial year 2020-21 on standalone basis amounts to Rs 2436.86 crore (excluding GST) and the outstanding order book considering December books stands at Rs 4736.88 crore (excluding GST).
PSP Projects, the Ahmedabad-based firm is a multi-disciplinary construction firm and provides its services ranging from planning and design to construction and post-construction activities.
DCW shines on raising Rs 410 crore through NCDs
DCW is currently trading at Rs. 30.90, up by 0.95 points or 3.17% from its previous closing of Rs. 29.95 on the BSE.
Monday, March 08, 2021
SBI Cards and Payment Services surges on planning to raise up to Rs 2,000 crore
SBI Cards And Payment Services is currently trading at Rs. 1066.85, up by 8.55 points or 0.81% from its previous closing of Rs. 1058.30 on the BSE.
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Saturday, March 06, 2021
Business will be easy:Government can remove more than 6 thousand Compliance, will get relief by filling unregistered form
There are 13 PLI schemes worth Rs 1.97 lakh crore to promote local manufacturing
IT hardware is estimated to have a production value of 3 lakh crore rupees in four years
The government is planning to ease business at both the state and central levels. Government can remove such 6 thousand Compliance. These are processes that no longer have much meaning.
Government wants to ease business
Prime Minister Narendra Modi said that the government wants to ease business. So it is eliminating such things (needs of compliance). He said that we are taking it seriously. The imperative of filling in countless forms has to be eliminated. Modi was addressing a webinar on the Production Linked Incentive (PLI) scheme related to production. He said that the suggestion of industry people is important in this matter.
The effort started last year only
The Department for Promotion of Industry and Internal Trade (DPIIT) secretary Guruprasad Mohapatra said last year that the Center has started identifying wasteful rules in state and central laws. These are the rules that are not needed for companies operating in India. It can be removed. Can be removed to reduce.
Marriet's CEO gave the idea
Mahapatra said the idea came up during Modi's meeting with Arne Sorenson, president and chief executive of Marriott International. He had complained about the complex rules in starting and running a hotel in India. Cited a study by the National Restaurants Association of India (NRAI). He said that to get a license from Delhi Police to open a restaurant, 45 types of documents are required. At least 12 documents have to be collected for new weapon licenses (19) and for fireworks licenses.
Most firms are struggling with governance framework
The survey noted that a major challenge facing most firms is the complexity of the governance framework. It contains a lot of old laws. Modi said that in the case of PLI, the government is also looking at the rules of those countries which have been successful in accelerating the growth by promoting manufacturing. He said that manufacturing firms should make India their base. The number and strength of our domestic industry, our small and medium enterprises (MSMEs) should expand more and more.
520 billion production target
The government has set a target of producing about $ 520 billion in India in the next 5 years. With this, 13 PLI schemes worth Rs 1.97 lakh crore have been announced to promote local manufacturing. Modi said that IT hardware is expected to achieve a production value of 3 lakh crore rupees in four years. There will be an increase of Rs 2.5 lakh crore in telecom gear manufacturing. We should be able to export goods worth 2 lakh crore rupees from it.
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Microsoft email software flaw raises alarms at White House
Newly discovered flaws in Microsoft Corp.’s software for email has raised concerns at the highest levels of the U.S. government, which is urging users to immediately apply patches.
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Friday, March 05, 2021
Reliance Industries gains on the bourses
Reliance Industries is currently trading at Rs. 2180.50, up by 4.80 points or 0.22% from its previous closing of Rs. 2175.70 on the BSE.
The scrip opened at Rs. 2168.00 and has touched a high and low of Rs. 2212.50 and Rs. 2155.00 respectively. So far 404453 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2368.80 on 16-Sep-2020 and a 52 week low of Rs. 867.45 on 23-Mar-2020.
Last one week high and low of the scrip stood at Rs. 2220.00 and Rs. 2063.20 respectively. The current market cap of the company is Rs. 1474604.35 crore.
The promoters holding in the company stood at 50.54%, while Institutions and Non-Institutions held 38.28% and 11.19% respectively.
Reliance Industries’ (RIL) telecom arm -- Reliance Jio Infocomm (Jio) had acquired the right to use spectrum in all 22 circles across India in the recently concluded spectrum auctions conducted by Department of Telecommunications, Government of India. The company acquired spectrum in the 800 MHz, 1800 MHz and 2300 MHz bands.
The company has the highest amount of sub-GHz spectrum with 2X10 MHz contiguous spectrum in most circles. It also has at least 2X10 MHz in 1800 MHz band and 40 MHz in 2300 MHz band in each of the 22 circles.
Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.
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Kotak Mahindra Bank surges after divesting 10% stake in ECA Trading Services to its subsidiary
Kotak Mahindra Bank is currently trading at Rs. 1911.25, up by 13.75 points or 0.72% from its previous closing of Rs. 1897.50 on the BSE.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2048.95 on 16-Feb-2021 and a 52 week low of Rs. 1000.35 on 19-Mar-2020.
Last one week high and low of the scrip stood at Rs. 1924.80 and Rs. 1803.30 respectively. The current market cap of the company is Rs. 380451.43 crore
The promoters holding in the company stood at 26.03%, while Institutions and Non-Institutions held 58.01% and 15.96% respectively.
Kotak Mahindra Bank has divested 10 per cent stake in ECA Trading Services to one of its subsidiaries for nearly Rs 2 crore. Kotak Mahindra Bank has sold 1,09,48,925 equity shares of Rs 10 each (10 per cent of its stake) of ECA Trading Services to Kotak Securities (a wholly-owned subsidiary of the bank), at a consideration of Rs 1.98 crore.
Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.
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Tejas Networks trades higher on the BSE
Tejas Networks is currently trading at Rs. 196.50, up by 3.35 points or 1.73% from its previous closing of Rs. 193.15 on the BSE.
Thursday, March 04, 2021
Computer Age Management Services surges on launching edge360 mobile application
Computer Age Management Services is currently trading at Rs. 1905.45, up by 9.45 points or 0.50% from its previous closing of Rs. 1896.00 on the BSE.
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Adani Ports surges on the BSE
Adani Ports and Special Economic Zones is currently trading at Rs. 744.95, up by 15.40 points or 2.11% from its previous closing of Rs. 729.55 on the BSE.
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Wednesday, March 03, 2021
Engineers India soars on bagging project from Indian Oil Corporation
Engineers India is currently trading at Rs. 89.90, up by 2.85 points or 3.27% from its previous closing of Rs. 87.05 on the BSE.
The scrip opened at Rs. 91.80 and has touched a high and low of Rs. 93.60 and Rs. 89.55 respectively. So far 630794 shares were traded on the counter.
Last one week high and low of the scrip stood at Rs. 93.60 and Rs. 73.30 respectively. The current market cap of the company is Rs. 4892.58 crore.
The promoters holding in the company stood at 51.49%, while Institutions and Non-Institutions held 26.84% and 21.67% respectively.
Engineers India (EIL) has bagged Project from Indian Oil Corporation (IOCL) for execution of Consultancy for Overall Project Management and EPCM Services (Phase II) for Capacity Expansion of Panipat Refinery from 15 MMTPA to 25 MMTPA (P-25 Project). The total awarded order value is around Rs 600 crore with a total project schedule of 40 months for Mechanical Completion.
Engineers India is engaged in the business of providing engineering and related technical services for petroleum refineries and other industrial projects.
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V-Mart Retail spurts on opening new store in Bihar
V-Mart Retail is currently trading at Rs. 2724.20, up by 55.20 points or 2.07% from its previous closing of Rs. 2669.00 on the BSE.
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Tuesday, March 02, 2021
Bharat Dynamics surges on bagging order amounting to Rs 372.98 crore
Bharat Dynamics is currently trading at Rs. 372.15, up by 5.15 points or 1.40% from its previous closing of Rs. 367.00 on the BSE.
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intensify Research - Nazara Technologies gains on integrating with ONDC to launch ‘gCommerce’
Nazara Technologies is currently trading at Rs. 898.60, up by 16.60 points or 1.88% from its previous closing of Rs. 882.00 on the BSE. The ...
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Indian stock market continued to consolidate in morning ahead of expiry of November derivative contracts on Thursday. Indices...
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Shriram Transport Finance is currently trading at Rs. 1269.90, up by 158.55 points or 14.27% from its previous closing of Rs. 1111.35 on the...
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Reliance Industries is currently trading at Rs. 2095.80, up by 11.95 points or 0.57% from its previous closing of Rs. 2083.85 on the BSE. Th...
















