Stock

Hela June 1, 2019

(Kolkata’s Arun Mukherjee, who dropped out of college to turn a full-time investor at an early age, and Soumya Malani, a London School of Economics alumnus, have come to be known as smallcap aficionados within India’s investor community. They would show up at most AGMs, visit the remotest factories of a company and go chasing […]

Hela May 28, 2019

Despite reporting a loss in the fourth quarter of 2018-19, analysts are getting bullish on Indian Bank. This is because the loss was due to increased provisioning. However, this increased provisioning has helped Indian Bank improve its provision coverage ratio to 65.7% from 60.9%, quarteron-quarter (q-o-q). It also helped the lender bring down its net nonperforming assets (NPAs) to […]

Hela May 11, 2019

New York: Uber Technologies Inc’s shares fell nearly 9% in their debut on Friday, marking a rocky start to one of the most high-profile US initial public offerings since Facebook Inc’s seven years ago. The stock’s opening at $42 (Rs 2,940) undermined Uber’s strategy to price its oversubscribed IPO conservatively at $45 (around Rs 3,150) per […]

Hela May 10, 2019

While the concerns last week hovered around US decision to withdraw waivers on imports from Iran that led to a rise in crude oil prices and fall in equity markets, a growing concern over escalation of US-China trade war has spooked the market worldwide. The benchmark Sensex at the Bombay Stock Exchange fell sharply by […]

Hela April 12, 2019

The wall of worry surrounding Asia’s double-digit stock market growth this year just got another impetus: equity ETFs inflows have dwindled. Despite a 9 percent increase to $502 billion in assets under management for Asia equity exchange-traded funds so far this year, net inflows have been tapering off, according to data compiled by Citigroup Inc. On top […]

Hela March 18, 2019

NLC India declares dividend: Board of directors of the company declared an interim dividend of 45.30 percent (Rs 4.53 per equity share) for the financial year 2018-19. Mar 18, 03:22 PM (IST) Essar Steel case: NCLAT directs for implementation of Arcelor resolution plan. NCLAT granted conditional nod to Arcelor’s Rs 42,000 crore bid for company, reported […]

Hela March 17, 2019

KOLKATA: Coal stock position at power plantshave improved considerably with number of plants holding critical stocks declining to one this week. It tipped to 33 during mid-October last year. GMR’s Warora Thermal Power Station, the only plant with critical stock, however, is currently holding 4 days stock according to data compiled by Central Electricity Authority (CEA). A senior Coal […]