DHFL drew a massive Rs.19,000 crore worth of subscriptions for its public issue of bonds. This reflects easy liquidity conditions and a yearning among investors to lock in high returns in a falling interest rate environment. The issue, which opened on Wednesday, anticipated to raise up to Rs.4,000 crore and was oversubscribed over 18 times. This is the highest ever subscription drawn by a non-convertible debentures issue. This positive movement has led DHFL share price rise over 3%. <p style="ma
Natco Pharma share price surged 7% to Rs 650 and hit 52-week high on NSE in early morning trade, after the company made an announcement that it has received a final approval from USFDA for generic versions ofTamiflu oral capsules. The company announced the final approval of ANDA - abbreviated new drug application containing a paragraph IV certification filed with the USFDA for generic versions of Tamiflu oral capsules, 30 mg, 45 mg and 75 mg. <p style="margin-top: 6px;
Rico Auto share price saw a positive growth for the past few days on BSE after consolidated net profit saw a jump of 264% to Rs 15.58 crore on 8.4% growth in total income to Rs 275.96 crore in June 2016 quarter end as compared to Q1 June 2015. The result was declared after market hours on Friday, 29 July 2016. The stock surged 7.70% to Rs 53.85 this morning. On BSE, as of now, 13.16 lakh shares were traded in the counter as compared to average daily volu
In a filing to NSE on 3rd August 2016 at 18:35 hours Pricol Limited, a leading manufacturer of automotive components for the global automotive market, announced its results for first quarter of FY 2016-17. Meanwhile, Pricol share price is currently trading at Rs 116.40, up by 9.09 per cent. <p s
Allcargo share price was trading 3.06% higher this morning after Rajya Sabha passed the GST Bill yesterday evening. Most of the stocks in the logistics sector such as Snowman Logistics, Patel Integrated, GATI, VRL Logistics, Allcargo Logistics and Transport Corporation of India were down, by 1%-3% before the bill was tabled in the Rajya Sabha. Also, the benchmark S&P, BSE Sensex was 0.50% lower at 27,843. Most market analysts have suggested
Bengaluru:Infosys, Global software major, on Wednesday made an announcement that it will be investing $4 million (Rs.27 cr) in Cloudyn, an Israeli corporation or firm, offering software as a service or Saas solutions for the management and optimisation of hybrid, multi-cloud deployments. The IT major said in a regulatory filing with the BSE that Cloudyn enables enterprises to manage and optimize their hybrid, multi-cloud deployments. The IT behemoth added that the
Siemens disclosed that it has earned a crucial order worth approximately Rs. 217 crore for Power Grid Company of Bangladesh Limited (PGCB) project from Siemens AG, Germany to deliver 400kV / 230 kV Switch Yard Equipments, Reactors, Fire Fighting Systems, Power Transformers, Air-conditioning Systems, Illumination Systems, Auxiliary Power System, Building Management Systems, AC Control and Protections, Engineering for Civil and Plant for 500 MW High Voltage Direct Current (HVDC) Station. This project is a wing of India Bangladesh agreement for Power
NEW DELHI: Ugar Sugar share price fell 5 per cent in morning trade on Wednesday despite posting a profit of Rs 1.1 cr for the June quarter. The flagship unit of Shirgaokar Group of companies, had registered a net loss of Rs 92.60 cr in the same period last year. The total income from operations stood at Rs 83,730.22 lac as compared to Rs 65,209.98 lac posted for the corresponding quarter last year. As of 10:53 am, <a href="https://www.dyna
Berger Paints, the Kolkata-based paint manufacturer announced its Q1FY17 results and earnings, on Wednesday, 3rd August 2016,which surpassed analysts' expectations. The consolidated profit surged by 54.5 per cent on a yearly basis to Rs 120.3 crore, driven by strong operational performance. Though the results for the quarter were more than expectation, <a title="Berger Paints share price" href="https://www.dynamiclevels.com/en/berger-
