ICRA opines on domestic penetration of electric vehicles; believes it may remain low in medium-term ICRA opines on domestic penetration of electric vehicles; believes it may remain low in medium-term Nidhi Jani / Tuesday, September 22, 2020 / Article rating: 4.2 It further said the modality of vehicle financing in a battery-swappable model, where the core battery is owned/leased by a third party and financiers only have control over the residual vehicle, is another challenge.
SAIL doubles crude steel production capacity SAIL doubles crude steel production capacity Pratik Shastri / Tuesday, September 22, 2020 / Article rating: 3.6 The government also has formed a ‘National Steel Policy’, which aims this achievement of 300 MTPA crude steel capacity by 2030. It has further taken certain steps toward fulfilling this goal.
Nifty trend and stocks in action on September 22, 2020 Nifty trend and stocks in action on September 22, 2020 Karan Dsij / Tuesday, September 22, 2020 / Article rating: 4.8 The level of 11,185 is an important support in the near term. Hence, keep a close tab on this level while on the upside, the level of 11,340 would act as immediate resistance. Stocks in news: Jindal Steel & Power, Karda Constructions, TCS, L&T.
After a fall, indices set to smile at start! After a fall, indices set to smile at start! Karan Dsij / Tuesday, September 22, 2020 / Article rating: 5.0 After a 'black Monday', the early cues from SGX Nifty indicate that the bulls would try to regroup and stage a comeback on D-Street as SGX Nifty is trading up by 30 points at 11,274 levels.
IPO analysis: Angel Broking IPO analysis: Angel Broking Shashikant Singh / Monday, September 21, 2020 / Article rating: 3.1 Angel Broking, one of the largest retail broking houses in India in terms of active clients on NSE, is coming out with its IPO today. Read on to find out if you should subscribe to the issue.
Ramco Systems hits 52-week high after getting order from CHI Aviation Ramco Systems hits 52-week high after getting order from CHI Aviation Ganesh V / Monday, September 21, 2020 / Article rating: 5.0 Ramco Systems today announced that it had signed an agreement with CHI Aviation for delivering the full suite Ramco Aviation Software.
Monday Mayhem: Reasons behind Sensex & Nifty fall Monday Mayhem: Reasons behind Sensex & Nifty fall Geyatee Deshpande / Monday, September 21, 2020 / Article rating: 4.7 On Monday, a huge sell-off was seen in the domestic markets across various sectors such as metal, banks, realty, auto, etc.
National Fertilizers near four-year low on BSE despite double-digit sales growth National Fertilizers near four-year low on BSE despite double-digit sales growth Nidhi Jani / Monday, September 21, 2020 / Article rating: 4.3 Despite the sales & volume growth, the price realisations and delay in the payment of subsidy remain as the key challenges to the company. Further, the lack of availability of domestic gas to fertiliser sector and increasing trend in the price of spot RLNG, volatile prices of fertilisers in the international market add vows to the company.
Karda Constructions begin Destination One Mall building work; stock jumps 5 per cent Karda Constructions begin Destination One Mall building work; stock jumps 5 per cent Nidhi Jani / Monday, September 21, 2020 / Article rating: 4.3 The company has commenced the building construction work of Destination One Mall in Nashik, against the work order, worth Rs 33 crore, awarded by Shree Sainath Land & Development (India).
SBI Cards collaborates with Google SBI Cards collaborates with Google Nidhi Jani / Monday, September 21, 2020 / Article rating: 4.5 In the recent quarter (Q1FY21), the company’s NPA declined by 33 bps, and credit cost declined by 552 bps QoQ. The company also beat the estimates with a jump in profit, supported by a strong net interest income (NII), lower operating expenses, and lower-than-expected provisioning.