Balrampur Chini Mills gain after ICICI Bank invests in NBFC arm
Balrampur Chini Mills gain after ICICI Bank invests in NBFC arm

Balrampur Chini Mills gain after ICICI Bank invests in NBFC arm

Avalokita Pandey Article rating: 4.5

ICICI Bank Limited informed that it has entered into an agreement to invest Rs 51.09 crore in Balrampur Chini Mills’ associate company-Auxilo Finserve Private Limited. Post this investment, Balrampur Chini Mills was today locked in 10 per cent upper circuit at Rs 90.

Jubilant FoodWorks bounce from upward sloping trendline support
Jubilant FoodWorks bounce from upward sloping trendline support

Jubilant FoodWorks bounce from upward sloping trendline support

Vinayak Gangule Article rating: 4.2

Considering the weekly timeframe, the stock of Jubilant FoodWorks Limited has bounced back from the edge of the rising trendline support that is formed by connecting the swing lows from October 2018 and coinciding with long-term moving average, i.e. 200-week EMA level. 

Shriram Transport Finance forms piercing line pattern
Shriram Transport Finance forms piercing line pattern

Shriram Transport Finance forms piercing line pattern

Vinayak Gangule Article rating: 3.5

The stock of Shriram Transport Finance Company Limited has formed a piercing line candlestick pattern on the weekly time frame. The piercing line candlestick pattern is considered to be a bullish reversal pattern and usually, occurs at the bottom of a downtrend.

Tata Motors board plans to subsidiarise passenger vehicle business
Tata Motors board plans to subsidiarise passenger vehicle business

Tata Motors board plans to subsidiarise passenger vehicle business

Rishikesh Gaikwad Article rating: 2.3

The board of directors of Tata Motors Limited (TML) has in-principle approved to subsidiarise TML's passenger vehicle (PV) business, including EV by transferring relevant assets, IPs and employees directly relatable to the PV business for it to be fully functional on a standalone basis through a slump sale.

ITC sets up Rs 150 crore COVID-19 contingency fund
ITC sets up Rs 150 crore COVID-19 contingency fund

ITC sets up Rs 150 crore COVID-19 contingency fund

Apurva Joshi Article rating: 4.0

In order to provide relief to the vulnerable and most needy sections of the society, who have been harshly impacted by the pandemic and have faced significant disruption in their livelihoods, the company is setting up a contingency fund of Rs 150 crore.

Maharashtra Seamless acquire offshore rig; stock plunges
Maharashtra Seamless acquire offshore rig; stock plunges

Maharashtra Seamless acquire offshore rig; stock plunges

Avalokita Pandey Article rating: 2.7

Maharashtra Seamless Limited announced that it has acquired an offshore jack-up drilling rig. Despite this, the stock was listed as the biggest loser in BSE's 'A' group in today’s trading session.

Do not overlook these good money habits
Do not overlook these good money habits

Do not overlook these good money habits

Henil Shah Article rating: 5.0

Good money habits are often overlooked due to behavioural biases and market noise. In this article, we have listed some of the good money habits that you should never overlook.

CRISIL cuts India growth forecast
CRISIL cuts India growth forecast

CRISIL cuts India growth forecast

Amir Shaikh Article rating: 3.0

Rating agency-CRISIL has cut its growth estimate for India to 3.5 per cent for the next financial year (FY21) amid severe dent in the economic activity due to COVID-19 pandemic

RBI reduces repo rate to combat COVID-19 impact
RBI reduces repo rate to combat COVID-19 impact

RBI reduces repo rate to combat COVID-19 impact

Rishikesh Gaikwad Article rating: 4.0

Reserve Bank of India (RBI) today announced a 75 bps cut in policy repo rates. The repo rates will be reduced from 5.15 per cent to 4.4 per cent. The reverse repo rate has been reduced by 90 bps to four per cent. 

Laurus Labs donate tablets & fund to fight COVID-19
Laurus Labs donate tablets & fund to fight COVID-19

Laurus Labs donate tablets & fund to fight COVID-19

Rishikesh Gaikwad Article rating: 5.0

Laurus Labs Limited extended its support to Governments of Telangana & Andhra Pradesh in the fight to save the lives of those affected or may affect due to COVID-19 spread in both the states.

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