Overnight Digest: Stocks to look out for on January 24 Overnight Digest: Stocks to look out for on January 24 Nikita Singh / Tuesday, January 23, 2018 0 3702 Article rating: 4.2 Stocks that are likely to witness a significant movement on the bourses on January 24, 2018 are Wipro Limited, Shriram EPC Limited, RBL Bank Limited, Aurionpro Solutions Limited, Can Fin Homes Limited and Welspun Corp Limited. Read more
Bharat Dynamics files draft papers for IPO Bharat Dynamics files draft papers for IPO Nikita Singh / Tuesday, January 23, 2018 0 2314 Article rating: 5.0 Becoming the fourth PSU in line to get listed in 2018, defence PSU Bharat Dynamics filed its draft red herring prospectus with market regulator SEBI to roll out its initial public offer on Tuesday. Read more
Metal index rebounds, Vedanta breaches multi-year high Metal index rebounds, Vedanta breaches multi-year high Bhagyashree Vivarekar / Tuesday, January 23, 2018 0 2474 Article rating: No rating Robust performance from metal majors uplifted the benchmark indices to close at all-time high with nearly a per cent gain from the previous close. Nifty Metal index rose as much as 4 per cent majorly driven by 5.2 per cent gains in Vedanta. Read more
ONGC to sell stakes in IOC, GAIL ONGC to sell stakes in IOC, GAIL Gayathri Udyawar / Tuesday, January 23, 2018 0 2032 Article rating: No rating For funding the Rs. 36,915 crore HPCL deal, ONGC has received government approval to sell stakes in IOC and GAIL. Given the levels that the benchmark indices are trading these days, it is fair to assume that government wants to expedite the 51.11 per cent stake sale of HPCL to ONGC. Read more
IOC surges on consideration of bonus share IOC surges on consideration of bonus share Nikita Singh / Tuesday, January 23, 2018 0 5274 Article rating: 4.3 India’s largest commercial enterprise Indian Oil surged by over 4 per cent on the bourses on Tuesday as the company announced that its board is likely to consider issuance of bonus shares in its upcoming board meeting on January 30, 2018. Read more