Bear run enters sixth day as Sensex fall 142 pts, Nifty near 17,450

CLOSING BELL: Sectorally, the Nifty Metal index plunged 3 per cent, dragged by Adani Enterprises, which tumbled nearly 5 per cent

9:36 AM

Taylormade Renewables leaps 5% on new order worth Rs 13 crore

The company has won a new work order worth Rs 13.06 crore from Dodhia Chem-Tex Pvt Ltd.

9:35 AM

Kanoria Chemicals and Industries jumps over 6% on setting up of new production facility

The company is setting up a new formaldehyde plant with 300 TPD capacity at the existing manufacturing facility at GIDC, Ankleshwar, Gujarat.

9:33 AM

RVNL rises 1% on new order win

The company has recieved a letter of award from M. P. Madhya Kshetra Vidyut Vitaran Co. for a project worth Rs 196.77 crore.

9:32 AM

West Coast Paper's stock gains 4% as workers call off strike

The company said that the strike of contract workers was called off and production at the paper and paper board division at Dandeli has re-started.

9:30 AM

Sanofi India reports 45% YoY growth in Dec quarter profit; stock zooms 4%

The company has reported a 44.8 per cent rise its net profit to Rs 130.9 crore for the December quarter. Its revenue dipped 2.3 per cent to Rs 671.9 crore compared to last year. Operating margin came in at 24.8 per cent versus 18.5 per cent a year ago.

9:29 AM

Alkem Labs up 1% on receiving EIR from US FDA

The US FDA concluded its inspection at Alkem’s manufacturing facility located at Indore and issued an Establishment Inspection Report (EIR) for the unit. It was inspected between July 1, 2022, to July 7, 2022. In response to Form 483 issued by the US FDA containing one observation, it had submitted a detailed corrective and preventive action (CAPA) plan to the regulator within the stipulated timelines.

9:28 AM

Buzzing stock :: Oletra Greentech sprints over 11% on launch of first green hydrogen bus

The company has developed a hydrogen bus in technical partnership with Reliance Industries.

9:26 AM

Axis bank to complete Citi deal by March 1; stock up about 1%

Private sector lender Axis Bank on Thursday said that the deal to acquire Citibank India’s consumer business and NBFC business of Citicorp is expected to be completed by March 1.

9:25 AM

Adani Transmission extends fall; Fitch reaffirms rating

Fitch has affirmed the ‘BBB-’ rating on senior secured notes issued by the restricted group of Adani Transmission and has said its outlook is stable. The credit assessment reflects the project companies’ availability-based revenue under a supportive regulatory framework, with low technical complexity, reflected in high availability levels. It expects operating performance of entities to remain stable.

9:24 AM

Buzzing stock :: No respite for ZEE even as company challenges insolvency order

The company has been barred from the futures and options (F&O) segment of the National Stock Exchange (NSE) as a result of the bankruptcy board's decision to include the media company in the insolvency process.

 

Besides, its managing director and chief executive officer, Punit Goenka, moved the National Company Law Appellate Tribunal (NCLAT) on Thursday, seeking relief against the order. 
 

9:22 AM

Broader markets :: BSE Mid, SmallCap indices outshine peers

9:21 AM

Sectoral trends :: All but Metal, Media indices swim in green; PSU bank index top performer

9:19 AM

Sensex Heatmap :: Only 6 stocks decline in early deals; Airtel, Bajaj Finserv, Infy top gainers

9:18 AM

Opening Bell :: Nifty starts in the positive zone

9:17 AM

Opening Bell :: Sensex up 200 pts