ICICI Securities makes weak debut; ends 14% below issue price on BSE
The stock listed at Rs 431, a 17% lower against its issue price of Rs 520 per share on the BSE, while on NSE the stock opened 16% lower at Rs 43504-04-2018
04-04-2018
M&M; sales shoot up 10% in March, FY18 sales rise 8% at 549,154 units
Automaker Mahindra & Mahindra today reported a 10 per cent increase in total sales at 62,077 units in March as against 56,202 units for the same month last year. In the domestic market, M&M's sales also went up by 10 per cent to 58,653 units last month as against 53,493 units a year earlier, the company said in a BSE filing. Exports were up 26 per cent at 3,424 units as compared to 2,709 units in the same period a year ago. Sales of passenger vehicles stood at 26,555 units compared with 25,523 units in March 2017, up 4 per cent. Commercial vehicle sales also went up 11 per cent to 25,496 units last month against 22,908 units in year ago period, M&M said. Commenting on the outlook, M&M President, Automotive Sector, Rajan Wadhera said: "We are particularly buoyed by the growth of our truck business, which has outperformed the industry. With three of our critical new automotive launches lined up in 2018-19, we are confident of increasing our market share in the utility...02-04-2018
BSE to auction investment limits for govt bonds worth Rs 110 bn
The auction will be conducted on BSE's ebidxchange platform from 3:30 pm to 5:30 pm,02-04-2018
Karda Constructions makes weak debut; lists 24% below issue price
The stock listed at Rs 136, 24% lower against issue price of Rs 180 per share, on the NSE and BSE.02-04-2018
M-cap of BSE-listed cos jumps 20.7 lakh cr in FY18
Investors' wealth surged 20.70 lakh crore during fiscal 2017-18 helped by robust broader market sentiment where the BSE benchmark index rose over29-03-2018
Alkem Labs dips 11% as USFDA issues 13 observations for Daman facility
The stock dipped 11% to Rs 1,858 on the BSE in intra-day trade on back of heavy volumes.28-03-2018
Most equity mutual funds underperform in last 12 months, says report
In terms of returns to investors, most of the equity focused mutual funds have underperformed their respective benchmark S&P BSE indices, for the one year ended December last year, says a report. The findings are a part of S&P Dow Jones Indices' scorecard SPIVA, which tracks the performance of actively managed Indian mutual funds against their benchmarks over one-year, three-year, five-year and 10-year periods. For the one-year ended December 29, about 59.4 per cent of large-cap equity funds and 72.1 per cent of mid and small-cap funds underperformed their respective indices. The SPIVA scorecard also revealed that 34 per cent of the composite bond funds underperformed S&P BSE India bond index over one year. Meanwhile, 53 per cent of the equity large-cap funds underperformed the S&P BSE 100 benchmark index over the three-year period, while 80 per cent of mid/small-cap funds underperformed S&P BSE MidCap index. "As of December-end 2007, there were 127...26-03-2018
Wipro shares hit 8-month low, slip 4% in intra-day
The stock trading 4% lower at Rs 274, extending its past two days 3% decline on the BSE.26-03-2018
BSE's new Public Interest Director
The BSE on Monday said it has appointed former European Commission official David Wright as a Public Interest Director with effect from March 16. David Wright, a graduate in politics, economics and19-03-2018
Want to know how much money your CEO is making? Details here
Want to know how much money your CEO is making? Details hereThe number of senior executives, working with the BSE 500 companies who earned more than Rs 1 crore, increased by 43 to 848 in FY17 from the previous year.19-03-2018