Thursday, May 22, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

RIL Share price: Stocks in the news: Coal India, Oil companies, telcos, auto manufactures and ZEEL

by Euro Times
October 3, 2022
in Business
Reading Time: 4 mins read
A A
0
Home Business
Share on FacebookShare on Twitter


Nifty futures on the Singapore Exchange traded 127.5 points, or 0.75 per cent lower at 16,960.50, signaling that Dalal Street was headed for a negative start on Monday. Here are a dozen stocks which may buzz the most in today’s trade:

Oil companies: The government cut the windfall profit tax on locally-produced crude oil and diesel on Saturday, in line with a fall in international rates, and scrapped the levy on the export of jet fuel with effect from October 2. The government reduced the tax on domestically-produced crude oil to Rs 8,000 per tonne from Rs 10,500 per tonne.

Telcos: Telecom companies will be at the focus as Prime Minister Narendra Modi launched the 5G telephony services that promise to provide ultra high-speed internet on mobile phones, saying it marks the beginning of a new era and presents an infinite sky of opportunities.

Gas distributors: Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were hiked by a steep 40 per cent to record levels, in step with global firming up of energy rates.

Auto manufacturers: Auto stocks, including two-wheelers, four wheelers and commercial vehicle makers, will also be buzzing at the dalal street after announcing their sale unit for the month of September on the weekend. The numbers would give key guidance of demand ahead of the festive season.


Coal India:
The state run coal miner said its coal production in September 2022 increased by 12.3 per cent to 45.7 million tonnes, and offtake rose by 1.1 per cent to 48.9 million tonnes compared to same period last month. However, these are provisional numbers.

: The drug maker said it has received approval from the US health regulator to market Sildenafil for oral suspension, used to treat pulmonary hypertension, in the American market. The company has received approval from the US Food and Drug Administration (USFDA) to market the product.

LIC Housing Finance: The mortgage lender hiked its lending rates by 0.50 per cent, hours after a similar move by the RBI. The company increased the LIC Housing Prime Lending Rate by 0.50 per cent. LHPLR is the benchmark rate to which the interest rate on LIC HFL’s loans are linked.

Zee Entertainment Enterprises: Shareholders of the media company approved all eight resolutions in the Annual General Meeting of the company. The resolution for the re-appointment of its Managing Director Punit Goenka on board was also approved at the 40th AGM with the required majority.

APL Apollo Tubes: The steel tube maker registered the highest quarterly sales volume of 6.02 lakh tonnes in Q2FY23, up 41 per cent on a yearly basis. The sales volume for the first half of FY23 was 10.25 lakh tonnes compared to 8 lakh tonnes in the same period last year.

: The newly launched Akasa Air has partnered with the SaaS provider for gathering real-time air travel information that will help the airline in deciding dynamic fares. RateGain said its AI-powered platform AirGain provides the airline’s revenue and pricing teams with the most accurate and reliable market insights.

Bank of Baroda: Competition Commission of India (CCI) has cleared Bank of Baroda’s proposed acquisition of a 21 per cent stake in IndiaFirst Life Insurance. The transaction involves the Bank’s acquisition of 21 per cent shareholding of IndiaFirst Life Insurance Company from

.

: Care Ratings has upgraded the long-term rating of the NBFC and and its subsidiary named Poonawalla Housing Finance to ‘AAA’ with a stable outlook. This rating is applicable for bank loan facilities, non-convertible debentures, market-linked debentures and subordinated debt.

Dilip Buildcon: The civil construction company received a provisional completion certificate for rehabilitation and up gradation from two to four lane for Varanasi – Dagamagpur section of the National Highway-7 on EPC mode in Uttar Pradesh. With this, the authority declared the project fit for entry into commercial operations.

: Rating agency Crisil has removed the company from ‘watch with developing implications’ and reaffirmed rating as ‘A’ with a stable outlook for bank loan facilities worth Rs 3,500 crore.

: The dairy firm said its premium milk brand Pride of Cows has now entered Ahmedabad where it will provide fresh cow milk straight from its Bhagyalakshmi Dairy Farm near Pune. Following positive responses to Pride of Cows in Mumbai, Delhi, Pune and Surat, the brand has now entered the Ahmedabad market.

: The smallcap realty firm has received orders worth Rs 177 crore from various oil and gas distribution companies during the quarter ended September 30, 2022. The total outstanding order book of the company as on September 2022 is Rs 1,125 crore.

Madras Fertilisers: The fertilizers firm has signed an MoU to annually import 30,000 tonnes of phosphoric acid solution from Dubai-based Agrifields to boost the availability of non-urea nutrients for three years. This is a significant step toward improving the availability of DAP and NPK fertilisers for Indian farmers.

: The smallcap logistics solution provider has approved the allotment of conversion of the unsecured foreign currency convertible bonds (FCCBs) of $2 million after the allottee trustee exercised the option for the same at the conversion price of Rs 250 each.

: The company will provide software support services to

(MCX) for three months effective from October 1. Its ongoing software support and maintenance agreement ended on September 30.

: Mayur Toshniwal has resigned as a director of the debt ridden company with effect from September 30, 2022. With his resignation, Mayur has also ceased to be Managing Director of the Future Group firm.


:
The smallcap NBFC has completed a securitization transaction of Rs 121.56 crore on September 30. This is the fourth securitization transaction carried out by the company during the FY23. The entire pool is from the non – priority sector and has been taken after considering the RBI guidelines.



Source link

Tags: AutoCoalcompaniesIndiamanufacturesNewsOilPriceRILSharestockstelcosZEEL
Previous Post

US Secretary of State Blinken Celebrates Nordstream Pipes Bombing, Says It’s a Tremendous Strategic Achievement – Investment Watch

Next Post

Stride Stock: Learning Technology | Seeking Alpha

Related Posts

MEA Spokesperson on Turkey-Pakistan Relations: India urges Turkey to pressure Pakistan on cross-border terrorism

MEA Spokesperson on Turkey-Pakistan Relations: India urges Turkey to pressure Pakistan on cross-border terrorism

by zee business
May 22, 2025
0

India expects Turkiye to strongly urge Pakistan to finish its assist to cross-border terrorism, mentioned Ministry of Exterior Affairs (MEA)...

Profit Falls 19%, Misses Estimates

Profit Falls 19%, Misses Estimates

by Varsha Chandnani
May 22, 2025
0

Solar Pharmaceutical Industries Ltd.'s revenue declined within the fourth quarter of fiscal yr 2024-25, thereby lacking the estimates shared by...

ONGC posts ₹8,856 crore profit in Q4 FY25

ONGC posts ₹8,856 crore profit in Q4 FY25

by Euro Times
May 22, 2025
0

State-run ONGC reported a 20 per cent year-on-year (y-o-y) decline in its consolidated web revenue to ₹8,856 crore throughout This...

Tyre stocks are a safe bet amid auto sector uncertainty and falling rubber prices: Anshul Saigal

Tyre stocks are a safe bet amid auto sector uncertainty and falling rubber prices: Anshul Saigal

by Euro Times
May 22, 2025
0

"As you rightly talked about rubber costs have been sort of easing off in latest occasions and because of this,...

Here’s What’s Fueling A Potential 10x Surge In Lucid Stock (NASDAQ:LCID)

Here’s What’s Fueling A Potential 10x Surge In Lucid Stock (NASDAQ:LCID)

by Rick Orford
May 21, 2025
0

This text was written byObserveRick is a Wall Road Journal best-selling writer with over 20 years of expertise buying and...

Why Tariffs Might Be a Golden Opportunity for Resellers

Why Tariffs Might Be a Golden Opportunity for Resellers

by Andrea Vargas
May 22, 2025
0

Tariffs, tariffs, tariffs. That’s what’s been on each enterprise proprietor’s and shopper’s thoughts for the reason that February 2025 announcement...

Next Post
Stride Stock: Learning Technology | Seeking Alpha

Stride Stock: Learning Technology | Seeking Alpha

‘Connect Wallets, Share NFTs’: Meta Users in the US Get Feature on Facebook, Instagram

‘Connect Wallets, Share NFTs’: Meta Users in the US Get Feature on Facebook, Instagram

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

MEA Spokesperson on Turkey-Pakistan Relations: India urges Turkey to pressure Pakistan on cross-border terrorism

MEA Spokesperson on Turkey-Pakistan Relations: India urges Turkey to pressure Pakistan on cross-border terrorism

May 22, 2025
Warning! Malicious Chrome extensions found mimicking legit tools

Warning! Malicious Chrome extensions found mimicking legit tools

May 22, 2025
New SEC Chief on Board with Letting Retail Chumps Invest in Private Equity Even as Pros Like Kuwait Sovereign Wealth Fund Sound Red Alert

New SEC Chief on Board with Letting Retail Chumps Invest in Private Equity Even as Pros Like Kuwait Sovereign Wealth Fund Sound Red Alert

May 22, 2025
Celestica – Lastly An AI Play That Is Not Buying and selling At Too Elevated Valuations (NYSE:CLS)

Celestica – Lastly An AI Play That Is Not Buying and selling At Too Elevated Valuations (NYSE:CLS)

May 22, 2025
Bitcoin’s New All-Time High Pushes Market Value Past Amazon

Bitcoin’s New All-Time High Pushes Market Value Past Amazon

May 22, 2025
EU backs tariffs on fertiliser imports from Russia, Belarus | Russia-Ukraine war News

EU backs tariffs on fertiliser imports from Russia, Belarus | Russia-Ukraine war News

May 22, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

MEA Spokesperson on Turkey-Pakistan Relations: India urges Turkey to pressure Pakistan on cross-border terrorism

Warning! Malicious Chrome extensions found mimicking legit tools

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In