Category: Stock

Nifty above 10,350 mark; Infosys stock rises 2.5%

Indian equity benchmarks were trading firmly higher led by gains index heavyweights Reliance Industries, Infosys and HDFC. Infosys, Infratel, IndusInd Bank, GAIL and Aurobindo Pharma were the top gainers, while Hindalco, Vedanta, Tata Steel,...

Govt plans to make ethanol from surplus food grains

The government is planning to use foodgrains during surplus production years for production of ethanol that can be blended with petrol, in a bid to widen the availability of raw materials needed for making...

Bharti Airtel expresses interest in RCom assets

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the...

Siemens Q4FY17 standalone net profit declines 74.1% yoy

Siemens Ltd Q4FY17 Standalone Results Q4FY17: (Rs. in crore)Q4FY17YoY (%) Revenue 3,142[2.4] EBITDA 31714.9 EBITDA Margin (%) 10.1153 Net Profit (adjusted) 457[74.1]***EBITDA margin change is bps View Accumulate Reco. Price 1224 Last updated on...

Pest attack dampens India's cotton export outlook

India is likely to export less cotton than previously estimated as pink bollworms are set to eat into output which was earlier expected to hit a record. This year exportable surplus will be around...

Swaraj Engines stock climbs 12%; board to mull share buyback

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the...

Sensex, Nifty rally; IT, Auto Index gain

Indian equity benchmarks continued to trade steady, holding on to its opening gains, while the Nifty continued to hold 10,350. IndusInd Bank, Infosys, Infratel, Bajaj Finance and Tech Mahindra were the top gainers, while...