InterGlobe Aviation said the board of directors of the company has approved raising upto Rs 3,000 crore through a QIP process.
Punjab National Bank (PNB) has informed BSE that the meeting of the board of directors of the bank is scheduled on 14 May 2021, to consider and approve Qualified Institutions Placement of equity shares.
Indian Overseas Bank (IOB) informed that the meeting of the board of directors of the bank is scheduled on 17 May 2021 to consider and approve allotment of equity share to GoI on preferential basis
Nava Bharat Ventures informed that the company has synchronized the 60MW IPP in Odisha with the Grid and has commenced power flows for merchant trade henceforth.
Here are the top stocks to track in today s session
Earnings Today: A total of 28 companies are slated to post their March quarter numbers today, including Siemens, Dishman Carbogen, KEC International, Linde India and Kalpataru Power Transmission.
HFCL: The company posted a multifold jump in its consolidated net profit to Rs 86.47 crore in the quarter ended March 31, 2021. The company had posted a net profit of Rs 8.7 crore in the corresponding period of the previous year.
IndiGo: InterGlobe Aviation, parent of the country s largest airline IndiGo said its board has approved raising up to Rs 3,000 crore through the sale of shares to institutional investors.
JMC Projects posted a consolidated net profit of Rs 41.44 crore for January-March quarter
The domestic stock markets are likely to open in the red on the back of negative global cues. Trends on SGX Nifty indicate a gap-down opening for the index in India, with a 205-points loss. At 7:30 am, the Nifty futures were trading at 14,783, weaker by 205 points or 0.1.7 per cent on the Singapore Stock Exchange.
On Monday, the BSE Sensex gained 295.94 points to close at 49,502.41 and the Nifty rose 119.20 points to 14,942.40 to gain for the fourth day in a row.
Stocks to watch in trade in today s session
Sensex Slumps Over 400 Points; Metals, Financials Weak The domestic stock market seemed on course to snap a four-session rally, on the back of weakness in metal and financial shares; the Nifty Metal index has dropped 3 per cent and Nifty Bank index slid 1.6 per cent
Updated: May 11, 2021 1:55 pm IST
The Sensex and Nifty hadgained about 2.5 per cent and 3 per cent respectively over last four sessions
The domestic stock markets remained under pressure in noon trading, seeming on course to snap a four-session rally, on the back of weakness in metal and financial shares. At 1:35 pm, the BSE Sensex was trading at 49,029.65, weaker by 470.31 points or 0.96 per cent and the NSE Nifty was at 14,808.25, down 134.75 points or 0.89 per cent. The broader markets are out-performing their largecap peers, with the BSE Midcap index and BSE Smallcap index gaining 0.1 per cent and 0.6 per cent respectively.
InterGlobe Aviation Gains Nearly 1% On Fund-Raising Plans InterGlobe Aviation Gains Nearly 1% On Fund-Raising Plans The fund raising plan comes at a difficult time for the airline industry as the coronavirus pandemic has resulted in a decline in passenger demand
At 10:20 am, InterGlobe Aviation shares were trading higher by 0.51 per cent on BSE
InterGlobe Aviation shares gained nearly 1 per cent in a weak market as the airline has announced plans to raise Rs 3,000 crore. At 10:20 am, the shares of InterGlobe Aviation, the parent of Indigo Airlines, were trading at Rs 1,686.55, higher by 0.51 per cent, on the BSE. The Board of Directors of InterGlobe Aviation, at its meeting held today, i.e. May 10, 2021, approved raising of funds for an aggregate amount not exceeding up to Rs 3,000 crore , InterGlobe Aviation said in a regulatory filing to the stock exchanges.