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Max Financial records Q4 PAT of Rs 70 cr

Read more about Max Financial records Q4 PAT of Rs 70 cr on Business Standard. On a consolidated basis, Max Financial Services reported a net profit of Rs 70 crore in Q4 FY21, steeply higher than net profit of Rs 6.7 crore in Q4 FY20. ....

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Sensex slips 316 pts, Nifty ends below 15,650 amid profit booking

Equity indices ended a volatile session with steep losses on Wednesday, led by weakness in banks and auto shares. The Nifty hit a record high of 15,800.45 in early afternoon trade. However, a sharp round of selling in afternoon trade dragged the benchmarks lower. All the sectoral indices on the NSE were in the red.
As per the provisional closing data, the barometer index, the S&P BSE Sensex, slipped 315.96 points or 0.6% at 51,959.34. The Nifty 50 index lost 99.4 points or 0.63% at 15,640.40.
Selling was broad based. The S&P BSE Mid-Cap index skid 0.55% while the S&P BSE Small-Cap index declined 0.76%.
The market breadth was negative. On the BSE, 1,465 shares rose and 1,722 shares fell. A total of 153 shares were unchanged. ....

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Bharat Forge in demand after turnaround Q4 numbers

Read more about Bharat Forge in demand after turnaround Q4 numbers on Business Standard. Bharat Forge jumped 5% to Rs 730.65 after the company posted a standalone net profit of Rs 205.5 crore in Q4 FY21 compared with net loss of Rs 73.2 crore in Q4 FY20. ....

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Volumes soar at Bombay Burmah Trading Corporation Ltd counter

Bombay Burmah Trading Corporation Ltd clocked volume of 3.63 lakh shares by 10:48 IST on BSE, a 37.48 times surge over two-week average daily volume of 9698 shares
Shoppers Stop Ltd, Jindal Stainless Ltd, KEI Industries Ltd, Alok Industries Ltd are among the other stocks to see a surge in volumes on BSE today, 03 March 2021.
Bombay Burmah Trading Corporation Ltd clocked volume of 3.63 lakh shares by 10:48 IST on BSE, a 37.48 times surge over two-week average daily volume of 9698 shares. The stock gained 1.55% to Rs.1,216.50. Volumes stood at 20962 shares in the last session.
Shoppers Stop Ltd clocked volume of 2.22 lakh shares by 10:48 IST on BSE, a 14.81 times surge over two-week average daily volume of 15020 shares. The stock gained 15.39% to Rs.244.80. Volumes stood at 4789 shares in the last session. ....

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Bharti Airtel, Tata Motors, ONGC to be watched

Bharti Airtel informed that the meeting of the board of directors of the company is scheduled on 17 February 2021 to discuss the future strategic plans and reorganization of shareholding framework of subsidiary company(ies) which may result in consolidation/ acquisition of shares of subsidiary company(ies), the consideration of which may be discharged through issuance of equity shares of the company on a preferential basis and/ or cash.
Tata Motors said that Marc Llistosella has been appointed to the role of chief executive officer and managing director of the company effective 1 July 2021. Marc Llistosella will replace Guenter Butschek who informed his desire to relocate to Germany at the end of the contract for personal reasons. Butschek will continue to be a part of Tata Motors as the MD & CEO till 30 June 2021. ....

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