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vedanta: Rising commodities to keep Vedanta's investors happy


Rising commodities to keep Vedanta’s investors happy
Along with higher realisation, performance was also boosted by record-high production and record-low costs in zinc, aluminium and oil and gas businesses, which contributed 45 per cent, 30 per cent and 12 per cent to Ebitda, respectively.
Synopsis
With higher commodity prices, the Ebitda for the September quarter is expected to be close to Rs 11,000 crore and expected to close the year with an annual Ebitda of over Rs 40,000 crore Ebitda. Growth capex guidance for FY22 is $1.1 billion against $0.3 billion incurred last year.
Mumbai: Vedanta’s stock has gained 26 per cent in the past one month, and the momentum may continue, given the company will continue to benefit from rising commodity prices. ....

Commodity Prices , பண்டம் ப்ரைஸஸ் ,

Market Movers: What's fueling Asian Paints; HUL's race to catch Infosys; ITC's good day


Market Movers: What’s fueling Asian Paints; HUL’s race to catch Infosys; ITC’s good day
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Market Movers: What’s fueling Asian Paints; HUL’s race to catch Infosys; ITC’s good dayBy
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Asian Paints managed to have its best day in nearly a year by rising 8.5 per cent following some bubbly commentary by the company’s management.
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MUMBAI: Asian Paints’ stock redefined rebel today. On a day when the benchmark indices struggled to pick themselves from their post-holiday snooze,
Asian Paints was having none of it.
The stock managed to have its best day in nearly a year by rising 8.5 per cent following some bubbly commentary by the company’s management. The management said that it was confident that demand will be back soon once the disruption from the second Covid wave subsides. ....

Asian Paint , Asian Paints , Nifty Metal , Stock In News , Who Moved My Market , Post Market , ஆசிய பெயிண்ட் , ஆசிய வண்ணப்பூச்சுகள் , நிஃப்டி உலோகம் , ஸ்டாக் இல் செய்தி , ஹூ நகர்த்தப்பட்டது என் சந்தை , போஸ்ட் சந்தை ,

US stocks extend recovery; dollar, bond yields dip


US stocks extend recovery; dollar, bond yields dip
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15 May 2021 01:55AM
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NEW YORK: U.S. stocks extended their recovery on Friday as investors set aside inflation worries and bought shares hammered by the week s volatility, with the shift back into riskier assets dragging on the dollar.
The jump in shares was in step with buoyant global stocks as investors bet that the U.S. Federal Reserve will not need to raise interest rates sooner than expected to cool prices and reduce the gush of cash that has propelled financial markets.
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By mid-day, shares had added to early gains and the Dow Jones Industrial Average rose 1per cent, the S&P 500 climbed 1.5per cent, and the Nasdaq Composite leapt 2.1per cent. ....

New York , United States , City Of , United Kingdom , Simon Jessop , Elon Musk , Tim Ghriskey , Nick Zieminski , Mark Heinrich , Microsoft Corp , Apple Inc , Federal Reserve , Tesla Inc , Dow Jones Industrial Average , Nasdaq Composite , Inverness Counsel , Texas Intermediate , Koh Gui Qing , Marguerita Choy , Business And Finance , Treasury Yield , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , சிமோன் ஜெஸொப் ,

US stocks surge in recovery; dollar, bond yields dip


US stocks surge in recovery; dollar, bond yields dip
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US stocks surge in recovery; dollar, bond yields dip
NEW YORK :U.S. stocks rallied in a sharp rebound on Friday as investors set aside inflation worries and bought shares hammered by the week s volatility, with the shift back into riskier assets dragging on the dollar.
FILE PHOTO: A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 26, 2016. REUTERS/Shailesh Andrade
15 May 2021 01:55AM
(Updated:
15 May 2021 05:05AM)
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NEW YORK -U.S. stocks rallied in a sharp rebound on Friday as investors set aside inflation worries and bought shares hammered by the week s volatility, with the shift back into riskier assets dragging on the dollar. ....

New York , United States , City Of , United Kingdom , Simon Jessop , Elon Musk , Tim Ghriskey , Jonathan Oatis , Nick Zieminski , Mark Heinrich , Microsoft Corp , Apple Inc , Tesla Inc , Dow Jones Industrial Average , Nasdaq Composite , Inverness Counsel , Texas Intermediate , Koh Gui Qing , Marguerita Choy , Business And Finance , S Amp P , Treasury Yield , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் ,