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Reliance Industries, Rossari Biotech, Tata Power and other stocks to watch out for on June 3


​Reliance Industries, Rossari Biotech, Tata Power and other stocks to watch out for on June 3​
Jun 3, 2021
Reliance Industries
It will complete the separation of its oil-to-chemicals business into a subsidiary by the end of 2021. Jio and Qualcomm have successfully tested 5G solutions, achieving 1Gbps speeds. It has also made a pre-payment of $7.8 billion long-term foreign currency debt.
Credit: BCCL
Rossari Biotech
It will acquire Unitop Chemicals, which supplies surfactants, emulsifiers and specialty chemicals, in a deal worth ₹421 crore.
Credit: Rossari-Biotech
Tata Power
Its subsidiary, Tata Power Solar, has received orders worth ₹686 crore to set up 210MWp of solar projects in Gujarat for the state-owned NTPC. Tata Solar Power now has a total order pipeline of 2.8GW, worth ₹13,000 crore.

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ITC, Auto stocks, InterGlobe Aviation and other stocks to watch out for on June 1


Credit: Pixabay
Punjab National Bank
It has reduced its benchmark one-year marginal cost of funds-based lending rate by 0.05 percent to 7.3 percent.
Credit: BCCL
Honeywell Automation India
It reported a fall in its March 2021 quarter net profit to ₹104 crore from ₹111 crore. Revenue fell by over 4 percent to ₹673 crore, year-on-year.
Credit: Honeywell-Automation-India
Cipla
The pharma giant is in talks with the government for clarity and guidance on the roadmap for importing vaccines in the country.
Credit: Cipla
Asian Granito India
Its March 2021 quarter net profit tripled to ₹20 crore while revenue surged by over 68 percent to ₹434 crore, year-on-year.
Credit: Asian-Granito-India

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Sensex sheds 290 points, Nifty closes weak but above 15,000 - The Hindu BusinessLine


Sensex sheds 290 points, Nifty closes weak but above 15,000
May 19, 2021
Market ended its two-day rally, closing on a negative note due to profit-booking.
After trading marginally lower in the first half, indices slipped further in the second half, dragged by metal and auto. Weak global cues also impacted market sentiments.
The BSE Sensex slipped below the 50,000-mark closing at 49,902.64, down 290.69 points or 0.58 per cent. It hit an intra-day high of 50,279.01 and a low of 49,831.4. Nifty 50 closed at 15,030.15, down 77.95 points or 0.52 per cent. It hit an intra-day high of 15,133.40 and a low of 15,008.85.
The breadth of the market remained positive with 1,794 stocks advancing, 1,264 declining and 174 remaining unchanged on the BSE. As many as 437 securities hit the upper circuit and 154 the lower circuit; 309 hit their 52-week high while 20 touched 52-week low.

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Hero MotoCorp, Maruti Suzuki, Tata Motors and other stocks to watch out for on May 6


Credit: Hero-MotoCorp
Maruti Suzuki India
Its production in April 2021 fell 7 percent to 1,59,955 units from 1,72,433 units in the previous month.
Credit: BCCL
Tata Motors
The Competition Commission has ordered a probe against the company for alleged abuse of its dominant position to restrict territory of dealerships.
Credit: BCCL
Earnings today
Hero MotoCorp, Tata Consumer Products, Adani Power, Adani Transmission, Blue Star, Coforge, ICRA, IIFL Finance, Procter & Gamble Health, Raymond.
Credit: Pixabay
Tata Steel
It has reported a consolidated net profit of ₹6,644 crore in the March 2021 quarter against a loss of ₹1,481 crore a year ago. Revenue jumped by 39 percent to ₹49,977 crore.
Credit: Tata-Steel

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Tata Steel, Adani Enterprises, HAL and other stocks to watch out for on May 5

Tata Steel, Adani Enterprises, HAL and other stocks to watch out for on May 5
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