Market Commentary     03-Mar-23
Stock Alert
Stocks to watch: Natco Pharma, Adani Ports, Edelweiss Financial

Natco Pharma: The company's board will meet on 8 March 2023 to consider a proposal for buyback of fully paid up equity shares of the company.

Adani Ports & SEZ: The company handled 26.5 mmt cargo in February, which is 10% higher than the previous year period and during April-February, the cargo volumes stood at 307 mmt, up 8.5% YoY.

Edelweiss Financial Services: The media reported that the Income-Tax department conducted raids at premises linked to the investment and financial services company in Mumbai yesterday. As per reports, the raids took place over suspected tax evasion.

Karnataka Bank: The lender said Muralidhar Krishna Rao demitted the office of CFO on 1 March 2023 and the bank has appointed Abhishek Sankar Bagchi as new CFO.

Happiest Minds Technologies: The company's board has approved raising funds of up to Rs 125 crore through issue of non-convertible debentures (NCDs) on private placement basis in three tranches.

M&M Financial Services: The company estimates a total disbursement of Rs 4,185 crore in February, delivering 53% growth over February 2022. Consequently, the loan book grew further by 1.5% over January 2023. The collection efficiency (CE) was at 97% for February 2023 compared to 98% achieved in February 2022.

MOIL: The state-owned manganese ore producer has announced production of 1.31 lakh tonnes of manganese ore in February 2023, a 10% growth over the same period last year. Manganese ore sales at 1.32 lakh tonnes during the month increased by 19% YoY.

Previous News
  C.E. Info Systems Ltd leads losers in 'A' group
 ( Hot Pursuit - 26-Jun-24   15:00 )
  Benchmarks trade near day’s high; European mrkt advance
 ( Market Commentary - Mid-Session 26-Jun-24   13:41 )
  Adani Ports announces change in CEO-Logistics
 ( Corporate News - 26-Jun-24   13:19 )
  Indices hit new life high; Nifty above 23,800 level
 ( Market Commentary - Mid-Session 26-Jun-24   11:33 )
  Mahindra & Mahindra Financial Services CFO resigns
 ( Corporate News - 26-Jun-24   10:13 )
  M&M Finance CFO Vivek Karve resigns
 ( Hot Pursuit - 26-Jun-24   09:51 )
  Adani Ports features in honour list of Institutional Investor Asia Pacific (ex-Japan) Executive Survey
 ( Corporate News - 24-Jun-24   18:01 )
  Adani Ports enters Sensex, Wipro exits as part of semi-annual rejig
 ( Market Beat - Reports 24-Jun-24   11:50 )
  Four ports operated by Adani Ports feature in World Bank's Container Port Performance Index 2023
 ( Corporate News - 20-Jun-24   09:43 )
  Benchmarks trade with decent gains; media shares under pressure
 ( Market Commentary - Mid-Session 13-Jun-24   14:33 )
  Kotak Mahindra Life enters into corporate agency partnership with Mahindra Finance
 ( Corporate News - 13-Jun-24   13:30 )
Other Stories
  Stock alert: Auto firms, BEL, Titan, Dr Reddy’s Lab, Gail (India), Cantanbil Retail, Navin Fluorine Intl, Godrej Prop,
  01-Jul-24   08:31
  Stock alert: MTAR Tech, RIL, Stanley Lifestyle, Vedanta, SBI
  28-Jun-24   08:38
  Stock alert: KNR Construction, Patanjali Foods, Salasar Techno Engg, PI Inds, Tata Comm
  27-Jun-24   08:41
  Stock alert: Sanghi Industries, Mazagon Dock, Sterling and Wilson Renewable, Borosil
  26-Jun-24   08:31
  Stock alert: Star Cement, Advanced Enzyme, Satin Creditcare, RBL Bank, Sun Pharma
  25-Jun-24   08:46
  Stock alert: Gland Pharma, Gujarat Fluorochem, Ujjivan SFB, Prestige Estates, IREDA
  24-Jun-24   08:41
  Stock alert: Paisalo Digital, Greenply Industries, Heubach Colorants, GIC Housing
  21-Jun-24   08:33
  Stock alert: Indus Towers, Gland Pharma, Advanced Enzyme, DMart, Sapphire Foods
  20-Jun-24   08:50
  Stock alert: Protean eGov Tech, Indus Tower, Zee Entertainment, Tata Technologies
  19-Jun-24   08:37
  Stock alert: Ixigo, Westlife Foodworld, Bharti Airtel, Som Distilleries, Paytm
  18-Jun-24   08:44
Back Top