BHEL Shares Tank 13% On Weak March Quarter Earnings

New Delhi: Shares of BHEL today tumbled nearly 13 per cent after the company’s standalone net profit declined by 57 per cent in the March quarter. After making a weak opening, shares of the company plunged 12.81 per cent to Rs. 133.65 on BSE. At NSE, the stock dived 12.87 per cent to Rs. 133.60. On the volume front, 21.44 lakh shares of the company More...

by Loknath Das | Published 3 months ago
By Loknath Das On Wednesday, June 28th, 2017
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Investors Flock To Asian Bonds As US Yields Slide

Singapore: Asia bond demand is running at its highest level in eight months and looks set to stay firm this year, boosted by the region’s higher returns at a time when stubbornly low inflation in the United More...

By Loknath Das On Friday, June 23rd, 2017
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Sensex, Nifty Fall; ONGC Down Over 2%

Indian shares fell on Wednesday, tracking Asian peers, as investors waited for minutes of a policy meet by the central bank to gauge the direction of interest rates in the months ahead. The minutes are likely to More...

By Loknath Das On Thursday, June 22nd, 2017
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Sensex Jumps Over 100 Points; Energy, Pharma Stocks Gain

Indian shares opened higher on Thursday tracking Asian shares, which advanced as oil prices climbed off a 10-month low hit overnight on concerns over a supply glut and falling demand. The BSE Sensex jumped over More...

By Loknath Das On Thursday, June 22nd, 2017
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Sensex Surges Over 200 Points To Record High, Nifty Near 9,700; Infosys Leads Gains

Indian shares extended gains in noon trade with the BSE Sensex rising nearly 240 point to a fresh all-time high of 31,522 and Nifty gaining nearly 60 points to 9,698. Gains in the market were led by banking and More...

By Loknath Das On Tuesday, June 13th, 2017
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9 stocks which cost Rs 10K-70K a share gave up to 5,000% return in last 5 years

The year 2017 has been lucky for old as well new investors as benchmark indices have already given a return of over 17 percent so far. But, the story is worth talking if you are an old investor and followed ruled More...

By Loknath Das On Saturday, June 3rd, 2017
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Gold hits one-week low as stocks, dollar gain after upbeat U.S. data

Gold fell on Friday to hit its lowest in a week, with stock markets climbing and the dollar firming after upbeat U.S. private sector job figures appeared to boost the prospects for an interest rate hike this month. Investors More...

By Loknath Das On Monday, May 29th, 2017
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Investors punish Tech Mahindra stock on weak performance

Tech Mahindra saw its stock trade the lowest in nine years on Monday after a disappointing fourth quarter, by reporting operating margins at 12 per cent, the lowest among the top-five Indian software exporters. After More...

By Loknath Das On Friday, May 26th, 2017
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S Chand And Company Lists At Over 5% Premium On Stock Exchanges

Shares of textbook publisher S Chand and Company made its debut on stock exchanges today. The stock rose as much as 5.5 per cent to hit high of Rs. 707 against its issue price of Rs. 670. S Chand & Company More...

By Loknath Das On Wednesday, May 24th, 2017
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Markets At Record Highs: Right Time For Profit Taking?

The BSE Sensex and Nifty have hovered around their record highs in the last two weeks. The Sensex is well above 30,000 levels while the broader Nifty closed above 9,500 levels for the first time ever in May. The More...