Jaiprakash Associates Ltd, the erstwhile promoter of bankrupt-Jaypee Infratech, has said its settlement proposal without any “haircuts” should be considered by the creditors’ panel, which is set to take a call on two existing resolution plans for the company this week. Currently, state-owned NBCC NSE 1.66 % and Suraksha group are in the race to […]
Day: May 26, 2021
Delhi International Airport handles 100 COVID-19 relief flights in last month
GMR group-run Delhi International Airport has handled 100 COVID-19 relief flights in the last one month, which have carried 1,750 metric tonnes (MT) of relief cargo from over 36 international destinations. During the second wave of the pandemic, the airport ensured efficient and swift handling of medical aid being received from across the world, with […]
Adani Green shares drop 3.35% as Sensex falls
Shares of Adani Green Energy Ltd. traded 3.35 per cent down at Rs 1316.6 at 02:16PM (IST) on Tuesday, even as BSE benchmark Sensex dropped 136.22 points to 50515.68. The scrip had closed at Rs 1362.25 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 1394.0 and Rs 235.0, […]
Share price of IGL jumps as Sensex gains 276.12 points
Share price of Indraprastha Gas Ltd. gained 0.2 per cent to Rs 509.3 at 10:57AM (IST) in Wednesday’s trade. The scrip hit a high of Rs 514.75 and low of Rs 507.3 so far during the session. The stock had closed at Rs 508.3 in the previous session. The counter had a total traded volume […]
BPCL Q4 results preview: Company may report net profit of Rs 1,857 cr aided by inventory gains, demand recovery
MUMBAI: Bharat Petroleum Corporation NSE 0.11 % Limited (BPCL) is expected to report a net profit of Rs 1,856.8 crore for the quarter ended March as against a net loss of Rs 1,361 crore in the year-ago quarter. The company’s bottomline will be helped by a weak base in the year-ago quarter due to the […]
Buy GAIL (India), target price Rs 205: Motilal Oswal
Motilal Oswal has a buy call on GAIL NSE -0.90 % (India) with a target price of Rs 205. The current market price of GAIL (India) is Rs 155.15. GAIL (India) Ltd, incorporated in the year 1984, is a Large Cap company with a market cap of Rs 68870.37 Crore, operating in Gas & Petroleum […]
Buy InterGlobe Aviation, target price Rs 1840: Edelweiss
Edelweiss has buy call on InterGlobe Aviation with a target price of Rs 1840. The current market price of InterGlobe Aviation Ltd. NSE 0.81 % is Rs 1713.55. InterGlobe Aviation Ltd., incorporated in the year 2004, is a Large Cap company (having a market cap of Rs 66169.88 Crore) operating in Airlines sector. Financials For […]
Buy ONGC, target price Rs 121.5: Edelweiss
Edelweiss has buy call on Oil And Natural Gas Corporation with a target price of Rs 121.5. The current market price of Oil And Natural Gas Corporation Ltd. is Rs 114.55 . Oil And Natural Gas Corporation Ltd., incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 144170.00 […]
Godawari Power jumps 9% after reporting manifold profit growth
NEW DELHI: Shares of Godawari Power and Ispat NSE -2.68 % soared as much as 9 per cent on Wednesday after the company reported multifold jump in consolidated net profit for March quarter, on the back of higher revenues. The company reported a profit of Rs 304.01 crore for the quarter ended on March 31, […]
BPCL may sell some stake in IGL, Petronet to shed promoter status
Privatisation-bound Bharat Petroleum Corporation NSE 0.12 % (BPCL) may sell a part of its stake in Petronet LNG NSE -0.19 % and Indraprastha Gas NSE -0.15 % (IGL) to shed its promoter status to obviate the need for its new owner to make open offers for the two gas companies, sources said. BPCL holds 12.5 […]
The market is shifting to more greenfield expressways than the traditional method: Vinayak Chatterjee, Chairman, Feedback Infra
Do you feel that rural demand particularly has been hampered which will affect the recovery? Vinayak Chatterjee: There is clear evidence that the rural demand is not as buoyant as it was in the April, May, June, July period of last year, and remember it was buoyant largely because there was a slew of special […]
Bengaluru airport processes 6.5 lakh kg of Covid material
Kempegowda International Airport in Bengaluru has processed 650,225 kgs (542,620 kgs of imports and 107,605 kgs of domestic inbound) of Covid-19 related relief material from April 1 to May 19, the airport said in a press release Of the total, a significant 567,791 kgs were processed from May 1 to May 19, with imports at […]