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"The company has emerged as the successful bidder for the BOS package comprising of four blocks of 300 MW (AC) each in the proposed 1200 MW Solar PV Project of NTPC Renewable Energy Limited at Khavda RE Power Park, Rann of Kutch, Gujarat," the company said in a BSE filing.

UTI AMC shares jump 8% after PPFAS MF adds stake

Updated at : 2023-03-21 12:20:03

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UTI AMC is the investment manager of UTI Mutual Fund. UTI AMC is registered as a portfolio manager with SEBI and through its subsidiary, it acts as a fund manager for AIF, among others. It also has a countrywide network of branches along with a diversified distribution network.

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A total of 1,067,079 shares changed hands on the counter till 11:48AM (IST).

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Jyothy Labs, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 6940.24 Crore) operating in FMCG sector.

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From the Sensex pack, Nestle, L&T, Bajaj Finance and Bajaj Finserv were the top gainers, rising over 1%. Reliance, Bharti Airtel, Axis Bank and Asian Paints also opened with gains. On the other flip side, Tech Mahindra, Power Grid, ITC and IndusInd Bank opened with cuts.

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OysterRock Capital is a venture capital firm that is bullish on the market and believes that there are many opportunities to be found in the market at this time. They believe that the market is expensive right now, but that is changing and they are seeing better prices for their investments. They also believe that there are many opportunities to be found in the market in terms of acquisitions and capex. They advise investors to look for companies with good growth prospects and good underlying financials.

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Dabur India, incorporated in the year 1975, is a Large Cap company (having a market cap of Rs 95250.00 Crore) operating in FMCG sector.

With global economic uncertainty persisting, and central banks around the world continuing to provide liquidity to the markets, it is expected that there will be positive returns for investors in the near future, even in the event of a correction. While there are still some risks to consider, such as regional banks in the US, overall, the global economy is doing well. Indian earnings are looking robust, and while valuations are becoming attractive, there is still scope for further compression.

"In Q3, capital goods companies reported strong margin expansion. This is usually a good lead indicator of a strong demand outlook (so that competitive intensity is less), better capacity utilisations or new capabilities that are not yet commoditized," said Prateek Agarwal of Motilal Oswal Asset Management Company.

ICICI Pru Life shares up 2.39% as Nifty gains

Updated at : 2023-03-21 11:20:03

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The stock quoted a 52-week high price of Rs 608.65 and low of Rs 380.95.

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