Latest Stock Market News

As of 30-Sep-2021, promoters held 48.76 per cent stake in the company, while FIIs held 21.71 per cent and domestic institutional investors had 9.28 per cent.

Nykaa IPO was open for subscription from October 28-November 1 to raise Rs 5,352 crore from its primary stake sale.

The Dow Jones Industrial Average fell 112.24 points, or 0.31%, to 36,319.98, the S&P 500 lost 16.45 points, or 0.35%, to 4,685.25 and the Nasdaq Composite dropped 95.81 points, or 0.6%, to 15,886.54.

Tata Consumer Products Ltd. key Products/Revenue Segments include Tea, Other Operating Revenue, Royalty Income, Export Incentives for the year ending 31-Mar-2021.

API Holdings intends to utilise the net proceeds for prepayment or repayment of all or a portion of certain outstanding borrowings availed by it or and its subsidiaries to the tune of Rs 1,929 crore.

The company, which has set a cumulative revenue growth target of 15-20 per cent by 2025, is keeping its options open to either bring in private equity investors or carve out its EV business into a separate entity to drive its growth. M&M, which has already announced plans to invest Rs 3,000 crore in EVs, is also considering a new brand name for the electric SUVs that it will launch by 2027.

​​Bharti Airtel, Kotak MF, HDFC MF, Axis MF, Aditya Birla Sun Life MF, Nippon India MF, PNB Gilts and Reliance General Insurance did not respond to requests for comment as of press time Tuesday. ICICI Prudential MF declined to comment.

Despite the slump, Elon Musk’s fortune is still up 70% this year thanks to Tesla’s gains on the back of strong earnings growth and delivery numbers and a higher valuation for SpaceX.

Pidilite, Zomato, Berger Paints, Bank of Baroda, GIC, Oil India, Crisil, Vinati Organics, Nuvoco Vistas, Metropolis, Thermax, Affle (India) and FSL are among the companies that will announce their September quarter results today.

Asian stock markets were becalmed on Wednesday as surges in oil and Chinese factory prices added to worries that a hot U.S. inflation reading could renew pressure on policymakers to lift interest rates. U.S. crude futures rose 1% to a two-week high of $84.97 a barrel in early trade and Brent futures made a one-week top of $85.35.