Latest Stock Market News

Varroc Engineering Ltd., incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 5775.33 Crore) operating in Auto Ancillaries sector.

The stock quoted a 52-week high price of Rs 3533.3 and a 52-week low of Rs 2104.7.

Promoters held 41.94 per cent stake in the company as of 31-Dec-2021, while FII and DII ownership stood at 39.77 per cent and 9.54 per cent, respectively.

As efforts are on to restart services of Jet Airways, Orion IT Parks Pvt Ltd -- whose shareholders are Murari Jalan and Ankit Jalan -- will extend an Inter-Corporate Deposit (ICD) of Rs 50 crore.

The company is setting up a greenfield plywood manufacturing unit with a capacity of 13.5 million square metre per annum in Uttar Pradesh.

Last week, Reliance Industries Limited said that it has completed the planned acquisition of a 40 per cent equity stake in Sterling and Wilson Renewable Energy.

On the technical charts, the RSI of the stock stood at 50.57.

Total income during the October-December period of 2021-22 was down at Rs 1,506.85 crore, as against Rs 1,650 crore in same period of 2020-21, Manappuram Finance said in a regulatory filing.

The board will meet on Tuesday to consider and approve, inter-alia, the unaudited standalone and consolidated financial results for the third quarter ended December 2021.

The Nifty Pharma index was trading 0.45 per cent down at 13192.25.