Latest Stock Market News

For the reported quarter, SBI reported a 42 basis points sequential decline in gross non-performing assets ratio to 4.9 per cent and a 25 bps decline in net NPA ratio to 1.52 per cent.

The Q2FY22 Gross Booking Revenue (GBR) stood at Rs 895.1 crore as compared to Rs 339 crore in Q2FY21, up by 164 per cent year on year and Rs 357 crore in Q1FY22, up by 151 per cent quarter on quarter.

“In terms of the collection efficiency, we are at 98.7% which is almost pre Covid levels and far better than last quarter which was 95.1.”

"Since the second stage closing could not be completed as per the agreed timelines, in the terms of the SPMA, InvaGen has received a notice of termination from Avenue," the Mumbai-based drug major said in a regulatory filing.

As of 30-Sep-2021, promoters held 38.4 per cent stake in the company, while FIIs held 37.77 per cent and domestic institutional investors had 10.96 per cent.

A total of 25,828 shares changed hands on the counter till time (IST).

The stock quoted a 52-week high of Rs 269.7 and a 52-week low of Rs 52.35.

The pan-European STOXX 600 was up 0.2%, as of 0824 GMT, with global shares lingering at record peaks ahead of an expected tapering of pandemic-era stimulus by the U.S. Federal Reserve.

“One of the reasons for GRM being low is because our Mumbai refinery was in a shutdown for a major revamp and expansion.”

The IPO of FSN E-Commerce Ventures had a fresh issue of equity shares worth Rs 630 crore and an offer for sale (OFS) of 4,19,72,660 equity shares by the promoter and existing shareholders.