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Buy ACC, target price Rs 2620: Emkay Global

Updated at : 2021-10-21 10:20:01

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ACC Ltd. key Products/Revenue Segments include Cement, Other Operating Revenue, Scrap, Other Services for the year ending 31-Dec-2020.

Buy Mastek, target price Rs 3300: HDFC Securities

Updated at : 2021-10-21 10:20:01

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Mastek Ltd., incorporated in the year 1982, is a Small Cap company (having a market cap of Rs 8425.87 Crore) operating in IT Software sector.

HPCL shares gain 3.48% as Sensex falls

Updated at : 2021-10-21 10:20:01

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A total of 134,568 shares changed hands on the counter till 10:05AM (IST)

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Canara Bank, incorporated in the year 1906, is a banking company (having a market cap of Rs 35429.96 Crore).

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The central bank of the Emirate is set to bless the investment, making Birla, chairman of the $46 billion Aditya Birla Group, fit and proper to invest in its banking system, a first Indian to do so.

Tatas to shift ready-to-eat biz to Tata Consumer

Updated at : 2021-10-21 08:20:01

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The closely held Tata Industries is set to transfer its ready-to-eat meal business (sold under Tata Q brand) to the publicly listed Tata Consumer Products, according to people familiar with the matter. The move comes as India’s biggest conglomerate reorganises its corporate structure.

I-banks rake in decade-high $611mn on IPO, M&A wave

Updated at : 2021-10-21 08:20:01

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Fees earned by big investment banks and boutique advisory firms in India rose to $611 million (over Rs 4,500 crore) in the first nine months of 2021, making it the highest in a decade. Equity issuances raked in $237 million (about Rs 1,770 crore) as IPO fund-raising activity spiked, followed by $196 million (Rs 1,465 crore) fetched by M&A and $177 million (over Rs 1,300 crore) by debt deals.

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In his book, ‘The Custodian of Trust’, the former SBI chairman has provided some behind-the-scenes glimpses of what went into resolving something that appeared as a Lehman Brothers moment for India. It was during his tenure that the financial sector was hit by the triple failure of IL&FS, DHFL and Yes Bank.

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Oil prices rose on Thursday to extend gains from the previous session as U.S. crude and fuel inventories tightened further, with supplies of gasoline hitting a two-year low, pointing to strong demand. Brent crude futures climbed 17 cents, or 0.2%, to $85.99 a barrel at 0040 GMT, after rising 0.9% the previous day.

Asian Paints, JSW Steel, BPCL, IndusInd Bank, ICICI Lombard, Mphasis, IDBI Bank, Macrotech Developers, Concor and IEX are among the companies that will announce their September quarter results today.

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