Latest Stock Market News

A total of 208 shares changed hands on the counter till 12:58PM (IST).

"During the quarter, net profits doubled owing to significant margin expansion in the chemicals segment, whilst the fertilizer segment faced challenges due to uncertainties around raw material availability and costs," Chairman and Managing Director Sailesh C Mehta was quoted as saying in PTI’s report.

On the technical charts, the RSI of the stock stood at 48.78.

The price band for Vedant Fashions IPO has been fixed at Rs 824-866 per share.

TCI Express Ltd., incorporated in the year 2008, is a Mid Cap company (having a market cap of Rs 7447.76 Crore) operating in Logistics sector.

In the last 10 budgets (excluding the interim Budgets of 2019 and 2014), Nifty50 has fallen seven times on D-Days.

A total of 40,758 shares changed hands on the counter till 11:42AM (IST).

The company has reserved equity shares aggregating to Rs 107 crore for its eligible employees who will get a discount of Rs 21 per share during the bidding process.

As of 31-Dec-2021, promoters held 46.86 per cent stake in the company, while FIIs held 10.84 per cent and domestic institutional investors had 4.48 per cent.

Gross margin fell 126 basis points to 43 per cent in Q3FY22. Ebitda margin came in at 23.6 per cent, down 61 basis points over 24.2 per cent last year.