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Some of the stocks that have been included in the smallcap index include Aptus Value HSG Finance, Bharat Dynamics, Easy Trip Planners, Go Fashions India, Greaves Cotton, Greenpanel Industries and Gujarat Alkalies, among others.

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The Nifty ended down 25.85 points, or 0.2%, at 15,782.15. The Sensex ended down 136.69 points, or 0.3%, at 52,793.62. Both indices had gained as much as 1.7% earlier in the day. Nifty Midcap 100 and Smallcap 100 indices ended 1% higher.

LIC allots shares at Rs 949 apiece

Updated at : 2022-05-14 10:30:02

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Most retail investors, who have subscribed to the issue, received allotment as the category was subscribed two times. In the retail category, share allotment was done based on the draw of lots. This means 50% of the applicants got allotment of at least 15 shares.

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Loans to individuals rose 15% year on year led by a 11.49% growth in home loans. Retail loans crossed the ₹10 lakh crore mark for the bank during the quarter. Retail loans now make up the largest chunk of the ₹28.18-lakh-crore loan book at 23%.

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Both benchmark indices ended the week with losses. The Nifty50 lost about 3.83 per cent, while the 30-share Sensex declined 3.72 per cent. The broader market also saw selling.

Total revenue from operations last quarter stood at an all-time high at Rs. 3,193 crores, which is an increase of 8.6% compared to Rs. 2,940 crores in the year-ago period. EBITDA (Earnings before interest, tax, depreciation and amortisation) went up 19.3% to Rs. 757 crores.

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The Dow Jones Industrial Average rose 233.56 points, or 0.74%, at the open to 31,963.86.

Patel Engineering announced that it has bagged a Rs 2,461 crore contract for the works of “construction of diversion tunnel, concrete gravity dam, intake, pressure shafts, underground Power House & Tailrace Tunnel (Lot 1) for Kwar HE Projects in District Kishtwar, Jammu & Kashmir.

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Net profit was Rs 80 crore in the year-ago period. The bank set aside Rs 466 crore as the provision (other than taxes) and contingencies, which were 53% lower than Rs 982 crore in the comparative quarter last year.

Escorts net falls 26% to Rs 202.2 crore in Q4FY22

Updated at : 2022-05-13 21:50:02

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Total revenue from operations during the quarter under review fell 15.8% at Rs 1,861.4 crore, on back of decline in sales of tractors and construction equipment.

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