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Company plans to tap the ECB route for raising funds. Improved profitability has been accompanied by lower non-performing assets with net NPA ratio falling to 0.46% from 1.41% in fiscal 2022-23.

When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume.

Shares of Life Insurance Corporation (LIC) on Wednesday jumped more than 6 per cent after the firm said Sebi has granted an additional 3-year time till May 16, 2027, to comply with the 10 per cent public shareholding norm.

Nifty ended 17 points lower on Wednesday and traded sideways. Thereby, it failed to show any significant directional breakout. Move above the immediate resistance of 22,300 level may make room for higher target of 22,600 level.

BlackRock is positioning its recently launched Indian government bond ETF as a “one-stop shop” for foreigners to deploy money in local sovereign debt amid several operational layers that overseas players would otherwise have to go through to trade here, Hui Sien Koay, lead index, fixed income strategist for APAC at BlackRock

The Nifty Bank fell 172 points on Tuesday and formed a bearish engulfing pattern on the daily chart. Top gainers included ICICI Bank, Axis Bank, Bandhan Bank, and Bank of Baroda. HDFC Bank saw strong selling pressure

The IPO, priced between Rs 258 to Rs 272 per share, will close on Friday. The company had reserved 9.6 million shares for retail investors.

Jindal Stainless Q4 Results: The consolidated revenue from operations stood at Rs 9,454 crore for the quarter under review down from Rs 9,765 crore reported in the year-ago period. This translates into a 32% YoY decline.

Despite Colgate-Palmolive reporting a 20% increase in net profit to Rs 379.8 crore for the March quarter and a rise in net sales, its shares dropped 4% on BSE.

The stock quoted a 52-week high price of Rs 30710.15 and low of Rs 22601.3.