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According to the data from BSE, a total of 98 brokers have surrendered their membership in the last two fiscal years.

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Kotak Mahindra Bank Ltd., incorporated in the year 1985, is a banking company (having a market cap of Rs 385371.70 Crore).

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The current market price of Motherson Sumi Wiring India Ltd. is Rs 62.3 Time period given by analyst is year when Motherson Sumi Wiring India Ltd. price can reach defined target. .

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Further, Piramal Enterprises is not fit to acquire Reliance Nippon Life Insurance, which is on the block as part of the resolution process of debt-ridden Reliance Capital, due to Irdai restriction. This has also dented the sentiments for the stock.

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As of 31-Mar-2022, promoters held 51.32 per cent stake in the company, while FIIs held 16.35 per cent and domestic institutional investors had 4.04 per cent.

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Revenue from operation rose 37.72 per cent YoY to Rs 6,663.72 crore compared with Rs 4,838.5 crore in the corresponding quarter last year.​

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“Infosys at a little above Rs 1,400 is a good level if we assume that their outlook is going to hold. Otherwise, the stock could fall a bit more. But it is difficult to time the bottom and people can start accumulating it now and do it slowly but wait for a bigger allocation till their next quarter results come.”

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Vasudevan’s current term will come to an end in July this year and the board has decided to seek a one-year extension for him—instead of seeking a three-year extension as decided earlier—so that he can guide the bank till a successor comes on board.

ONGC looks to sell stake to global companies

Updated at : 2022-05-27 07:20:02

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ONGC has invited expression of interest (EoI) from global oil and gas companies "for firming up a viable strategy" in the development of Deen Dayal West (DDW), a high-pressure high-temperature field in the Bay of Bengal, and ultradeep discoveries in Cluster-III of KG-DWN-98/2 block in the KG Basin. Parties can submit their interests by June 16.

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Separately, 98% of the lenders of JBF Industries exited by selling their loan exposure to CFM ARC last year. Listed JBF Industries does not directly own any stake in JBF Petrochemicals.

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