Latest Stock Market News

Petronet LNG rises 0.16% as Sensex slides

Updated at : 2022-02-07 11:20:04

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The stock traded at a P/E multiple of 10.75, while the price-to-book value ratio stood at 2.86.

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City Union Bank Ltd., incorporated in the year 1904, is a banking company (having a market cap of Rs 10484.24 Crore).

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The Nifty Realty index was trading 0.9 per cent down at 469.2.

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The cryptocurrency market was trading higher on Monday, with tokens associated with gaming witnessing a strong rise. That said, the recent rebound in prices of Bitcoin and Ethereum have turned investors cautious. Barring Terra, all other nine out of the top-10 digital tokens were trading with decent gains. Meme tokens like Dogecoin jumped more than 7 per cent while its peer Shiba Inu rallied 26 per cent.

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Tata Elxsi Ltd., incorporated in the year 1989, is a Mid Cap company (having a market cap of Rs 46239.01 Crore) operating in IT Software sector.

Tata Steel adds 3% as Q3 net profit doubles

Updated at : 2022-02-07 10:30:03

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According to reports, the company’s consolidated revenue clocked in at Rs 60,783 crore, up 45 per cent from Rs 41,935 crore reported in the same period a year ago.

Cholamandalam Investment & Finance Company Ltd., incorporated in the year 1978, is a Large Cap company (having a market cap of Rs 55473.03 Crore) operating in NBFC sector.

Airtel plans Rs 1.17-lakh cr investment over 4 years

Updated at : 2022-02-07 08:20:04

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According to the EGM notice, Bharti Airtel will spend Rs 88,000 crore in business with mobile tower company Indus Towers, Rs 15,000 crore for availing services of datacentre firm Nxtra and transaction of up to Rs 14,000 crore with Bharti Hexacom.

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Many local companies withheld a lower tax of 5% while remitting the dividend to these foreign shareholders. The practice, questioned by the Income Tax department, was upheld by the Delhi High Court.

Prime Focus arm DNEG raises Rs 3,000 crore

Updated at : 2022-02-07 08:20:04

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"It is a proud moment for us as an Indian company is soon going to list on Nasdaq with a valuation of $1.7 billion," Malhotra told ET. "We have raised ₹3,000 crore (approx. $400 million), which will be used to help fund significant investments in technology, increase our capacity, hire additional talent, expand newer business segments such as gaming and content creation, and pursue acquisitions."

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