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Latest Stock Market News

Sobha shares soar on sales rebound in Sept quarter

Updated at : 2021-10-07 12:20:02

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Following the update, shares of Sobha zoomed over 13 per cent to Rs 859 before paring some of the gains to trade at Rs 848 as of 10:10 hours (IST). The BSE Sensex was trading positive at 59,697.67at the same time.

Rakesh Jhunjhunwala's second biggest bet zooms 10%

Updated at : 2021-10-07 12:20:02

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As of June 30, 2021, ace Investor Rakesh Jhunjhunwala held 37,750,000 equity shares or 1.1 per cent stake in the company, which is worth Rs 1,396.7 crore at current price. The company has not declared the shareholding for the September quarter yet.

“Our markets will navigate the risk factors from China and US, pretty safely. There will be corrections but we are in the midst of a superb multi-year bull market.”

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In a televised interview on Wednesday, Chandra said the Ministry of Corporate Affairs and Sebi should not permit Invesco to break domestic laws and instead, probe laws broken by the overseas investor.

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Sonata Software Ltd. key Products/Revenue Segments include Computer Software, Software Products and Other Operating Revenue for the year ending 31-Mar-2021.

Tata Steel gains 0.8% on higher steel output

Updated at : 2021-10-07 12:20:02

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In July-September, 2020-21 (Apr-Mar), Tata’s Steel’s consolidated steel production was at 7.25 million tonnes, the company’s earnings showed.

REC share price up 1.46 per cent

Updated at : 2021-10-07 12:20:02

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A total of 100,297 shares changed hands on the counter till 11:42AM (IST).

Indiabulls Housing Finance gains 1.4%. Here's why

Updated at : 2021-10-07 12:20:02

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In a regulatory filing on Wednesday, Indiabulls Housing Finance said that the investment in OakNorth Holdings had yielded the domestic NBFC an annualized internal rate of return of 48 per cent over 6 years.

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Promoters held 25.1 per cent stake in the company as of 30-Jun-2021, while FII and DII ownership stood at 57.47 per cent and 4.85 per cent, respectively.

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Governor Shaktikanta Das is scheduled to announce the MPC’s decision through a webcast at 10 a.m. in Mumbai on Friday. Here’s what else to watch for in his speech.

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