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The company on Tuesday reported a consolidated net profit of Rs 3,989 crore for the December quarter. It had posted a loss of Rs 1,166 crore in the year-ago period. Shares of Tata Steel ended up 0.5 per cent at Rs 693.45 on Thursday.
Ahead of Market: 12 things that will decide stock action on FridayGaurav Ratnaparkhi of Sharekhan said, Nifty50 saw selling pressure around the upper Bollinger Band and the 20-DMA, which was near 17,150. A Doji, he said, suggested exhaustion in the ongoing pullback.
from Stocks-Markets-Eco… Read MoreAhead of Market: 12 things that will decide stock action on ThursdayRohit Singre of LKP Securities said, Nifty50 managed to close above a strong hurdle of 16,900, which may now act as strong support, followed by 16,800.
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… Read MoreNSE-BSE bulk deal: United India Insurance sells 10,000 shares of Lakshmi AutomaticIn another transaction, Rajasthan Gases bought 2,680,000 shares of Gujarat Natural Resources Limited at Rs 11.50 per share. Shares were sold by Patron Energy, Sakira Finance and Blowing Traders.
from Stocks-Markets-Economic … Read MoreVedanta plans to raise up to Rs 1,000 cr via NCDs"The company proposes to offer rated, secured, redeemable, non-cumulative, non-convertible debentures aggregating up to Rs 1,000 crore," the filing said.
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… Read MoreNSE-BSE bulk deal: United Insurance sells 20,000 shares of Lakshmi Automatic in 2 daysThe government-owned insurer had sold 10000 shares yesterday as well, though at a lower price of Rs 675 per share. As of September-end shareholding data, United India Insurance held 30,018 shares of the company or 4.49 per ce… Read More
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