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5th Apr 2022
The Rs.130.05 crore IPO of Hariom Pipe Industries, consisting entirely of a fresh issue of shares worth of Rs.130.05 crore, saw tepid response on Day-1 and a pick-up in demand on Day-2 and Day-3. However, in between there were a slew of holidays due
Due to the Covid-19 pandemic, supply chain activities have often been disrupted internally and externally which affected the FMCG sector heavily. Lockdown policies have disrupted the supply of raw materials and the demand for finished goods.
4th Apr 2022
The Rs.130.05 crore IPO of Hariom Pipe Industries, consisting entirely of a fresh issue of shares worth of Rs.130.05 crore, saw tepid response on Day-1 and a pick-up in demand on Day-2. However, in between there were a slew of holidays due to the new
Ultratech Cement is the largest cement company in India and 3rd largest cement company in the world (ex-china). It is also the only cement producer outside of China to have 100+ MnTPA of manufacturing capacity in a single country. UltraTech has a
Russia Ukraine war has created a silver lining for the Indian agriculture sector by disrupting the global Agri commodity chain. Ukraine is among the largest global exporters of wheat (10), Sunflower (47), barley (17), rapeseed (20), and maize (14
In a landmark deal, Brookfield of Canada and Bharti Enterprises have entered into a joint venture to jointly develop 4 properties of Bharti Enterprises. These properties will include the Worldmark Aerocity in Delhi, the Worldmark 65 and the Air
Asian Paints Ltd on 1st April announced that it will acquire a stake in two companies - White Teak and Weatherseal Fenestration to strengthen its presence in the fast-growing home improvement and decor segment. White Teak is engaged in the busines
Coal India has set a production and offtake target of 700 million tonnes in 2022-23 after achieving record production in 2021-22. It achieved a record production of 622.6 million tonnes for FY2022, eclipsing the previous high of 607 million tonnes
GHCL (formerly Gujarat Heavy Chemicals Ltd) completed the divestment of its Home Textile business to one of India’s leading manufacturer and exporter of home textiles; Indo Count Industries. The total consideration for the deal is Rs.609 crore.
With rising inflation and major geopolitical risk for Indian economy, most of the rating agencies and global brokerage have been downsizing India’s growth numbers. The latest estimate has come from industry body, FICCI, which has pegged Indian medi
Much before the start of March 2022, Minister of Commerce and Industry, Piyush Goyal, had claimed that India would cross the $400 billion exports mark in FY22. Cross, India did and they did in style ending the financial year 2021-22 with $418 billion
1st Apr 2022
The Indian equity market witnessed a record bull run in CY2021 with Sensex and Nifty hitting fresh all-time highs throughout the year till October when they peaked. Thereafter, the market witnessed some corrections from the higher levels more so afte
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