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 story : StockMarketNEWS Daily Updates All the sectoral indices ended higher. the psu bank index up nearly 3 percent

@StockMarketNEWS Tue 01 Dec, 2020

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

All the sectoral indices ended higher. the psu bank index up nearly 3 percent. bse midcap and smallcap indices added nearly a percent each.

Tech Mahindra share price gains after CLSA retains buy, raises target to Rs 1,030
CLSA sees single-digit revenue growth in communications vertical in fy22 ex-5g. it said the companys plan to improve its ebit margin to 15 percent
by fy22 and the reiteration of its intent to increase its capital return was also a positive.

Escorts shares fall 3% despite robust November sales
Domestic tractor sales in november was at 9,662 tractors registering a growth of 30.9 percent against 7,379 tractors in november 2019.

Unichem Laboratories shares rise 4% on USFDA approval for blood pressure tablets
The share touched its 52-week high rs 304.20 and 52-week low rs 75.10 on 04 august, 2020 and 24 march, 2020, respectively.

Reliance Capital shares fall 3% after defaulting on interest payments to HDFC, Axis Bank
Reliance capital has defaulted on interest payments on loans worth rs 624 crore drawn from housing development finance corporation and axis bank, the company
informed stock exchanges.

ICICI Lombard share price hits 52-week high after in-principle nod to acquire Bharti AXA General Insurance
Bharti enterprises owns 51 percent in bharti axa general. the firm has joint venture with french firm axa which owns 49 percent stake. with the deal with
icici lombard in place, bharti and axa will be public shareholders in the combined entity.

Glenmark Pharma share price gains on tentative USFDA nod for kidney cancer drug
The company has received fda#39;s tentative nod for axitinib tablets in the strength of 1mg and 5 mg.

Capacite Infraprojects shares jump 5% on new orders worth Rs 148 crore
The scrip witnessed a spurt in volume by more than 2.40 times and was trading with volumes of 47,928 shares, compared to its five day average of 28,994 shares, an increase of 65.30 percent.

Confidence Petroleum hits 52-week high on securing MRU for CNG distribution
The company is confident about implementing this concept in various states in india with the association of psu oil companies and gas distribution companies like bpcl, gail and others

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