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Electrosteel Castings receives ratings action from CRISIL

Mumbai, Feb. 2 -- Electrosteel Castings has received credit ratings from CRISIL as under: Total bank loan facilities rated - Rs 4,400 crore Long term rating - CRISIL AA/Negative (Outlook Revised fro... Read More


Asian Paints rises as broker flags crude tailwind, easing competition

Mumbai, Feb. 2 -- Brent crude, a key raw material for paint makers, was down around 5% on the day, providing relief on input costs. The brokerage expects Asian Paints to deliver volume growth of abou... Read More


Economic Buzz: German retail sales up 1.5% on year in Dec-25

Mumbai, Feb. 2 -- Germany's retail sales edged up in December, data from Destatis showed on Monday. Retail sales rose 0.1 percent on a monthly basis in December, reversing November's 0.5 percent drop.... Read More


Poonawalla Fincorp approves NCD issuance of up to Rs 500 cr

Mumbai, Feb. 2 -- Poonawalla Fincorp has approved issuance of secured, redeemable, rated, listed, non-convertible debentures of face value of Rs 1,00,000/- each for an amount aggregating up to Rs 500 ... Read More


Bharat Electronics gains after foreign broker hikes target price

Mumbai, Feb. 2 -- The broker cited strong multi-year revenue visibility and a solid order book. It flagged BEL's order backlog and indigenisation levels of about 70%-73%. Key programmes in the pipelin... Read More


Nifty trades above 24,950 mark; media shares decline

Mumbai, Feb. 2 -- The domestic equity indices traded with major gains in the mid- afternoon trade, rebounding from losses in a special weekend session, even as investors assessed the implications of t... Read More


Volumes jump at Latent View Analytics Ltd counter

Mumbai, Feb. 2 -- Clean Science & Technology Ltd, Godrej Agrovet Ltd, ZF Commercial Vehicle Control System India Ltd, Can Fin Homes Ltd are among the other stocks to see a surge in volumes on NSE toda... Read More


Commodities Buzz: Copper net speculative longs fall to two-month low

Mumbai, Feb. 2 -- Base metals speculators continued to trim their net long positions in the Copper futures market last week, according to the latest Commitment of Traders (COT) data released by the Co... Read More


Brahmaputra Infra rises after securing order worth Rs 69 crore

Mumbai, Feb. 2 -- The order involves underwater and above-water riverbank protection works under the Jorhat sub-project, spanning the Sivasagar, Jorhat and Golaghat districts, and forms part of Packag... Read More


Saksoft drops after Q3 PAT slides 19% QoQ to Rs 29 cr

Mumbai, Feb. 2 -- Profit before exceptional items and tax fell 16.36% QoQ to Rs 42.88 crore during the quarter. Exceptional items of Rs 4.86 crore were related to labour codes. Total expenses dropped... Read More