Average office rentals remained stable during April-June at Rs 95 per square feet across six major cities as new supply rose 32 per cent, while demand grew by a modest 2 per cent, according to Colliers India.
Read more about GE T&D India gains after turnaround Q4 result on Business Standard. GE T&D India rose 1.55% to Rs 140.75 after the company reported a net profit of Rs 29.51 crore in Q4 FY21 as against a net loss of Rs 187.13 crore in Q4 FY20.
GAIL (India) Ltd is quoting at Rs 140.85, up 4.49% on the day as on 12:49 IST on the NSE. The stock is up 50.64% in last one year as compared to a 59.38% jump in NIFTY and a 44.35% jump in the Nifty Energy.
GAIL (India) Ltd gained for a fifth straight session today. The stock is quoting at Rs 140.85, up 4.49% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.56% on the day, quoting at 14811.85. The Sensex is at 49391.32, down 0.75%. GAIL (India) Ltd has gained around 3.95% in last one month.
Meanwhile, Nifty Energy index of which GAIL (India) Ltd is a constituent, has gained around 1.02% in last one month and is currently quoting at 18063.1, up 1.7% on the day. The volume in the stock stood at 139.88 lakh shares today, compared to the daily average of 151.14 lakh shares in last one month.
NMDC Ltd is quoting at Rs 139.6, up 0.83% on the day as on 12:49 IST on the NSE. The stock is up 76.93% in last one year as compared to a 65.79% spurt in NIFTY and a 155.38% spurt in the Nifty Metal.
NMDC Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 139.6, up 0.83% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 1.95% on the day, quoting at 14576.8. The Sensex is at 48978.78, down 2.1%. NMDC Ltd has risen around 0.98% in last one month.
Meanwhile, Nifty Metal index of which NMDC Ltd is a constituent, has risen around 7.17% in last one month and is currently quoting at 4189.15, down 0.2% on the day. The volume in the stock stood at 122.25 lakh shares today, compared to the daily average of 127.27 lakh shares in last one month.
Indian Bank rose 1.15% to Rs 140.75 after the bank said its board accorded in-principal approval for partial or full disinvestment of bank s stake in joint venture, ASREC (India).The bank holds a 38.26% stake in ASREC (India) and the decision to divest stake is part of monetisation of the bank s non- core assets.
Apart from Indian Bank, LIC of India, Bank of India, Union Bank of India and Deutsche Bank are the other shareholders in the company.
ASREC (India) acquires non performing assets (NPAs) from the banks/financial institutions at mutually agreed prices with the objective is to maximise the returns through innovative resolutions strategies. ASREC positions itself as the multi lender ARC in the public sector aiming to earn the confidence of the financial system in the effective resolution of NPAs by operating in transparent manner with flexibility of the private sector.