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Ship & Shore Environmental, Inc (S&SE), Leading the Charge in Clean Air Solutions Across ?Renewable Energy Sectors

Ship & Shore Environmental, Inc (S&SE), Leading the Charge in Clean Air Solutions Across ?Renewable Energy Sectors
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Market drops in early trade; breadth weak

Key benchmark indices are trading weak in early trade on selling pressure in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was down 266.37 points or 0.51% at 52,208.39. The Nifty 50 index was down 109.90 points or 0.7% at 15,689.45. Asian stocks are trading mixed. The S&P BSE Mid-Cap index was down 1.95%. The S&P BSE Small-Cap index was down 1.43%. The market breadth, indicating the overall health of the market, is weak. On the BSE, 845 shares rose and 1699 shares fell. A total of 104 shares were unchanged. In economic data, Wholesale Price Inflation (WPI) and Consumer Price Inflation (CPI) inflation for May 2021 is due today, 14 June 2021.

TCS, Adani Enterprises, Info Edge (India), DLF in focus

Tata Consultancy Services (TCS) announced that it has designed and delivered a key customer experience transformation program for Alcatel-Lucent Enterprise (ALE), a leading provider of communications, networking, and cloud solutions tailored to customers industries, to drive improved sales velocity and revenue growth. Adani Enterprises said that the company has incorporated a wholly-owned subsidiary namely, Adani Cement Industries (ACIL) on 11th June, 2021 to carry on business as manufacturers, producers, processors of all types of cements. Info Edge (India) said that the board of directors of the company approved acquisition of 100% of the Share Capital on a fully diluted basis of Zwayam Digital Pvt. Ltd. for an aggregate cash consideration of about Rs 61 crore.

Adani Enterprises Ltd Slips 15%, S&P BSE Industrials index Shed 3 69%

Adani Enterprises Ltd has added 11.57% over last one month compared to 7.52% gain in S&P BSE Industrials index and 6.69% rise in the SENSEX Adani Enterprises Ltd fell 15% today to trade at Rs 1361.25. The S&P BSE Industrials index is down 3.69% to quote at 4620.19. The index is up 7.52 % over last one month. Among the other constituents of the index, Bharat Heavy Electricals Ltd decreased 14.96% and Adani Ports & Special Economic Zone Ltd lost 14.53% on the day. The S&P BSE Industrials index went up 105.56 % over last one year compared to the 53.91% surge in benchmark SENSEX. Adani Enterprises Ltd has added 11.57% over last one month compared to 7.52% gain in S&P BSE Industrials index and 6.69% rise in the SENSEX. On the BSE, 1.07 lakh shares were traded in the counter so far compared with average daily volumes of 5.71 lakh shares in the past one month. The stock hit a record high of Rs 1718.45 on 07 Jun 2021. The stock hit a 52-week low of Rs 141.1 on 12 Jun 2020.

BHEL Q4 net loss narrows to Rs 1,035 cr

Read more about BHEL Q4 net loss narrows to Rs 1,035 cr on Business Standard. On a consolidated basis, Bharat Heavy Electricals (BHEL) reported net loss of Rs 1,034.82 crore in Q4 FY21, lower than net loss of Rs 1,532.67 crore in Q4 FY20.

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