Emkay GlobalCrompton Greaves (Buy)Target: ₹480CMP: ₹403.25Crompton Greaves Consumer Electricals has delivered strong performance in Q4, with EBITDA beating our expectations by 6 per cent. Electric Con
Key equity barometers bounced back after briefly slipping into the negative terrain in morning trade. The Nifty hovered above 15,200 mark. The moderation in daily new Covid cases in India improved risk sentiments. Barring metal and FMCG, all the sectoral indices on the NSE were in the green.
At 10:28 IST, the barometer index, the S&P BSE Sensex, was up 168.67 points or 0.33% at 50,709.76. The Nifty 50 index was up 30.3 points or 0.2% at 15,205.50.
In broader market, the S&P BSE Mid-Cap index was up 0.52% while the S&P BSE Small-Cap index was up 0.61%.
The market breadth was positive. On the BSE, 1735 shares rose and 1026 shares fell. A total of 156 shares were unchanged.
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According to this report the global ceiling fans market was valued at US$ 10,189.33 million in 2019 and is projected to reach US$ 16,172.19 million by 2027; it is expected to grow at a CAGR of 6.0% from 2020 to 2027. The report highlights key factors driving the market growth and prominent players along with their developments in the market.
Ceiling fans facilitate air circulation and create a cooling effect by accelerating sweat evaporation and heat exchange through convection. Ceiling fans use considerably less power than air conditioning, and hence they are popular among middle-class populations. In addition to the cost benefits, they feature longer life span than air conditioners. Growing urbanization in emerging economies is promoting the establishment of new residential buildings. In addition, the increased spending on premium products of home decor is further propelling the demand for ceiling fans wi
Stocks in the news | Bata India, Indraprastha Gas, Titan, Magma Fincorp, Majesco, Mawana Sugars
Aurobindo Pharma, Bank of India, Titan Company, Ador Welding, Magma Fincorp, Entertainment Network India, Sadbhav Infrastructure Project, JB Chemicals are also among the stocks in focus today. Here is a list of stocks in the news today. Results today | ITC, Coal India, Power Grid Corporation, ACC, Ashok Leyland, Ashapura Minechem, Atul Auto, Bajaj Hindusthan Sugar, Bayer Cropscience, Bosch, Capacite Infraprojects, CRISIL, General Insurance Corporation of India, Gujarat Pipavav Port, Graphite India, HUDCO, Infibeam Avenues, ITDC, ITD Cementation, Jaypee Infratech, KNR Constructions, MRF, Natco Pharma, NCC, NHPC, Oil India, Petronet LNG, Power Finance Corporation, Prestige Estates Projects, Spencers Retail, VA Tech Wabag and Zee Media Corporation are among 442 companies to announce their quarterly earnings.