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Patel Retail Ltd: As per the draft papers filed on Friday, the company said that proceeds from the fresh issuance to the tune of Rs 60 crore will be used for payment of debt, Rs 115 crore for funding of working capital requirements of the company, besides a portion will be used for general corporate purposes. ....
NEW DELHI: Nifty Auto index was trading lower at 01:55PM (IST) on Thursday. Shares of Motherson Sumi Systems (down 3.15 per cent), Balkrishna Industries (down 2.74 per cent), Mahindra & Mahindra (down 2.13 per cent), Hero MotoCorp (down 2.09 per cent) and Ashok Leyland (down 2.0 per cent) were the top losers in the index. While Exide Industries (up 0.29 per cent), Bosch (up 0.08 per cent) and Maruti Suzuki (up 0.02 per cent) were among the top gainers. The Nifty Auto index was trading 1.31 per cent down at 10831.15 around 01:55PM. Benchmark NSE Nifty50 index was down 112.20 points at 15096.7, while the BSE Sensex was down 449.93 points at 51253.9. Among the 50 stocks in the Nifty index, 22 were trading in the green, while 28 were in the red. ....
Explore Now Shares of Indian Overseas Bank (up 19.75 per cent), Punjab & Sind Bank (up 18.78 per cent), Bank of Baroda (up 13.18 per cent) and Union Bank of India (up 11.81 per cent) were among the top gainers. The Nifty PSU Bank index was trading 5.98 per cent up at 2597.5 around 01:33PM. Benchmark NSE Nifty50 index was down -108.95 points at 15099.95, while the BSE Sensex was down -448.34 points at 51255.49. Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red. Shares of PNB, Bank of Baroda, Vodafone Idea, Central Bank Ind and YES Bank were among the most traded shares on the NSE. ....