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The CCI said the company has "abused its dominant position in the relevant market of the market for the supply of VSF to spinners in India by charging discriminatory prices to its customers, denying market access and imposing supplementary obligations upon its customers". ....
Day trading guide: 2 stock recommendations SECTIONS Last Updated: Jun 06, 2021, 01:19 PM IST Share Synopsis Bank Nifty managed to post positive returns for the straight third week, however in today’s trade BankNifty witnessed a throwback from the 35810 zone. Mild consolidation is possible between 34800-35800 band. Midcap-100 index continued its upward trajectory at uncharted territory, stock specific rally within this space is likely to continue. ETMarkets.com Infrastructure index rallied for the straight eleventh session, mild consolidation might be there, however from a positional point of view this space has more room on upside. Related Gaining for the consecutive third week, Nifty surpassed levels of 15700 mark. However in today’s trade, Nifty turned choppy; after marking a high of 14734, it erased early gains to make a low at 15622. Appearance of small bearish candle indicates some profit taking; mild consolidation in the Nifty is possi ....
Financial stocks such as Bajaj Finserv and Bajaj Finance rallied around 2 per cent, while information technology stocks such as Wipro, Infosys and Tech Mahindra gained 1-2 per cent each on BSE ....
Grasim Industries’ 2021 financial year full-year sales rise as profit falls Written by Global Cement staff 25 May 2021 India: Grasim Industries’ full-year consolidated net sales rose by 2% year-on-year to US$10.5bn in its 2021 financial year from US$10.3bn in the 2020 financial year. The profit attributable to owners of the company was US$591m, down by 3% from US$606m. Cement sales rose by 5% to US$6.15bn from US$5.83bn. ....
Grasim net up 13% in Q4 on better realisation May 24, 2021 Plans ₹2,600-cr capex this fiscal Grasim Industries, an Aditya Birla Group company, has reported 13 per cent increase in March quarter consolidated net profit at ₹2,617 crore, against ₹2,309 crore logged in the same period last year, largely due to better realisation. Revenue was up 26 per cent at ₹24,399 crore (₹19,350 crore) while Ebitda was up 56 per cent at ₹5,142 crore. The company declared a dividend of ₹9 per equity share. Revenue from the discontinued fertilizer business was down at ₹561 crore (₹623 crore) while Ebitda almost halved to ₹33 crore (₹68 crore). The financial performance of the fertilizer business was not included in this quarter as the company expects to divest the business by Q2 of FY22. ....