Market opening - An Overview
Nifty futures on Singapore Exchange traded 31.00 points, or 0.20 per cent, Higher at 15,911.00 signaling that Dalal Street was headed likely to have a flat opening on Monday.
The Indian rupee traded 74.14 against the US currency on Sunday.
Shares in News today:
Barbeque-Nation Hospitality: The company approved fund raising of nearly Rs 100 crore through the issuance of 11,77,855 equity shares pursuant to a preferential allotment.
Lupin: The global pharma major launched Emtricitabine and Tenofovir Disoproxil Fumarate tablets 200 mg/300 mg, in the US. These tablets are the generic equivalent of Truvada of Gilead Sciences Inc, and indicated in combination with other antiretroviral agents for the treatment of HIV-1 infection.
DCM Shriram Industries: Sunil Singhania-owned Abakkus Asset Manager LLP acquired 1,17,922 equity shares and Abakkus Emerging Opportunities Fund – 1 bought 5.18 lakh equity shares in the company at Rs 361 per equity share.
Brigade Enterprises: The company raised Rs 500 crore from qualified institutional buyers at a price of Rs 268 per share. Goldman Sachs, SBI Mutual Fund, ICICI Prudential, Axis Mutual Fund, Nippon Life, Abu Dhabi Investment Authority and UTI Mutual Fund participated the QIB issue.
Rossell India: Elara India Opportunities Fund sold 3,41,241 equity shares in the company at Rs 145.2 per share on the NSE, the bulk deals data showed.
Atul Auto: The company reported consolidated loss at Rs 5.28 crore in Q4FY21 against profit at Rs 3.77 crore in Q4FY20, revenue fell to Rs 91.17 crore from Rs 112.59 crore YoY.
Finolex Industries: The company reported higher consolidated profit at Rs 298.84 crore in Q4FY21 against Rs 58.66 crore in Q4FY20, revenue jumped to Rs 1,249.34 crore from Rs 768.66 crore YoY.