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chitranjan kumar

Chitranjan Kumar

Intellect Design Arena share jumps 9% intraday

This stock rallied 31% so far in March, 1,500% in last 12 months

by Chitranjan Kumar |Mar 22, 2021

The stock of financial technology company has risen 31 per cent so far in March 2021, and 1,567 per cent over 12 months period from its 52-week low of Rs 44, touched on March 25, 2020, on strong outlo...

Finance Minister Nirmala Sitharaman will present her third consecutive Budget on  February 1

Budget 2021 to be growth supportive; health, R&D spending to get boost: YES Bank report

by Chitranjan Kumar |Jan 21, 2021

According to economists at YES Bank, heath and R&D related spending is expected to see a boost to align India with its global peers and to adapt to ongoing changes in global health conditions

Muthoot Finance aims to achieve a 15 per cent growth in gold loan portfolio for FY21

Muthoot Finance Q1 results: Profit jumps 59% to Rs 841 crore, loan assets up 15%

by Chitranjan Kumar |Aug 19, 2020

Muthoot Finance Q1 results: Loan assets stood at Rs 41,296 crore compared to Rs 35,816 crore in previous year, registering a YoY growth of 15 per cent

Axis Bank's composite index of economic activity indicators suggest a loss of activity momentum since January 2021

Economic recovery lost steam in Jan-Feb: Axis Bank

by Chitranjan Kumar |Mar 2, 2021

Axis Bank says that leading and concurrent high frequency indicators are showing signs of plateauing at about 3 per cent below pre-lockdown levels, which is a cause for worry

RailTel Corporation shares gained 20% to close at Rs 174.75 on BSE

Why RailTel Corporation shares rallied 86% in 3 sessions

by Chitranjan Kumar |Mar 2, 2021

Shares of RailTel Corporation have surged 86 per cent over issue price of Rs 94, while it has gained 67 per cent against its listing at Rs 104 on BSE on February 26

Upcoming IPOs in March 2021: Kalyan Jewellers, Easy Trip Planners, Aadhar Housing Finance, Apeejay Surrendra Park Hotels, Suryoday Small Finance Bank and more

Upcoming IPOs in March 2021 in India: Kalyan Jewellers, Easy Trip Planners, MTAR Tech and more

by Chitranjan Kumar |Mar 1, 2021

Upcoming IPOs in March 2021: MTAR Technologies, Easy Trip Planners, Puranik Builders, Apeejay Surrendra Park Hotels, Laxmi Organic Industries, Suryoday Small Finance Bank, Craftsman Automation, Barbeq...

National Fertilizers shares zoomed 19.96% to close at Rs 63.70 on BSE

This PSU stock surged 67% in a week; did you miss the rally

by Chitranjan Kumar |Mar 1, 2021

National Fertilizers shares have rallied 67 per cent in the past one week from Rs 38.1 on February 23 to Rs 63.70 as of today

CMIE data showed that unemployment rate dropped in urban areas, while it increased in rural areas

India's unemployment rate rises to 6.9% in February: CMIE

by Chitranjan Kumar |Mar 1, 2021

Among the states, Haryana reported the highest unemployment rate of 26.4 per cent, followed by Rajasthan at 25.6 per cent and Goa at 21.1 per cent

GDP growth is expected to decline by 8% in FY21

SBI Ecowrap lowers FY21 GDP growth forecast to -8%

by Chitranjan Kumar |Feb 27, 2021

New curbs on movement of people or restrictions on businesses are a risk to the nascent recovery, given that gains in Q3 FY21 probably came from the reopening of the economy, says SBI Ecowrap report

ReNew Power's deal with RMG Acquisition Corporation II is expected to close in the second quarter of 2021

Goldman-backed ReNew Power to list on Nasdaq via $8 billion SPAC deal

by Chitranjan Kumar |Feb 24, 2021

The fund proceeds will be used to support ReNew's growth strategy, including the buildout of its contracted, utility-scale renewable power generation capacity, as well as to reduce debt