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APL Apollo Tubes hits new high; stock zooms 128% in calendar year 2020

APL Apollo Tubes hits new high; stock zooms 128% in calendar year 2020

Shares of APL Apollo Tubes rose 2 per cent to hit a new high of Rs 853 on the BSE in Thursday's early trade. The stock has gained 4 per cent in the past two days after CARE Ratings revised the long-term ratings assigned to the bank facilities of the company with a stable outlook.

The stock was trading higher for the seventh straight day and has rallied 18 per cent during the period. During the calendar year 2020, it has logged 128 per cent gains, as compared to a 16-per cent rise in the S&P BSE Sensex.

Gold price today at Rs 53,300 per 10 gm, silver trending at Rs 68,400 a kg

Gold price today at Rs 53,300 per 10 gm, silver trending at Rs 68,400 a kg

Gold price today climbed to Rs 53,300 from Rs 53,230 per 10 gm, while silver price was trending at Rs 68,400 per kg, according to the Good Returns website.

Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.

Rupee surges 19 paise to 73.12 against the US dollar in early trade

Rupee surges 19 paise to 73.12 against the US dollar in early trade

The rupee appreciated by 19 paise to 73.12 against the US dollar in opening trade on Thursday supported by sustained foreign fund inflows and weakness of the American currency in the overseas market.

At the interbank forex market, the domestic unit opened at 73.15 against the US dollar and inched higher to 73.12 against the greenback.

Night curfew in Delhi from 11 pm to 6 am on December 31, January 1 to restrict New Year celebrations

Night curfew in Delhi from 11 pm to 6 am on December 31, January 1 to restrict New Year celebrations

Amid the new strain of the coronavirus, no public gatherings will be allowed in Delhi on December 31 and January 1 between 11 pm and 6 am as the state government has announced a night curfew to restrict the New Year celebrations.

Ahead of the New Year, the Delhi Disaster Management Authority on Thursday imposed a night curfew in Delhi, disallowing celebrations and the assembly of over five people at public places in light of the ongoing COVID-19 pandemic and the new strain of the virus.

India extends suspension of UK flights till January 7 due to more infectious COVID-19 strain

India extends suspension of UK flights till January 7 due to more infectious COVID-19 strain

As India reported 20 cases of the new COVID-19 strain from the UK, the government has extended the suspension of flights from the country till January 7.

Declaring the extension, Union Civil Aviation Minister Hardeep Singh Puri said that the details for resumption will be announced shortly.

Kalpataru Power Transmission secures new orders worth Rs 900 crore

Kalpataru Power Transmission secures new orders worth Rs 900 crore

Kalpataru Power Transmission Ltd (KPTL) on Wednesday said it has secured new orders worth Rs 900 crore in the domestic and overseas markets.

The company said it has won orders in the T&D (transmission and distribution) business from the overseasmarket.

IFGL Refractories hits 52-week high on rating upgrade, leaps 53% in a month

IFGL Refractories hits 52-week high on rating upgrade, leaps 53% in a month

Shares of IFGL Refractories surged 9 per cent in intraday trade on the BSE on Wednesday to hit a 52-week high of Rs 267 after the company said rating agency ICRA has upgraded credit rating assigned to the company's Rs 173 crore line of credit with a stable outlook. The stock had hit a record high of Rs 374 in January 2018.

Gold price today at Rs 53,240 per 10 gm, silver trending at Rs 68,200 a kg

Gold price today at Rs 53,240 per 10 gm, silver trending at Rs 68,200 a kg

Gold price today climbed to Rs 53,240 from Rs 53,230 per 10 gm, while silver price was trending at Rs 68,200 per kg, according to the Good Returns website.

Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.

Adani Gas hits new high; stock zooms 408% from March 2020 low

Adani Gas hits new high; stock zooms 408% from March 2020 low

Shares of Adani Gas hit a new high of Rs 390, up 4 per cent on the BSE in intra-day trade on Wednesday in otherwise range-bound market. The stock of Adani Group integrated oil & gas company surpassed its previous high of Rs 382.50 touched on December 3, 2020. In comparison, the S&P BSE Sensex was up 0.04 per cent at 47,633 levels at 10:58 am.

In the past three months, Adani Gas has zoomed 106 per cent, as compared to 25 per cent rise in the S&P BSE Sensex during the same period. The stock has skyrocketed 408 per cent from March low of Rs 76.70 on the BSE.

Rupee surges 9 paise to 73.33 against the US dollar in early trade

Rupee surges 9 paise to 73.33 against the US dollar in early trade

The rupee appreciated by 9 paise to 73.33 against the US dollar in opening trade on Wednesday supported by sustained foreign fund inflows and weakness in the American currency in the overseas market.

At the interbank forex market, the domestic unit opened at 73.35 against the US dollar, then inched higher to 73.33 against the greenback, registering a rise of 9 paise over its previous close.

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