Tutorials

Pakistan’s Karachi Stock Exchange was attacked by four gunmen on Monday morning killing at least 10 people. The attack on Pakistan’s stock exchange building sent the Karachi Stock Exchange 100 (KSE 100) index down 220 points as investors heard the news of the attack. However, a few hours after the attack was thwarted the KSE 100 staged a sharp recovery and was seen surging 398 points from the day’s low. The KSE 100 surged to Read More

Ashok Leyland stock price plummeted 4.2% from the day’s high on Friday, after the Hinduja Group flagship firm reported a loss of Rs 57 crore in the January-March quarter, against a profit of Rs 653 crore in the same period last year. Income dropped massively for the company as it only managed to generate income of Rs 3,872 crore in the said quarter against Rs 8,855 in the same period last year. Ashok Leyland shares Read More

South-based lender Federal Bank will be paying over Rs 80 crore to buy additional four per cent stake in its life insurance joint venture IDBI Federal Life Insurance, a top official has said. The stake buy from the state-run IDBI Bank will take Federal Bank’s stake in the 12-year-old company to 30 per cent, the maximum permissible level for a lender under the regulations, its managing director and chief executive Shyam Srinivasan told PTI. Without Read More

Bank of Baroda share price zoomed 9 per cent to Rs 55 apiece on BSE a day after the bank reported a net profit of Rs 506.6 crore in the January-March quarter of the financial year 2019-20. The bank had posted a loss of Rs 991 crore in the corresponding quarter of the previous year. Bank of Baroda stock price has rallied over 52 per cent from its May low. “The results for the quarter Read More

Share price of ICICI Prudential Life Insurance Company has surged 8% in the last two days after parent company ICICI Bank announced divestment of a 1.5% equity stake in the firm. This has taken the stock price from a price of Rs 391 per share at the end of trading last week to Rs 421 apiece on Tuesday. ICICI Bank has now sold 2.15 crore equity shares of face value of Rs. 10 each, representing Read More