Reduce bounce rates

Higher 4-wheeler sales, rise in LPG price, & more – Daily Digest (every day)

Sensex 58,909.35 ▼ 0.84%
Nifty 17,321.90 ▼ 0.74%

+Divgi TorqTransfer IPO was subscribed 0.38 times till day 2. Retail investors subscribed to the issue 1.56 times.

+Indian telecom companies have crossed the 3-year 5G network rollout target within 6 months: Department of Telecom.

+India has decided to not go ahead with duty-free import quota of sunflower oil. The government had previously planned for duty-free import of 2 million tonnes of crude sunflower oil for the next financial year.

+Decathlon is in discussions with the Indian government for allowing it to sell products from competing companies in its stores.


Stocks in the news

Hero MotoCorp: reported a 10% year-on-year increase in sales at 3.94 lakh units in Feb.

Airtel: crosses 10 lakh 5G subscribers in Mumbai.

PVR-Inox: is planning to add 200 screens every year.

Coal India: posted a 14.3% year-on-year increase in production at 619.7 million tonnes.

Sun Pharma: reported an “information security incident”. The company said that it is investigating the matter.

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