State-run MOIL achieved its best ever Q3 and 9 months’ performance in the quarter ended December 31, 2024, the company said in an update on Thursday. The mining company recorded its highest ever Q3 production of manganese ore at 4.6 lakh tonnes along with best ever Q3 sales of 3.88 lakh tonnes which was higher … Read more
“I think the broader call one will have to take only post getting the clarity on the earnings picture. But my overall view is that the Nifty or the largecap companies by and large should hold out. I do not see a reason for a significant downward correction as far as the Nifty and the … Read more
India’s largest domestic institutional investor Life Insurance Corporation of India (LIC) has reduced ownership in at least 80 stocks, including 16 PSUs, in the March quarter with the market value of its portfolio surging to Rs 14 lakh crore. LIC was seen cutting stakes in BHEL, SAIL, Coal India, Oil India, Mahanagar Gas, MOIL, SBI, … Read more