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NEWS. Stock Market NEWS Updated Daily

NEWS. Stock Market NEWS Updated Daily

This NEWS section covers current news for stock markets. To view latest news about specific stocks, please browse to the desired stock pages. Click one of the exchanges in the menu above and then use the search box to find your desired stock.

NEWS. Stock Market NEWS Updated Daily

Belstar Microfin files papers for Rs 1,300-crore IPO

The company is a nbfc-mfi (non-banking finance company - micro finance institution) offering loan products, such as micro enterprise, small enterprise, consumer goods, festival, education and emergency loans, and focuses on the lending model of 'self-help
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-07

CDSL adds 1.09 crore demat accounts in March quarter

Cdsl added 85 lakh new accounts in the december 2023 quarter, 80 lakh in the september quarter, and 52 lakh in the march 2023 quarter, the depository said in an exchange filing.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-07

Titan plunges 7.2% on profitability worries, analysts cut price targets

"aggressive store expansion by existing players and entry of new player (e.g., novel jewels by aditya birla group will invest ₹5,000 cr) may keep competitive intensity elevated," said citi's analysts in a client note.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-07

Kotak Bank 'attractive' despite short-term issues, rises over 5%

Analysts said despite the short-term challenges, the bank's valuations are attractive compared to its peers given its sector-leading metrics on key parameters. regulatory relief and top management stability will be key catalysts in the near term.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-07

Deepak Nitrite surges 4.8% after double upgrade from Morgan Stanley

The brokerage said deepak nitrite is in the midst of its largest investment cycle, transitioning into india's largest, integrated phenolics producer.
Tag: Share Markets India    Source: indiatimes.com   Dated: 2024-05-07

Microsoft buys land in Hyderabad for Rs 267 cr to build data centre

Microsoft has acquired 48 acres of land in hyderabad for a deal worth around '267 crore. the property, located about forty kilometers from hyderabad, is part of microsoft's plans to expand its data centre business. the acquisition adds to its existing netw
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

Britannia ready to lose on margins to gain on volumes

Britannia, the largest biscuit maker in india, is targeting double-digit volume growth despite potential price increases for wheat and sugar post-elections. the company is also focusing on expanding adjacent businesses and building its core biscuit portfol
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

BAT unlikely to bat on the board of ITC's hotels biz

Itc's hotel business will not have any board representation from its largest shareholder, bat, according to a demerger document. bat will own 15.32% in itc hotels as foreign direct investment, making it the largest public shareholder after itc's promoter h
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

Trai may give telcos time for upgrading their IT systems

Telecom operators are holding consultations with officials from the telecom regulatory authority of india (trai) regarding the new rules that have come into effect. since a large amount of data has to be submitted and the format is also different, the indu
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

KSK Mahanadi to NCLT: Change of circumstances calls for fresh bidding

Ksk mahanadi power company, represented by its resolution professional's counsel, informed the nclt, hyderabad, on monday, that new circumstances necessitate a reissuance of bids under the corporate insolvency resolution process (cirp) for ksk mahanadi pow
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

Norms eased to draw in more suppliers for power equipment

India's primary planning and advisory body for the power sector has loosened a significant condition for power equipment supplies in public sector projects, aiming to enable utilities to issue tenders that facilitate greater involvement from private vendor
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

Authorised car dealers can claim input tax credit on demo cars: AAR

Gst authority ruled dealers can claim input tax credit on demo cars. landmark cars east pvt ltd sought ruling on taxation aspects, specified time period for inward supply to potential mercedes benz car buyers.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

PSBs set to develop road map for deploying GenAI systems

According to sources familiar with the matter, state-owned banks are preparing to devise a comprehensive strategy and roadmap for implementing generative artificial intelligence (genai) systems. pilot projects are slated for launch within the current fisca
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

Ampin Energy secures Rs 292 crore from Swiss firm ResponsAbility

Ampin energy transition raised million to expand solar capacity to 10gwp by 2030, supporting india's 500 gw renewable energy target. the investment aims to drive the transition for commercial and industrial customers, led by ceo pinaki bhattacharyya.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

Money laundering: Court discharges industrialist in a coal block allocation case

Manoj jayaswal discharged in a money laundering case related to coal block allocation scandal. charges against others. advocate vijay aggarwal represents jayaswal in the case.
Tag: Industry India    Source: indiatimes.com   Dated: 2024-05-07

Singapore Stock Market May Find Additional Support On Tuesday

(rttnews) - the singapore stock market rebounded on monday, one session after ending the three-day winning streak in which it had risen more than 15 points or 0.5 percent. the straits times index now rests just above the 3,300-point plateau and it may add
Tag: Stock Market USA    Source: nasdaq.com   Dated: 2024-05-07

Is Micron Technology Stock Going to 0? 1 Wall Street Analyst Thinks So.

Micron technology (nasdaq: mu) shares have nearly doubled over the last 12 months following a sharp turnaround for this top memory chip supplier. the stock currently trades near 0 after hitting a 52-week high of 0 earlier this year, but the demand fo
Tag: Stock Market USA    Source: nasdaq.com   Dated: 2024-05-07

Nestle, Britannia, ITC: Winners, losers from plastic waste management norms

In the kie consumer staples universe, dabur reported the highest packaging cost at 12.5 per cent of its standalone revenues in fy23
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Marico rises after Q4 PAT climbs 14% YoY to Rs 318 cr

Marico jumped 2.75% to rs 531.05 after the fmcg company's consolidated net profit jumped 14% to rs 318 crore in q4 fy24 as compared with rs 302 crore in q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Chemcrux Enterprises standalone net profit declines 24.32% in the March 2024 quarter

Sales decline 7.35% to rs 18.54 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Uttam Sugar Mills standalone net profit declines 39.80% in the March 2024 quarter

Sales decline 11.81% to rs 465.15 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Apcotex Industries standalone net profit declines 34.04% in the March 2024 quarter

Sales rise 21.27% to rs 310.58 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Coromandel International hikes stake in Ecozen

Through its venture capital arm dare ventures
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Wipro launches suite of Gen-AI powered cognitive assistants for financial services

In collaboration with microsoft
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Lupin receives USFDA approval for Travoprost Ophthalmic Solution USP

Travoprost ophthalmic solution usp, 0.004%, is indicated for the reduction of elevated intraocular pressure in patients with open angle glaucoma or ocular hypertension.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Mastek announces its Gen-AI powered solutions portfolio - iConniX

Mastek announced its iconnix portfolio to enable gen ai-led innovation across industries. iconnix currently offers over 120 ai assets, 4 ai platforms, and solution blueprints tailored to meet industry specific business use cases.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

FirstCry's parent company Brainbees Solutions re-files documents for IPO

The securities and exchange board of india (sebi) had asked the company to re-file the draft documents due to inadequate disclosure of key performance indicators (kpis)
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Investments through P-note surge to near 6-yr high at Rs 1.5 trillion

Investments through participatory notes in the indian capital markets reached rs 1.5 lakh crore at the end of february, making it the highest-level in nearly six years, driven by a strong performance of the domestic economy. the latest data includes the va
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Mishka Exim reports consolidated net profit of Rs 0.31 crore in the March 2024 quarter

Sales rise 70.68% to rs 3.26 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Route Mobile consolidated net profit declines 13.30% in the March 2024 quarter

Sales rise 0.83% to rs 1017.03 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

GHCL consolidated net profit declines 44.89% in the March 2024 quarter

Sales decline 26.47% to rs 823.38 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Syschem (India) reports standalone net loss of Rs 0.26 crore in the March 2024 quarter

Sales rise 52.75% to rs 74.71 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Gujarat Fluorochemicals consolidated net profit declines 69.58% in the March 2024 quarter

Sales decline 23.00% to rs 1133.03 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Kamdhenu standalone net profit rises 55.67% in the March 2024 quarter

Sales rise 5.48% to rs 176.04 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Mahindra Finance slips as Q4 PAT slides 10% YoY to Rs 619 cr

Mahindra & mahindra financial services fell 2.66% to rs 259.85 after the nbfc's standalone net profit declined 9.52% to rs 618.99 crore in q4 fy24 as against rs 684.12 crore reported in q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Marico consolidated net profit rises 5.30% in the March 2024 quarter

Sales rise 1.70% to rs 2278.00 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Smruthi Organics standalone net profit rises 120.29% in the March 2024 quarter

Sales rise 7.83% to rs 39.66 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Rapicut Carbides reports standalone net profit of Rs 0.53 crore in the March 2024 quarter

Sales rise 7.77% to rs 16.92 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Marico standalone net profit rises 12.25% in the March 2024 quarter

Sales decline 3.82% to rs 1637.00 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Board of GHCL approves revenue budget and capital budget for FY25

At meeting held on 06 may 2024
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

EaseMyTrip.com opens new franchise store in Amritsar

This new outlet is located at sco 5 c block market, ranjit avenue, amritsar, marking another milestone in the company's continuous effort to blend its robust online presence with an expanding offline reach through a strategic franchising model. this is the
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Quick Wrap: Nifty PSU Bank Index registers a drop of 3.66%

Powered by capital market - live news
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Arvind Q4 PAT rises 13% YoY to Rs 104 cr

The clothing retailer's consolidated net profit (from continuing operations) rose 12.97% to rs 104.42 crore on 10.3% increase in revenue from operations to rs 2,074.51 crore in q4 fy24 over q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Grindwell Norton consolidated net profit declines 6.66% in the March 2024 quarter

Sales rise 4.01% to rs 687.42 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Gujarat Poly Electronics standalone net profit declines 51.68% in the March 2024 quarter

Sales rise 5.64% to rs 4.31 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Punjab Chemicals & Crop Protection consolidated net profit declines 24.69% in the March 2024 quarter

Sales rise 0.76% to rs 196.53 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

SPS International reports standalone net loss of Rs 0.12 crore in the March 2024 quarter

Reported sales nil
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

KPT Industries standalone net profit rises 108.57% in the March 2024 quarter

Sales rise 10.67% to rs 39.19 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Styrenix Performance Materials standalone net profit rises 16.31% in the March 2024 quarter

Sales decline 2.69% to rs 598.71 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Paytm slips 5% on resignation of president & COO Bhavesh Gupta

Bhavesh gupta, who was overseeing the payments and lending businesses, has decided to take a career break due to personal reasons
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Mangalore Refinery And Petrochemicals Ltd leads losers in 'A' group

Power finance corporation ltd, titan company ltd, rec ltd and punjab national bank are among the other losers in the bse's 'a' group today, 06 may 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Moschip Technologies Ltd leads losers in 'B' group

Aion-tech solutions ltd, gcm securities ltd, punjab chemicals & crop protection ltd and arihant superstructures ltd are among the other losers in the bse's 'b' group today, 06 may 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-06

Unity Small Finance Bank Q4 results: Net profit at Rs 143 cr on higher NII

Unity small finance bank on monday reported a net profit of rs 143 crore for the january-march quarter buoyed by higher net interest income. the bank, promoted by centrum financial services, had reported a net loss of rs 52 crore in the march quarter of 20
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

TI Clean Mobility to raise Rs 580 crore from GEF Capital Partners

Ticmpl focuses on creating electric vehicle (ev) native commercial vehicle platforms across three-wheelers, tractors, and small and heavy commercial vehicles
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Drone Destination partners Iffco for spraying agri products on 3 mn acres

Drone company drone destination on monday said it has signed an agreement with cooperative major iffco for spraying agricultural products on up to 30 lakh acres of farm land. according to company officials, under the agreement drone destination could get p
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Arvind SmartSpaces Q4 results: Net Profit rises 67% to Rs 15 crore

Realty firm arvind smartspaces ltd on monday reported 67 per cent increase in net profit to rs 15.49 crore for the quarter ended march on higher income. its net profit stood at rs 9.30 crore in the year-ago period. total income rose to rs 120.10 crore in t
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Quadria Capital picks up minority stake in NephroPlus for Rs 850 crore

Founded in 2010, nephroplus currently operates about 450 dialysis centres across three main countries: india, the philippines, and uzbekistan
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

ICICI Bank enables UPI payments in India for NRIs via int'l mobile numbers

Icici bank on monday announced that it has enabled instant payment facility upi for its non-resident indian (nri) customers in india through their international mobile numbers. according to the bank, this will significantly enhance convenience of making ev
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Britannia expects double-digit volume growth after election: MD Varun Berry

Leading food products company britannia industries expects a "double-digit growth" in volumes post general elections and the monsoon season with a "manageable inflation", its vice chairman and managing director varun berry said on monday. the company is "h
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Square Yards Q4 results: Revenue up 49% to Rs 1,004 cr on strong demand

Square yards, which is mainly in the housing and home loan brokerage business, on monday said its revenue has risen 49 per cent to rs 1,004.45 crore during the last fiscal year, driven by strong demand for residential properties. of the total revenue, its
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

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