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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

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

Genpact partners with TeamLease to hire over 5,000 graduate apprentices

Teamlease degree apprenticeship (tlda) on monday said it has joined hands with global professional services and solutions firm genpact under which the latter will employ over 5,000 graduate apprentices through the ministry of education apprenticeship progr
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Route Mobile Q4 results: Profit falls 9% to Rs 95 cr, revenue remains flat

Enterprise communication firm route mobile on monday posted 8.5 per cent decline in consolidated net profit at rs 95.16 crore for the fourth quarter ended march 31, 2024. the company had clocked a net profit of rs 104.05 crore in the same period a year ago
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Indian Bank Q4FY24 results: Net profit rises 55% to Rs 2,247 crore

As on march 31, 2024, the company's gross non-performing assets (npa) were 3.95 per cent of gross advances, compared to 5.95 per cent during the same period in 2023
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Hexaware acquires US-based Softcrylic to strengthen data capabilities

Softcrylic specialises in tackling complex data challenges, from data capture and validation to data modelling and activation
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Rapido offers free rides to voters on May 13 in Hyderabad, 3 other cities

Rapido, india's foremost commute app, on monday said it pledges to provide free bike taxi, auto and cab rides to voters across hyderabad and also karimnagar, khammam and warangal on may 13, the polling day. rapido is joining hands with the office of the ch
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Petrobras loads diesel from RIL on crude tanker in India after delay

The larger shipments will likely ease downward pressure on an oversupplied asian diesel market and create a price floor for the current market, the sources said
Tag: Company 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: Company India    Source: business-standard.com   Dated: 2024-05-06

Quadria Capital acquires minority stake in NephroPlus for 2 million

"the transaction will support nephroplus in serving the growing demand for high quality, affordable dialysis services across india and other markets in asia," singapore-headquartered quadria said
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Coromandel expands agtech footprint, increases shareholding in Ecozen

With this, coromandel has increased its shareholding in ecozen to 5.54 per cent, an increase of 3.13 per cent. ecozen is known for its innovative and sustainable solutions
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Zee Media Corporation terminates CEO Abhay Ojha; Idris Loya to take over

Zee media corporation limited said it had confirmed the cessation of employment of chief executive officer (ceo) abhay ojha with effect from may 4, 2024
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Wipro, Microsoft team up for AI virtual assistants for financial services

Wipro's new genai-powered cognitive assistants will operate on microsoft azure open ai and will be accessible through azure app services
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

HCLTech partners with Amazon Web Services to drive GenAI adoption

It services firm hcltech on monday said it has partnered with amazon web services (aws) to 'accelerate genai-led enterprise digital transformation'. the companies will work together to implement aws genai (generative ai) services such as amazon bedrock, am
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

BSNL to launch 4G services across India in August; to use indigenous tech

State-owned bsnl will start rolling out 4g services across the country from august, using completely indigenous technology in line with the government's "atmanirbhar" policy, according to official sources. bsnl officials claimed to have recorded peak speed
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

CG Power and Industrial Solutions Q4 results: Profit dips 10% to Rs 234 cr

Cg power and industrial solutions on monday reported 10 per cent dip in consolidated net profit to rs 234 crore for march quarter fy24, mainly due to higher expenses. its net profit (from continuing operations) was rs 260 crore in the quarter ended march 3
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Coal India's contribution to govt exchequer up 6.4% at Rs 60,140 cr in FY24

State-owned coal india ltd's contribution to the government exchequer increased by 6.4 per cent to rs 60,140.31 crore in fy24, over the financial year 2022-23. coal india ltd (cil), which accounts for over 80 per cent of domestic coal output, paid rs 56,52
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Jet Airways founder granted interim bail for 2 months on medical grounds

The bombay high court on monday granted interim bail for two months on medical grounds to jet airways founder naresh goyal, who has been arrested by the enforcement directorate (ed) in a money laundering case. a single bench of justice n j jamadar said goy
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Marico Q4FY24 results: Net profit up 5% at Rs 318 cr, revenue rises 1.7%

The board of directors of marico limited declared a second interim dividend of rs 6.50 per equity share, the total dividend for the year ended march 31, 2024, amounts to rs 9.50 per equity share
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

Indian Bank Q4 results: Net profit jumps 55% to Rs 2,247 crore, NII up 9%

Public sector lender indian bank reported a 55 per cent jump in net profit at rs 2,247 crore in march quarter of 2023-24. the bank had a net profit of rs 1,447 crore in march quarter of the preceding fiscal. total income increased to rs 16,887 crore in mar
Tag: Company India    Source: business-standard.com   Dated: 2024-05-06

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