NEWS. Stock Market NEWS Updated Daily

NEWS. Stock Market NEWS Updated Daily

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NEWS. Stock Market NEWS Updated Daily

Sebi makes mandatory registration of PMS providers with industry body APMI

Sebi makes mandatory registration of PMS providers with industry body APMI

Markets regulator sebi on thursday decided to promote collective oversight of pms distributors by making registration with the association of portfolio managers in india (apmi) mandatory for them. the move is aimed at promoting ease of doing business initi
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Share prices of Godrej Ind, Godrej Properties, Astec Lifesciences drop

Share prices of Godrej Ind, Godrej Properties, Astec Lifesciences drop

Godrej industries shares fell by 7 per cent to rs 893 a share, while godrej property's share fell by 4.4 percent to rs 2,532 a share
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Currency derivatives volumes plunge significantly on RBI exposure norms

Currency derivatives volumes plunge significantly on RBI exposure norms

The central bank deferred exposure rules implementation until may 3 amid investor concerns
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

IEX overall trade volume rises 14% to 9,044 million units in April

IEX overall trade volume rises 14% to 9,044 million units in April

The indian energy exchange (iex) posted 14.1 per cent growth in its overall trade volume at 9,044 million units in april as compared to the year-ago period. the exchange achieved 7,928 mu overall trade volume in april 2023, including green market trade of
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Aadhar Housing Finance sets IPO price band of Rs 300 to Rs 315 per share

Aadhar Housing Finance sets IPO price band of Rs 300 to Rs 315 per share

Aadhar hfc provides a variety of mortgage loan products for residential and commercial property purchase and construction, home improvement and extension
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Embassy Group sales bookings up 85% to Rs 2,250 cr on better housing demand

Embassy Group sales bookings up 85% to Rs 2,250 cr on better housing demand

Realty firm embassy group on thursday said its sales bookings rose 85 per cent in the last fiscal year to record rs 2,250 crore on strong housing demand. in a statement, the company said it achieved best-ever performance in the 202324 fiscal year for its r
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Coforge consolidated net profit rises 94.86% in the March 2024 quarter

Coforge consolidated net profit rises 94.86% in the March 2024 quarter

Sales rise 8.69% to rs 2358.50 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Industrial & Prudential Investment Company consolidated net profit declines 10.22% in the March 2024 quarter

Industrial & Prudential Investment Company consolidated net profit declines 10.22% in the March 2024 quarter

Sales decline 10.77% to rs 0.58 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

INR Stays Range Bound

The indian rupee stayed range-bound and closed 3 paise lower at 83.46 (provisional) against the us dollar on thursday amid a strong american currency and rising crude oil prices in global markets. positive sentiment in the domestic equity markets and the i
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Reliance Industries starts trading US oil setting Brent benchmark

London (reuters) - india's reliance has made its first foray into trading a type of u.s. crude oil that underpins the global brent benchmark in a process run by oil-index publisher s&p global commodity insights, the publisher said.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Euro Stays Supported Above .07 Mark

Euro is staying supported above .07 mark on thursday. the federal reserve staying less hawkish on interest rates caps downside for the eurusd pair. fed left interest rates steady and ruled out the possibility of another rate hike. however, the committee
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Astec Lifesciences reports consolidated net loss of Rs 0.97 crore in the March 2024 quarter

Sales rise 21.09% to rs 153.75 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Ajanta Pharma consolidated net profit rises 65.82% in the March 2024 quarter

Sales rise 19.53% to rs 1054.08 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Omax Autos standalone net profit rises 139.05% in the March 2024 quarter

Sales rise 12.71% to rs 103.99 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Highest-ever advancing stocks on BSE in April amid sharp rebound in markets

The previous high was 2,322 gainers recorded in january
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Federal Bank gains as Q4 PAT rises to Rs 906 crore

Federal bank advanced 3.38% to rs 168 after the private lender's standalone net profit rose marginally to rs 906.30 crore in q4 fy24 as against rs 902.61 crore posted in q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Board of Confidence Petroleum India allots 4.38 lakh equity shares on conversion of warrants

At meeting held on 02 may 2024
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Godrej Family inks deal to split 127-yr old conglomerate

The godrej group announced entering into a family settlement agreement (fsa) and a brand & non-compete agreement, to split the conglomerate into two branches.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Dabur India jumps after Q4 PAT rises 16% YoY to Rs 350 cr

Dabur india added 3.30% to rs 524.30 after the company's consolidated net profit jumped 16.2% to rs 350 crore in q4 fy24 as compared with rs 301 crore in q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Singapore Market ends firmer

The fed signaled that it is still leaning toward eventual reductions in borrowing costs, but needs more evidence that prices are cooling before cutting interest rates.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Nifty settles near 22.650 mark; Ashok Leyland rallies 4%

As per closing provisional data, the barometer index, the s&p bse sensex, was up 128.33 points or 0.17% to 74,611.11. the nifty 50 index added 43.35 points or 0.19% to 22,648.20.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Adani Ports and SEZ gains as Q4 PAT soars 76% YoY to Rs 2,040 cr

Adani ports and special economic zone (apsez) rose 1.27% to rs 1,341.70 after the company's consolidated net profit surged 76.2% to rs 2,039.66 in q4 fy24 as against to rs 1,157.55 crore posted in the same period a year ago.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Hong Kong Market marks eighth days win

At closing bell, the benchmark hang seng index surged by 444.10 points, or 2.5%, to 18,207.13. the hang seng china enterprises index spurted 163.34 points, or 2.6%, to 6,437.09.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

South Indian Bank drops as Q4 PAT slides 14% YoY to Rs 288 cr

South indian bank tumbled 5.10% to rs 29.20 after the bank's standalone net profit declined 13.88% to rs 287.56 crore in q4 fy24 as against rs 333.89 crore recorded in q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Privi Speciality Chemicals reports consolidated net profit of Rs 31.02 crore in the March 2024 quarter

Sales rise 21.48% to rs 484.35 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Ramkrishna Forgings consolidated net profit rises 37.11% in the March 2024 quarter

Sales rise 14.76% to rs 1023.26 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Adani Enterprises consolidated net profit declines 37.63% in the March 2024 quarter

Sales rise 0.82% to rs 29180.02 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Blue Star consolidated net profit declines 28.73% in the March 2024 quarter

Sales rise 26.83% to rs 3327.77 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Australia Market ekes out modest gain

At closing bell, the benchmark s&p/asx200 index advanced 17.02 points, or 0.22%, to 7,586.97. the broader all ordinaries index was up 17.56 points, or 0.22%, to 7,849.42.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Birla Estates records sales of over Rs 2500 cr at launch of Silas at Birla Niyaara

Birla estates, a 100% wholly owned subsidiary of century textiles & industries and the real estate venture of the aditya birla group, announces record sales of its signature tower silas at birla niyaara clocking an extraordinary rs 2500 crore at launch. th
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Lerthai Finance standalone net profit declines 18.95% in the March 2024 quarter

Reported sales nil
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

BoFA, CLSA, Motilal Oswal: Why are these brokerages bullish on Star Health?

In the quarter-ending march (q4fy24) results, star health's net profit jumped 40 per cent to rs 142.3 crore, as against rs 101.8 crore in the same quarter a year ago
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Godrej Industries Ltd leads losers in 'A' group

Aegis logistics ltd, south indian bank ltd, supreme industries ltd and jm financial ltd are among the other losers in the bse's 'a' group today, 02 may 2024.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Aurobindo Pharma update on acquisition of balance stake in Purple Bellflower, South Africa

48% shares of pbf are held by aurogen south africa, south africa (asl), a wholly owned step-down subsidiary of the company and 52% shares are held by other joint venture partners.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

LS polls: India equity options pricing in a no-surprises election verdict

At this time in 2019, the implied volatility was 28 per cent-30 per cent, suggesting an investor had to pay much more to protect against an unexpected outcome -- a bjp loss -- that year
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-05-02

Gujarat Toolroom buys 65 acre land for Rs 570 crore hybrid energy project

Gujarat toolroom on thursday said it has acquired a 65-acre land parcel in gujarat to set up a green energy project at an investment of rs 572 crore. "upon completion, the hybrid power plant aims to contribute 97.5 megawatts of clean and sustainable electr
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Bajaj Finance to resume lending via eCOM, Insta EMI Card as RBI lifts curbs

The reserve bank of india (rbi) has lifted restrictions on bajaj finance on sanctioning and disbursal of loans through ecom and insta emi card, the company said in a regulatory on thursday. in november last year, the central bank had directed bajaj finance
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Breathe easy! Philips says its sleep apnea devices safe for use in India

The company reached a .1 billion settlement for cpap machine lawsuits in us
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Share prices of Godrej Ind, Godrej Properties, Astec Lifesciences drop

Share prices of Godrej Ind, Godrej Properties, Astec Lifesciences drop

Godrej industries shares fell by 7 per cent to rs 893 a share, while godrej property's share fell by 4.4 percent to rs 2,532 a share
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Dabur India Q4FY24 results: Net profit rises 16.2% to Rs 349.5 crore

The maker of real fruit juices and hajmola candy saw its rural business outpacing urban in the last quarter on the back of a growing distribution system in the rural areas
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Wockhardt Hospitals launches early recovery program for liver transplant

The hospital group also claims that the erp program improves the survival rate of the patients by approximately 2-3 per cent while enhancing patient outcomes through advanced techniques
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Adani Green Energy bags 0 mn finance from int'l banks for solar project

Adani green energy ltd (agel) on thursday said it has secured usd 400 million finance from a consortium of five international banks for its under construction solar projects of 750 mw in gujarat and rajasthan. these projects are expected to come online fro
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Adani Energy Solutions arm to acquire 100% stake in Pointleap Projects

Adani electricity mumbai ltd on thursday signed an agreement to acquire 100 per cent stake in pointleap projects pvt ltd (pppl) for a consideration of rs 13.15 crore. adani electricity mumbai limited (aeml) is a subsidiary of adani energy solutions ltd (ae
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Adani Ports Q4FY24 results: Net profit rises 76% to Rs 2,040 crore

Company expects cargo traffic to rise to 500 mmt in 2025
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Coal India registers 17% growth in annual profit, tepid income rise

Board recommends final dividend of rs 5 a share
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Ajanta Pharma Q4 results: Net profit increases 66% to Rs 203 crore

Ajanta pharma on thursday said its consolidated net profit increased 66 per cent to rs 203 crore in the march quarter, aided by robust sales across domestic and international markets. the drugmaker had reported a net profit of rs 122 crore in the january-m
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Coforge Q4 results: Profit rises 94.8%, acquires Cigniti Technologies

The dollar revenue for the fourth quarter grew 1.9 per cent sequentially in constant currency to 6.8 million, led by deal wins worth 0 million
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Cash-strapped Byju's may pay salary to employees for April this week

Amid a severe cash crunch, byju's has implemented a new policy linking sales staff's salaries to the revenue they generate every week
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Abbott launches XIENCE Sierra coronary stent system for heart patients

The xience sierra is the latest generation of the xience family of everolimus-eluting coronary stent systems
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

IndiGo gives 45-day bonus to employees amid significant profits

It is yet to announce its fourth-quarter results. according to elara capital, the airline is expected to post an adjusted profit of rs 2,060 crore in the fourth quarter of 2023-24
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Great Summer Sale to be the biggest ever this year: Amazon executive

Premium and 5g smartphone sales are expected to drive growth
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Adani Enterprises Q4 results: Net profit falls 37.6% to Rs 451 crore

Mumbai international airport ltd (mial) reported a one-time exceptional expense of rs 627.37 crore due to past dues
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

HMSI domestic sales jump 42% to 481,046 units in April, exports up 67%

Honda motorcycle and scooter india on thursday reported a 42 per cent year-on-year jump in domestic wholesales at 4,81,046 units in april. the two-wheeler major had dispatched 3,38.289 units to its dealers in the year-ago. exports increased 67 per cent to
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Coal India Q4 results: Consolidated net profit rises 26% to Rs 8,682 crore

Coal behemoth cil on thursday reported a 26.2 per cent rise in consolidated net profit to rs 8,682.20 crore for the march quarter. the company's consolidated net profit stood at rs 6,875.07 crore in the year-ago period, coal india ltd (cil) said in a regul
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Federal Bank Q4 results: Profit flat at Rs 906 cr due to pension expense

Bank in advance stages of submitting new ceo names to rbi
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Ramkrishna Forgings Q4FY24 results: Net profit surges 31% to Rs 87 crore

Ramkrishna forgings ltd (rkfl) on thursday reported a 31 per cent rise in standalone net profit to rs 87.30 crore for the january-march quarter of 2023-24. its net profit was at rs 66.82 crore in the january-march period of 2022-23, the company said in an
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Tata Projects Q4 results: PAT at Rs 120.5 cr on back of higher revenues

Epc firm tata projects on thursday reported a profit after tax of rs 120.57 crore for the quarter ended march 31 on the back of higher revenues. the company had posted a loss of rs 366.42 crore in the year-ago period, tata projects said in a statement. the
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

IEX overall trade volume rises 14% to 9,044 million units in April

IEX overall trade volume rises 14% to 9,044 million units in April

The indian energy exchange (iex) posted 14.1 per cent growth in its overall trade volume at 9,044 million units in april as compared to the year-ago period. the exchange achieved 7,928 mu overall trade volume in april 2023, including green market trade of
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Moody's tops quarterly profit estimates on back of strong product demand

Moody's investors service revenue grew 35%, fueled by improved market conditions and opportunistic activity which drove strong issuance across multiple asset classes, said cfo noemie heuland
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Wipro to implement Independent Health's medicare prescription payment plan

Wipro's medicare prescription payment plan platform will streamline prescription payments
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

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