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NSE share market NEWS tomorrow (23 May, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (23 May, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 23 May 2024

Uno Minda was amongst the top gainers, currently trading at 829.95 in NSE with 8.366 times change in volumes and 9.528% change in price. Other gainers included Rail Vikas with 9.036% price change and 1.315 times volumes, Mazagon Dock with 8.59% price change and 3.556 times volumes, Adani Enterprises with 7.843% price change and 2.07 times volumes, and Abb Power with 7.265% price change and 0.619 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Lupin was amongst the top losers, currently trading at 1632.65 in NSE with 1.278 times change in volumes and -4.846% change in price. Other losers included Max Healthcare with -4.205% price change and 0.863 times volumes, Hindustan Zinc with -4.066% price change and 0.39 times volumes, Kaynes Technology with -3.424% price change and 0.614 times volumes, and One 97 with -3.416% price change and 0.495 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Other stocks which made news headlines today and can be traded tomorrow are below.

ICRA Q4 results: Net profit up 21.8% to Rs 47 cr, total revenue rises 13.7%. For financial year FY24, its consolidated net profit rose to Rs 152.24 crore up from Rs 136.72 crore in FY23

Adani Group mcap rises to Rs 17.5 trn, highest since Hindenburg incident. Shares of flagship Adani Enterprises rose 8 per cent, followed by Adani Ports, which closed the day with a 4.7 per cent gain

Air India announces salary hike, annual performance bonus for pilots. The new compensation structure, effective April 1, will see first officers and captains receive a monthly salary hike of Rs 5,000, while commanders' pay will be raised by Rs 11,000

Boeing sees negative free cash flow in 2024 as deliveries remain sluggish. Top U.S. enforcement officials are also weighing whether to charge the company for violating an agreement that shielded it from prosecution stemming from previous jet crashes in 2018 and 2019

Investments by PE, VC funds decline 35% in April to .4 bn: Report. The number of deals in April stood at 98, which was 56 per cent higher than the year-ago period, the report by EY, a consultancy firm, and industry lobby grouping IVCA said

With expansion on mind, JSW Energy builds money purse, human capital. In April, JSW Energy completed a fund raise of Rs 5,000 crore through the qualified institutional placement (QIP) route

HCLTech to acquire certain assets of HPE's Communication Tech for 5 mn. IT company HCLTech on Thursday said it will acquire certain assets of Hewlett Packard Enterprise's Communications Technology Group (CTG) for USD 225 million, about Rs 1,874 crore, in an all-cash deal. As part of this agreement, approximately 1,500 employee

Fortis Healthcare Q4 results: Net profits up 46.9%, revenue rises 8.7%. The company's revenue from operations rose to Rs 1,786 crore in Q4 FY24, an 8.7 per cent Y-o-Y rise from Rs 1,643 crore reported in Q4 FY23

Segantii Capital to shut as insider trading charge draws redemptions. The executives said the hedge fund will wind down in a measured fashion, and deferred questions on compensation and jobs, the person added. The company said separately that it's suspending redemptions

Tesla excludes delivery goal of 20 mn vehicles a year in impact report. Slowing growth in EV demand and tough competition have hit demand for Tesla's vehicles

Azad Engineering to build fully integrated advanced turbo engine for DRDO. AZAD will start delivering fully integrated advanced turbo engines by early 2026

Capital Group buys over 322,000 shares of IT firm Coforge for Rs 163 cr. Financial services company Capital Group on Thursday bought shares of IT company Coforge for Rs 163 crore through an open market transaction. US-based Capital Group through its affiliate New World Fund Inc acquired shares of Coforge through a bulk deal on

'Volkswagen in talks about passenger car production partnership in India'. The comments come after Volkswagen in February signed a supply agreement with India's Mahindra on the use of key electric components of the German carmaker's open platform for electric vehicles

Goswami Infratech gets nod to delay payment due this month: Report. The company has received sufficient creditor backing for a proposal to delay a bond payment, according to the people familiar who asked not to be identified

Sterlite Power gets stakeholders' nod to demerge transmission business. Sterlite Power Transmission Ltd (SPTL) on Thursday said it has received shareholders' nod to demerge its transmission business. The demerged transmission infrastructure is to be housed under Sterlite Grid 5 Ltd, and the global products and specialised EPC

Ex-Wipro boss is highest-paid Indian IT CEO for second year straight. Thierry Delaporte earned mn in FY24 and mn the year before; he resigned last month

Cube Highways announces Rs 3.94 per unit dividend totaling Rs 508 cr for Q4. Cube Highways Trust, managed by Cube Highways Fund Advisors Pvt Ltd has approved Rs 3.94 per unit distribution to ordinary unitholders aggregating Rs 508 crore for Q4 FY24. The per unit distribution comprises Rs 1.79 as interest, 20 paise as dividend, Rs 1

Page Industries Q4 earnings miss on high inventory costs, muted demand. Soaring inventory costs hit Page Industries' bottom-line even as post-COVID demand for its innerwear and athleisure collections stayed steady

IndiGo Q4 results: Net profit zooms 106% to Rs 1,895 crore, revenue up 26%. IndiGo Q4 FY24 results: The company reported a 25.9% year-on-year growth in revenue from operations at Rs 17,825.27 crore, from Rs 14,160.6 crore

Zudio sold 90 t-shirts, 17 lipsticks each minute in FY24, entered 46 cities. Tata Group's fashion chain appeals to young Indians looking to refresh their wardrobe regularly, says annual report of parent company Trent

Yatharth Hospitals Q4 result: Net profit up 121%, revenue rises 24%. The company also announced the commencement of operations at their newly acquired hospital in Faridabad, strengthening its presence in the Delhi NCR market

JK Lakshmi Cement Q4FY24 results: Net profit rises 43% to Rs 157 crore. JK Lakshmi Cement Q4FY24 results: The company board recommended a final dividend of Rs 4.50 per share for the financial year 2023-24

Consultations underway at MCA for expansion of audit firms in India. These discussions have involved representatives from notable firms who have independently submitted their recommendations to the ministry

Google picks Tamil Nadu for production of smartphones, drones: Report. The Alphabet Inc. unit plans to assemble Pixel phones in the state, setting up new production lines with Taiwanese contract manufacturing partner Foxconn Technology Group

Sterlite Power gets stakeholders' nod to demerge its biz into 2 entities. Move to unlock funding avenues for the power equipment business: MD Pratik Agarwal

Honasa Q4 results: Net profit up at Rs 30.48 cr over strong demand. Skincare firm Mamaearth's parent posted a near 22% rise in revenue from operations to Rs 471 crore

Schneider Electric Infra Q4 results: Net profit down 92% at Rs 3.28 cr. Schneider Electric Infrastructure reported a on-year decline of 92.68 per cent in net profit to Rs 3.28 crore in March quarter, mainly due to higher expenses. The company had reported a net profit of Rs 44.84 crore in the quarter ended on March 31, 2023, t

IndiGo to introduce business class in flights on busiest routes this year. The country's largest airline IndiGo on Thursday said it will introduce business class in flights on the busiest routes this year. Details on product offering, launch date and routes will be unveiled around its 18th anniversary in August. "In a groundbreak

Domestic travel, tourism sector ready to capitalise on upcycle: IHCL MD. The Indian travel and tourism sector is well-positioned to capitalise on an upcycle, driven by factors, including the demand-supply gap, penetration opportunities in Tier II and Tier III markets and rebound in foreign tourist arrivals, according to Indian

Xiaomi ups EV goal to 120,000 as Q1 tops forecasts on strong phone sales. The company's SU7 currently has four models, with prices ranging from 215,900 to 299,900 yuan. As of May 15, Xiaomi has delivered 10,000 EVs

Google logs into Tamil Nadu for drone unit; may rope in Foxconn for Pixel. The US tech giant will manufacture drones in the state through its subsidiary Wing LLC, giving a leg up to India's plan to become a drone making hub of the world

Nvidia forecasts quarterly revenue above estimates, unveils stock split. First-quarter revenue surged 262% year-over-year to .04 billion, beating estimates of .65 billion. Net income soared 628% to .88 billion

Crypto exchange CoinSwitch publishes third edition of proof of reserves. Assets held by PeepalCo, the parent brand of CoinSwitch, are in addition to these funds and are not included in the PoR assessment

Boeing faces 'long road' on safety issues after door accident: US FAA. In late February, FAA Administrator Mike Whitaker gave Boeing 90 days to develop a comprehensive plan to address 'systemic quality-control issues' and barred it from expanding 737 MAX production

Mamaearth Q4 results: Records highest-ever quarterly profit at Rs 30.5 cr. The company's consolidated revenue from operations grew 21 per cent year-on-year (Y-o-Y) to Rs 471.1 crore in Q4, up from Rs 387.9 crore a year ago and Rs 488.2 crore in Q3 FY24

Air India gives increments to staff, announces performance bonus for pilots. Air India on Thursday announced annual salary increments for its staff, and also introduced an annual target performance bonus for pilots, according to sources. This is the first appraisal process after Tata Group took over the loss-making airline a little

ITC Q4 results: Net profit down 1.06% at Rs 5,121 cr, revenue increases. The heavy-lifting cigarettes segment clocked a 7.5 per cent Y-o-Y growth in revenue at Rs 8,688.92 crore in Q4 FY24

CESC Ltd Q4 result: PAT declines 7% to 415 cr, total income at Rs 3,460 cr. CESC Ltd on Thursday reported a 6.74 per cent fall in its consolidated profit to Rs 415 crore for the March quarter, supported by higher income. It had clocked a net profit of Rs 445 crore in the year-ago period, the power company said in an exchange filin

NCLT asks Kirloskars to abide by settlement agreement signed in Sept 2009. The Kirloskar family is embroiled in a legal battle over group assets, with Sanjay Kirloskar, chairman of Kirloskar Brothers (KBL), on one side and his brothers, Atul and Rahul, on the other

Israel-based Taro's shareholders approve merger with Sun Pharmaceutical. The merger agreement between Sun Pharma and Taro was approved by an affirmative vote of Taro shareholders at an extraordinary general meeting and an ordinary class meeting on May 22

JSW Paints breaks even at operating level in FY24, revenue crosses Rs 2k cr. The company attributed the rise in gross revenues to a significant ramp-up in both decorative paints and industrial coatings businesses

NCLT asks IIHL to seek regulatory clearances for RCap acquisition. The order was in response to IIHL's application before the NCLT seeking an extension of the May 27 deadline on account of several pending regulatory approvals and compliances

IndiGo Q4 results: Net profit doubles amid high demand for air travel. Interestingly, the escalation in the airline's total costs for Q4 stemmed primarily from rising non-fuel expenses such as aircraft maintenance, airport fees, and employee costs

After collapse of merger talks, Zee seeks mn termination fees from Sony. Zee said it has, on account of Culver Max's and BEPL's breaches under the merger cooperation agreement, terminated the agreement by issuing a letter dated May 23

Reliance, Disney seek antitrust nod with cricket rights assurance: Report. The deal is set to reshape India's billion media and entertainment market, where the Reliance-Disney combo will compete with Netflix, Amazon Prime, Zee Entertainment and Sony

Fortis Healthcare Q4 results: Net profit jumps 47% to Rs 203 crore. Fortis Healthcare Ltd on Thursday reported a 46.88 per cent increase in consolidated net profit at Rs 203.14 crore in the fourth quarter ended March 2024 on the back of higher revenue from its core business. The company had posted a consolidated net profit

ICAI aims to facilitate 0 mn funding through startup event in June. Chartered accountants' apex body ICAI on Thursday said it aims to facilitate funds worth over USD 200 million to startups through an event scheduled to be held in Bengaluru from June 27 to 29. It will organise the second edition of the Startup Sphere, and

MCA fines LinkedIn India, Nadella, 8 others for companies law violations. The corporate affairs ministry on Wednesday slapped fines on Microsoft-owned LinkedIn India, Satya Nadella and eight other individuals for violation of the significant beneficial owner norms under the companies law. Nadella is the chief of Microsoft, which

Disney to sell 30% stake in Tata Play to Tata Group, valuing co at bn. The transaction values Tata Play Ltd. at about billion, the people said. Tata Group took full control of the TV platform after buying the 29.8% stake from Disney

Petronet LNG Q4 results: Net profit increases 20% to Rs 738 crore. Petronet LNG Ltd -- India's largest liquefied natural gas importer -- on Wednesday reported a 20 per cent rise in the March quarter net profit on the back of importing higher LNG volumes. For the entire 2023-24 fiscal (April 2023 to March 2024), Petronet r

Significant use cases will emerge for 5G services: Ericsson India MD. Swedish telecom gear maker Ericsson expects significant use cases to emerge in India for 5G services that will drive densification of telecom networks in the country, a senior company official said on Wednesday. Ericsson India Managing Director Nitin Bansa

Sundram Fasteners Q4 results: Net profit up 5%, total revenue rises 2%. The consolidated earnings per share (EPS) for the quarter ended March 31, 2024, amounted to Rs 6.36, compared to Rs 6.01 in the corresponding period last year

Vedanta seeks shareholders' approval for Rs 8,500 crore fundraise. Mining billionaire Anil Agarwal-led Vedanta Ltd has sought shareholders' nod to raise up to Rs 8,500 crore through issuance of securities. "We hereby submit a copy of Postal Ballot Notice....seeking approval of the Members of the company in respect of...is

Rebalancing: Adani Enterprises likely to dislodge Wipro from Sensex. Semi-annual rebalancing of BSE indices on Friday

MCA fines Nadella, LinkedIn India, 8 others for violating SBO norms. Company law experts have noted that the company has the option to appeal against the RoC order at the office of the regional director, MCA, or high court

Prosus, Dharana, Vy Capital to buy Urban Company's shares worth Rs 203 cr. Urban Company on Wednesday said Dutch investment firm Prosus as well as Vy Capital and its offshoot Dharana Capital will buy shares worth Rs 203 crore from the employees of the on-demand home service firm. Urban Company has announced its fifth Employee Sto

Adani group mcap regains 0 bn-mark as co rebuts coal invoicing claims. Adani Group's market capitalisation on Wednesday regained USD 200 billion-mark (Rs 16.9 lakh crore) after its listed firms gained Rs 11,300 crore as investors reposed faith on the company denying any wrongdoing in supply of coal to Tamil Nadu power company

Grasim Industries Q4 results: Net profit rises 15.5% to Rs 2,721.81 cr. Grasim Q4 results: The board recommended dividend of Rs 10 per equity share for FY24

Noel Tata's three children to be on five Tata Trusts' board seats. The move is being seen as part of the Trusts' succession plan

Gland Pharma Q4 results: Net profit jumps over two-fold to Rs 192 crore. Gland Pharma on Wednesday said its consolidated profit after tax (PAT) surged over two-fold to Rs 192 crore for the March quarter. The company has reported a PAT of Rs 79 crore in the year-ago period, the Hyderabad-based drug firm said in a statement. Reve

Adani Group plans to invest bn for global ports expansion in 3-5 years. Adani Ports aims to increase cargo traffic in the Middle East, Southeast Asia, Africa, and the Mediterranean through strategic acquisitions and partnerships over the next 3-5 years

SpiceJet to seek refund of Rs 450 crore from Kalanithi Maran and his firm. Private airline SpiceJet has already disbursed Rs 730 crore to Maran and his firm, of which, Rs 580 crore represents the principal amount, with an additional interest component of Rs 150 crore

Cipla receives USFDA approval to market Lanreotide injection in US. Drug major Cipla on Wednesday said it has received approval from the US health regulator to market a generic medication used to treat acromegaly and other conditions. The company has received the final approval from the US Food and Drug Administration (USF

DB Corp Q4 results: Net profit rises nearly three-fold to Rs 122.52 cr. Media house DB Corp Ltd on Wednesday reported a nearly three-fold jump in consolidated net profit at Rs 122.52 crore for the fourth quarter ended March 31, helped by a broad-based growth across verticals. The company had posted a consolidated net profit of

Dixon Technologies set to manufacture Google Pixel 8 smartphones in India. Local contract manufacturer Dixon Technologies said the initial batch of Indian-made devices will be available in the market by September, as trial production has recently started

Oyo eyes equity from private investors at valuation of up to bn: Founder. Private investors have approached travel tech platform OYO and it may raise equity at a valuation of up to USD 4 billion, Founder Ritesh Agarwal told employees in a townhall on Wednesday, sources said. The IPO-bound firm, backed by Softbank, had its maiden

Sun Pharma Q4 results: Net profit rises 34% to Rs 2,655 cr, revenue up 10%. Sun Pharma Q4FY24 results: The board of the company recommended a final dividend of Rs 5 per equity share of Re. 1 for the financial year 2023-24

Snapchat parent strengthens India team with key leadership appointments. Saket Jha Saurabh named director for content, partnerships and augmented reality; Chirag Kohli is the head of growth

Mahindra Finance gets IRDAI nod to sell insurance as corporate agent. Mahindra & Mahindra Financial Services on Wednesday said it has received corporate agency licence from insurance regulator IRDAI, which will enable it to sell life and general insurance policies offered by various insurers. The registration shall be valid

Strides Pharma Q4 results: Net profit declines 24% to Rs 10.44 crore. Strides Pharma Science Ltd on Wednesday reported a consolidated net profit of Rs 10.44 crore in the fourth quarter ended March 2024. The company, which posted a consolidated net loss of Rs 13.79 crore in the same quarter a year ago, announced a top managem

Max Healthcare Institute Q4 results: PAT declines by 2.81% to Rs 311 crore. Max Healthcare Institute Ltd on Wednesday reported a 2.81 per cent decline in profit after tax at Rs 311 crore in the fourth quarter ended March 31, 2024. The company had posted a Profit After Tax (PAT) of Rs 320 crore in the same quarter of the previous f

Prodapt Solutions aims to clock bn revenue in 5-6 yrs: CEO Harsha Kumar. Witnessing a 25 per cent year-on-year growth rate, Prodapt Solutions India Pvt Ltd has targeted to garner revenues of USD 1 billion over the next five-six years, a top official said on Wednesday. The company, an information technology service and consultin

Gail to invest Rs 50,000 crore in petrochemical unit in Madhya Pradesh. The new ethane cracking unit aims to meet the domestic demand for petrochemicals, which is projected to nearly triple to trillion by 2040

Vedanta Aluminium turning to renewables, not adding coal capacity: CEO. Coal accounts for nearly 50% of the country's installed power capacity of 443 GW

Jubilant FoodWorks Q4: Net profit jumps seven-fold to Rs 208 crore. Its revenue from operations rose 23.85 per cent to Rs 1,572.79 crore during the quarter. It was Rs 1,269.84 crore in the year-ago period, it added

Karur Vysya Bank to open 100 new branches in FY25: MD & CEO Ramesh Babu. Private sector Karur Vysya Bank has set a target of opening 100 new branches during the current financial year across the country, a top official said on Wednesday. The Tamil Nadu-based bank's 840th branch in Ayodhya was inaugurated by the bank's Chairpers

SAT nixes Sebi order on Linde India, asks firm to appear for document check. Market regulator had asked NSE to do a valuation of the company and its related party transactions

TeamLease Q4 results: Net profit rises 14% on general staffing strength. The company said consolidated net profit came in at 274.8 million rupees (.30 million) for the three months ended March 31

Sundaram Finance Holdings Q4 results: Net profit rises 173% to Rs 269.32 cr. Sundaram Finance Holdings Ltd, a part of the TSF Group, has registered a 173 per cent rise in its consolidated net profits for the March 2024 quarter, at Rs 269.32 crore. The city-based company had recorded a consolidated net profit of Rs 98.62 crore durin

Nykaa Q4 results: Net profit rises 187% to Rs 6.9 crore, revenue up 28%. Nykaa Q4FY24 results: FSN E-Commerce Ventures' revenue from operations grew by 28.1% to Rs 1,667.98 crore year-on-year

Cisco and Tata Communications partner to launch Webex Calling in India. The calls will be routed via Tata Communications' data centre in the Mumbai region, thereby helping organisations stay compliant with local regulations

Strides Pharma Q4 Results: Posts net profit of Rs 10.44 cr, revenue up 5.6%. In the same quarter of the previous fiscal, Strides reported a loss of Rs 13.79 crore. Ebitda grew 4.61 per cent to Rs 204 crore

Marks & Spencer posts 58% rise in profit as turnaround plan delivers. Sales rose 9.4% to 13.1 billion pounds, with food sales up 13.0% and clothing and homewares up 5.3%

SWCNTs producer NoPo Nanotechnologies raises mn in pre-series A funding. NoPo specializes in the production of single-walled carbon nanotubes (SWCNTs), a material that holds promise across various applications, ranging from usage by EV battery manufacturers

Reduced flights impacting cabin crew salary: Air India Express union. The Air India Express Employees Union has claimed that more than 100 employees have not been able to work due to the unavailability of airport entry passes

Ola moves tech workloads out of Microsoft's Azure, says Bhavish Aggarwal. Although Krutrim managed to get 2,500 developers, there was no clarity if any companies have joined the platform or have shown interest in joining the platform

Airtel Payments Bank's FY24 profit surges 60% to Rs 34.5 cr, revenue up 42%. Airtel Payments Bank on Wednesday reported a 60 per cent year-on-year surge in its profit at Rs 34.5 crore in FY24. Revenue for the fiscal saw a 42 per cent increase to Rs 1,836 crore, according to a company statement. "As we witness sustained demand for o

Expecting double-digit sales growth on strong demand: Mercedes-Benz India. Mercedes-Benz India is eyeing double-digit sales growth this fiscal as demand remains strong, especially for high-end models, a senior company executive said on Wednesday. The company, which on Wednesday introduced luxury models -- Maybach GLS 600 4MATIC S

Torrent Power Q4 results: PAT falls 4.2% to Rs 430 cr on higher fuel prices. Its revenue from operations rose 8.1% to Rs 6,529 crore, however, total expenses, led by fuel cost, rose nearly 10% to Rs 6,008 crore

DS Group targets Rs 5,000-cr revenue from confectionery business in 5 years. The maker of Rajnigandha and Pass Pass plans to continue its focus on Indian ethnic flavours to drive this growth

Shriram General Insurance Q4 results: PAT at Rs 121 cr, AUM at Rs 12,064 cr. Shriram General Insurance Company Ltd has reported a net profit for the January-March 2024 quarter at Rs 121 crore, the company said on Wednesday. Shriram General Insurance Company is jointly owned by the diversified conglomerate Shriram Group and South Af

Sun Pharma Q4 result: Profit up 33% over strong US, specialty sales. Shanghvi said that FY25 is going to be an 'investment phase' for several businesses, including product launches in the US and the ramp-up in the global specialty business

Power Grid Corporation Q4 results: PAT dips marginally to Rs 4,166 crore. State-owned Power Grid Corporation on Wednesday reported a nearly four per cent dip in its consolidated net profit to Rs 4,166.33 crore in the March 2024 quarter, mainly due to a marginal decline in income. The company reported a consolidated net profit of

Ramco Cements Q4 results: Net profit falls over 20% to Rs 121 crore. Standalone net profit after tax fell over 20% year-on-year to Rs 121 crore (.5 million) during January-March, missing analysts' expectations of Rs 127 crore

Paytm PB's ripple effects on its biz; loans, merchant subscriptions swayed. Paytm on Wednesday reported a 54 per cent year-on-year (Y-o-Y) decline in total loans disbursed in its financial results for 2023-24 (FY24)

How iconic Indian snack brand Haldiram's became a global investment target. Major foreign private equity firms like Blackstone, Bain Capital, and Singapore's Temasek seek up to 76% stake in the Indian food giant

State Bank of India once again refuses to disclose electoral bond SOPs. State Bank of India has declined to disclose its SOPs for electoral bond transactions, citing 'commercial confidence' and asserting them as the bank's 'intellectual property'

Welspun Enterprises Q4 results: Net profit drops 45% to Rs 77.67 crore. Welspun Enterprises on Tuesday reported a 45.4 per cent decline in consolidated profit to Rs 77.67 crore for the quarter ended on March 31, 2024. The company posted a consolidated profit of Rs 142.41 crore in the year-ago period. The consolidated income dr

Coforge, Microsoft to launch innovation hub for creating GenAI solutions. IT company Coforge on Tuesday said it has collaborated with Microsoft to establish an innovation hub to develop industry-specific generative AI solutions. The hub will develop new industry specific generative AI solutions and will work closely with Microso

City Union Bank Q4 results: Profit up 17% at Rs 254 cr on improved recovery. Private sector City Union Bank has reported a 17 per cent jump in its net profits at Rs 254.81 crore for the January-March 31, 2024 quarter, based on improved recovery from slippages. The Tamil Nadu-based bank had registered a net profit of Rs 218.04 crore

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