Adani Ports and the Special Economic Zone opened higher on August 9 as brokers confidence in the stock, with some even increasing target price, a day after the company’s strong performance in first quarter of the current year. The company recorded an increase of 82.57% year-on-year in consolidated net profit to Rs 2,114.72 in the …
Adani Ports gains as brokerages raise target on strong Q1 show Read More »
Shares of Inox Wind Energy opened about 4% higher on Aug. 9 – a day after selling more than 1.46 million shares of its Inox Wind subsidiary in a block deal with institutional investors. However, shares of Inox Wind opened down about 1%. Stainless Steel Wind Promoters Inox Wind Energy and Devansh Trademart LLP sold …
Inox Wind Energy gains on block deal in subsidiary firm Read More »
Shares of Utkarsh Small Finance Bank fell nearly 1% to Rs 50.75 on August 9, although the bank released strong quarterly figures. Quarterly net profit increased 20.1% YoY to Rs 107.5 Rs crore, thanks to lower provisions and provisions. Net interest income – the difference between how much interest a bank earns and what it …
Utkarsh Small Finance Bank share falls 1% despite strong Q1 numbers Read More »
Shares of Jupiter Wagons fell 5% as they hit the upper limit of the circuit at Rs 232.95 on August 8 after the wagon maker released a bumper set of figures for the quarter ended June . Consolidated net profit increased nearly fivefold to Rs 62.85 billion from Rs 12.81 billion in the same period …
Maruti Suzuki board approves acquisition of 100% stake in Suzuki Motor Gujarat Read More »
Shares of Godrej Consumer Products fell more than 2% to Rs 1,008 in early trades on August 8 after the company reported a 7.6% drop in annual net profit in the April-June quarter. of fiscal year 24. Brokerage firm Motilal Oswal has assigned a buy rating of the stock with a target price of Rs …
Godrej Consumer Products falls post Q1 results; Morgan Stanley still overweight Read More »
Shares of Indigo Paints Ltd jumped more than 2% to Rs 1630.95 8 in early August morning trading after the company released positive numbers for the first quarter of fiscal 2024. Consolidated net profit increased by 58.26% year-on-year (YoY) to Rs 31.51 billion in Q6 2023 from Rs 19.91 billion in Q1 FY 2023. The …
Shares of Indigo Paints gain 2% post robust Q1 numbers Read More »
Post-Covid has proven to be a golden age for retail investors to get into stocks. Thanks to the proliferation of fintech applications and stricter disclosure rules imposed by the Securities and Exchange Commission of India (Sebi) on businesses, most of the data and related information is now just a click or a swipe. According to …
New Information Edge: Wealthy investors rush to outer space in pursuit of higher returns Read More »
Shares of Aurobindo Pharma rose 2% to test a 52-week high of Rs 860.85 on Aug 7 after the company was approved for the drug by the US Food and Drug Administration (FDA). vancomycin hydrochloride injection. At 09:52, Aurobindo Pharma was trading at Rs 859.95, up Rs 18.15, or 2.16% on BSE. The Company’s wholly …
Solara Active Pharma Sciences gain on USFDA all-clear for Cuddalore unit Read More »
Shares of Aurobindo Pharma rose 2% to test a 52-week high of Rs 860.85 on Aug 7 after the company was approved for the drug by the US Food and Drug Administration (FDA). vancomycin hydrochloride injection. At 09:52, Aurobindo Pharma was trading at Rs 859.95, up Rs 18.15, or 2.16% on BSE. The Company’s wholly …
Aurobindo Pharma shares hit 52-week high on US FDA approval for drug to treat infection Read More »
Reliance Industries Limited predicts in its fiscal 2023 annual report that oil demand is expected to remain healthy thanks to steady economic growth. The company said new supply from upcoming refining capacity in the Middle East, China and Africa will keep the market in balance. “Oil prices and commodity cracks will remain stable as global …
Reliance forecasts healthy oil demand on the back of steady economic growth Read More »
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