Stock Market

The company will publish its June quarter results on July 25. Hours before announcing expected first-quarter earnings for fiscal year 2024, Larsen & Toubro (L&T) trades slightly lower at the start of trading on July 25, despite orders for power transmission and distribution in India and abroad. At 10:13 a.m., Larsen & Toubro was trading …

L&T wins orders but stock trades lower ahead of Q1 earnings, buyback proposal Read More »

Shares of Aarti Surfactants jumped more than 11% in early trading on July 25, a day after the company posted increased net profit for the quarter ended June. The chemical company’s net profit from April to June rose 30% year-on-year (YoY) to Rs 5.2 billion from Rs 4 billion in the previous year’s base quarter. …

Aarti Surfactants soars 11% as Q1 net profit rises 30% YoY Read More »

Jio Infocomm, the telecom division of Reliance Industries, on July 21 announced standalone net profit for the quarter ended June at Rs 4,863 crore, recording a year-on-year growth of 12.17%. Compared to the previous quarter, an increase of 3.11%. Its operating revenue stood at Rs 24,042 crore, up 9.91% year-on-year. Sequentially, it was up 2.76% …

Reliance Jio Q1 net profit rises 12% YoY to Rs 4,863 crore Read More »

After hopes of a pause in interest rate hikes by the US Federal Reserve sparked euphoria last week, global markets turned cautious amid mixed US earnings and data. The dollar recovered from a 15-month low of 99.57 hit earlier in the week after an unexpected drop in US jobless claims showed signs the labor market …

Recovery in dollar may strain commodities; central banks in focus next week Read More »