Synopsis: Tata Motors unveiled an exceptional Q2 performance, marking a monumental turnaround with a staggering ₹3,764 crore net profit surge and a 32% revenue increase. November 3, 2023 New Delhi, India Tata Motors Q2 Result Highlights: Tata Motors unveiled its extraordinary second-quarter results for fiscal year 2023-2024, showcasing a significant surge in profits and revenue….
October 30, 2023 New Delhi, India Union Bank of India Q2 Results Union Bank of India (UBI) has made an impressive financial stride in the second quarter of the fiscal year 2023-24, reporting substantial growth in profits and notable improvements in asset quality. The bank’s performance underscores its resilience and strategic focus on enhancing its…
October 30, 2023 New Delhi, India IDFC First Bank Q2 Results IDFC First Bank has delivered a strong performance in the second quarter of the financial year 2023-24, with notable increases in profits and improvements in asset quality. The bank’s financial results underscore its ability to navigate challenges and maintain a robust financial position. Impressive…
October 30, 2023 New Delhi, India Bharat Electronics Q2 Result Bharat Electronics (BEL), a prominent Navratna defence PSU, has announced a substantial increase in its profits for the second quarter of the fiscal year 2023-24. The company’s financial performance demonstrates robust growth, underlining its significance in India’s aerospace and defence electronics sector. Profit Surges by…
October 30, 2023 New Delhi, India Reliance Industries Q2 Highlights In a remarkable financial performance for the second quarter of fiscal year 2024, Reliance Industries Ltd (RIL) reported a consolidated net profit of Rs 19,878 crore, showcasing a substantial 30 percent year-on-year growth. The success in this quarter can be attributed to key growth drivers…
November 21, 2024 New Delhi, India Adani Crash Shares of Adani Group companies faced a sharp sell-off today, after the US Securities and Exchange Commission (SEC) and the Department of Justice announced bribery charges against Gautam Adani, Sagar Adani, and other executives. Adani Enterprises, the group’s flagship company, dropped by 22.61% to close at ₹2,182.55….
November 21, 2024 New Delhi, India Stock Market Today Indian equity markets ended lower on Thursday as allegations of bribery and fraud against Adani Group’s chairman shook investor confidence. The BSE Sensex fell 422.59 points (0.54%) to close at 77,155.79, while the NSE Nifty50 dropped 168.60 points (0.72%) to settle at 23,349.90. Key Highlights Adani…
November 21, 2024 New Delhi, India Key Highlights of SEBI’s New F&O Rules The Securities and Exchange Board of India (SEBI) introduced significant reforms in the equity futures and options (F&O) segment to enhance market stability and protect retail investors. These rules, initially set for November 20, 2024, were implemented on November 21 due to…
November 21, 2024 New Delhi, India USDINR Today Rupee (INR) extended its decline on Thursday, weighed down by: Geopolitical Tensions: Heightened risks following Donald Trump’s US presidential victory. Portfolio Outflows: Foreign investors pulled $4 billion in November, adding to $11.5 billion withdrawn last month. Central Bank Intervention The Reserve Bank of India (RBI) is expected…
November 21, 2024 New Delhi, India Mangal Compusolution IPO Mangal Compusolution Limited made its BSE SME debut today, listing at ₹45 per share, the same as its issue price. Shortly after, the stock hit a 5% lower circuit, trading at ₹42.75 as of 10:13 AM IST. IPO Highlights Subscription Overview: Opened: November 12 Closed: November…
