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July 30, 2024 New Delhi, India Q1 Results Net Profit: Colgate Palmolive India reported a consolidated net profit of ₹364 crore for the June quarter of FY25, marking a 33% growth from ₹273.68 crore in the same period last year. Sales: The company’s net sales for Q1 FY25 stood at ₹1,485.8 crore, a 13% increase…
July 29, 2024 New Delhi, India Market Overview: Sensex Today: The Indian benchmark equity indices, Sensex and Nifty 50, experienced flat trading on Monday, influenced by mixed sectoral performances. The Sensex fell by 50 points, while the Nifty hovered around the 24,800 mark. Key sectors like IT and FMCG faced selling pressure, while auto, capital…
July 29, 2024 New Delhi, India NTPC Shares Shares of state-run power generation company NTPC were trading in positive territory on Monday after posting its financial results for the first quarter of fiscal year 2024-25. The stock rose as much as 3% to ₹408.30 on the National Stock Exchange (NSE). At 9:31 am, it was…
July 26, 2024 New Delhi, India On Friday, the Indian equity market benchmarks Sensex and Nifty made a robust comeback after a five-day losing streak. This recovery was fueled by value buying at lower prices and strong performances from major blue-chip stocks such as Infosys, Tata Consultancy Services (TCS), and Reliance Industries. Market Performance: Sensex:…
July 26, 2024 New Delhi, India Upcoming IPO Kolkata-based Suraksha Diagnostic Limited, the largest full-service and integrated diagnostic chain headquartered in East India, has filed the draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). This significant move aims to float an offer for…
July 26, 2024 New Delhi, India IPO Watch VVIP Infratech IPO Allotment Date: The VVIP Infratech IPO share allotment will be finalised today, Friday, July 26. Investors who applied for the IPO can check their allotment status on the registrar’s portal, Maashitla Securities Private Ltd. The VVIP Infratech IPO was highly subscribed, with a final…
July 26, 2024 New Delhi, India The Indian Rupee (INR) posted modest gains in Friday’s Asian session, recovering some lost ground against the US Dollar (USD). This rebound follows a weaker Greenback and potential Reserve Bank of India (RBI) interventions. Key Factors Impacting INR: US Dollar Demand: Month-end demand for the USD and foreign outflows…
July 25, 2024 New Delhi, India The Indian stock market ended flat on Thursday amid the monthly F&O expiry for the July series. Despite a steep sell-off in the morning, the benchmarks BSE Sensex and NSE Nifty50 managed to clock a steady recovery during the day. Market Highlights: BSE Sensex: Ended at 80,040, down 109…
July 25, 2024 New Delhi, India GBP/USD The Pound Sterling (GBP) weakened to 1.2880 against the US Dollar (USD) during Thursday’s London session. The decline in the GBP/USD pair comes amidst sour market sentiment ahead of the advanced United States (US) Q2 Gross Domestic Product (GDP) data, which is set to be published at 12:30…
July 25, 2024 New Delhi, India IPO Watch Today The allotment process for the Sanstar IPO was finalised on July 24. The IPO, which opened for subscription on July 19 and closed on July 23, saw a remarkable subscription status of 82.99 times. Investors can now check their allotment status through the registrar’s portal, Link…
