Ambuja Cements reported a standalone net profit of Rs 532 crore for the quarter ended March 2024, which is higher by 6% year-on-year. The company had clocked a profit of Rs 502 crore in the same period last year. Revenue from operations during the fourth quarter increased 12% year-on-year to Rs 4,780 crore, compared with … Read more
The Adani group will dominate the earnings today with three of the conglomerate’s companies set to release their numbers for the quarter ended March 2024. Despite being a market holiday, 18 companies will announce their fourth quarter on Wednesday. Other companies which are set to release their numbers include Bondada Engineering, Classic Filaments, Cigniti Technologies, … Read more
With the fourth quarter earnings underway, as many as 211 companies will announce their quarterly results this week with some major names in the mix. Investors will be particularly watching out for some major earnings of Kotak Mahindra Bank, DMart, Ultratech Cement, Indian Oil, Adani Energy, Adani Power, Ambuja Cements, Adani Wilmar, Adani Enterprises, Coal … Read more
As polling for the seven-phase-long Lok Sabha election began from today, Dalal Street’s 9 crore investors would be closely tracking the mood of 96.8 crore voters spread across India. Ahead of the voting for the first phase, Sensex has given up almost all of its gains made in 2024 after rewarding investors with a 20% … Read more
Indian headline indices S&P BSE Sensex and Nifty traded lackluster in the early trade amid weak US handover. Nifty fell by over 100 points to hit the day’s low of 22,346.50 amid selling pressure in banks, auto and FMCG stocks. Even as the benchmarks started on a weak note, there have been no significant alterations … Read more
Domestic indices rallied for the second straight session on Thursday to end fiscal 2024 on a bullish note. The 30-share Sensex jumped 655 points to settle at 73,651 and the Nifty climbed 203 points to end at 22,326. Stocks that were in focus included names like IDFC First Bank, which fell 2.96%, VIP Industries, which … Read more
Adani Group stocks surged up to 8% in Thursday’s early trade after a Wednesday rout. The top gainer in the pack was Adani Green Energy which hit the day’s high of Rs 1,875 on the NSE. It was followed by Adani Wilmar and Adani Energy Solutions which were up 7%, each. The gains in Adani … Read more
