Shares of Just Dial, which runs a local search engine, on Thursday, jumped 19.5% to hit a fresh 52-week high of 1,237.90 on BSE after the company reported its highest-ever quarterly revenue and net profit in the June quarter. The company reported a record revenue of Rs 280.6 crore, marking a significant 13.6% year-on-year (YoY) … Read more
Shares of Asian Paints on Thursday fell 4% to the day’s low of Rs 2,848 on BSE after the company reported a consolidated net profit of Rs 1,170 crore for the quarter ended June 30, 2024, dropping 24% year-on-year (YoY). The consolidated revenue from operations stood at Rs 8,943 crore, falling 2.3% YoY over Rs … Read more
The first quarter earnings season is underway and about 24 companies will announce their results on Tuesday. Some key earnings to watch out for include Bajaj Auto, L&T Finance, Just Dial, and DB Corp among others. Apart from the above, investors can also keep an eye on the earnings of Century Textiles, BMW Industries, Deccan … Read more
Shares of Jio Financial Services dipped nearly 3% on Tuesday to the day’s low of Rs 346.80 after reporting a 6% year-on-year (YoY) decline in its net profit for the quarter ended June 2024. The net profit for Q1FY25 stood at Rs 313 crore as against Rs 332 crore reported by the company in the … Read more
Mumbai : The renewed momentum in public sector stocks after the election results on June 4 have resulted in these entities adding nearly ₹12 lakh crore in market capitalisation in little over a month. So far in 2024, these stocks have gained nearly ₹22.5 lakh crore in market value, with the spike in the prices … Read more
Benchmark Sensex and Nifty closed at new record high levels on Monday following buying in PSU bank shares and fresh foreign fund inflows. Stocks that were in focus include names like Aurobindo Pharma, which soared 3.67%, Tanla Platforms, which gained 5.69%, and IDBI Bank, whose shares Jumped 6.79% on Monday. Here’s what Kushal Gandhi, Technical … Read more
Indian Railway Finance Corporation Share Price 217.43 03:49 PM | 12 Jul 2024 11.46(5.56%) One97 Communications Share Price 465.95 03:48 PM | 12 Jul 2024 -14.31(-2.98%) YES Bank Share Price 25.6 03:48 PM | 12 Jul 2024 -0.23(-0.9%) ITC Share Price 459.05 03:48 PM | 12 Jul 2024 0.41(0.09%) HDFC Bank Share Price 1622.7 03:48 … Read more
Benchmark Sensex and Nifty closed marginally down in a volatile session on Thursday as investors booked profits in heavyweights ahead of quarterly results. Stocks that were in focus include names like TCS, which fell 0.18%, Hindalco, which gained 0.25%, and Shipping Corp, whose shares Jumped 20% on Thursday. Here’s what Riyank Arora, Technical Analyst at … Read more
Indian companies raised a record $29.5 billion (nearly Rs 2.5 lakh crore) in the equity market through IPOs & FPOs during the first half of 2024, more than double the amount raised in the same period last year. The Jan-June total is the highest ever in terms of proceeds, with the number of issuances also … Read more
Indian market is likely to edge higher on Thursday tracking positive global cues, but may face selling pressure at higher levels. The volatility index, India VIX has failed to sustain above the 200-day EMA level and thereafter witnessed minor correction on Wednesday. Both FIIs and DIIs were net buyers on Wednesday to the tune of … Read more
