NEWS. Stock Market NEWS Updated Daily

NEWS. Stock Market NEWS Updated Daily

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NEWS. Stock Market NEWS Updated Daily

Swiggy secures shareholders' approval to raise over Rs 10,400 cr via IPO

Swiggy secures shareholders' approval to raise over Rs 10,400 cr via IPO

Food and grocery delivery major swiggy has received shareholders' approval for an initial public offering to raise rs 10,414 crore fund through issue of fresh equity shares and an offer for sale, according to sources. a special resolution was passed at an
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

British Pound Breaks Above 1.2500 Mark To Test Two Week High

British Pound Breaks Above 1.2500 Mark To Test Two Week High

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

IndusInd Bank Q4 PAT rises 15% YoY to Rs 2,347 cr

IndusInd Bank Q4 PAT rises 15% YoY to Rs 2,347 cr

The private lender's standalone net profit increased 15.01% to rs 2,346.84 crore on 20.77% rise in total income to rs 14,699.01 crore in q4 fy24 over q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

KPI Green Energy standalone net profit rises 198.50% in the March 2024 quarter

KPI Green Energy standalone net profit rises 198.50% in the March 2024 quarter

Sales rise 76.11% to rs 167.94 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Jai Balaji Industries reports consolidated net profit of Rs 272.98 crore in the March 2024 quarter

Jai Balaji Industries reports consolidated net profit of Rs 272.98 crore in the March 2024 quarter

Sales rise 7.05% to rs 1845.60 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Zensar Technologies consolidated net profit rises 45.39% in the March 2024 quarter

Zensar Technologies consolidated net profit rises 45.39% in the March 2024 quarter

Sales rise 1.41% to rs 1229.70 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

JNK India IPO subscribed 28.07 times

JNK India IPO subscribed 28.07 times

The offer received bids for 31.10 crore shares as against 1.10 crore shares on offer.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Tech Mahindra Q4 PAT climbs 29% QoQ; declares dividend of Rs 28/ share

Tech Mahindra Q4 PAT climbs 29% QoQ; declares dividend of Rs 28/ share

The it major's consolidated net profit jumped 29.51% to rs 661 crore despite of 1.76% decline in revenue from operations to rs 12,871.3 crore in q4 fy24 over q3 fy24.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Bombay Wire Ropes reports standalone net profit of Rs 0.03 crore in the March 2024 quarter

Reported sales nil
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

IndusInd Bank consolidated net profit rises 14.96% in the March 2024 quarter

Total operating income rise 21.73% to rs 12198.53 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Som Distilleries & Breweries consolidated net profit rises 25.96% in the March 2024 quarter

Sales rise 51.09% to rs 381.60 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Himadri Speciality Chemical consolidated net profit rises 51.01% in the March 2024 quarter

Sales rise 14.39% to rs 1176.95 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

AAVAS Financiers consolidated net profit rises 12.34% in the March 2024 quarter

Sales rise 21.42% to rs 546.02 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Tech Mahindra consolidated net profit declines 40.86% in the March 2024 quarter

Sales decline 6.17% to rs 12871.30 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Wendt India consolidated net profit rises 4.61% in the March 2024 quarter

Sales rise 21.56% to rs 69.47 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Himadri Speciality Chemical standalone net profit rises 49.39% in the March 2024 quarter

Sales rise 14.39% to rs 1176.95 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Laurus Labs slides after Q4 PAT tumbles 26% YoY to 76 cr

Laurus labs declined 2.09% to rs 425.30 after the company's consolidated net profit dropped 26.58% to rs 75.61 crore in q4 fy24 as compared with rs 102.98 crore in q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

ACC records four-fold jump in Q4 PAT to Rs 945 cr

Acc reported that its consolidated net profit zoomed more than four times to rs 944.84 crore in q4 fy24 as compared with rs 235.63 crore posted in q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Vedanta PAT slides 27% YoY to Rs 1,369 cr in Q4 FY24

On consolidated basis, the diversified metal company reported 27.22% decline in net profit to rs 1,369 crore in q4 fy24 as against rs 1,881 crore in q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Vedanta consolidated net profit declines 27.22% in the March 2024 quarter

Sales decline 6.15% to rs 34937.00 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Coromandel International consolidated net profit declines 34.95% in the March 2024 quarter

Sales decline 28.55% to rs 3912.72 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Quick Wrap: Nifty PSU Bank Index records a surge of 3.77%

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Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Board of Welspun Living approves divestment of stake held in Welspun Global Services and Welspun Transformation Services

At meeting held on 25 april 2025
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Singapore Market falls 0.16%

At closing bell, the straits times index (sti) index fell 5.38 points, or 0.16% to 3,287.75 after trading between 3,249.01 and 3,290.01. volume of 1.50 billion shares worth s.19 billion changed hands. across the broader market, decliners outpaced advance
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

EC holds BJP and Congress accountable for model code of conduct violations

The election commission dispatched communication to bjp president jp nadda and congress president mallikarjun kharge, setting a deadline of 11 am on the 29th april for a formal response to the allegations at hand.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Inox Wind hits record high as board OKs 3:1 bonus issue

Inox wind surged 7.51% to rs 648 after the company's board approved issuance of 3 fully paid-up bonus equity shares for every 1 existing equity share held by the shareholders on record date.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Laurus Labs consolidated net profit declines 26.58% in the March 2024 quarter

Sales rise 4.26% to rs 1439.67 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Glenmark Life Sciences standalone net profit declines 33.08% in the March 2024 quarter

Sales decline 13.64% to rs 536.60 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Coromandel International standalone net profit declines 19.91% in the March 2024 quarter

Sales decline 28.71% to rs 3899.84 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

ACC consolidated net profit rises 300.96% in the March 2024 quarter

Sales rise 12.90% to rs 5408.72 crore
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Board of Welspun Living approves restructuring of overseas subsidiaries

At meeting held on 25 april 2024
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Glenmark Life drops after Q4 PAT slides 33% YoY to Rs 98 cr; Generic API biz down 8% YoY

Glenmark life sciences tumbled 8.16% to rs 758.80 after the company's consolidated net profit declined 33.09% to rs 97.93 core in q4 fy24 as compared with rs 146.35 crore in q4 fy23.
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

HCLTech Q4 preview: Here's what brokerages expect from IT major

The stock was buzzing in trade on thursday, as it ended over 1.50 per cent higher. the stock was also the top gainer on the nifty it index, when the market closed today
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Hong Kong Market marks four days win

Goldman sachs' forecasted a potential surge of up to 40% for chinese shares if the country introduces reforms for corporate governance, dividend distributions and institutional ownership. the bullish outlook follows ubs' upgrade on chinese stocks to overwe
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Maruti Suzuki Q4 preview: Profit may soar up to 56% YoY on robust sales mix

Maruti suzuki q4 preview: maruti suzuki india may also see a solid ebitda margin expansion on falling commodity prices, analysts said
Tag: Business Markets India    Source: business-standard.com   Dated: 2024-04-25

Flipkart bets big on generative AI to improve customer, seller experience

Datar expects that, as the company builds scale, it will be able to improve on the returns on investment (roi) it is witnessing from its ai bets
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

Swiggy secures shareholders' approval to raise over Rs 10,400 cr via IPO

Swiggy secures shareholders' approval to raise over Rs 10,400 cr via IPO

Food and grocery delivery major swiggy has received shareholders' approval for an initial public offering to raise rs 10,414 crore fund through issue of fresh equity shares and an offer for sale, according to sources. a special resolution was passed at an
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

Fundraise of Rs 18,000 cr 'fresh lease of life' for Vi, says KM Birla

Aditya birla group chairman kumar mangalam birla on thursday said the rs 18,000-crore fundraise by vodafone idea is a "fresh lease of life" for the company and asserted that the telco will stage a smart comeback. the company, which has been struggling to h
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

Nestle India, Dr Reddy's to form joint venture for nutraceutical brands

This collaboration aims to expand their complementary nutraceutical portfolios in areas like metabolic care, hospital nutrition, general wellness, women's health, and child nutrition
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

Cyient Q4 results: Net profit rise 15.9% at Rs 189 crore, revenue up 6.3%

The company's digital, engineering and technology segment accounted for 80% of its overall revenue
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

L&T Technology Q4 result: Revenue rises 7% aided by strong deal wins

Bengaluru (reuters) - indian engineering research and development services provider l&t technology services reported a 7% rise in its fourth-quarter revenue on thursday, in line with street expectations, aided by strong deal wins.
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

Bajaj Finance Q4 results: Net profit rises 21% to 3,824 cr, revenue up 34%

Shares of bajaj finance ltd closed trading at rs 7,293.90 on thursday ahead of the company's q4fy24 results
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

Inox Wind board cleares bonus issue in 3:1 ratio to its shareholders

Wind energy solutions provider inox wind on thursday said its board of directors have cleared a proposal to issue bonus shares in the ratio of 3:1 to its shareholders. the bonus shares shall be issued to the shareholders whose names appear in the register
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

Embassy REIT Q4 results: Net operating income up at 13% to Rs 766 cr

Embassy office parks reit on thursday reported a 13 per cent increase in its net operating income to rs 765.6 crore and announced distribution of rs 494.8 crore to unit holders in the fourth quarter of the last fiscal year. its net operating income stood a
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

Arun Alagappan appointed as executive chairman of Coromandel International

His appointment comes as a. vellayan retires from the position of chairman and non-executive director with effect from the close of wednesday
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

IndiGo places first-ever widebody aircraft order for 30 Airbus A350 jets

Such a deal would be worth more than billion, as per the last catalogue rates published in 2018
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

Lohia Global to foray into real estate biz as housing demand rises in India

In addition to moradabad, by 2030, the company will develop residential projects in lucknow and delhi ncr with a total investment of rs 1,000 crore
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

Audi India to hike prices by 2% starting June 2024 amid rising input costs

The recent financial year witnessed audi india retail 7,027 units, marking an overall growth of 33 per cent
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

AI offers remarkable opportunity for India: Qualcomm India President Soin

India, with its growth engines roaring, is the "place to be", qualcomm india president savi soin has said, adding that the country has a "remarkable opportunity" with hybrid artificial intelligence (ai). the san diego, california-headquartered chip designe
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

Food delivery major Swiggy gets shareholder nod for potential .2 bn IPO

The company is also looking to raise around rs 750 crore from anchor investors ahead of its ipo, which is expected later this year
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

Nestle India, Dr Reddy's to form JV for nutraceutical brands in India

Nestle india and dr reddy's laboratories ltd on thursday announced that they have entered into a definitive agreement to form a joint venture to bring innovative nutraceutical brands to consumers in india and other agreed territories. a joint press release
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

Harley-Davidson quarterly profit declines by 23% owing to slow demand

Global motorcycle shipments, including those of cruiser, trike and touring bikes, fell 7% in the quarter from a year earlier
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

ITC plans to open more hotels overseas with West Asia in focus: CMD Puri

India's diversified entity itc plans to open more hotels overseas with neighbouring countries and the middle east as primary target markets after opening of its first international property here, company chairman and managing director sanjiv puri said on
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

SBI General Insurance result: Net profit jumps 30.4% to Rs 240 cr in FY24

Sbi general insurance on thursday reported a 27.6 per cent rise in net profit at rs 240 crore for the financial year ended march 2024. the non-life subsidiary of state bank of india had recorded a net profit of rs 188 crore in the previous financial year.
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

Coromandel International Q4 results: Profit falls 35% to Rs 163 crore

Revenue from operations fell about 28% to rs 3,913 crore, making it the company's fourth consecutive quarter of decline
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

IndusInd Bank Q4 result: PAT up 15% to Rs 2,349 cr on healthy loan growth

The bank's net loans grew 18%, it had said in its quarterly update earlier this month, outpacing a 14% growth in deposits
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

Happiest Minds to acquire Noida-based PureSoftware for .5 million

The it company aims to boost its domain capabilities in bfsi, healthcare and life sciences through this acquisition
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

Welspun Living Q4 results: Net Profit increases 16% to Rs 146 crore

Analysts expect a further increase in demand and easing prices of key raw materials, such as cotton, to boost textile firms' bottomline in the next few quarters as well
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

Tech Mahindra Q4 results: Net profit drops 40% at Rs 661 cr; income down 5%

Tech mahindra q4fy24 results: the company announced an interim dividend of rs 28 per share
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

ACC Q4 results: PAT grows over three-fold to Rs 749 crore, revenue up 13%

Revenue from operations rose nearly 13% to rs 5398 crore, helped by a 22.4% rise in consolidated sales volumes
Tag: Company India    Source: business-standard.com   Dated: 2024-04-25

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