Equity benchmark indices bounced back from intra-day lows to settle in the positive territory on Thursday helped by fag-end buying. In a volatile trade amid the monthly derivaives expiry, the 30-share BSE Sensex climbed 98.84 points or 0.16 per cent to settle at 61,872.62. During the day, it hit a high of 61,934.01 and a [...]
Discount brokerage firm 5paisa Capital on Thursday said it has appointed former Google executive Narayan Gangadhar as Chief Executive Officer with immediate effect. Gangadhar has over two decades of experience, mostly with global technology companies like Google, Uber and Amazon. He is a Bachelor of Engineering from Mumbai University and a Master in Computer Science [...]
S&P Global Ratings on Thursday said Indian banking sector profitability will stabilise at a healthy level, and asset quality will continue to improve. "Indian banks' earnings will likely remain healthy. The sector has improved substantially in the past seven years, from a period when many public-sector lenders were grappling with bad loans," S&P Global Ratings [...]
A Delhi consumer forum has directed the SBI Cards & Payments Services Pvt. Ltd. to pay Rs 2 lakh to a person here for sending him bill even after his card's expiry and blacklisting him for non-payment of the charges. The New Delhi District Consumer Disputes Redressal Forum comprising its president Monika A Srivastava and [...]
Realty firm Kolte-Patil Developers Ltd on Thursday reported a more than four-fold jump in its consolidated net profit to Rs 120.8 crore for the March 2023 quarter on higher income. Its net profit was Rs 26.68 crore in the year-ago period. The total income also jumped over two-fold to Rs 804.42 crore in the fourth [...]
Shares of Vikas Lifecare climbed 10.91% by Thursday’s closing bell to reach an intraday high of ₹ 3.05 apiece, after the company received a huge order. Vikas Lifecare is engaged in the business of polymer, rubber compounds and additives for plastics, synthetic and natural rubber. Additionally, it is also a del-credere agent of ONGC (Oil [...]
Introduction The benchmark indices closed in the green today, with the Sensex gaining 98 points, equating to 0.16 percent, currently standing at Rs 61,872.62 and the BSE 500 index closed in the green by gaining 66 points, or 0.27 percent. Over the last year, BSE 500 index has returned 13 percent, and these four companies [...]
Shares of Aptech Ltd surged 9 percent on Thursday’s Early Trades to reach a record high of ₹ 528.00 apiece on the Bombay Stock Exchange (BSE), after the company reported robust results for the quarter and year ended on March 31, 2023 and declared a bonus issue. At 01:15 PM, its shares were trading 6.41 [...]
The shares of Trident Ltd. fell as much as 9% during the first half of the trading session on Thursday, touching a low of Rs 32.10 apiece. The decline in share price comes on the back of weak results announced by the company for the quarter ending March 2023. The company reported a net profit [...]
Shares of Piramal Pharma Ltd., surged 13% on Thursday to reach an intraday high of ₹ 83.95 apiece from the previous close price of ₹73.90. At 14.00 am, the stock was trading at Rs 79.75 on the BSE, up 7.84 percent from its previous close. One of the probable reasons for the stock to hit [...]
