Homegrown FMCG major Dabur India on Thursday reported a marginal decline in its consolidated net profit to Rs 292.76 crore for the fourth quarter ended March 2023. The company, which had posted a consolidated net profit of Rs 294.34 crore in the fourth quarter of 2021-22, has proposed a final dividend of Rs 2.70 per [...]
Adani Enterprise Ltd, the flagship company of billionaire Gautam Adani's ports-to-energy group, on Thursday reported more than doubling of net profit in the March quarter on the back of growth in airports and road businesses. Net profit in January-March at Rs 722.48 crore compared with Rs 304.32 crore in the same period last year, according [...]
Equity benchmark indices ended nearly 1 per cent higher on Thursday amid continuous foreign fund inflows and buying in index majors HDFC twins and Reliance Industries. The 30-share BSE Sensex climbed 555.95 points or 0.91 per cent to settle at 61,749.25. During the day, it rallied 604.61 points or 0.98 per cent to 61,797.91. The [...]
Shares of IndiaMART InterMESH Ltd climbed 4.578% on Thursday's intraday trades to reach a high of ₹ 5997.00 on the National Stock Exchange (NSE). At 02:35 PM, its shares were trading 4.05% higher at ₹ 5967.60 apiece. IndiaMART is the first and largest B2B digital marketplace in India which connects buyers with suppliers. It is [...]
The Benchmark Indices are in the green today with Sensex gaining 556 points and currently standing at Rs 61,749 and Nifty gaining 152 points and stands at Rs 18,241. Listed below are 2 stocks that announced their results for the last quarter as well as for FY22-23: Cholamandalam Investment and Finance Company Limited Cholamandalam Investment [...]
Stocks of Patel Engineering Limited jumped around 10.5 percent and currently trade at Rs 23.45. The scrip, in the past one-month period, has gained around 56 percent ranging from Rs 15.05 to the current price levels. One of the probable reasons for the stock prices to go up is the recent Press Release filed by [...]
Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday said it has concluded the Myanmar Port sale for a total consideration of USD 30 million. In May 2022, APSEZ had announced signing of a Share Purchase Agreement (SPA) for the sale of its Myanmar Port. The SPA had certain Condition Precedents (CPs), including completion [...]
Indian Energy Exchange (IEX) on Thursday said its total trade volume increased by 6 per cent on a yearly basis to 7,928 million units (MU) in April. In a statement, the power trading exchange said "it achieved 7,928 MU overall volume in April 2023, including green market trade of 280 MU, 1.99 lac RECs (equivalent [...]
Shares of Elgi Rubber Company Limited zoomed 7 percent today and currently trade at Rs 39.20. In the last 5 trading sessions, the stock has moved up around 4.5 percent from Rs 37.50 to the current levels. The surge in stock prices today is observed due to the production buzz in the ‘Natural Rubber’ industry [...]
Tanla Platforms, a Hyderabad-based company, is a cloud communications provider that enables businesses to communicate with their customers and intended recipients. It is a global A2P(application to person) messaging platform provider and it was the first company to develop and deploy A2P SMSC in India. The company processes more than 800 billion interactions annually and [...]
