Realty firm TARC Ltd has reported an 84 per cent decline in its consolidated net profit to Rs 1.34 crore for the third quarter of this fiscal year on higher expenses. Its profit stood at Rs 8.50 crore in the year-ago period. Total income, however, rose to Rs 109.64 crore during the October-December period of [...]
New Age Tech company PB Fintech’s share price increased by 26.80% since the beginning of February from ₹ 402.45 to ₹ 510.20 apiece. The company’s share price was continuously declining after it reached a 52-week high of ₹ 825.05 apiece. However, it has gained momentum since the start of February on the back of its [...]
The shares of the Nifty 50 agrochemical stock, UPL Ltd opened higher at Rs 736.50 levels compared to its previous close of Rs 733.80 on Tuesday. It further gained 5 percent to reach an intraday high of Rs 766.95 levels. In the past week, the stock has gained around 7 percent. This came after the [...]
The Hindustan Aeronautics Limited has an order book position of Rs 84,000 crore and another Rs 50,000 crore worth of orders are in the pipeline, its Chairman and Managing Director C B Ananthakrishnan said on Tuesday. He also said Argentina and Egypt have evinced interest in buying the HAL-built Light [...]
India will require around 2,210 new planes in the next two decades and out of them, 1,983 units will be single-aisle jets, Boeing said on Tuesday as it projected a nearly 7 per cent annual domestic air traffic growth through 2041. Unveiling its 2022 Commercial Market Outlook (CMO) for India, Boeing said that largely driven [...]
Shares of SpiceJet on Tuesday fell by 4 per cent on Tuesday after the apex court directed the airline to encash bank guarantee and pay Rs 270 crore to its former promoter Kalanithi Maran. The scrip of the company declined 3.99 per cent to Rs 33.65 apiece on the NSE. The stock witnessed a similar [...]
The Piotroski score is a score between zero to nine that gives an idea about a firm’s financial position. This score considers factors such as a company’s profitability, liquidity, operating efficiency, cash flows, and debt situation. A score of zero is the lowest, while nine is the highest. Here are three penny stocks with a [...]
The wholesale price-based inflation eased for the eight consecutive month to 4.73 per cent in January on easing prices of manufactured items, fuel and power. The wholesale price-index (WPI) based inflation rate was 4.95 per cent in December 2022 and 13.68 per cent in January 2022. Inflation in food articles, however, rose to 2.38 per [...]
Mirza International Limited, one of India’s Leading Leather Footwear Manufacturers, saw its share price jump by more than 13 percent in the early hours of Tuesday to trade at Rs 255 levels. The board of directors of the company met yesterday to approve the quarterly statements. In the December quarter, their revenue from operations grew [...]
Shares of IT firm Info Edge ended more than 9 per cent lower on Monday after the firm reported a loss in the third quarter. The stock slumped 9.46 per cent to close at Rs 3,453 apiece on the NSE. On the BSE, it plunged 9.10 per cent to end at Rs 3,464.25 per share. [...]
