The shares of the Tata group stock, Indian Hotels Company Ltd reached a new 52-week high of Rs 349 on Friday. However, till the afternoon the shares trembled and were trading down by 7.5 percent at Rs 313 levels. The company reported a 69 percent increase in its revenue which stood at Rs 1,232.61 crore [...]
Reliance Capital (RCap), which is undergoing insolvency process, on Friday swung back to the black and posted a consolidated net profit of Rs 215.23 crore for the quarter ended September 2022. The non-banking finance company had posted a consolidated net loss of Rs 1,115.56 crore in the year ago quarter ended September 2021. Also, there [...]
Adani Power on Friday posted a consolidated net profit of Rs 696 crore for September quarter 2022-23, mainly due to higher one-time income. In the year-ago period, it incurred a net loss of Rs 231 crore, a company statement said. Total income was 52 per cent higher at Rs 8,446 crore as against Rs 5,572 [...]
Online cosmetics to fashion retailer, Fsn E-Commerce Ventures Ltd (Nykaa) has been in the news for the past few days. The company’s shares gained 19.22% on Friday’s early trades to reach an intraday high of ₹ 224.45 apiece. They were trading at ₹ 215.50 apiece at 12:17 PM on Friday. Its shares did not witness [...]
The shares of Tata Motors Limited inched up by 2.3 per cent on Friday morning and were trading at Rs 421 levels. The shares are trading in the green after the quarterly results of the company improved. In Q2FY23, the Tata group company reported a consolidated net loss of Rs 945 crore compared to Rs [...]
The shares of Zomato Ltd soared higher by 9 per cent to trade at Rs 69 levels in the early hours of the last trading day of the week. This came after the company posted strong Q2 results yesterday. In Q2FY23, the company narrowed its losses to Rs 251 crore down from Rs 430 crore [...]
The board of 3M India Ltd, the Indian subsidiary of US-based company 3M has announced an interim special dividend for its shareholders. This dividend is a whopping 8500% of the face value of its shares. Its shares were trading at ₹ 23,800.00 apiece at 11:32 AM on Friday. The company informed the bourses that in [...]
Adani Green Energy on Thursday posted a 49 per cent rise in its consolidated net profit at Rs 149 crore in September quarter of FY23 compared to a year ago, mainly due to higher revenues. The consolidated net profit of the company was Rs 100 crore in the quarter ended on September 30, 2021, a [...]
The Indian Hotels Company (IHCL) on Thursday reported a consolidated profit after tax (PAT) of Rs 129.59 crore for the September quarter following growth in travel demand. The company has posted a loss of Rs 130.92 crore during the corresponding quarter in the previous financial year, IHCL said in a statement. Revenue from operations grew [...]
Hinduja group flagship Ashok Leyland has reported a profit after tax of Rs 199 crore for the second quarter ended September 30, aided by robust sales across segments. It had posted a net loss of Rs 83 crore in the September 2021 quarter, the commercial vehicle major stated in a late-night regulatory filing on Thursday. [...]
