Aditya Birla Capital on Monday reported its highest-ever quarterly profit at Rs 488 crore on a consolidated basis for the quarter ended September 2022, up by 30 per cent from a year ago, led by growth momentum across businesses. It had posted a net profit of Rs 377 crore in the same period a year [...]
Around 32 lakh weddings are expected to be solemnised in India between November 4 and December 14, which will generate businesses to the tune of Rs 3.75 lakh crore for the country's trading community, CAIT said on Monday. The Confederation of All India Traders (CAIT) based its assessment on a survey conducted by its research [...]
Brookfield India Real Estate Trust on Monday reported a 48 per cent rise in its net operating income to Rs 241.3 crore for the quarter ended September 30 and announced a distribution of Rs 170.89 crore to unitholders. Its net operating income (NOI) stood at Rs 162.8 crore in the year-ago period. In a regulatory [...]
Ujjivan Small Finance Bank (SFB) on Monday reported its highest-ever quarterly profit at Rs 294 crore in the September quarter, led by a strong disbursal growth and fall in bad loans. The bank had posted a net loss of Rs 274 crore in the year-ago period. However, compared sequentially, the net profit was up by [...]
According to bulk deals data available on the Bombay Stock Exchange (BSE), 'Big Whale', Ashish Kacholia has bought a fresh stake in Raghav Productivity Enhancers Ltd, a stock that has given multibagger returns. Raghav Productivity Enhancers, formerly Raghav Ramming Mass, manufactures quartz-based ramming mass, quartz powder and tundish board. It is a producer of ramming [...]
The shares of Britannia Industries Limited reached its new 52-week high of Rs 4,190 in the early hours of Monday. Till the afternoon, the stock was trading 9 percent higher at Rs 4,147 levels. The rally in the shares led the company’s market capitalization to cross the Rs 1 lakh crore mark. The stocks jumped [...]
When a company announces the payment of dividends, the board decides on two important dates i.e, the Record date and the ex-dividend date. To be eligible for receiving the dividends, the investor must hold the stock on the ex-date. Followed by this comes the record date on which the company will check its record to [...]
India Cements Ltd on Monday reported a consolidated net loss of Rs 113.26 crore for the second quarter ended September 2022. The company had posted a net profit of Rs 29.75 crore during the July-September quarter of the previous fiscal, India Cements said in a regulatory filing. Its revenue from operations was up 7.46 per [...]
Inox Green Energy Services, a subsidiary of Inox Wind, has fixed a price band of Rs 61-65 per share for its Rs 740-crore initial public offering (IPO). The initial share-sale will open for public subscription on November 11 and conclude on November 15, and the bidding for anchor investors will open on November 10, the [...]
Tirupati's world famous Lord Venkateswara temple's net worth of over Rs 2.5 lakh crore (about USD 30 billion) is more than the market capitalisation of IT services firm Wipro, food and beverage company Nestle and state-owned oil giants ONGC and IOC. Tirumala Tirupati Devasthanams, keeper of the temple dedicated to Tirupati's presiding deity, for the [...]