Leading skills and talent development corporation, NIIT’s share price rose by a whopping 12.87% to reach an intraday high of ₹ 331.90 apiece on the National Stock exchange. Its shares were trading at ₹ 324.50 apiece, up 10.36% at 11:53 AM on Monday. The company on Saturday announced that it has acquired 100% membership interest [...]
The shares of the largest bank in India, SBI scaled to a new 52-week high of Rs 622.70 as soon as the markets opened on Monday. The PSU bank became the most profitable firm in the September quarter in India after it reported its highest quarterly net profit of Rs 13,264 crore which was an [...]
Reliance Industries is set to acquire German retailer METRO AG's Cash & Carry business in India in a deal estimated at around 500 million euros (Rs 4,060 crore), industry sources said. The deal includes 31 wholesale distribution centres, land banks and other assets owned by METRO Cash & Carry here, they said. This is going [...]
Indian benchmark indices closed in green amid mixed global cues on Friday. The NSE Nifty 50 rose over 64.45 points or 0.36% to close at 18,117.15, whereas BSE Sensex was up over 113 points or 0.19% to end the week at 60,950 levels. With the rising optimism in the market, here are 6 stocks with [...]
Equity benchmark indices made a positive start on Monday. Benchmark indices were in the green during early trades amid firm global market trends and fresh foreign fund inflow. The BSE Sensex climbed 563.09 points to quote at 60,522.94 points, while the NSE Nifty 50 advanced 161.55 points to quote at 17,948.35 points On Friday, the [...]
Sugar firm Triveni Engineering & Industries Ltd on Saturday reported a multi-fold jump in its consolidated profit to Rs 1,387.76 crore for the quarter ended September on one-off gains. Its net profit stood at Rs 92.47 crore in the year-ago period. Total income rose to Rs 1,483.33 crore in the second quarter of this fiscal [...]
State-owned Bank of Baroda on Saturday reported a jump of 59 per cent in its net profit to Rs 3,313 crore for the second quarter ended September on the back of a decline in bad loans and rise in interest income. The lender had posted a net profit of Rs 2,088 crore in the corresponding [...]
Private sector DCB Bank on Saturday posted a 73 per cent jump in net profit at Rs 112 crore for the quarter ended September 2022 on the back of reduction in bad loans. The bank had reported a profit of Rs 63 crore in the year-ago period. Total income of the lender during the July-September [...]
Go Fashion (India) Ltd which owns the popular women's wear brand 'Go Colors' has recorded a 3.76 per cent rise on its profit after tax for the second quarter ending September 30, 2022 at Rs 19.3 crore, the company said on Saturday. The company had registered profit after tax at Rs 18.6 crore during corresponding [...]
Paradeep Phosphates Ltd's consolidated net profit declined 71 per cent to Rs 51.10 crore in the quarter ended September 2022 on higher expenses. Its net profit stood at Rs 175.19 crore in the year-ago period. Total income, however, rose to Rs 2,869.81 crore in the quarter from Rs 1,937.61 crore in the corresponding period of [...]
