Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported Rs 2,172.14 net loss in July-September after losses arising from freezing petrol and diesel prices couldn't be made up by accounting for a one-time government grant that came after the quarter had ended. Standalone net loss of Rs 2,172.14 crore in the second quarter of the current [...]
Indian Bank on Thursday reported 13 per cent rise in net profit at Rs 1,225 crore for September quarter 2022-23 as provisions for bad loans fell. The bank had posted a net profit of Rs 1,089 crore for the year-ago period. Total income in the quarter increased to Rs 12,538 crore from Rs 11,440.42 crore [...]
Mortgage lender HDFC Ltd on Thursday said its consolidated net profit increased by 24 per cent to Rs 7,043 crore in the September 2022 quarter. It had reported a Rs 5,670 crore net profit in the year-ago period, HDFC said in a regulatory filing. Its total income on a consolidated basis rose to Rs 43,927 [...]
Adani Wilmar on Thursday reported a 73 per cent decline in consolidated Profit After Tax (PAT) at Rs 49 crore during the quarter ending September 30, following a challenging environment. The company's PAT stood at Rs 182 crore in the year-ago period, Adani Wilmar said in a statement. Revenue of the company grew by a [...]
The largest Insurance company, Life Insurance Corporation (LIC) of India has increased its stake in the Tata group automobile company. In the last quarter, it held 16,59,48,741 shares which represented a 4.997 per cent stake in the company. As per the latest shareholding pattern of Tata Motors, the state insurer has increased its holding to [...]
The shares of Mahindra & Mahindra Financial Services gained 11.31% to reach an intraday high of ₹ 215.50 apiece on the National Stock Exchange (NSE), even though its consolidated net profit declined by 555.41% in September 2022. Its shares were trading at ₹ 215.15 apiece at 01:00 PM on Thursday. The Mumbai-based non-banking finance company [...]
The stock of Axiscades Technologies Ltd. has gained 19.77% in the past five days. It hit a fresh 52-week high of ₹ 303.70 per share on Thursday’s early trades. The present price level gives the Bangalore-headquartered company a market cap of Rs. 1,084 crores making it a small-cap company. Axiscades Technologies is a leading product [...]
Archean Chemical Industries, a speciality marine chemical manufacturer, on Thursday said it has fixed a price band of Rs 386-407 a share for its Rs 1,462-crore initial public offering (IPO). The initial share-sale will open for public subscription on November 9 and conclude on November 11. The bidding for anchor investors will open on November [...]
Bikaji Foods International is one of India’s largest fast-moving consumer goods (“FMCG”) brands with an international footprint. It is engaged in selling Indian snacks and sweets and is among the fastest-growing companies in the Indian organized snacks market. Here are some key details about the IPO that retail investors should know about: IPO Size: The [...]
Petrochemical manufacturing firm Manali Petrochemicals Ltd reported a standalone profit after tax (PAT) at Rs 11.71 crore for the second quarter ending September 30, 2022, the company said on Wednesday. The city-based company which is a part of the AM International, Singapore, had reported standalone PAT at Rs 119.62 crore during the corresponding quarter in [...]
