Orient Green Power Company Ltd (OGPL) on Wednesday reported a 43 per cent decline in its consolidated net profit at Rs 33.80 crore in the July- September quarter of FY23. The consolidated net profit of the company was Rs 59.65 crore in the quarter ended on September 30, 2021, a BSE filing stated. Total income [...]
Cement maker Dalmia Bharat Ltd on Wednesday reported a 76.84 per cent decline in consolidated net profit at Rs 47 crore for the quarter that ended September. The company had posted a net profit of Rs 203 crore during the July-September quarter a year ago, Dalmia Bharat said in a regulatory filing. Its revenue from [...]
Malaysia's AirAsia on Wednesday said it has entered into a pact with Air India to sell its remaining stake in budget carrier AirAsia India. Tata group and the Malaysian entity-owned AirAsia India started flying in June 2014. In a statement, AirAsia Aviation Group Ltd said it has entered into a share purchase agreement to sell [...]
The Indian markets ended in red ahead of the US Federal Reserve meeting outcome later tonight. The BSE Sensex ended 215 points lower at 60,906. The broader index NIfty50 lost 62 points to settle at 18,083. Amid the volatile markets, here are two stocks that hit 52 weeks high after strong Q2 results: Sun Pharmaceutical [...]
The shares of Adani Ports and Special Economic Zone Limited were trading marginally lower at Rs 834 levels till the afternoon on Wednesday. In the past five days, the stock has gained approximately 4 per cent. The Adani group company reported a strong quarterly result. In Q2FY23, their revenue from operations grew by 32.8 per [...]
Adani Transmission on Wednesday reported a 32 per cent dip in its consolidated net profit at Rs 194 crore in September quarter compared to year ago, mainly due to adverse forex movement adjustment. The company explained in a statement that in the second quarter of FY23, consolidated PAT (profit after tax) or net profit of [...]
Mahindra Holidays & Resorts India Ltd on Wednesday reported a 30 per cent decline in consolidated profit after tax to Rs 41.39 crore for the second quarter ended September 30, impacted by higher expenses. The company had posted a consolidated profit after tax of Rs 59.76 crore in the same period last fiscal, Mahindra Holidays [...]
Telecom operator Bharti Airtel on Wednesday said it has surpassed 1 million customers on 5G network within 30 days of its commercial launch even while the network is being built. Earlier, Airtel had announced phase wise roll-out of its 5G services in Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Siliguri, Nagpur and Varanasi. The services in these [...]
Akasa Air will start flights from Bengaluru to Pune from November 23, making the city the ninth destination in the new airline's network. The carrier, which started operations on August 7, expects to cross some 58 daily flights and 400 weekly flights by the end of November, a release said on Wednesday. Owing to rising [...]
There might be a huge sell-off in November on Dalal Street as a large supply of recently-listed companies will see their lock-in periods ending this month. The list has even high-profile names such as Paytm’s One 97 Communications, Nykaa’s FSN E-commerce, and PolicyBazaar’s parent PB Fintech. The IPO lock-in period is the time span during [...]
