India's second largest telecom operator Bharti Airtel on Monday posted an 89 per cent year-on-year rise in consolidated net profit for second quarter ended September 2022 to Rs 2,145 crore, amid improved average realisation per subscriber. The total revenue rose 22 per cent year on year to Rs 34,527 crore during the just-ended quarter, according [...]
The shares of Avantel Limited opened at Rs 394 on Monday and climbed up by 15 per cent to reach its new 52-week high of Rs 459.90 in the early trading hours. In the past five days, the stock has climbed up by 25 per cent. In a month, it has climbed up by 4 [...]
Benchmark indices opened in the green as they extended gains to the third session in a row. Strong global cues and steady foreign flows kept the markets higher. The Nifty 50 was at 18000 levels, while the Sensex was at 60740 levels. However, two stocks took a downturn as they missed expectations in terms of [...]
Music label Saregama India Ltd on Monday reported a 36.42 per cent increase in its consolidated net profit to Rs 46.11 crore for the second quarter ended September 30, 2022. It had posted a net profit of Rs 33.80 crore in the July-September quarter last fiscal, Saregama said in a regulatory filing. Saregama's total income [...]
Auto component maker Motherson Sumi Wiring India Ltd on Monday reported a 2 per cent rise in net profit at Rs 116.45 crore in the second quarter ended September 30, 2022. The company had posted a net profit of Rs 114 crore in the same period last fiscal, Motherson Sumi Wiring India Ltd (MSWIL) said [...]
The shares of Gloster Limited got locked in an upper circuit of 20 per cent at Rs 1,385 levels till the afternoon on Monday. The stock skyrocketed after the board announced that it will consider a bonus issue of shares. “This is to inform you that a Meeting of the Board of Directors of the [...]
Manufacturer of snacks and sweets Bikaji Foods International Ltd on Monday said it has fixed a price band of Rs 285-300 a share for its Rs 881-crore initial public offering (IPO). The initial share-sale will open for public subscription on November 3 and conclude on November 7, the company announced. The IPO will be a [...]
A slew of companies is lined up on Monday to declare their quarterly results. Benchmark indices made a strong opening on Monday, extending gains to the third session in a row. The BSE Sensex and the NSE Nifty 50 jumped more than 1 per cent in early trades. Companies declaring their result today include Larsen [...]
The shares of Trent Limited, a tata group stock opened at Rs 1,463 on Monday and climbed by 5 per cent to reach its new 52-week high of Rs 1,542 in the early hours. In the past four months, the stock has climbed by approximately 42 per cent. In October 2020, the stock was trading [...]
Debt-ridden Future Enterprises has defaulted on a principal amount of Rs 126.13 crore in September, which includes payment obligation of Rs 98.35 crore for NCDs and Rs 27.78 crore to banks, under a one-time restructuring (OTR) scheme. Future Enterprises Ltd (FEL) had entered into the OTR scheme for COVID-hit companies with its consortium of banks [...]
