The shares of Tata Investment Corporation jumped 8.8% during early trades on Wednesday after the company posted robust results in the latest quarter. The shares are currently trading at ₹ 1491.00 apiece, up 5.48%. The company’s total income increased by 64.69% to ₹ 102.08 crores in Q1FY23 (June quarter) as against ₹ 61.98 crores in [...]
On Wednesday, the shares of Dynamic Cables Ltd were trading up by 1.5% till 12 pm and were trading at Rs 142 levels. The stock has been rallying for the last few days and added more than 19%. A year ago, the stock was trading at Rs 47 a piece. From there it has escalated [...]
After a better-than-expected response from players on the opening day, the 5G spectrum auctions entered the second day on Wednesday, with the fifth round of bidding currently underway. Firms run by tycoons Mukesh Ambani, Sunil Bharti Mittal and Gautam Adani as well as Vodafone Idea had put in bids of about Rs 1.45 lakh crore [...]
On Wednesday, The shares of Yes Bank Limited jumped by 4.3% till 11.30 am and were trading at Rs 14.30. The stock has added approximately 4% in a week. Within the span of a month, the stock has scaled by more than 11%. Yes Bank Limited is a private sector bank engaged in providing banking [...]
Shares of Larsen & Toubro (L&T) climbed nearly 4 per cent in morning trade on Wednesday after the company's consolidated net profit increased 44.9 per cent in the June quarter this year. The stock jumped 3.62 per cent to Rs 1,814.30 on the BSE. At the NSE, it advanced 3.58 per cent to Rs 1,814 [...]
Firms run by tycoons Mukesh Ambani, Sunil Bharti Mittal and Gautam Adani bid about Rs 1.45 lakh crore to buy fifth-generation (5G) airwaves on the opening day of India's largest-ever spectrum auction on Tuesday. Telecom Minister Ashwini Vaishnaw said the response on the first day of the auction exceeded all expectations and will surpass the [...]
Retail chain Shoppers Stop Ltd on Tuesday reported a consolidated net profit of Rs 22.83 crore for the first quarter that ended on June 30, 2022. The company had posted a net loss of Rs 104.89 crore in the April-June quarter a year ago, said Shoppers Stop in a regulatory filing. Its revenue from operations [...]
Shares of Ujjivan Small Finance Bank on Tuesday jumped nearly 10 per cent after the company reported its highest-ever quarterly profit in the June quarter at Rs 203 crore. The stock climbed 9.77 per cent to Rs 19.10 -- its highest trading permissible limit for the day -- on the BSE. On the NSE, it [...]
Tata Power on Tuesday posted a nearly 90 per cent jump in its consolidated net profit to Rs 883.54 crore for the April-June quarter of the current fiscal driven by higher income. The company had posted a net profit of Rs 465.69 crore in the same quarter of 2021-22, Tata Power said in a BSE [...]
The trade volume on the Indian Energy Exchange (IEX) grew 10 per cent to 23.4 billion units in June quarter mainly due to rise in power consumption in the country during the period. The trade volume in the quarter comprised 20.64 billion units (BU) in the conventional power market, 1.52 BU in the green market [...]
