On Friday, JSW Steel reported returning to black as it posted a consolidated net profit of Rs 2,773 crore for the July-September quarter on the back of higher income. In the second quarter of the last financial year, the steelmaker suffered a loss of Rs 915 crore. JSW said in a regulatory filing, the total [...]
On Friday, Glenmark Life Sciences said its profit after tax grew 11 per cent YoY to Rs 119 crore for the second quarter ended September 30, 2023. During the quarter Revenue from operations rose by 17 per cent YoY to Rs 595 crore. Glenmark Life Sciences said in a regulatory filing. "Geographically, regulated markets including [...]
Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday posted a 35.4 per cent drop in consolidated profit to Rs 1,729 crore for the September quarter, because of lower income. In the year-ago period, the company had reported a consolidated profit of Rs 2,680 crore, HZL said in a filing to the BSE. During the [...]
This S&P BSE Smallcap Stock Jumped 4.8% on Friday within the first hour of markets opening after an announcement regarding its receipt of a new order. The company has a market cap of Rs. 9,032 crore and is 18% away from its 52 week high, trading at Rs. 805.00 versus Rs. 787.90 at previous close. [...]
This S&P BSE Smallcap Stock Jumped 3% on Friday within the first hour of markets opening after an announcement regarding its receipt of a key regulatory certificate in its Agro Drone business. The company has a market cap of Rs. 2,883 crore and is 13% away from its 52 week high, trading at Rs. 739.15 [...]
The shares of India's fourth largest private sector bank by assets gained 2 percent to Rs 1,773.20 a share after the company received approval from the Reserve Bank of India to acquire Sonata Finance for Rs 537 crore. At 3:20 p.m., Kotak Mahindra Bank Ltd shares were trading at Rs 1,771.10 on the National Stock [...]
Here are the two stocks that have built a strong brand and customer loyalty in the sectors of Footwear and Milk products,And these companies' shares have gained after they released September quarter results(Q2FY24). Metro Brands Metro Brands Limited is one of the largest Indian footwear & accessories specialty retailers and are among the aspirational Indian [...]
Adani Cement announced on Friday that it had refinanced a USD 3.5 billion loan it took to acquire ACC and Ambuja Cement, indicating the growing trust of international institutions in the conglomerate. The firm said in a statement that as many as 10 international banks refinanced the facility. "The re-financing program of USD 3.5 billion [...]
CSB Bank, a private sector lender on Friday posted a 10 per cent rise in net profit at Rs 133 crore in the second quarter ended September 2023 as bad loans decreased. The Kerala-based bank, in the year-ago period, had posted a net profit of Rs 121 crore. CSB Bank said in a regulatory filing [...]
On Friday, TVS Motor Company announced that its foray into the Venezuelan market with plans to launch 14 products, including two-wheelers and three-wheelers. TVS Motors Company said in the filing that the company will be introducing the products with its local distributor, SERVISUMINISTROS JPG. The company's product line includes premium motorcycles like as the RR [...]