Shares of this multibagger small-cap stock associated with compressors, pumps & diesel engines hit the 20 percent upper circuit after the company received an order worth Rs 1,603 crores from Maharashtra State Electricity Distribution Company Limited (MSEDCL). With a market capitalization of Rs 2,037.16 crores, the stocks of Shakti Pumps (India) Limited started their trading [...]
The mining company invited Japanese companies to India to invest in the country's first electronic manufacturing hub. With a market capitalization of 85,607 crore, the stock of Vedanta opened flat at Rs 228 in Thursday’s morning session. Vedanta invited Japanese companies to invest in India for an electronic manufacturing hub. The government of Gujarat invited [...]
On Thursday Equity benchmark indices dropped in early trade, falling for the second day running, following weak trends in global markets and fresh foreign fund outflows. Disappointing earnings from IT services company Wipro also dragged the benchmarks lower. The Sensex dropped 490.44 points to 65,386.58. The Nifty dropped 137.5 points to 19,533.60. Among the Sensex [...]
On Wednesday, IndusInd Bank reported a 22 per cent rise in consolidated net profit at Rs 2,202 crore for the September quarter of 2023-24, aided by a drop in bad loans and a rise in interest income. In the previous fiscal year, the bank made a profit of Rs 1,805 crore. IndusInd Bank said in [...]
On Wednesday, Bajaj Auto said its consolidated net profit climbed 17.51 per cent to Rs 2,020 crore for the September quarter. In the year-ago, this Pune-based company had reported a net profit of Rs 1,719 crore. Bajaj Auto said in a regulatory filing that total income increased to Rs 11,207 crore for the second quarter [...]
Happiest Minds Technologies has posted a 1.6 per cent decline in net profit to Rs 58 crore for the September quarter. The company had posted a profit of Rs 59 crore in the year-ago period, it said in a regulatory filing late on Tuesday. In constant currency terms, revenue for the Bengaluru-headquartered company increased 14.3 [...]
The company said in the regulatory filing, Wipro's consolidated profit remained almost flat at Rs 2,667.3 crore in the second quarter that ended September 30. The company reported a PAT of Rs 2,649.1 crore a year ago. According to the filing, its consolidated revenue from operations fell marginally to Rs 22,515.9 crore in the reported [...]
Rakesh Jhunjhunwala stock gains marginally after one of the leading and well known financial services institutions IDBI Capital gives ‘Buy’ recommendation on this Bank with an upside potential of 33 percent. Federal Bank With a Market capitalization of Rs. 35,451 crores, on Thursday the shares of Federal Bank were trading flat from its previous day [...]
On Wednesday, Bandhan Bank recorded a 245 per cent increase in net profit to Rs 721 crore in the second quarter of the 2023-24 fiscal year, compared to Rs 209 crore the previous year. The loan portfolio of the Kolkata-based bank stood at Rs 1.08 lakh crore at the end of the July-September quarter, representing [...]
This S&P BSE Smallcap stock has a market cap of Rs. 4,605 crore and rose over 10% within the first hour of markets open with volumes that are over 20x previous session’s and monthly average volumes. The stock gained after announcing License Agreement with Indian National Space Promotion and Authorization Centre. The stock trades 6% [...]
