With a market capitalization of ₹9,823 crore, Medplus Health Services Ltd. shares surged 20% on Friday to reach an intraday high of ₹ 827.70 apiece from the previous close price of ₹687.65. The company's net profit for the March quarter doubled by 136 percent, and revenue for the quarter rose 30 percent over the last [...]
Shares of company opened 5 percent higher and hit the upper circuit on Friday after the company announced a stock split/ sub-division of its equity shares. They were locked at ₹ 93.05 apiece on the National Stock Exchange (NSE). Servotech Power Systems LED manufactures lighting solutions, UPS (uninterruptible power supply) systems, inverters, and batteries. Its [...]
The shares of Page Industries Limited. fell as much as 15% during the first half of the trading session on Friday, and the stock hit a 52-week low price of Rs 34,968.60 apiece. The decline in share price comes on the back of weak results announced by the company for the quarter ending March 2023. [...]
Shares of the chocolate company opened 5 percent higher and hit the upper circuit after it informed that Reliance Industries’ arm acquired a majority stake in it. Its shares were locked at 152.40 apiece on the Bombay Stock Exchange (BSE). The company manufactures chocolates, cocoa products, and cocoa derivatives. According to an exchange filing, Reliance [...]
Veteran Investor and NRI Rajiv Jain, who is also the Chief Investment Officer (CIO) at the US-based investment firm GQG Partners is bullish on the Adani Group. GQG Partners on March 02, had bought a stake worth ₹ 15,446 crores (about $ 1.9 billion in Adani Enterprises, Adani Ports and Special Economic Zone LtdAdani Transmission [...]
FMCG major Emami Limited on Thursday posted a 60 per cent drop in consolidated net profit to Rs 142 crore for the quarter that ended March 2023, on muted demand. The company posted a consolidated net profit of Rs 354 crore in the corresponding period of FY22. Revenue from operations during the quarter was up [...]
Equity benchmark indices bounced back from intra-day lows to settle in the positive territory on Thursday helped by fag-end buying. In a volatile trade amid the monthly derivaives expiry, the 30-share BSE Sensex climbed 98.84 points or 0.16 per cent to settle at 61,872.62. During the day, it hit a high of 61,934.01 and a [...]
Discount brokerage firm 5paisa Capital on Thursday said it has appointed former Google executive Narayan Gangadhar as Chief Executive Officer with immediate effect. Gangadhar has over two decades of experience, mostly with global technology companies like Google, Uber and Amazon. He is a Bachelor of Engineering from Mumbai University and a Master in Computer Science [...]
S&P Global Ratings on Thursday said Indian banking sector profitability will stabilise at a healthy level, and asset quality will continue to improve. "Indian banks' earnings will likely remain healthy. The sector has improved substantially in the past seven years, from a period when many public-sector lenders were grappling with bad loans," S&P Global Ratings [...]
A Delhi consumer forum has directed the SBI Cards & Payments Services Pvt. Ltd. to pay Rs 2 lakh to a person here for sending him bill even after his card's expiry and blacklisting him for non-payment of the charges. The New Delhi District Consumer Disputes Redressal Forum comprising its president Monika A Srivastava and [...]
Realty firm Kolte-Patil Developers Ltd on Thursday reported a more than four-fold jump in its consolidated net profit to Rs 120.8 crore for the March 2023 quarter on higher income. Its net profit was Rs 26.68 crore in the year-ago period. The total income also jumped over two-fold to Rs 804.42 crore in the fourth [...]
Shares of Vikas Lifecare climbed 10.91% by Thursday’s closing bell to reach an intraday high of ₹ 3.05 apiece, after the company received a huge order. Vikas Lifecare is engaged in the business of polymer, rubber compounds and additives for plastics, synthetic and natural rubber. Additionally, it is also a del-credere agent of ONGC (Oil [...]
Introduction The benchmark indices closed in the green today, with the Sensex gaining 98 points, equating to 0.16 percent, currently standing at Rs 61,872.62 and the BSE 500 index closed in the green by gaining 66 points, or 0.27 percent. Over the last year, BSE 500 index has returned 13 percent, and these four companies [...]
Shares of Aptech Ltd surged 9 percent on Thursday’s Early Trades to reach a record high of ₹ 528.00 apiece on the Bombay Stock Exchange (BSE), after the company reported robust results for the quarter and year ended on March 31, 2023 and declared a bonus issue. At 01:15 PM, its shares were trading 6.41 [...]
The shares of Trident Ltd. fell as much as 9% during the first half of the trading session on Thursday, touching a low of Rs 32.10 apiece. The decline in share price comes on the back of weak results announced by the company for the quarter ending March 2023. The company reported a net profit [...]
Shares of Piramal Pharma Ltd., surged 13% on Thursday to reach an intraday high of ₹ 83.95 apiece from the previous close price of ₹73.90. At 14.00 am, the stock was trading at Rs 79.75 on the BSE, up 7.84 percent from its previous close. One of the probable reasons for the stock to hit [...]
Auto components maker Pricol Ltd on Thursday said it has moved the Madras High Court challenging the validity of the application of rival Minda Corporation to the Competition Commission of India to acquire a 24.5 per cent stake in it. Minda Corporation had earlier this month decided to approach the CCI to increase its stake [...]
PI Industries is engaged in the business of - Agri inputs, fine chemicals, and (CRAMS) contract research and manufacturing services. and it is a leading player in the agrochemicals space, having a solid presence in domestic and export markets. Shares of PI Industries Ltd. were trading at ₹ 3455.10 gaining 1.06 % on Thursday’s trading [...]
Shares of Wonderla Holidays, India’s largest amusement park, gained 7.07 percent on Thursday’s early trades to reach an intraday high of ₹ 498.00 apiece after the company reported robust results for the quarter and year ended on March 31, 2023. Wonderla Holidays is primarily engaged in the business of amusement parks and resorts. Some of [...]
With a market capitalization of Rs 15,993 crore, J B Chemicals and Pharmaceuticals Ltd. shares surged 8% on Thursday to reach an intraday high of ₹ 2080 apiece from the previous close price of ₹1923. At 12.16 am, the stock was trading at Rs 2053.50 on the BSE, up 7 percent from its previous close. [...]
