Shares of Page Industries hit a 52-week high in morning trade on Friday after the apparel manufacturer reported a multi-fold jump in the first quarter net profit. Shares of Page Industries opened on a strong note on BSE at Rs 49,799.95, then gained momentum to touch its 52-week high of Rs 50,338.05, registering a jump [...]
Healthcare chain Apollo Hospitals Enterprise on Thursday reported a 35.33 per cent decline in consolidated net profit at Rs 323.78 crore in the first quarter of FY23 amid higher expenses and marginal revenue growth. The company had posted a consolidated net profit of Rs 500.68 crore in the same period last fiscal, Apollo Hospitals Enterprise [...]
Adani group will invest Rs 57,575 crore in setting up an alumina refinery in Odisha as the conglomerate run by richest Indian Gautam Adani adds one more business. In a press statement, the group said it will set up a 4-million tonnes a year alumina refinery near bauxite mines as well as an iron ore [...]
Apparel manufacturer Page Industries Ltd on Thursday reported a multi-fold increase in its net profit at Rs 207.03 crore for the quarter ended June 2022. The company had posted a net profit of Rs 10.94 crore during the April-June period a year ago, Page Industries Ltd (PIL) said in a BSE filing. Its revenue from [...]
Many users of the online brokerage app Zerodha, took to Twitter to report that they have issues accessing the portal. They said that they were unable to access the app and that the prices were not being updated on a day when the markets were volatile. According to downdetector.com, 65 per cent of the users [...]
The Indian indices opened in green on Thursday. The Sensex was up 585.21 points or 0.99% and opened at 59402.50, and the Nifty was up 161.40 points or 0.92% at 17696.20. With the rising markets, here are two Rakesh Jhunjhunwala stocks that have reached their 52-week high and analysts see a further upside of up [...]
How to Get Money for College: Are you looking for college scholarships? Do you need information on financial aid? Don't despair! Just read the tips below and you'll be well on your way to getting money for college! Every year I hear and see many articles and advertisements about finding college scholarships. Some are easy [...]
Oil India Ltd (OIL), the nation's second-largest state explorer, reported a tripling of its net profit in the June quarter on record oil and gas price realisation. Its net profit was Rs 1,555.46 crore, or Rs 14.34 per share, in April-June compared to Rs 507.94 crore, or Rs 4.68 a share, in the same period [...]
Auto components maker Bharat Forge Ltd on Thursday reported a consolidated net profit of Rs 160.37 crore for the first quarter ended June 30. The company had posted a consolidated net profit of Rs 152.75 crore in the same quarter last fiscal, Bharat Forge said in a regulatory filing. Its consolidated revenue from operations during [...]
The shares of Alliance Integrated Metaliks Limited opened in the green on Thursday. They surged by 29.38% in the last five days. In fact, they rose 9.97% on Wednesday’s intraday trade and got locked at an upper circuit amid a choppy session. The company manufactures a wide range of metal structures and parts of metal [...]
JSW Energy on Wednesday said that its wholly owned subsidiary, JSW Neo energy has agreed to acquire solar and wind power assets from Mytrah Energy (India) Pvt Ltd. The deal was struck at an enterprise value of approximately ₹ 10,530 crores for assets totalling 1753 megawatts (MW). KPMG India Services LLP was the transaction advisor [...]
Telecom major Bharti Airtel reported a 466% surge in its consolidated net profit at ₹ 1,607 crores for the June quarter of 2022, boosted by subscriber additions. It had reported a net profit of ₹ 284 crores in the corresponding quarter last year. Airtel’s consolidated revenue from operations rose 21% to ₹ 32,805 crores in [...]
Shares of Eicher Motors jumped over 3 per cent to hit a 52-week high in morning trade on Thursday after the company posted strong earnings for the quarter ended June 30. On BSE, the stock opened strong at Rs 3,249 and gained further ground to touch its 52-week high level of Rs 3,260.85, registering a [...]
PB Fintech, the parent firm of online insurance broker Policybazaar, on Wednesday reported a widening of consolidated loss to Rs 204.33 crore in the first quarter ended June 30, 2022, according to a BSE filing. The company had posted a loss of Rs 110.84 crore in the same period a year ago. The consolidated revenue [...]
Kirloskar Pneumatic's promoter entities on Wednesday divested over 14 per cent stake in engineering firm Kirloskar Pneumatic Company Ltd for Rs 432 crore through open market transactions. The promoter and promoter group who offloaded shares included Jyotsna Gautam Kulkarni, Ambar Gautam Kulkarni and Nihal Gautam Kulkarni. The shares were picked up by a clutch of [...]
Life Insurance Corporation (LIC) on Wednesday said it has sold 2 per cent of its shareholding in automaker Mahindra & Mahindra for about Rs 2,222.49 crore. The shares were sold through open market transactions during the period from December 21, 2020, to August 8, 2022, according to a regulatory filing. After the sale, the LIC [...]
Suzlon Energy posted a multi-fold rise in its net profit to Rs 2,432.55 crore in the June quarter compared to the year-ago period, helped by exceptional gains. The consolidated net profit of the company was Rs 3.64 crore in the quarter ended June 30, 2021, a BSE filing said. Total income of the company rose [...]
Multibagger Stock: A year ago the shares of Fine Organic Industries Ltd were trading at Rs 2992 a piece on NSE. From there it has climbed up to the current levels of Rs 6,774 thereby giving a multibagger return of 124% in just a year. On Wednesday the stock opened at Rs 6,800 up 16% [...]
Coal India Ltd on Wednesday reported almost three-fold rise in consolidated net profit at Rs 8,832.86 crore for June quarter 2022-23 on the back of higher sales. The company had posted a net profit of Rs 3,169.86 crore in the year-ago period, Coal India Ltd (CIL) said in a filing to BSE. Revenue from operations [...]
Mortgage financier Indiabulls Housing Finance on Wednesday reported a marginal 1.8 per cent rise in its profit after tax (PAT) to Rs 287 crore for the April-June quarter due to lower net interest income (NII). The lender had reported a profit after tax of Rs 282 crore in the same quarter of the previous fiscal. [...]
