Mahanagar Telephone Nigam Ltd (MTNL) share price saw a sharp rise of 20% in its share price, reaching the upper circuit limit of ₹57.16 on the BSE on February 5. This surge follows a 6% gain in the previous session. The stock opened at ₹54, up from its last close of ₹47.64, and peaked at …
Asian Paints reported a 23.3% drop in net profit for Q3FY25, bringing it down to ₹1,110 crore. The company’s net sales fell 6.1% year-on-year to ₹8,522 crore, mainly due to weak demand, downtrading, and a lackluster festive season. Performance Across Business Segments Decorative Paints (India): Volumes grew 1.6%, but overall sales declined due to sluggish …
Tata Power reported an 8.2% increase in its consolidated net profit for Q3FY25, reaching ₹1,030.7 crore, compared to ₹953 crore in the same quarter last year. This rise was driven by improved business performance. Revenue and PBDIT Performance Revenue grew 5% year-on-year to ₹15,391.1 crore. Profit Before Depreciation, Interest, and Tax (PBDIT) saw an 81% …
IRB Infrastructure declared a third interim dividend of ₹0.10 per equity share (10% of the face value of ₹1 each) for FY25. The record date for dividend payment is February 6, 2025, and eligible shareholders will receive payments by March 1, 2025. This brings the total dividend payout for the first nine months of FY25 …
In the last 12 months, the Nifty 50 has declined by about 7%, while the S&P 500 has surged nearly 24%. Additionally, the Indian Rupee’s depreciation against the US Dollar has boosted returns for Indian investors investing in US stocks. A great way to invest in the US market from India is through Exchange-Traded Funds …
Blue-chip stocks belong to well-established companies with strong finances. They are known for their stability, steady growth, regular dividends, and strong brand value. They are less affected by economic slowdowns, making them a good choice for long-term investors. In this article, we will look at the top blue-chip stocks in India for February 2025, ranked …
Nestlé S.A., the world’s largest coffee company, is considering launching Starbucks-branded ready-to-drink (RTD) coffee in India’s retail market, as per a report. This move is part of Nestlé’s global partnership with Starbucks Corporation, allowing it to sell Starbucks’ packaged coffee and beverages outside of its cafes. Axel Touzet, head of Nestlé’s Coffee Strategic Business Unit, …
On Thursday, February 6, 2025, the Indian benchmark indices Sensex and Nifty 50 are expected to open higher, following gains in global markets. Check out a few stocks that might be in focus during the trading session. Swiggy Swiggy‘s consolidated net loss widened to ₹799 crore in Q3 FY25, compared to ₹574.4 crore in the …
The global technology company KPIT Technology has set Feb 04, 2025, as the record date for its interim dividend for FY25. On January 29, 2025, KPI Tech declared an interim dividend of ₹2.50. The company further stated that the interim dividend be paid within the statutory timelines. KPIT Tech Record Date: What This Means For …
India’s logistics sector, a key driver of economic growth, is evolving rapidly with advancements in technology and efficiency. It encompasses transportation, warehousing, inventory management, and supply chain operations. Improved infrastructure and innovation have enhanced cost-effectiveness, making logistics companies attractive investment opportunities amid rising demand for seamless trade and commerce. India climbed to 38th in the …
