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TCS Q1FY25 Results: Profit Rises by 9%, Revenue Up by 5.4% – Company Announces dividend of ₹10

TCS Q1FY25 Results: Profit Rises by 9%, Revenue Up by 5.4% – Company Announces dividend of ₹10

11 July 2024

Tata Consultancy Services (TCS) has reported its first-quarter results for FY25, aligning closely with market expectations. The company recorded a consolidated net profit of Rs.12,040 crore, marking around 8.7% – 9% y-o-y increase from Rs.11,074 crore in Q1FY24. Revenue from operations grew by 5.4% to Rs.62,613 crore, compared to Rs.59,381 crore in Q1FY24 and 4.4% …

JSW MG Motor Partners with Shell for Enhanced EV Charging Infrastructure

JSW MG Motor Partners with Shell for Enhanced EV Charging Infrastructure

11 July 2024

JSW MG Motor, one of the leading names in automobile manufacturing, has partnered with Shell India for EV charging expansion across India. This collaboration aims to provide consumers with fast charging options in cities and along long-distance routes to enhance the electric charging infrastructure. JSW MG Motor India currently operates a manufacturing plant in Halol, …

Revolt Motors Makes a Splash at Sri Lanka’s Electric Vehicle Motor Show 2024

Revolt Motors Makes a Splash at Sri Lanka’s Electric Vehicle Motor Show 2024

11 July 2024

Revolt Motors, a subsidiary of Rattanindia Enterprises Ltd and India’s leading electric motorcycle company, roared into the spotlight at Sri Lanka’s inaugural Electric Vehicle Motor Show (EVMS) 2024. Held from June 28th to 30th at the Bandaranaike Memorial International Conference Hall (BMICH), the event marked a significant milestone in Sri Lanka’s journey towards sustainable transportation. …

SG Finserve Ltd Announces Financial Results For The Quarter Ended June 30, 2024

SG Finserve Ltd Announces Financial Results For The Quarter Ended June 30, 2024

10 July 2024

On July 10, 2024, SG Finserve Limited announced financial results for the quarter ended June 30, 2024, via a stock exchange filing. SG Finserve Limited (SGFL) has reported a Profit After Tax (PAT) of ₹19.39 crore for Q1FY25. Management expressed satisfaction in sharing the results for the quarter, marking 22 months since the company commenced …

Overnight Digest: Top 5 Mid and Small-Cap Stocks to Watch for July 11

Overnight Digest: Top 5 Mid and Small-Cap Stocks to Watch for July 11

10 July 2024

On Wednesday, the benchmark market closed in the red but significantly off its lows, with major selling observed in banks and autos. The Sensex traded 0.88% lower, while the Nifty plunged by 0.83%. Nifty FMCG was the only major sector trading positively. In contrast, Nifty Auto, Nifty Metal, and Nifty Media were the major underperformers. …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

10 July 2024

During Wednesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. PC Jeweller Ltd PC Jeweller Ltd has shown strong performance today, with a high of Rs 67.75 and a significant traded volume of 2.02 crores. The stock is currently trading at Rs 66.63, …

Amara Raja Energy & Mobility Ltd Charts Course for Growth in EV Battery Market

Amara Raja Energy & Mobility Ltd Charts Course for Growth in EV Battery Market

10 July 2024

Strategic Partnership with Gotion Boosts Technology and Supply Chain A significant announcement during the call was the company’s comprehensive technology licensing agreement with Gotion InoBat Batteries (GIB), a subsidiary of Gotion High-Tech from China. This partnership grants Amara Raja access to Gotion’s robust LFP (Lithium Iron Phosphate) battery technology, including the less common cylindrical form …

SME Telecommunications Provider Expands Reach Through Revenue-Sharing Agreement with BSNL

SME Telecommunications Provider Expands Reach Through Revenue-Sharing Agreement with BSNL

10 July 2024

SAR Televentures Ltd, a public listed company on the NSE Emerge platform, has signed a revenue-sharing agreement with Bharat Sanchar Nigam Limited (BSNL) to expand its service offerings. The agreement allows SAR Televentures to provide BSNL’s fixed, wireless, and broadband telecom services to end users in Mohali (Rural). This collaboration is a significant development for …

India’s General Insurance Industry Experiences Robust Growth

India’s General Insurance Industry Experiences Robust Growth

10 July 2024

India’s general insurance industry is witnessing a significant surge, fueled by a growing demand for motor and health insurance policies. The first quarter of the financial year saw a robust 13.33% increase in gross written premium (GWP), with June alone reporting a healthy 8.76% increase. This positive trend reflects a growing awareness among Indian consumers …

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

10 July 2024

The benchmark index S&P BSE 500 opened today at 36,544.14 and made its day high at 36,544.18, and it is trading in red today, down by around 1%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Rajesh Exports Ltd Shares …

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