Reflecting the resilience in global markets, domestic indices started today’s trading session on a cheerful note, with significant gains in the information technology, telecommunications, and energy sectors. Broader indices also experienced notable investor optimism. With 2,115 shares rising on the BSE and 804 shares declining, the advance-decline ratio strongly remained in favour of advances. At …
On Thursday, the benchmark indices were trading in the green with the Sensex up around 225 points or 0.31% at 73,207, while the Nifty-50 was up around 57 points or 0.26% at 22,258. About 2,088 shares have advanced; 871 declined and 115 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
On May 23, 2024, Page Industries Limited announced its financial results for the Q4 and annual year ended March 31, 2024. In Q4 FY 2024, the company reported a 38.1% increase in Profit After Tax (PAT). Financial Performance in Q4 FY 2024 In the quarter ended March 2024, the sales volume increased 6.1% year over …
Allcargo Logistics Limited, a leading integrated logistics solutions provider in India, announced the successful completion of the acquisition of Fair Trade GmbH, a German freight forwarding company. This strategic move strengthens Allcargo’s presence in the European market, particularly within the key German logistics landscape. Acquisition Finalized, Full Ownership Secured On May 21, 2024, Allcargo Logistics’ …
On Thursday, the market reached a record high after the RBI announced its highest-ever dividend for the government. The Sensex rose by 1.61% to close at 75,418.04, and the Nifty increased by 1.33% to finish at 22,898.70. The market cap of BSE-listed companies hit a record Rs 420 lakh crore. Nifty Auto, Nifty Bank, and …
During Thursday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Bank of Maharashtra Ltd Bank of Maharashtra’s stock is currently trading at Rs 68.95, up 2.07% from the previous close of Rs 67.55. Today’s trading session saw a significant volume spike with 32,716,023 …
ITC announced its Q4 FY24 results today, the company’s revenue surged by 1.1% to reach Rs.16,579 crore, reflecting a growth trajectory. However, net profit witnessed a marginal decline of 1.3% to Rs.5,020 crore, because of flattened cigarette sales. Similarly, EBITDA figures also exhibited a slight reduction, down by 0.8% to Rs 6,162 crore along with …
Adani Enterprises Limited (AEL) is an Indian multinational publicly-listed holding company and a part of Adani Group. It is headquartered in Ahmedabad, The flagship company is expected to replace Wipro Ltd. in the benchmark index Sensex 30 in the semi-annual rebalancing exercise of the BSE indices. What is Index Rebalancing? Index rebalancing involves an initial …
TVS Motor Company (TVSM), a global leader in the two- and three-wheeler industry, announced its official entry into the Italian market. This strategic expansion marks a significant step forward for TVSM, solidifying its position as a major player on the world stage. Offering Premium Mobility Solutions to Italian Consumers Italian consumers can now experience the …
Indian Energy Exchange (IEX) reported a robust financial performance for the quarter and financial year ended March 31, 2024. The Board of Directors approved the audited financial results, showcasing the company’s solid growth and strategic advancements. Financial Performance In Q4FY24, the company achieved a consolidated net profit of 966.9 million rupees, an increase from 883.4 …
