Bharti Airtel reported a 31% decline in consolidated net profit for Q4FY24, amounting to Rs 2,072 crore, compared to Rs 3,006 crore the previous year, missing market expectations of Rs 3,274 crore. Despite the profit drop, revenue from operations rose 4% year-on-year to Rs 37,599 crore from Rs 36,009 crore. The Board proposed a final …
Siemens Ltd. is a flagship listed company of Siemens Aktiengesellschaft in India with a market capitalization of more than Rs.2 Lakh crores. Siemens Ltd has reported its Q4 FY 2023-24 results today after market hours, The company has recorded a 70.1% year-on-year surge in its net profits. Q4 Performance of Siemens Ltd. During the March …
On Tuesday, the main stock market indices ended the trading day on a high note. The Sensex rose moderately by 0.45% to close at 73,104.61 points, while the Nifty gained 0.51% to close at 22,217.85 points. The Nifty Metal, Nifty Auto, and Nifty Energy sectors closed with gains, while Nifty FMCG and Nifty Pharma sectors …
During Tuesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. NHPC Ltd NHPC Ltd stock price rose to Rs 98.8, marking a 5.39% increase from the previous close of Rs 93.75. Traded volume stood at 105,222,356 shares. The company’s 1-year returns indicate a …
Expanding Capacities and Global Presence India’s leading stainless steel manufacturer, Jindal Stainless, has been a stalwart in the industry, boasting an annual turnover of Rs 35,700 crore (USD 4.30 billion) in FY23. With a robust infrastructure in place, the company is steadfastly ramping up its facilities to achieve a remarkable 4.2 million tonnes of annual …
Amidst weakness in Asian markets, domestic indices started the trading session flat today, while broader indices significantly outperformed the main indices. With 2,341 shares rising on the BSE and 1,034 shares declining, the advance-decline ratio strongly remained in favour of advances. Gains were led by the metals, power, utilities and telecommunications sectors, whereas the FMCG …
On Tuesday, the benchmark indices were trading in the green with the Sensex up around 25 points or 0.04% at 72,795, while the Nifty-50 was up around 12 points or 0.06% at 22,115. About 2,290 shares have advanced; 1,066 declined and 164 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
ABB is a leading Switzerland-based global technology company with a market valuation of $98.9 Billion, Its Indian arm ABB India Ltd. has surged market valuation of $20 Billion and has now become 1/5th the size of its parent company, after the stock of ABB India Ltd. have hit record highs this week as the company …
Navigating the Indian Market: A Brief Overview In the realm of Indian financial markets, each session unfurls a narrative shaped by various economic indicators, investor sentiment, and global cues. The recent session dawned with a positive hue, buoyed by a slight easing in April’s Consumer Price Index (CPI) inflation to 4.83%, down marginally from 4.85% …
L&T Technology Services Limited (LTTS), a leading player in the global digital engineering and R&D services landscape, has secured a prestigious accolade. Information Services Group (ISG), a renowned global technology research and advisory firm, has named LTTS a Top 15 Sourcing Standout in its 1Q 2024 Global ISG Index™. This recognition signifies LTTS’ exceptional performance …
