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Tata Steel Strengthened Operational Capabilities: Record Production in FY2024

Tata Steel Strengthened Operational Capabilities: Record Production in FY2024

8 April 2024

Tata Steel Limited recently released its production and delivery volumes for the quarter (Q4 FY2024) and year (FY2024) ended March 31, 2024. The company stated in the exchange filing that Tata Steel India recorded the ever-annual crude steel production of ~20.8 million tons, with a growth of 4% YoY during FY2024. This was supported by …

Gland Pharma Zoomed Over 3% After Receiving USFDA Approval

Gland Pharma Zoomed Over 3% After Receiving USFDA Approval

8 April 2024

Gland Pharma Limited, a leading manufacturer of generic injectable medications, has secured a significant win with the approval of Eribulin Mesylate Injection by the US Food and Drug Administration (USFDA). This milestone marks the first generic version of this vital treatment to reach the US market, positioning Gland Pharma to capitalise on a substantial opportunity. …

Voltas Registered 72% Volume Growth in AC Sales During Q2 FY2024

Voltas Registered 72% Volume Growth in AC Sales During Q2 FY2024

8 April 2024

Voltas Ltd, a part of Tata Group and India’s No.1 AC brand, has achieved a significant milestone with its highest-ever AC sales at the end of March 31, 2024 (FY 2024). During FY 2023-2024, Volatas Limited recorded sales of over 2 million AC units, which proved to be the highest-ever sale of ACs by any …

Market Movers: Here are today’s high-volume buzzers!

Market Movers: Here are today’s high-volume buzzers!

8 April 2024

The Indian benchmark indices kicked off the week with notable optimism, surging to new record highs on the bourses. The rally was propelled by significant gains in the energy, auto, consumer durables, and telecommunications sectors. At 10:20 am, the BSE Sensex surged 0.50% reaching a level of 74,625. The Nifty 50 index climbed 0.47% to …

Upper Circuit Stocks Today – 08 April, 2024

Upper Circuit Stocks Today – 08 April, 2024

8 April 2024

On Monday, the benchmark indices were trading in the green with the Sensex up around 357 points or 0.48% at 74,606, while the Nifty-50 was up around 93 points or 0.41% at 22,606. About 1,936 shares have advanced; 1,205 declined and 148 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

Nykaa Witnessed Growth Across All Its Businesses: Expects Higher Business Momentum

Nykaa Witnessed Growth Across All Its Businesses: Expects Higher Business Momentum

8 April 2024

The consumer tech company Nykaa or FSN E-Commerce Ventures Limited recently released a quarterly update for the quarter ended March 31, 2024. During the quarter, the company witnessed strong GMV growth of the early thirties at a consolidated level on a YoY basis. The company continues to generate long-term beauty consumption growth in India. During …

RBI Imposes Penalties on LIC Housing Finance and IDFC First Bank for Regulatory Non-Compliance

RBI Imposes Penalties on LIC Housing Finance and IDFC First Bank for Regulatory Non-Compliance

8 April 2024

In recent developments, the Reserve Bank of India (RBI) has flexed its regulatory muscles, imposing penalties on LIC Housing Finance Limited and IDFC First Bank Limited for failing to adhere to specific directives laid out by the central bank. LIC Housing Finance Penalized for Non-Compliance LIC Housing Finance Limited finds itself on the receiving end …

D-Mart Witnessed Growth in Revenue During Q4 FY2024

D-Mart Witnessed Growth in Revenue During Q4 FY2024

4 April 2024

Avenue Supermarts Limited, the parent company of the popular DMart chain of supermarkets, released positive results for the quarter ending March 31, 2024, in a recent exchange filing. The company’s standalone revenue from operations witnessed a significant jump of nearly 20% year-on-year, reaching ₹12,393.46 crore. This impressive growth comes on the back of a ₹10,337.12 …

These 3 stocks from BSE 500 jumped over 8% today; do you own any?

These 3 stocks from BSE 500 jumped over 8% today; do you own any?

4 April 2024

The benchmark index S&P BSE 500 opened today at 32,810.54 and made its day high at 32,832.40, and it is trading in red today, down by around 0.10%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 8% today. Elgi Equipment Ltd Shares …

Upper Circuit Stocks Today – 04 April, 2024

Upper Circuit Stocks Today – 04 April, 2024

4 April 2024

On Thursday, the benchmark indices were trading in the red with the Sensex down around 225 points or 0.30% at 73,612, while the Nifty-50 was down around 83 points or 0.40% at 22,343. About 2,110 shares have advanced; 1,463 declined and 139 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

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