Tamilnad Mercantile Bank Ltd (TMB), a leading private sector lender with a stronghold in southern India, reported a 15.3% year-on-year (YoY) increase in net profit for the quarter ended March 2025. Q4FY25 Performance The bank’s net profit rose to ₹291.9 crore, up from ₹253.1 crore in the corresponding quarter last year. Net interest income (NII), …
Muthoot Finance Limited’s Board of Directors has declared and approved an interim dividend of ₹26 per equity share for the financial year 2024-2025. On April 23, 2025, Muthoot Finance share price (NSE: MUTHOOTFIN) opened at ₹2,280.00 and closed at ₹2,194.00, down by 3.46%. The stock price touched its day’s low at ₹2,174.30. Muthoot Finance Interim Dividend …
The manufacturer of pharmaceutical products, Sanofi India Limited, has set April 25, 2025, as the record date for its interim dividend for FY25. On March 18, 2025, Sanofi India declared an interim dividend of ₹117. Sanofi India Record Date: What Does This Mean For Shareholders? As Sanofi India has set April 25 as the record date for …
Indian stock markets are likely to continue their upward trend for the seventh day in a row on Wednesday, supported by positive global signals and renewed interest from foreign investors. GIFT Nifty hints at a strong opening for domestic markets. However, by 7:00 AM, the early Nifty indicator had dropped 221 points (0.91%) to 24,390. …
Bajaj Housing Finance share price was up 0.48% and was trading at ₹1131.79 at 3.07 PM. The company is set to announce its results for the March 2025 quarter today, Wednesday, April 23. The company’s stock has already caught investor attention, rising by 8% over the past month. On Tuesday, it closed slightly higher at ₹131.34. High Street …
Nakoda Group of Industries Limited, a key player in India’s food processing sector with reputed clients like Britannia, Amul, and HUL, marked a significant shift in its financial trajectory in Q3FY25, showing improved profitability despite relatively flat revenues. Particulars Q3 FY25 (₹ Lakhs) Q3 FY24 (₹ Lakhs) Growth (%) Revenue from Operations 1,423.15 1,445.90 -1.58% …
On April 22, 2025, news surfaced on a media website claiming that IndusInd Bank had engaged Ernst & Young (EY) to conduct a forensic audit following a ₹600 crore discrepancy in its microfinance portfolio. The news prompted significant attention from market participants and regulatory bodies alike. However, IndusInd Bank was quick to issue a clarification …
Alpex Solar Limited (ASL) announced via a regulatory filing that it has received a significant purchase order from a leading manufacturer. Alpex Solar Limited disclosed to the stock exchanges that it has secured a substantial purchase order worth ₹380.52 crore from a reputed manufacturing company. Expanding Capabilities in Renewable Energy Alpex Solar Limited (ASL) forayed …
Lupin Diagnostics Limited (LDL), a wholly owned subsidiary of Lupin Limited, has marked a significant achievement by securing 100% NABL (National Accreditation Board for Testing and Calibration Laboratories) accreditation across all its greenfield labs. This move elevates Lupin Diagnostics to the ranks of India’s top fully accredited diagnostic chains. “This accreditation is a testament to …
PNC Infratech Limited, one of India’s leading infrastructure development companies, has added yet another milestone to its portfolio by emerging as the L1 (Lowest Bidder) in a significant road infrastructure project awarded by the Public Works Department (PWD), Rajasthan. The company has been entrusted with the responsibility of constructing a flyover from Heeradas Chouraha to …
