Dabur India, a prominent Fast-Moving Consumer Goods (FMCG) company, experienced a significant 11% rise in its consolidated revenue in Q1 FY24, reaching Rs 3,130 crore, compared to Rs 2,822 crore in the same period of the previous year. During the quarter, the company’s operating profit experienced a remarkable 11.4% growth, amounting to Rs 605 crore, …
Today the D-street had a cautious start as both Sensex and Nifty traded marginally lower by 0.04% each. However, as the day unfolded, the market sentiment worsened, and the indices closed on a lower note with Sensex declining by 0.82% and Nifty falling by 0.74%. Navigating its way through the dampened market, the shares of …
The shares of Prakash Pipes Limited experienced a sharp rise today. The stock opened at Rs 194.25, which was 2.25% higher than the previous day’s closing price of Rs 189.95. During the intraday session, the stock surged by approximately 20% with significant trading volume. Upon analysing today’s share volumes, it is evident that there has …
Adani Group’s Ambuja Cements Ltd (ACL) has made headlines today by revealing its acquisition of Sanghi Industries Ltd (SIL) for an enterprise value of Rs 5,000 crore. The deal involves Ambuja Cement purchasing 56.74% of Sanghi Industries shares from its current promoter group, Ravi Sanghi & family. Moreover, the entire acquisition will be financed through …
The stock market consists of various participants who engage in buying and selling numerous shares. These participants can be categorized into retail investors, large investors, and institutional investors. Retail investors are typically smaller investors, while large investors are individuals with high net worth. A bulk deal is a type of transaction where a minimum of …
Indian benchmark indices experienced a sharp sell-off and extended losses during today’s trading session. The BSE Sensex plunged 0.82% to 65,240 level at the close. The Nifty 50 index tumbled 0.74% to a level of 19,381. BSE Metals was one of the worst-performing sectors, losing more than 1% primarily due to a steep decline in …
Sterling and Wilson Renewable Energy Limited (SWRE), a leading home-grown renewable EPC, announced that it has won orders worth Rs 826 crore in the first four months of FY 2023-24. The orders aggregate to around 1 GWp and include projects in Rajasthan, Uttar Pradesh and Gujarat. Scope of work for all projects include design, construction …
IndiGo airlines operating under the name of InterGlobe Aviation Ltd has reported its unaudited financial results yesterday after the market closer for the quarter that ended on June, 30 2023 or Q1FY24. Talking about the financials for Q1FY24 on a consolidated basis in comparison to the same quarter last year, the company’s net profit for …
The benchmark index S&P BSE 500 opened today at 26,671.57 and made its day high at 26,782.34 and it is trading almost flat, down by around 0.04%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than …
On Thursday, the benchmark indices were trading lower with Sensex down around 190 points or 0.29% at 65,592 and the Nifty-50 down around 47 points or 0.24% at 19,480. About 1,701 shares have advanced, 1,517 declined, and 167 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …
