Maruti Suzuki, the prominent automaker in India, reported its Q1 FY24 earnings after the market closed on the last day of July 2023, that is, July 31. The company reported a standalone net profit of Rs 2,485 crore in the quarter ended June 2023. This represents a significant jump in net profit of 145% compared …
In morning trade, Nifty and Sensex showed slight gains, with Nifty trading higher by 0.1% and Sensex by 0.115%, respectively. However, in a minor setback, Sensex declined by 0.08% and Nifty by 0.09%. Today, L&T Construction’s Heavy Civil Infrastructure business vertical has achieved a significant milestone by securing multiple prestigious orders. One of these orders …
The shares of PNGS Gargi Fashion Jewellery experienced a sharp rise today. The stock opened at Rs 190, almost flat from the previous day’s closing price of Rs 189. During the intraday session, the stock surged by 20% with significant trading volume. Upon analysing today’s share volumes, it is evident that there has been a …
The COVID-19 pandemic, which emerged in late 2019 and escalated into a global crisis in 2020, has had an unprecedented impact on the world economy. As nations grappled with the rapid spread of the virus, implemented stringent lockdown measures, and experienced disruptions across sectors, the global financial landscape was profoundly affected. The Indian economy, one …
Indian markets are showing significant strength and looking bullish compared to foreign markets. Boarder Indices in NSE and BSE are trading at their all-time highs. Today, on the last trading session of the week the market witnessed some kind of profit booking. Nifty50 Index concluded the day at 19331.80 down by 165.50 points. Furthermore, the …
As the season of financial results is on, Linde India Limited has reported results for Q4FY23 and year ended on March 31, 2023. In comparison to the same quarter last year, the company’s net profit for the fourth quarter which ended on March 31, 2023, increased by 50.42% to Rs 99.25 crore from Rs 65.98 …
On Tuesday, the benchmark indices were trading flat with Sensex down around 28 points or 0.05% at 66,500 and the Nifty-50 down around 16 points or 0.09% at 19,739. About 2,070 shares have advanced, 1,209 declined, and 166 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …
Glenmark Pharmaceuticals has gained final FDA clearance for Saxagliptin Tablets, 2.5 mg and 5 mg, the generic equivalent of AstraZeneca AB’s Onglyza Tablets, 2.5 mg and 5 mg. Glenmark Pharmaceuticals in the USA will market Saxagliptin Tablets, 2.5 mg and 5 mg, in the United States. According to IQVIATM sales statistics for the 12-month period …
LIC Housing Finance Ltd. operates in the provision of loans for various purposes, including the purchase, construction, repairs, and renovation of houses to individuals, corporate bodies, builders, and cooperative housing societies. Additionally, it offers to finance existing properties for business and personal needs and extends loans to professionals for the purchase and construction of clinics, …
In June 2023, the Index of Eight Core Industries (ICI) recorded a substantial increase of 8.2%, marking its highest growth rate in five months. The “Eight Core Industries” comprises a total of eight sectors, as the name implies. These sectors are Crude oil, Coal, Natural Gas, Refinery products, Fertilizers, Steel, Cement, and Electricity. In June …
