PNB Bank Ltd reported unaudited robust financial results for the quarter that ended on June 2023 or Q1FY24. Talking about the financials for Q1FY24 in comparison to the same quarter last year, the bank’s net profit for the first quarter which ended on June 30, 2023, increased by 297.71% to Rs 1210.82 crore from Rs …
The Indian automotive sector has witnessed remarkable expansion, leading to an increased requirement for top-notch tyres over the last decade. Consequently, the Indian market now boasts a plethora of tyre companies, each providing an extensive array of products to meet the varied demands of consumers. Like selecting the appropriate tyre for your vehicle to ensure …
On Wednesday, the benchmark indices were trading higher with Sensex up around 509 points or 0.77% at 66,864 and the Nifty-50 up around 130 points or 0.66% at 19,811. About 2,029 shares have advanced, 1,184 declined, and 171 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …
On Tuesday, UTI Asset Management Company announced that its profit after tax (PAT) more than doubled to Rs 234 crore in the fiscal year 2024’s June quarter. In the same quarter last year, the firm earned Rs 92 crore in profit. According to UTI AMC, the company’s overall revenue from operations increased by 60% to …
Larsen and Toubro Ltd (L&T), a renowned construction and engineering company, announced its decision to conduct a buyback offer for the first time in its illustrious eight-decade history on Tuesday. The buyback plan aims to repurchase shares valued at up to Rs 10,000 crore from the company’s public shareholders. The company considering a buyback offer …
ADR stands for American Depositary Receipt. It is a financial instrument that represents shares of a foreign company’s stock and trades on a U.S. stock exchange. ADRs are denominated in U.S. dollars and offer U.S. investors an easy way to invest in foreign companies without the need to directly buy shares on foreign stock exchanges. …
Tata Motors released its financial results for the first quarter of FY24 today. During Q1 FY24, the company experienced a significant boost in revenue from operations, witnessing a YoY increase of 42.5%, rising from Rs 71,227.76 Crore to Rs 101,528.49 Crore. When compared sequentially, the company’s revenue showed a decline of 3.32%, going from Rs …
Torrent Power Ltd announced the launch of public EV charging stations in Ahmedabad according to the latest exchange filing on Monday. In July 2023, in Ahmedabad, Gujarat Torrent Power Ltd, ventured into the Electric Mobility Infrastructure Sector. They have successfully established an initial set of 4 EV charging stations in Ahmedabad, with plans to launch …
Sensex closed with a marginal decrease of 0.04%, while Nifty closed slightly higher by 0.04%. Nifty Midcap recorded a gain of 0.39%, while Nifty Smallcap declined by 0.11%. Among the top gainers were Nifty Metal, Nifty Media, and Nifty Energy, while Nifty FMCG, Nifty Realty, and Nifty PSU Bank were among the top losers. Hindalco, …
On Tuesday, the shares of ITCONS E-Solutions Limited soared 4.63%. the 52-week high and low are Rs 52.75 per share and Rs 33.01 per share, respectively on BSE. The company’s current market capitalisation is Rs 22.73 crore. On July 24, 2023, the company entered into a 3-year agreement with Affine Analytics Private Limited (“Affine”) to …
