JK Paper reported a 12.71% increase in net profit for the quarter ended June 30, 2023, to Rs 230.87 crore, up from Rs 204.84 crore in the previous year. However, the company’s total income fell by 1.96% to Rs 1,424.39 crore in Q1FY24, compared to Rs 1,452.83 crore in the previous year’s same quarter. On …
On Tuesday, the benchmark indices were trading flat with Sensex up around 10 points or 0.01% at 66,380 and the Nifty-50 up around 4 points or 0.016% at 19,680. About 1,985 shares have advanced, 1,176 declined, and 159 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …
As India ramps up efforts to revolutionize the global manufacturing and supply chain landscape, the Mahindra Group is poised to help American companies enhance their international footprint and expand by leveraging the advantages of India as a manufacturing hub. The Mahindra Group will support interested companies in setting up their manufacturing base in India in …
Business Overview International Conveyors Limited (ICL) specialises in manufacturing and promoting fire retardant, anti-static conveyor belting made from solid woven fabric and reinforced with polyvinyl chloride (PVC) impregnation and covering. It operates in three primary business segments that are Conveyor Belting, Wind Energy, and Trading Goods. The Conveyor Belting segment focuses on producing and selling …
ICICI 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 44.03% to Rs 10636.12 crore from Rs …
EXHICON Group has emerged as the sole organization in Asia offering a comprehensive range of products and services for the Trade Fairs and Events Sector. Its diverse portfolio spans from Media to Integrated Marketing Solutions, Temporary to Permanent Event Infrastructure, and Management to Organizing. Over the years, the Group has successfully diversified into various sectors, …
ITC on Monday said that its board has approved the demerger of its hotels business. During its meeting, the Board of Directors thoroughly assessed and deliberated on different potential arrangements for the Hotels Business. After careful consideration, the Board granted its preliminary approval for the demerger of the Hotels Business through a scheme of arrangement. …
For the fourth quarter that ended in March, standalone net profit increased by 30% year over year to Rs 279 crore. In the same period the previous year, the company reported a net profit of Rs 214 crore. For the March quarter, operating revenue increased 40% year over year to Rs 965 crore. In the …
Two extreme situations can happen in the stock market. When the market is influenced by excessive optimism or pessimism, market regulators impose circuits as a measure to regulate the market. Many new traders watch in exasperation when the market hits the circuit and trading halts, not knowing the fate of their investment. If you are …
On Friday, the benchmark indices were trading lower with Sensex down around 726 points or 1.08% at 66,846 and the Nifty-50 down around 199 points or 1% at 19,781. About 1,519 shares have advanced, 1,612 declined, and 141 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …
