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InterGlobe Aviation Q1 Results: Stunning 390% YoY Profit Growth

InterGlobe Aviation Q1 Results: Stunning 390% YoY Profit Growth

3 August 2023

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 …

These 3 stocks from BSE 500 jumped over 6% today; do you own any?

These 3 stocks from BSE 500 jumped over 6% today; do you own any?

3 August 2023

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 …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 3 August 2023

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 3 August 2023

3 August 2023

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 …

Cholamandalam Investment declares Q1FY24 results, PAT rises 26% YoY

Cholamandalam Investment declares Q1FY24 results, PAT rises 26% YoY

2 August 2023

Cholamandalam Investment and Finance Company Ltd reported unaudited financial results for the quarter that ended in June 2023 or Q1FY24 on July 29, 2023. The company also reported it has plans to raise a total of Rs 38,000 crores through the issuance of secured/unsecured redeemable non-convertible debentures on a private placement basis. Additionally, they intend …

XPRO India Ltd: The only Indian manufacturer of Capacitor or Dielectric Films in India

XPRO India Ltd: The only Indian manufacturer of Capacitor or Dielectric Films in India

2 August 2023

XPRO India Limited is a company in India that is engaged in the business of polymer processing. Its Biax Division manufactures a range of coextruded biaxially oriented polypropylene (BOPP) films and dielectric films on the automated production lines, which uses in various food packaging, cigarette overwraps, and adhesive tapes.  In the Coex Division, they produce …

Shares of MPS Ltd lock at 20% upper circuit in a weak market; here’s why!

Shares of MPS Ltd lock at 20% upper circuit in a weak market; here’s why!

2 August 2023

The Indian headline indices suffered a bloodbath in today’s trading session, plunging around 1% as a result of weak global cues. While all sectoral indices were trading down, the metals, power and utilities sectors suffered the most. Broader indices underperformed the main indices.  Shares of MPS Ltd, the top BSE Smallcap gainer, were locked at …

Supriya Lifescience Partners with US-based Plasma Nutrition; Stock Surges 7%

Supriya Lifescience Partners with US-based Plasma Nutrition; Stock Surges 7%

2 August 2023

On Wednesday, the shares of Supriya Lifescience closed at Rs 274.85, up by 6.16% from its previous closing of Rs 258.90 on the BSE.  Supriya Lifescience has collaborated with Plasma Nutrition, Inc, a renowned United States-based company known for innovative consumer products located at Delaware. The strategic partnership involves an exclusive technology licensing agreement, granting …

Tax Considerations for Jio Financial Services Shareholders: Key Details

Tax Considerations for Jio Financial Services Shareholders: Key Details

2 August 2023

Reliance Industries, India’s largest company in terms of market capitalization, recently demerged its financial arm, Jio Financial Services, last month.  A demerger involves separating a portion of a company, and in this case, with Jio Financial Services, shareholders of Reliance Industries Ltd are receiving a stake in the demerged entity at a 1:1 ratio, meaning …

Penny stocks to watch out for tomorrow, August 3, 2023

Penny stocks to watch out for tomorrow, August 3, 2023

2 August 2023

Sensex and Nifty concluded the session with declines of 1.02% and 1.05% respectively. Nifty Midcap recorded a decrease of 1.33%, while Nifty Smallcap experienced a decline of 1.58%. All major sectors showed negative trends, with Nifty Auto, Nifty PSU Bank, and Nifty Metal being the top losers.  In contrast, Divi’s Laboratories, Hindustan Unilever, and Nestle …

These 3 stocks from BSE 500 jumped over 4% today, 2 August 2023

These 3 stocks from BSE 500 jumped over 4% today, 2 August 2023

2 August 2023

The benchmark index S&P BSE 500 opened today at 26,961.27 and made its day high at 26,991.50 and it is trading in red, down by more than 1%                     From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 4% …

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