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 …
On the, market capitalisation of the Adani Group, led by billionaire Gautam Adani, witnessed a significant increase of Rs 50,452 crore. The combined market capitalisation of the group’s 10 companies reached approximately Rs 10.6 lakh crore, compared to Rs 10.1 lakh crore on Monday, as stated by the group. This surge resulted in a substantial …
At 2 pm, the shares of Bharat Heavy Electricals were trading at Rs 101.10, up by 3.43% from its previous closing of Rs 97.75 on the BSE. Bharat Heavy Electricals (BHEL) has achieved a major milestone with the successful synchronisation of the 660 MW Unit-2 of the 1,320 MW Maitree Super Thermal Power Project (STPP) …
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 …
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 …
Today, KPIT Technologies declared its result for the first quarter ended on June 2023. KPIT is a global technology company with software solutions that will help mobility leapfrog towards an autonomous, clean, smart and connected future. With 10000+ Automobelievers across the globe, specializing in embedded software, AI & Digital solutions, KPIT enables customers to accelerate …
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 …
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