Power Mech Projects has reported results for the fourth quarter (Q4) and the year ended March 31, 2023. On a consolidated basis, the company has reported a 57.88% rise in its net profit at Rs 74.58 crore for the fourth quarter ended March 31, 2023, as compared to Rs 47.24 crore for the same quarter …
During Q1 2023 Total Gold supply was up by 1% from 1165.1 to 1174.4 tonnes. This was driven by strong mine production of 856 tones and higher recycling of 310 tonnes. Whereas Net Producer Hedging was declined by 69% from 25.9 to 8.1 tonnes but still higher than last 2 quarters. While Recycled Gold supply …
Shareholders, also known as stockholders or equity holders, are individuals, entities, or institutions that own shares or stocks in a company. When you own shares in a company, you become a partial owner or shareholder of that company. Being a shareholder comes with certain rights and responsibilities. Along with sharing in the overall financial success, …
Mahindra & Mahindra on a consolidated basis, the company has reported a 34.89% rise in its net profit at Rs 2,762.19 crore for the fourth quarter ended March 31, 2023, as compared to Rs 2.047.75 crore for the same quarter in the previous year. The net sales of the company increased by 24.80% to Rs …
Consumer durables, financials, and metals outperformed, while oil and gas and information technology stocks saw some selling. The S&P BSE Sensex rose 344.69 points, or 0.55%, to 62,846.38. The Nifty 50 gained 99.30 points, or 0.54%, to 18,598.65. The S&P BSE Mid-Cap index increased 0.41%, while the S&P BSE Small-Cap index increased 0.30%. The market …
All major indices closed higher, with sectors such as metal, FMCG, information technology, real estate, pharma, and PSU Bank each experiencing a one percent rise. Leading the gains on the Nifty index were Reliance Industries, Sun Pharma, Divis Labs, HUL, and Hindalco Industries. On the other hand ONGC, Grasim Industries, Bajaj Auto, Bharti Airtel, and …
Following a strong recovery in the previous trading session, the Nifty experienced robust buying activity, resulting in a closing gain of 178.20 points at the level of 18,499.35. Similarly, the S&P BSE Sensex surged by approximately 208 points and concluded at the level of 62,501.69. The Nifty Midcap 100 and Nifty Smallcap 100 also ended …
In the exhilarating conclusion of the week’s trading session, Nifty kicked off with a bang, soaring to new heights and closing at an impressive level of 18,499.35. The market witnessed a resounding breakthrough of the continuation pattern, igniting a wave of excitement among traders and investors alike. Amidst this prevailing bullish atmosphere, where various sectors …
On a consolidated basis, the company has reported over 5-fold jump in its net profit at Rs 699.10 crore for fourth quarter ended March 31, 2023 as compared to Rs 130.04 crore for the same quarter in the previous year. Total income of the company increased by 30.16% at Rs 22,551.94 crore for Q4FY23, as …
The Friday session is unfolding as a truly remarkable one for the domestic benchmark indices, as both the Nifty and Sensex experience an impressive surge of nearly 1%. What makes this even more intriguing is the simultaneous drop of nearly 5% in the India VIX, also known as the fear index. This decline signifies a …
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