On May 14, 2024, the Nifty 50 rose 0.51% and closed at 22,217, and the Sensex was up 0.45%, closing at 73,104. Top Gainers and Losers On the sectoral front, Nifty Metal, Nifty Auto, Nifty Oil and Gas, and Nifty PSU Bank ended in the green. Meanwhile, Nifty FMCG, Nifty Pharma, and Nifty Healthcare Index …
Bharti Airtel reported a 31% decline in consolidated net profit for Q4FY24, amounting to Rs 2,072 crore, compared to Rs 3,006 crore the previous year, missing market expectations of Rs 3,274 crore. Despite the profit drop, revenue from operations rose 4% year-on-year to Rs 37,599 crore from Rs 36,009 crore. The Board proposed a final …
Siemens Ltd. is a flagship listed company of Siemens Aktiengesellschaft in India with a market capitalization of more than Rs.2 Lakh crores. Siemens Ltd has reported its Q4 FY 2023-24 results today after market hours, The company has recorded a 70.1% year-on-year surge in its net profits. Q4 Performance of Siemens Ltd. During the March …
On Tuesday, the main stock market indices ended the trading day on a high note. The Sensex rose moderately by 0.45% to close at 73,104.61 points, while the Nifty gained 0.51% to close at 22,217.85 points. The Nifty Metal, Nifty Auto, and Nifty Energy sectors closed with gains, while Nifty FMCG and Nifty Pharma sectors …
On May 14, 2024, Sterlite Technologies Limited, one of the leading optical and digital solutions companies, entered into a strategic partnership with one of the top telecom companies in the UAE, du, from Emirates Integrated Telecommunications Company (EITC). The partnership signed for advanced optical fibre cables indicates Du’s commitment to the fast expansion of fibre-dense …
During Tuesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. NHPC Ltd NHPC Ltd stock price rose to Rs 98.8, marking a 5.39% increase from the previous close of Rs 93.75. Traded volume stood at 105,222,356 shares. The company’s 1-year returns indicate a …
Expanding Capacities and Global Presence India’s leading stainless steel manufacturer, Jindal Stainless, has been a stalwart in the industry, boasting an annual turnover of Rs 35,700 crore (USD 4.30 billion) in FY23. With a robust infrastructure in place, the company is steadfastly ramping up its facilities to achieve a remarkable 4.2 million tonnes of annual …
Coromandel International Limited, a leading provider of agri-solutions in India, announced a strategic move to expand its footprint in the burgeoning agri-tech sector. Through its wholly-owned subsidiary, Coromandel Technology Limited (CTL), Coromandel has acquired a significant stake in Dhaksha Unmanned Systems Private Limited (Dhaksha). Deepening Commitment to Agri-tech Innovation The acquisition involves a 7% stake …
Cairn Oil & Gas, a subsidiary of Vedanta Ltd. and India’s largest private oil and gas exploration and production company, announced impressive growth in its resource portfolio on May 13, 2024. Expanding Reserves and Resources Year-on-Year Growth: Cairn’s Reserves and Resources (R&R) portfolio has witnessed a substantial 19% year-on-year increase, reaching 1.4 Bnboe (billion barrels …
Amidst weakness in Asian markets, domestic indices started the trading session flat today, while broader indices significantly outperformed the main indices. With 2,341 shares rising on the BSE and 1,034 shares declining, the advance-decline ratio strongly remained in favour of advances. Gains were led by the metals, power, utilities and telecommunications sectors, whereas the FMCG …
