Buy or sell stocks: Following strong global market sentiments, the Indian stock market snapped a five-day losing streak on Friday. The Nifty 50 index finished 428 points higher after climbing to a new peak of 24,861. The BSE Sensex skyrocketed 1,292 points and closed at 81,332, whereas the Bank Nifty index ended 407 points higher …
Key Q4 Results Live Updates: With the likes of Maruti Suzuki, Wipro, Bajaj Finserv Infosys, TCS, HCL Technologies, HDFC Bank, Shriram Finance, Jio Financial, Reliance Industries, Tata Consumer Products, HUL, Axis Bank, Vedanta, Tech Mahindra, Bajaj Finance having already released their earnings for the quarter ended March 31, 2024, the Q4 earnings season is now …
FB Ind: Net Profit at Rs 17.5 cr vs loss Rs 1.14 cr, Revenue at Rs 1161 cr vs Rs 999 cr (YoY) Shakti Pumps: Net Profit at Rs 45.2 cr vs Rs 11.2 cr, Revenue at Rs 496 cr vs Rs 314 cr (YoY) Dodla Dairy: Net Profit at Rs 41.3 cr vs Rs …
Coal India Ltd reported a better-than-expected Q2 results, thanks to higher-than-expected coal prices and lower-than-expected employee cost. Analysts noted that power demand usually peaks in May due to summer heat waves but a drier monsoon and high economic activity this year kept the demand elevated for Coal India, which is a seasonally weak quarter. Considering …
Coal India share price extended rally to hit a fresh 52-week high on Monday after the company’s better-than-estimated earnings for the quarter ended September 2023 cheered analysts. Coal India shares gained as much as 4.76% to a high of ₹347.50 apiece on the BSE after certain brokerages raised target price on the stock. The world’s …
The Nifty50 PSU stock closed 5 percent higher at Rs 349 and reached its 52-week high of Rs 350 during the day. This came after it announced its Q2 results along with dividends and got upgrades from multiple brokers. Fuelled by increased sales and improved joint venture profits, the net profit rose 12.7 percent year …
India’s largest mining company Coal India Ltd. gained over 4 per cent after Jefferies India and a host of other brokerages upgraded the stock and raised their target prices on the back of better-than-expected September quarter earnings by the state-run miner. Analysts noted that power demand usually peaks in May due to summer heat waves …
Samvat 2079 came to an end on Friday which left India’s investors richer by ₹44 lakh crore. The combined market cap of all BSE-listed companies stood at ₹320 lakh crore at the end of Friday, compared to ₹276 lakh crore at the start of the Samvat on October 24 last year. The Nifty 50 index …