Interglobe Aviation: Interglobe Enterprises, a promoter entity of Rahul Bhatia, is planning to sell a stake worth $394 million in Indigo Airlines’ parent company, Interglobe Aviation, via a block deal. The entity currently holds a 37.75% stake in Interglobe Aviation. The proposed sale, which marks the first time in many years that Bhatia is looking …
1 / 17 MPhasis: BCP Topco IX Pte likely to sell 10.6% in Mphasis via block deals. Base price is fixed at ₹2,350 per share. Base size of the block is 10.6% with an option to upsize to 15.1%. At the upsized option, the deal will be valued at ₹6,697 crore. There will be a …
Lumax Tech: Net profit at Rs 51.0 cr vs Rs 24.0 cr, Revenue at Rs 757 cr vs Rs 493 cr. (YoY) Natco Pharma: Net profit at Rs 386 cr vs Rs 276 cr, Revenue at Rs 1068 cr vs Rs 898 cr. (YoY) Sumitomo Chem: Net Profit at Rs 110 cr vs Rs 55 …
As the earnings season approaches, investors eagerly await the unveiling of fourth-quarter results are set to be announced next week. Analysts anticipate insights into companies’ financial performance, expecting significant market reactions based on revenue, profit, and strategic outlooks. The outcomes will likely influence market sentiments and investment decisions in the upcoming period. Here is the …
Dividends represent a portion of a company’s profits distributed to its shareholders as a reward for their investment. These regular payments provide investors with a steady income stream and signal a company’s financial health and stability. Understanding dividend policies and trends is crucial for investors seeking income and long-term wealth accumulation. Here are the five …
18 May 2024, 12:34 PM IST Market Special Session Close: Sensex and Nifty 50 end higher on Saturday; Nestle, Power Grid, Asian Paints, Zydus and Zee were among the top gainers Domestic equity benchmark indices Sensex and Nifty 50 ended higher on Saturday amid largely positive global cues. In the first half of a special …
Top 3 price-volume breakout stocks On Friday, Benchmark indices concluded the last trading day of the week on a negative note as Sensex substantially declined by 0.98 per cent and closed at 73,878.15 level, while …
As the earnings season approaches, investors eagerly await the unveiling of fourth-quarter results are set to be announced next week. Analysts anticipate insights into companies’ financial performance, expecting significant market reactions based on revenue, profit, and strategic outlooks. The outcomes will likely influence market sentiments and investment decisions in the upcoming period. Here is the …
The Benchmark Indices closed in the red on Friday, with the Sensex experiencing a loss of 732.96 points or 0.98 percent, ending the week at 73,878.15, and the Nifty 50 index down by 0.76 percent or 172.35 points, to close at 22,475.85. The Nifty 50 index fell by 0.57 percent over the previous five trading …
UltraTech Cement: The company announced on Monday that its consolidated profit after tax for Q4FY24 surged by 36% YoY to ₹2,258 crore. This exceeded expectations, driven by a reduction in fuel costs and a double-digit increase in volume. In Q4FY23, the company had posted a net profit of ₹1,666 crore. The consolidated revenue from operations …