Posts in category Business Standard
Quick Wrap: Nifty Realty Index gains 2.58% (23-04-2024)
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NBCC rallies as new orders zoom 250% YoY in FY24 (23-04-2024)
NBCC (India) soared 7.78% to Rs 134.40 after the civil construction firm announced that it has secured record new works of Rs 23,500 crore on consolidated basis and Rs 18,400 crore on standalone basis during FY 23-24.
Euro’s Recovery Attempt From Over 5-Month Low Wanes As Eurozone Manufacturing PMI Worsens (23-04-2024)
The Euro is steadying at an over five-month low against the dollar on Tuesday as dollar index continues to hover around 106 mark, making it difficult for the single common currency to bounce back. US benchmark treasury yields are also staying elevated at 4.6% tracking hawkish comments from Fed officials amid concerns over inflation. EURUSD pair is currently quoting at $1.0681, almost flat for the day. The pair attempted to pick up fresh bids above $1.07 mark in immediate reaction to mixed German PMI data but lost momentum after Eurozone manufacturing PMI contracted further in April. The Eurozone Manufacturing Purchasing Managers Index (PMI) came in at 45.6 in April, down from the 46.1 reading in March, lower than the market consensus of 46.5. The index slipped to a four-month low. The blocs Services PMI rose to 52.9 in April from 51.5 in March, hitting a fresh eleven-month high. Meanwhile, German Manufacturing PMI rose to 42.2 this month, compared with the 42.8 estimate and Marchs ...
Mahindra EPC Irrigation consolidated net profit declines 45.62% in the March 2024 quarter (23-04-2024)
Sales rise 0.30% to Rs 71.17 crore
Australia Market extends gain (23-04-2024)
At closing bell, the benchmark S&P/ASX200 index advanced by 34.35 points, or 0.45%, to 7,683.51. The broader All Ordinaries index added 35.92 points, or 0.45%, to 7,937.94.
Artson Engineering hits the roof after reporting turnaround Q4 numbers (23-04-2024)
Artson Engineering hit an upper circuit of 5% at Rs 157.25 after the company reported consolidated net profit of Rs 1.31 crore in Q4 FY24 as compared with net loss of Rs 9.96 crore posted in corresponding quarter last year.
Aarti Drugs Baddi facility gets 5 USFDA observations (23-04-2024)
The drug maker said that the US drug regulator has issued Form 483, with five observations after inspecting its subsidiary's formulations (oncology) manufacturing facility at Baddi, Himachal Pradesh.
HUL Q4 results preview: Here’s what brokerage expect from the FMCG giant (23-04-2024)
According to analysts, the company's revenue and profit for the quarter under review may remain little changed as demand trends remain muted
Mastek jumps on major Saudi contract (23-04-2024)
Mastek rose 2.39% to Rs 2713.60 after the company secured a major contract from Yanbu Cement Company (YCC), a prominent cement producer in Saudi Arabia.
Tata Power arm inks pact with Indian Bank (23-04-2024)
Tata Power Solar Systems (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy (TPREL), announced its strategic partnership with Indian Bank, to bolster the adoption of solar rooftop among residential consumers.