Posts in category Business Standard
Bank credit up nearly 20% on year (19-04-2024)
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Elecon Engg hits record high on strong Q4 outcome, board OKs 1:2 stock split (19-04-2024)
Elecon Engineering Company soared 11.69% to Rs 1185.80 after the company's consolidated net profit surged 52.56% to Rs 103.65 crore on 33% rise in revenue from operations to Rs 564.62 crore in Q4 FY24 over Q4 FY23.
British Pound Holds Above $1.24 Mark; UK Retail Sales Stagnates In March (19-04-2024)
The British pound sees a minor uptick from a 5-month low against the dollar on Friday even as risk off sentiments could drag the unit further down. Persistent Middle East tensions could drag the greenback higher which could add pressure on the Britain currency. The dollar index is pulling back slightly below 106 mark during intraday moves today, supporting gains in pound. Currently, GBPUSD is quoting at $1.2449, up 0.08% on the day and holding above the crucial $1.24 mark. Meanwhile, data from the UK docket showed retail sales were unchanged in March compared with the previous month, less than the 0.3% increase forecast. In February, Retail Sales grew by a meager 0.1%. On an annual basis, Retail Sales grew sharply by 0.8% after contracting by 0.3% in February. This stagnation in retail sales indicates that central banks high interest rates have significantly impacted consumer spending. Meanwhile, Federal Reserve future course of action is likely to guide the currency pairs going ...
Jubilant Pharmova Ltd leads losers in ‘A’ group (19-04-2024)
Tata Communications Ltd, Ion Exchange (India) Ltd, CRISIL Ltd and Neuland Laboratories Ltd are among the other losers in the BSE's 'A' group today, 19 April 2024.
Board of Premier Explosives approves fund raising up to Rs 400 cr (19-04-2024)
At meeting held on 19 April 2024
Anmol India Ltd leads losers in ‘B’ group (19-04-2024)
Suratwwala Business Group Ltd, Parshva Enterprises Ltd, Sharda Motor Industries Ltd and Rajdarshan Industries Ltd are among the other losers in the BSE's 'B' group today, 19 April 2024.
Volumes soar at TVS Supply Chain Solutions Ltd counter (19-04-2024)
TVS Supply Chain Solutions Ltd clocked volume of 113.41 lakh shares by 14:14 IST on NSE, a 9.63 times surge over two-week average daily volume of 11.77 lakh shares
How Bitcoin’s ‘halving’ can burnish its value as a scarce commodity (19-04-2024)
The halving comes after bitcoin hit an all-time high of $73,803.25 in March
Real Estate stocks slide (19-04-2024)
Real Estate stocks were trading with losses, with the S&P BSE Realty Index index decreasing 77.59 points or 1.06% at 7258.99 at 13:41 IST.
Auto stocks edge lower (19-04-2024)
Auto stocks were trading in red, with the S&P BSE Auto index decreasing 327.11 points or 0.67% at 48614.85 at 13:41 IST.