IIFL group stocks such as 360 One WAM, IIFL Finance and IIFL Securities plunged up to 5 per cent in Monday’s initial trade, but soon recouped losses. Here are the key levels to track.
Posts in category Business Standard
Bajaj Consumer Care drops after Q1 PAT slides 20% YoY to Rs 37 cr (12-08-2024)
Bajaj Consumer Care fell 1.01% to Rs 269.25 after the company’s consolidated net profit declined 19.69% to Rs 37.12 crore in Q1 FY25 as compared with Rs 46.22 crore in Q1 FY24.
Adani Group refutes latest allegations by Hindenburg (12-08-2024)
The Adani Group has issued a statement titled Hindenburg Report – A Red Herring which is detailed under:
Morepen Labs soars after stellar Q1 performance (12-08-2024)
Morepen Laboratories jumped 4.70% to Rs 60.86 after the company reported a consolidated net profit of Rs 36.17 crore in Q1 FY25, which is a rise of 147% as compared with the PAT of Rs 14.63 crore in Q1 FY24.
Adani vs Hindenburg row: As Sebi chief accused, here’s all you need to know (12-08-2024)
Hindenburg Research was founded in 2017 by Nathan Anderson
Jubilant FoodWorks surges 8%, hits over 2-year high post Q1 results (12-08-2024)
Secular trends of young population, rising urbanisation, growing affluence, accelerated shifts towards digitalisation and shift in favor of the organized sector
Cong urges SC to transfer Adani probe to CBI or SIT, cites Sebi concerns (12-08-2024)
Stepping up its attack on the PM Narendra Modi government over the Hindenburg Research’s allegations against SEBI chairperson Madhabi Buch, the Congress on Monday threatened to launch a nationwide protest if its demand for a JPC (Joint Parliamentary Committee) probe into the matter is not accepted.
AICC general secretary (Organisation), K C Venugopal, described the allegations as “very serious” and accused the Prime Minister of supporting Adani on the matter.
“The Prime Minister’s silence on the matter amounts to a destruction of credibility,” Venugopal told reporters at the airport here.
He accused the union government of trying to divert people’s attention from the matter by using the Enforcement Directorate against Rahul Gandhi, the Leader of the Opposition in the Lok Sabha.
“Don’t try to threaten Rahul Gandhi with an ED notice. We will strongly oppose such diversionary tactics,” the Alappuzha MP said.
Venugopal said that “this is the most serious issue in the country” and warn
Mid-market update: Sensex, Nifty pare early losses amid Hindenburg-Sebi row (12-08-2024)
Benchmarks pared initial losses after starting lower on Monday following new allegations by US-based short-seller Hindenburg Research
Shipping Corporation of India Ltd leads gainers in ‘A’ group (12-08-2024)
Rail Vikas Nigam Ltd, Voltas Ltd, Amara Raja Energy & Mobility Ltd and Star Cement Ltd are among the other gainers in the BSE’s ‘A’ group today, 12 August 2024.
Transgene Biotek reports consolidated net profit of Rs 0.20 crore in the June 2024 quarter (12-08-2024)
Sales decline 50.00% to Rs 0.05 crore