Sales rise 27.32% to Rs 510.13 crore
Posts in category Business Standard
NIIF Infrastructure Finance standalone net profit rises 41.76% in the June 2024 quarter (02-08-2024)
Nifty slides below 24,800 level; metal stocks lose sheen (02-08-2024)
At 10:30 IST, the barometer index, the S&P BSE Sensex, was down 813.94 points or 0.99% to 81,053.61. The Nifty 50 index rose 257.90 points or 1.03% to 24,753.
Maruti Suzuki drops as total sales slide 3% YoY in July 2024 (02-08-2024)
Maruti Suzuki India slipped 3.04% to Rs 12,943.20 after the company informed that its total sales declined 3.63% to 1,75,041 units in July 2024 as against 1,81,630 units sold in July 2023.
Middle income trap could hinder progress in India alongside other developing countries: World Bank report (02-08-2024)
More than 100 countriesincluding China, India, Brazil, and South Africaface serious obstacles that could hinder their efforts to become high-income countries in the next few decades, according to a new World Bank study that provides the first comprehensive roadmap to enable developing countries to escape the middle-income trap. Drawing on lessons of the past 50 years, the World Development Report 2024 : The Middle Income Trap finds that as countries grow wealthier, they usually hit a trap at about 10% of annual U.S. GDP per personthe equivalent of $8,000 today. Thats in the middle of the range of what the World Bank classifies as middle-income countries. At the end of 2023, 108 countries were classified as middle-income, each with annual GDP per capita in the range of $1,136 to $13,845.
Silver Price Outlook: Global economic worries weigh, says Sharekhan (02-08-2024)
Buying the dips with appropriate stop-losses is likely to be preferred strategy for Silver as the US nonfarm payroll report looms, says Praveen Singh of Sharekhan by BNP Paribas.
Gold Price Outlook turning constructive on hopes of rate cut: Sharekhan (02-08-2024)
Gold prices likely to be volatile and choppy ahead of the key US macroeconomic releases, says analyst at the brokerage firm.
SJS Enterprises surges 12% in weak market on strong Q1 performance (02-08-2024)
The company is positioned to achieve revenue growth exceeding 1.5X that of the underlying industry growth, while maintaining robust EBITDA margins, driven by promising prospects in the 2W and PV.
FMCG shares rise (02-08-2024)
FMCG stocks were trading with gains, with the BSE Fast Moving Consumer Goods index rising 59.38 points or 0.26% at 22583.32 at 09:42 IST.
Kalyan Jewellers gains after Q1 PAT climbs 24% YoY to Rs 1,776 cr (02-08-2024)
Kalyan Jewellers India advanced 1.04% to Rs 570.90 after the company’s consolidated net profit jumped 23.69% to Rs 1775.58 crore in Q1 FY25 as compared with Rs 1,435.52 crore posted in Q1 FY24.
JBM Auto consolidated net profit rises 10.67% in the June 2024 quarter (02-08-2024)
Sales rise 20.95% to Rs 1144.50 crore