Sales decline 5.17% to Rs 606.34 crore
Posts in category Business Standard
Intellect Design Arena consolidated net profit declines 20.34% in the June 2024 quarter (26-07-2024)
ESAF Small Finance Bank standalone net profit declines 51.70% in the June 2024 quarter (26-07-2024)
Total Operating Income rise 13.77% to Rs 1022.49 crore
Mangalam Organics consolidated net profit rises 438.71% in the June 2024 quarter (26-07-2024)
Sales rise 8.34% to Rs 117.99 crore
Trejhara Solutions consolidated net profit declines 76.90% in the June 2024 quarter (26-07-2024)
Sales rise 50.12% to Rs 6.05 crore
Punjab & Sind Bank standalone net profit rises 18.88% in the June 2024 quarter (26-07-2024)
Total Operating Income rise 14.53% to Rs 2652.27 crore
Barometers snap 5-day losing streak, Nifty ends above 24,800; metal shares rally (26-07-2024)
Domestic stocks bounced back today, ending a five-day slump. The Nifty reclaimed the 24,800 level, led by gains in metals, healthcare, and auto sectors. While this is a relief, traders are wary. Holding onto the 24,000 level is key for a sustained rally. Upcoming earnings, sectoral performance, and global trends will dictate the market’s next move.
INR recovers from all-time low; Benchmark indices soar (26-07-2024)
The Indian rupee recovered from its all-time low level and appreciated 6 paise to 83.72 (provisional) against the US dollar on Friday, on strength in the domestic markets and expectations of fresh foreign inflows. The benchmark S&P BSE Sensex jumped 1,293 points, or 1.62 percent, to 81,333 while the broader NSE Nifty index closed at 24,835, up 429 points, or 1.76 percent, from its previous close. Firm global cues helped boost sentiment after data showed the U.S. economy expanded faster than expected and inflation slowed in the second quarter, suggesting a soft landing is in sight for the world’s largest economy. At the interbank foreign exchange market, the local unit opened at 83.72 and touched an intra-day high of 83.69 and a low of 83.73 against the dollar during the session.
Bhavish Aggarwal-led Ola Electric IPO likely to open on August 2 (26-07-2024)
SoftBank-backed EV maker to pursue valuation of about $4.5 bn
US indicts North Korean hacker for major cyberattacks, offers $10mn reward (26-07-2024)
North Korean hacker Rim Jong Hyok has been accused of orchestrating major cyber attacks on US defense, Nasa, healthcare systems, and Asian companies
Paytm shares hit upper circuit on govt nod for investment in payments arm (26-07-2024)
The stock price surged on the back of reports claiming that the company had received the government nod to invest Rs 50 crore in its associate entity Paytm Payments Services Limited (PPSL)