Cyient dropped 7.82% to Rs 1,746.20 after the IT major reported 23.94% fall in consolidated net profit to Rs 143.9 crore on 9.94% decline in revenue from operations to Rs 1,675.7 crore in Q1 FY25 over Q4 FY24.
Posts in category Business Standard
Govt’s 10-year benchmark bond yield dips to 2-year low; auction demand key (26-07-2024)
The benchmark 10-year yield was at 6.9357 per cent as of 10:00 a.m. IST, compared with its previous close of 6.9512 per cent
Small-cap VST Industries announces 10:1 bonus issue; share price soars 7% (26-07-2024)
The uptick in stock price came after the company announced a bonus issue for the first time.
US equities end mixed (26-07-2024)
US stocks ended mixed on Thursday following a good rebound early in the session owing to sharper than expected acceleration in U.S. economic growth in the second quarter. Among the major averages, the Dow managed to settle higher, gaining 81.20 points or 0.20 percent at 39,935.07, a long way down from the day’s high of 40,438.82. The S&P 500, which advanced to 5,491.59, ended nearly 100 points down from that level, at 5,399.22, losing 27.91 points or 0.51 percent. The Nasdaq ended with a loss of 160.69 points or 0.93 percent at 17,181.72, coming off a high of 17,544.46.
Barometers trade near day’s high; metal shares advance (26-07-2024)
At 13:27 IST, the barometer index, the S&P BSE Sensex, was up 580.11 points or 0.72% to 80,615.87. The Nifty 50 index advanced 197.30 points or 0.81% to 24,606.35.
Sanstar IPO: Shares list at premium on NSE, BSE; should you book profit? (26-07-2024)
The grey market premium (GMP) of Sanstar IPO shares soared nearly 26 per cent ahead of its listing on the BSE and NSE, indicating solid listing gains for the investors…
Tech Mahindra PAT rises 29% QoQ in Q1 FY25 (26-07-2024)
The IT major’s consolidated net profit jumped 28.82% to Rs 851.5 crore on 1.04% rise in revenue from operations to Rs 13,005.5 crore in Q1 FY25 over in Q1 FY24.
Cyient’s stock plunges 9% after weak Q1FY25 results; check details here (26-07-2024)
Shares of engineering research and development firm fell as much as 8.99 per cent at 1724 per share on the BSE in Friday”s intraday trade
Sanstar gains on debut (26-07-2024)
Shares of Sanstar were currently trading at Rs 112.70 at 10:12 IST on the BSE, representing a premium of 18.63% as compared with the issue price of Rs 95.
Indus Towers buyback: Board meet on July 30; stock up 125% thus far in 2024 (26-07-2024)
Indus Towers buyback plan: Share price hits over six-year high of Rs 447.30, gaining 5% on the BSE on July 26