Shares of Three M Paper Boards were quoting at Rs 79.80 on the BSE, a premium of 15.65% compared with the issue price of Rs 69.
Posts in category Business Standard
EPFO enrolled 9.85 lakh new members during May 2024 (22-07-2024)
Employees’ Provident Fund Organisation (EPFO) has added 19.50 lakh net members in the month of May 2024. The addition during the month is the highest since the first payroll data was issued in April 2018. Further, the year-over-year analysis shows a growth of 19.62% in net member additions compared to May 2023. This surge in membership can be attributed to numerous factors, including increased employment opportunities, a growing awareness of employee benefits, and the effectiveness of EPFO’s outreach programs.
Stanley Lifestyles gains after Q1 PAT rises 76% YoY to Rs 10 cr in FY25 (22-07-2024)
Stanley Lifestyles rallied 5.97% to Rs 590.50 after the company’s consolidated net profit jumped 75.86% to Rs 10.20 crore in Q1 FY25 as compared with Rs 5.80 crore posted in Q1 FY24.
Coal India emerges preferred bidder for Khattali Chotti graphite block (22-07-2024)
Coal India (CIL) has successfully opened its account in domestic critical mineral asset emerging as the preferred bidder for Khattali Chotti graphite block in Alirajpur district of Madhya Pradesh. This was under tranche two forward auction held on 9 July by the Ministry of Mines. It would be CIL’s first ever non-coal mineral mining venture.
Rane Brake gains after strong Q1 performance (22-07-2024)
Rane Brake Lining added 2.48% to Rs 977.40 after the company reported 70% jump in net profit to Rs 8.8 crore on a 5% increase in income from operations to Rs 159.9 crore in Q1 FY25 as compared with Q1 FY24.
Rane Brake Lining standalone net profit rises 70.46% in the June 2024 quarter (22-07-2024)
Sales rise 4.99% to Rs 159.93 crore
Digicontent consolidated net profit declines 32.35% in the June 2024 quarter (22-07-2024)
Sales rise 15.64% to Rs 104.27 crore
Zydus Wellness stock jumps 5%; hits 2-year high on hopes of demand recovery (22-07-2024)
The management sees encouraging signs of industry recovery, with inflation stabilising and margins poised for improvement.
Broader mkt outperforms ; VIX jumps 4.73%; auto shares advance (22-07-2024)
At 12:30 IST, the barometer index, the S&P BSE Sensex, was down 188.21 points or 0.21% to 80,416.44. The Nifty 50 index shed 44.30 points or 0.18% to 24,486.60
RBL Bank Q1 PAT rises 29% YoY to Rs 372 crore (22-07-2024)
The private lender’s standalone net profit jumped 28.95% to Rs 371.52 crore on 21.47% increase in total income to Rs 4,301.70 crore in Q1 FY25 over Q1 FY24.