Sales decline 40.39% to Rs 24.97 crore
Posts in category Business Standard
Surana Solar standalone net profit rises 16.67% in the June 2024 quarter (17-07-2024)
Sales rise 72.12% to Rs 11.36 crore
Jubilant Ingrevia Q1 PAT slides 15% YoY to Rs 48 cr in FY25 (17-07-2024)
Jubilant Ingrevia reported 15.36% decline in consolidated net profit to Rs 48.74 crore in Q1 FY25 compared with net profit of Rs 57.59 crore in Q1 FY24.
Parshva Enterprises consolidated net profit declines 20.00% in the June 2024 quarter (17-07-2024)
Sales rise 23.52% to Rs 5.62 crore
IOCL raises Rs 2,500 crore via debentures (17-07-2024)
Indian Oil Corporation (IOCL) announced that it has issued 2.5 lakh unsecured, listed, rated, taxable, redeemable, non-convertible debentures worth Rs 2,500 crore via private placement basis on 16 July 2024.
Jodhpur Wind Farms Pvt standalone net profit declines 41.00% in the June 2024 quarter (17-07-2024)
Sales decline 14.48% to Rs 14.65 crore
Latur Renewable Pvt standalone net profit declines 25.09% in the June 2024 quarter (17-07-2024)
Sales decline 11.41% to Rs 16.61 crore
Elecon Engineering Company consolidated net profit rises 0.55% in the June 2024 quarter (17-07-2024)
Sales decline 5.30% to Rs 392.36 crore
US Equities Extend Gains; Dow Surges To Record Closing High (17-07-2024)
US investor sentiment was buoyed by expectations of Federal Reserve rate cuts, while retail sales data had minimal impact on risk appetite. The Dow jumped 742.76 points or 1.9 percent to 40,954.48, the S&P 500 climbed 35.98 points or 0.6 percent to a new record closing high of 5,667.20 and the Nasdaq rose 36.77 points or 0.2 percent to 18,509.34. In earnings news, UnitedHealth surged 6.5% after reporting better-than-expected results, also bolstering the Dow. Bank of America climbed 5.3% on earnings and revenue beats. Morgan Stanley shares rose 0.8% after exceeding Wall Street forecasts, driven by strong trading and investment banking outcomes. Conversely, Charles Schwab declined of 10.2% following a 17% drop in bank deposits to $252.4 billion and a 6% decrease in net interest revenue.
Nomura says Aadhar Housing Finance stock is ‘affordable’, gives ‘Buy’ call (17-07-2024)
Nomura initiates coverage on Aadhar Housing: Nomura has given a target price of Rs 550 for Aadhar Housing Finance stock. It implies a 20.3 per cent upside