Avantel zoomed 6.81% to Rs 122.40 after the company said that it has received a supply order worth of Rs 109.76 crore from Ministry of Defence, Government of India.
Posts in category Business Standard
Indices trade with significant cuts; pharma shares under pressure (30-05-2024)
At 11:30 IST, the barometer index, the S&P BSE Sensex, was down 477.09 points or 0.64% to 74,026.16. The Nifty 50 index lost 154.15 points or 0.68% to 22,550.55
KFin Tech slumps 7% after block deals; General Atlantic likely seller (30-05-2024)
KFin Tech share: Reports said global private equity firm General Atlantic Singapore Fund was looking to sell 4.1 per cent stake in KFin Technologies
DXY Futures March Ahead Of 105 Mark As Fed Officials Maintain Hawkish Tone; US PCE Data Eyed (30-05-2024)
The US dollar is seen accentuating gains on Thursday as Fed officials reiterate hawkish undertone in their speeches, reducing any near term possibility of a rate cut. The dollar index futures scaled above 105 mark and are currently quoting at 105.12, up 0.07% on the day while treasury yields were higher at 4.6%. Fed Atlanta President Bostic said that the path to 2% inflation is not assured and that the breadth of price gains is still significant. Yesterday, Minneapolis Fed President Neel Kashkari stated in an interview that the Fed should delay cutting rates until inflation significantly improves and might even hike rates if inflation fails to come down further. Investors now await the second estimate of GDP figures due later today, as well as the key US PCE inflation report on Friday for clarity on the central banks policy outlook. Among the basket currencies, EURUSD and GBPUSD came under pressure amid dollar strength and were quoting lower by around 0.15% on the day at $1.0797 …
Meghna Infracon delivers its first residential project in Goregaon East, Mumbai (30-05-2024)
Meghna Infracon Infrastructure (formerly known as Naysaa Securities) announced the successful secure of OC of Ashraya Heights, First residential project located at Opposite Goregaon Gymkhana, Goregaon (East). The Project was delivered 15 months ahead of RERA timelines to its investors and stakeholders.
Bata India share price rises 3% as management sees demand revival ahead (30-05-2024)
Bata stock’s ascent followed optimistic remarks from management regarding the potential for demand recovery in the near future
Inventure Growth & Securities consolidated net profit rises 66.67% in the March 2024 quarter (30-05-2024)
Sales rise 69.09% to Rs 18.16 crore
K G Denim reports consolidated net loss of Rs 8.64 crore in the March 2024 quarter (30-05-2024)
Sales decline 27.75% to Rs 66.00 crore
A F Enterprises reports consolidated net profit of Rs 0.33 crore in the March 2024 quarter (30-05-2024)
Sales decline 73.72% to Rs 5.35 crore
Cummins India PAT climbs 76% YoY to Rs 562 cr in Q4 FY24 (30-05-2024)
Cummins India reported 76.3% jump in standalone net profit to Rs 561.52 crore on 20.08% rise in revenue from operations to Rs 2,268.50 crore in Q4 FY24 over Q4 FY23.