On Monday, Natco Pharma reported a 40.1 per cent year-on-year (YoY) surge in net profit, totaling Rs 386.3 crore in Q4FY23, up from Rs 275.8 crore
Posts in category Business Standard
Dollar Index Extends Bearish Momentum Ahead Of Crucial US Data (28-05-2024)
The US dollar extended bearish momentum to a one-week low on Tuesday as the greenback waits for the US PCE price index report due later this week for clues on the path for Federal Reserve monetary policy. The dollar index fell below 104.5 on Tuesday, sliding for the third straight session. Currently, the counter is quoting at 104.39, down 0.24% on the day. Fed officials including Mester, Bowman, Kashkari, Cook and Daly are slated to speak during the week. However, ongoing political tensions in the Middle East are likely to keep demand for the safe haven currency supported. Markets also await German and Eurozone inflation figures this week that could cement expectations for an ECB rate cut next week. Among basket currencies, EURUSD and GBPUSD are quoting higher by 0.2% at $1.0885 and $1.2775 respectively.
Natco Pharma consolidated net profit rises 40.07% in the March 2024 quarter (28-05-2024)
Sales rise 18.98% to Rs 1068.30 crore
Datasoft Applications Software (India) reports standalone net loss of Rs 0.12 crore in the March 2024 quarter (28-05-2024)
Sales reported at Rs 0.96 crore
Indosolar reports standalone net loss of Rs 4.82 crore in the March 2024 quarter (28-05-2024)
Reported sales nil
Pioneer Embroideries consolidated net profit rises 123.01% in the March 2024 quarter (28-05-2024)
Sales rise 27.60% to Rs 94.50 crore
Mahamaya Steel Industries consolidated net profit rises 17.21% in the March 2024 quarter (28-05-2024)
Sales rise 4.90% to Rs 197.62 crore
Garware Technical rallies after Q4 PAT climbs 16% to Rs 69 cr (28-05-2024)
Garware Technical Fibres jumped 6.04%% to Rs 3,395 after the company’s consolidated net profit jumped 16.44% to Rs 69.47 crore on 3.18% increase in revenue from operations to Rs 382.27 crore in Q4 March 2024 over Q4 March 2023.
Hatsun Agro Product Ltd leads gainers in ‘A’ group (28-05-2024)
Sumitomo Chemical India Ltd, Arvind Ltd, Garware Technical Fibres Ltd and Nazara Technologies Ltd are among the other gainers in the BSE’s ‘A’ group today, 28 May 2024.
Board of Adani Enterprises approves raising Rs 16,600 cr via equity issuance (28-05-2024)
At meeting held 28 May 2024