Posts in category Business Standard
Sensex adds 403 pts; metal stocks lose sheen (13-02-2024)
At 11:30 IST, the barometer index, the S&P BSE Sensex, rose 402.93 points or 0.57% to 71,475.42. The Nifty 50 index added 103.60 points or 0.48% to 21,719.65.
RLD, led by Jayant Chaudhary, joins NDA alliance; cites people’s benefit as motive (13-02-2024)
Further, Chaudhary expressed elation over the posthumous conferral of the Bharat Ratna award upon his grandfather, former Prime Minister Chaudhary Charan Singh. He interpreted this recognition not merely as a familial honor but as a tribute to the farmers, youth, and underprivileged sections of the country, thereby broadening its significance beyond his family.
GOI announces the sale of three dated securities for a notified amount of Rs 30,000 crore (13-02-2024)
The Government of India (GOI) has announced the sale (re-issue) of 7.33% GS 2026 for a notified amount of Rs 8,000 crore, 7.18% GS 2037 for a notified amount of Rs 10,000 crore and 7.25% GS 2063 for a notified amount of Rs 12,000 crore. GoI will have the option to retain additional subscription up to Rs 2,000 crore against each security mentioned above. The auction will be conducted using uniform price method for 7.33% GS 2026, 7.18% GS 2037 and multiple price method for 7.25% GS 2063. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on February 16, 2024 (Friday).
M&M production rises 32% YoY in Jan’24 (13-02-2024)
Mahindra & Mahindra's total production increased 32.38% to 1,01,169 units in the month of January 2024 as against 76,421 units as compared with January 2023.
Ramaraju Surgical Cotton Mills reports consolidated net profit of Rs 3.54 crore in the December 2023 quarter (13-02-2024)
Sales decline 9.02% to Rs 87.78 crore
Bandaram Pharma Packtech consolidated net profit rises 30.23% in the December 2023 quarter (13-02-2024)
Sales rise 81.48% to Rs 9.80 crore
63 Moons Technologies consolidated net profit rises 321.65% in the December 2023 quarter (13-02-2024)
Sales rise 72.48% to Rs 160.65 crore
Acknit Industries standalone net profit declines 13.04% in the December 2023 quarter (13-02-2024)
Sales decline 3.28% to Rs 46.33 crore
SAIL slides after Q3 PAT drops 28% YoY to Rs 331 cr (13-02-2024)
Steel Authority of India (SAIL) declined 2.32% to Rs 120.05 after the company's standalone net profit declined 28.50% to Rs 331.40 crore in Q3 FY24 as against with Rs 463.54 crore posted in Q3 FY23.
Sudal Industries reports standalone net loss of Rs 0.18 crore in the December 2023 quarter (13-02-2024)
Sales decline 12.41% to Rs 33.24 crore