The Mumbai based developer reported a 64 per cent year-on-year increase in net profit, reaching Rs 788 crore. Total income for the same period surged by 56 per cent to Rs 1,558 crore
Posts in category Business Standard
LIC stock up 5.5% as Sebi gives 3 more yrs to meet public shareholding norm (15-05-2024)
LIC news: The revised timeline for LIC to achieve 10 per cent public shareholding is on or before May 16, 2027
Shree Cement Q4 PAT climbs 21% YoY to Rs 662 cr (15-05-2024)
The cement maker reported a 21.15% increase in standalone net profit to Rs 661.76 crore on 6.60% rise in revenue from operations to Rs 5,101.01 crore in Q4 FY24 over Q4 FY23.
ITI Ltd leads gainers in ‘A’ group (15-05-2024)
Kirloskar Pneumatic Company Ltd, Vijaya Diagnostic Centre Ltd, Brigade Enterprises Ltd and Indiabulls Housing Finance Ltd Partly Paidup are among the other gainers in the BSE’s ‘A’ group today, 15 May 2024.
NSE SME Silkflex Polymers (India) lists at decent premium (15-05-2024)
Shares of Silkflex Polymers (India) were quoting at Rs 59.50 on the NSE, a premium of 14.42% compared with the issue price of Rs 52.
INR Clings Onto 83.50 Per US Dollar Mark (15-05-2024)
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Balu Forge posts nearly 86% YoY rise in Q4 PAT; EBITDA margin at 21.33% (15-05-2024)
Balu Forge Industries has reported 85.58% rise in net profit to Rs 28.28 crore on a 30.21% increase in revenue from operations to Rs 161.17 crore in Q4 FY24 as compared with Q4 FY23.
BSE SME TGIF Agribusiness makes a bumper debut (15-05-2024)
Shares of TGIF Agribusiness were quoting at Rs 142.50 on the NSE, a premium of 53.23% compared with the issue price of Rs 93.
BlackRock bullish on India, looking to expand its share in govt bond ETFs (15-05-2024)
BlackRock leads the global ETF space with a nearly 40% market share
DXY Futures Lose Ground Below 105 Mark; Powell Says Let Restrictive Policy Do Its Work (15-05-2024)
The dollar index futures lost ground and slumped below 105 mark as markets brushed aside elevated levels of producer price inflation for April. US producer Price Index (PPI) increased by 0.5% on monthly basis, surpassing the forecasted 0.3% rise. Similarly, the core PPI, which excludes food and energy prices, also rose by 0.5%, beating the expected 0.2% increase. Meanwhile, Federal Reserve Chair Jerome Powell said that the PPI readings were higher than expected. He added that policymakers need to be patient and let restrictive policy do its work. Investors now shift focus to US CPI report this week. The dollar index dumped aside higher PPI data and added to losses at 104.82 alongside fall in treasury yields. Among basket currencies, EURUSD and GBPUSD are quoting higher by 0.06% at $1.0842 and $1.2600 respectively.