Posts in category Business Standard
Volumes jump at Jupiter Wagons Ltd counter (08-02-2024)
Jupiter Wagons Ltd witnessed volume of 55.82 lakh shares by 10:47 IST on BSE, a 27 times surge over two-week average daily volume of 2.07 lakh shares
UK Pound Steadies Around $1.2632 As Dollar Stays Muted (08-02-2024)
UK pound is steadying around $1.2632 on Thursday after coming off an eight week low hit at the start of the week. Slight bearish tone in the greenback is keeping the GBPUSD pair supported. The dollar index however continues to stay near 104 mark amid cautious tone from Federal officials that could cap upside for GBPUSD. Federal Reserve Governor Adriana Kuglers said on Wednesday that inflation is showing solid signs of slowing down, but she is not ready yet to start lowering interest rates. Minneapolis Fed President Neel Kashkari also expressed caution about cutting rates too quickly and said he only expects two or three reductions this year. The pair is currently quoting at $1.2633, almost flat on the day. Meanwhile, GBPINR futures pair on the NSE lost momentum and dipped marginally to 104.82.
RBI Forecasts FY25 GDP Growth At 7%, Inflation Retained At 4.5% (08-02-2024)
April-June 2024 GDP growth forecast is raised to 7.2 percent from 6.7 percent. July-September 2024 GDP growth forecast raised to 6.8 percent from 6.5 percent. October-December 2024 GDP growth forecast raised to 7.0 percent from 6.4 percent. January-March 2025 GDP growth forecast pegged at 6.9 percent.
Tata Consumer slips after Q3 PAT slides 21% YoY to Rs 279 cr (08-02-2024)
Tata Consumer Products declined 1.90% to Rs 1,143.95 after the company reported 20.72% decline in consolidated net profit to Rs 278.87 crore in Q3 FY24 as against Rs 351.76 crore recorded in Q3 FY23
Indices trade near flat line; FMCG shares decline (08-02-2024)
At 10:26 IST, the barometer index, the S&P BSE Sensex, was up 20.82 points or 0.03% to 72,172.82. The Nifty 50 index rose 18.55 points or 0.08% to 21,949.05.
Parag Milk Foods gains after stellar Q3 performance (08-02-2024)
Parag Milk Foods (PMFL) gained 1.61% to Rs 240.25 after the company reported a consolidated net profit of Rs 34.16 crore in Q3 FY24, which is nearly four times as compared with the PAT of Rs 9.26 crore recorded in Q3 FY23.
Trent rallies 27% in two days, hits new high on stellar Q3 results (08-02-2024)
The brokerage firm Motilal Oswal Financial Services has reiterated a 'buy' rating on the stock with a target price of Rs 4,200.
Apollo Tyres Q3 PAT soars 78% YoY to Rs 497 cr (08-02-2024)
Apollo Tyres consolidated net profit jumped 78.14% to Rs 496.63 crore in Q3 FY24 as compared with Rs 278.79 crore in Q3 FY23.
RBI Maintains Policy Rate Unchanged (08-02-2024)
In its last bi-monthly monetary policy of FY24, the RBI Governor Shaktikanta Das-headed six-member MPC maintained the repo rate at 6.5% for the fifth consecutive time.
Centum Electronics fixes record date for interim dividend (08-02-2024)
Record date is 20 February 2024