Posts in category Business Standard
India Services Sector Grows Sharply With 61.2 PMI In January (05-02-2024)
Companies noted a further increase in their overall expenses at the start of the 2024 calendar year, with food, labour and freight identified as the key sources of cost pressures. That said, even with input price inflation reaching a five-month high, selling charges were raised to a lesser extent.
Nifty climbs above 21,900; pharma shares advance (05-02-2024)
The benchmark indices traded with minor gains in mid-morning trade. The Nifty scaled above the 21,900 mark. Pharma shares gained for the second consecutive trading session.
Titagarh Rail Systems Q3 PAT climbs 91% YoY to Rs 75 cr (05-02-2024)
Titagarh Rail Systems (TSRL) standalone net profit surged 91.25% to Rs 75.03 crore in Q3 FY24 as against to Rs 39.23 crore posted in Q3 FY23.
BSE SME Harshdeep Hortico makes a solid debut (05-02-2024)
Shares of Harshdeep Hortico were quoting at Rs 66.50 on the BSE, a premium of 47.78% compared with the issue price of Rs 45.
Dollar Index At Eight Week High; COT Report Indicates Further Fall IN Speculative Net Longs (05-02-2024)
The dollar index is extending Fridays surge to early trades on Monday and hovering at its highest level in eight weeks around 104 mark. The greenback strengthened following US jobs data that came in better than expected and further reduced bets of a near term Federal rate cut. US Nonfarm Payrolls surged to 353K in January from an upwardly revised 333K in December. The Unemployment Rate was unchanged at 3.7%. The dollar index added massive gains following the report and climbed above 104 mark for the first time in eight weeks and is currently quoting near the levels at 103.93. Meanwhile, net long positions by large currency market speculators in the US dollar futures continued to edge lower, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, registered a weekly drop of 372 net contracts in the data reported ...
NSE SME Megatherm Induction rallies on debut (05-02-2024)
Shares of Megatherm Induction were quoting at Rs 207.90 on the NSE, a premium of 92.5% compared with the issue price of Rs 108.
L&T arm gets ‘large’ project from Indian Oil Adani Ventures (05-02-2024)
The EPC major announced that its hydrocarbon business, L&T Energy Hydrocarbon (LTEH) has secured 'large' onshore project from Indian Oil Adani Ventures.
Volumes jump at CIE Automotive India Ltd counter (05-02-2024)
CIE Automotive India Ltd saw volume of 44077 shares by 10:47 IST on BSE, a 3.65 fold spurt over two-week average daily volume of 12080 shares
Board of D B Realty to review corporate structure (05-02-2024)
On 09 February 2024
Mahindra Life hits record high after Q3 PAT climbs 51% YoY to Rs 50 cr (05-02-2024)
Mahindra Lifespace Developers soared 8.15% to Rs 613.50 after the real estate developer's consolidated net profit jumped 50.6% to Rs 50 crore in Q3 FY24 as against Rs 33.2 crore recorded in Q3 FY23.