Ashapura Minechem Ltd, Ideaforge Technology Ltd, Firstsource Solutions Ltd and Symphony Ltd are among the other losers in the BSE’s ‘A’ group today, 29 October 2024.
Posts in category Business Standard
China Shanghai composite index moves down 1.08% (29-10-2024)
Traders also remained apprehensive that a Donald Trump victory in the upcoming U.S. presidential election may slow global growth.
Kirloskar Brothers spurts after Q2 PAT soars 90% YoY (29-10-2024)
Kirloskar Brothers advanced 3.13% to Rs 1,798 after the company’s consolidated net profit surged 89.88% to Rs 95.3 crore on 14.72% increase in revenue from operations to Rs 1,035.8 crore in Q2 FY25 over Q1 FY25.
Indian Bank soars 17% in 2 days on healthy Q2 results; nears 52-week high (29-10-2024)
Motilal Oswal Financial Services reiterated its ‘BUY’ rating on Indian Bank with a revised target price of Rs 650 per share.
CBDT notifies Tolerance Range for Transfer Pricing for A.Y 2024-25 (29-10-2024)
The Central Board of Direct Taxes (CBDT) has issued notification no. 116/2024 dated October 18, 2024 notifying the tolerance range for AY 2024-25. The notification of tolerance range shall provide certainty to taxpayers and reduce the risk perception associated with pricing of a transaction in transfer pricing.
Proviso to sub-rule(7) of rule 10CA sub-rule(7) provides that, “if the variation between the arm’s length price so determined at which the international transaction or specified domestic transaction has actually been undertaken does not exceed such percentage not exceeding three percent of the latter, as may be notified by the Central Government in the Official Gazette in this behalf, the price at which the international transaction or specified domestic transaction has actually been undertaken shall be deemed to be the arm’s length price.”
Shankar Lal Rampal Dye-Chem Ltd leads losers in ‘B’ group (29-10-2024)
IFB Industries Ltd, Ausom Enterprise Ltd, Sambhaav Media Ltd and Relicab Cable Manufacturing Ltd are among the other losers in the BSE’s ‘B’ group today, 29 October 2024.
Vedant Fashions consolidated net profit rises 37.32% in the September 2024 quarter (29-10-2024)
Sales rise 22.74% to Rs 267.95 crore
This smallcap has surged 18% on healthy outlook; zoomed 79% in 3 months (29-10-2024)
Shares of the Anup Engineering hit a record high of Rs 3,237.95, as they rallied 18% on the NSE in Tuesday’s intra-day and zoomed 137% thus far in calendar year 2024.
1 out of 6 Nifty 500 stock falls over 20%; Time to worry or cherry pick? (29-10-2024)
Many quality small- and medium-cap stocks have become appealing buys, and the medium-to-long-term outlook remains robust due to economic factors, said G Chokkalingam of Equinomics Research.
Makers Laboratories reports consolidated net profit of Rs 8.82 crore in the September 2024 quarter (29-10-2024)
Sales rise 18.00% to Rs 29.57 crore