Sales rise 56.34% to Rs 37.10 crore
Posts in category Business Standard
Gallantt Ispat consolidated net profit rises 3.45% in the September 2024 quarter (29-10-2024)
Sales decline 0.77% to Rs 942.57 crore
Quess Corp consolidated net profit rises 28.77% in the September 2024 quarter (29-10-2024)
Sales rise 9.08% to Rs 5179.36 crore
Market today: Afcons Infra IPO close, Q2 earnings, global cues, oil prices (29-10-2024)
Q2 earnings, Afcons Infrastructure IPO close and global factors such as receding tensions in West Asia, and other global markets is expected to have a bearing on Indian shares
Nifty50 oversold on charts, may bounce in near term; check trading strategy (29-10-2024)
The Nifty 50 Index is currently oversold on the charts, with technical indicators such as RSI, MACD, and Stochastics all positioned in oversold zones
Motilal Oswal Fin logs record profit of Rs 1.2K cr; ABSL AMC net up 36% (28-10-2024)
Aditya Birla Sun Life (ABSL) Asset Management Company (AMC) on Monday reported a 36 per cent year-on-year (Y-o-Y) jump in the net pro – fit for the previous quarter (Q2) at Rs 240 crore
A mixed bag for new listings: Waaree Energies up 56%, Deepak Builders dips (28-10-2024)
Waare’s IPO consisted of fresh fundraise of Rs 3,600 crore and an offer for sale of Rs 721 crore. The stock is priced at 53 times its financial year 2024 (FY24) earnings of Rs 1,274 crore
Bitcoin traders refocus on $70,000 price level with cash flowing into ETFs (28-10-2024)
Cryptocurrencies dropped last week, following a report that US was investigating stablecoin issuer Tether Holdings Ltd. for possible violations of sanctions and anti-money-laundering rules
Sebi proposes allowing shared contact details for non-individual clients (28-10-2024)
To enhance ease of compliance, Sebi on Monday proposed broadening its guidelines on shared contact details by allowing non-individual clients, such as HUFs, partnerships, trusts, and corporates, to use the same mobile number or email address under exceptional circumstances.
Currently, this exception applies only to individual clients within a family.
“Under exceptional circumstances, the stock broker may, at the specific written request of a client, upload the same mobile number/email address for more than one client provided such client belong to one family (in case of individual clients) or such client is the authorised person of an HUF, Corporate, Partnership or Trust (in case of non-individual clients),” Sebi said in its consultation paper.
Under the current rule, stock brokers are required to upload certain details of their clients, including a separate mobile number and email address for each client.
However, under exceptional circumstances, the stock broker may upload the sa
Citigroup sells HDFC Bank’s shares worth Rs 275 crore via block deal (28-10-2024)
American multinational Citigroup on Monday offloaded private sector lender HDFC Bank’s shares worth Rs 275 crore through an open market transaction.
Citigroup, through its arm Citigroup Global Markets Mauritius, sold 15,79,953 shares of HDFC Bank, as per the block deal data available on the BSE.
The shares were disposed of at an average price of Rs 1,742.6 apiece, taking the transaction value to Rs 275.32 crore.
Ghisallo Master Fund LP acquired the shares of Mumbai-headquartered HDFC Bank at the same price.
Shares of HDFC Bank fell 0.48 per cent to close at Rs 1,734.30 per piece on the BSE.
On October 19, HDFC Bank reported a 6 per cent increase in the September quarter net profit to Rs 17,825.91 crore on a consolidated basis.
On a standalone basis, the largest private sector lender’s post-tax net profit grew to Rs 16,820.97 crore during the reporting period against Rs 15,976.11 crore in the year-ago period.
The company’s core net interest income grew 10 per cent to Rs 30,010 cr