Gujarat State Petronet (GSPL) rallied 6.97% to Rs 378.50 after the company reported 53.47% jump in standalone net profit to Rs 262.18 crore on 37.73% increase in net sales to Rs 554.24 crore in Q3 FY24 over Q3 FY23.
Posts in category Business Standard
Barometers trade with decent gains; Auto stocks rally for 3rd day (15-02-2024)
At 13:26 IST, the barometer index, the S&P BSE Sensex, was advanced 171.81 points or 0.24% to 71,994.64. The Nifty 50 index added 53.45 points or 0.24% to 21,893.50
Volumes soar at Vedanta Ltd counter (15-02-2024)
Vedanta Ltd clocked volume of 1006.42 lakh shares by 14:14 IST on NSE, a 12.3 times surge over two-week average daily volume of 81.80 lakh shares
Bharti Airtel launches four new stores in Cochin (15-02-2024)
Designed around the theme of creating excellence and winning customers for life, these neighborhood stores will display the entire range of Airtel’s offerings including Xstream, Xsafe, 5G Plus etc. With a vision to deliver unparalleled service experience, the store-staff, referred to as ‘Airtel Friends’ are trained to address and resolve customer queries across all of Airtel’s portfolio including mobile, broadband and DTH.
India’s Trade Deficit Narrows To $17.49 Billion In January (15-02-2024)
The merchandise trade deficit stood at $19.80 billion in December 2023.
Bharti Airtel launches two new stores in Jabalpur (15-02-2024)
Designed around the theme of creating excellence and winning customers for life, these neighborhood stores will display the entire range of Airtel’s offerings including Xstream, Xsafe, 5G Plus etc. With a vision
to deliver unparalleled service experience, the store-staff, referred to as ‘Airtel Friends’ are trained to address and resolve customer queries across all of Airtel’s portfolio including mobile, broadband and DTH.
Happiest Minds Technologies partners with Soroco (15-02-2024)
For collaboration in automation and AI-led services
FMCG shares fall (15-02-2024)
FMCG stocks were trading in the negative zone, with the S&P BSE FMCG Sector index falling 121.94 points or 0.63% at 19287.07 at 13:47 IST.
Healthcare shares slide (15-02-2024)
Healthcare stocks were trading with losses, with the S&P BSE Healthcare index falling 13.53 points or 0.04% at 35066.92 at 13:47 IST.
Pound Stumbles As UK Economy Enters Technical Recession (15-02-2024)
UK pound stumbled against the dollar on Thursday in immediate reaction to data that showed UK economy contracted by 0.3% in the fourth quarter of 2023. Investors anticipated a deceleration of growth of 0.1%. The UK economy contracted for the second straight quarter in a row indicating a technical recession. GBPUSD came under severe selling pressure post the data and hit a low of $1.2544. Meanwhile, broad dollar strength overseas on reduced expectation of an early Federal rate cut is also keeping the pair under pressure. The dollar index which measures the value of the USD relative to a basket of global currencies, retraces from a three-month high of nearly the 105.00 mark and hovers around 104.54. The US Treasury yields edge lower, with the 10-year yield standing at 4.26%. GBPUSD pair is sharply below January monthly close of $1.2715 and is seen headed for further decline. On the NSE, GBPINR is quoting along the flat line at 104.28 after hitting an intraday low of 104.22.