The Tata Group company reported 9.36% rise in standalone net profit to Rs 1,040 crore in Q3 FY24 as against Rs 951 crore reported in Q3 FY23.
Posts in category Business Standard
Nifty February futures trade at premium (01-02-2024)
NSE India VIX dropped 9.92% to 14.46.
Hong Kong Market recovers 0.52% on bargain buying (01-02-2024)
Also boosting sentiments was renewed bets that the Federal Reserve would resume monetary policy easing from May. The Fed kept its target range for funds rate at 5.25% to 5.5%, unchanged for a fourth straight meeting on Wednesday in Washington. The decision prompted traders to bets on a rate cut at the Feds third meeting in early May, after Chair Jerome Powell suggested it would be premature to do so in March.
Singapore Market ends 0.32% down (01-02-2024)
At closing bell, the Straits Times Index (STI) index was down 9.95 points, or 0.32%, to 3,143.06 after trading between 3,123.14 and 3,148.81. Volume of 1.35 billion shares worth S$1.04 billion changed hands. Across the broader market, decliners outpaced decliners 267 to 258.
China Market ends 0.6% lower (01-02-2024)
At close of trade, the benchmark Shanghai Composite index fell 0.64%, or 17.81 points, to 2,770.74. The Shenzhen Composite Index, which tracks stocks on China’s second exchange, dropped 0.46%, or 7.15 points, to 1,537.75. The blue-chip CSI300 index declined 0.9%, or 29.86 points, to 3,303.96.
Adani Ent hits 52-week high after Q2 PAT soars to Rs 1,888 cr (01-02-2024)
Adani Enterprises reported consolidated net profit to Rs 1,888 crore in Q3 FY24, steeply higher than Rs 820 crore in Q3 FY23.
Rupee hits two-week high, forward premiums choppy; volumes improve (01-02-2024)
The rupee ended at 82.9650 to the U.S. dollar, up from 83.0425 in the previous session. The currency hit its highest intraday level of 82.9325 since Jan 16
Titan Company consolidated net profit rises 16.48% in the December 2023 quarter (01-02-2024)
Sales rise 25.04% to Rs 13963.00 crore
Praj Industries consolidated net profit rises 13.02% in the December 2023 quarter (01-02-2024)
Sales decline 9.09% to Rs 828.62 crore
Rites consolidated net profit declines 14.24% in the December 2023 quarter (01-02-2024)
Sales rise 0.82% to Rs 682.89 crore