The benchmark Nifty 50 jumped 4.06% in April, its best month since November, aided by the stable earnings as well the return of the FPIs into domestic equities
Posts in category Business Standard
Sebi to tell brokers, mutual funds to limit use of financial influencers (05-05-2023)
Sebi will ask brokers, traders registered with it and mutual funds to stop associating with financial influencers who are seen to be giving misleading advise and inducing investors, the report said
India’s gold demand in Jan-Mar drops by 17% due to high prices: WGC (05-05-2023)
Sharp rise in gold prices and volatility combined with fewer auspicious days to trigger consumption, has led to many households deferring buying perhaps in anticipation of a downward price correction
Global gold demand fell in 1st quarter amid reduced investor buying: WGC (05-05-2023)
Demand shot to an 11-year high in 2022 thanks to the biggest central bank on record. Gold prices, meanwhile, are near record highs above $2,000 an ounce
ITC increases stake in food brand Sproutlife to 39.42% for Rs 175 cr (05-05-2023)
Earlier in January this year, ITC had said that it would acquire 100% of Sproutlife Foods Private Limited, makers of Yoga Bar healthy foods
CEAT rallies over 5% in weak market on 5-fold jump in Q4 net (05-05-2023)
The tyre-maker reported 420.7 per cent surge in Q4 net profit to Rs 132.42 crore for the quarter ended March 2023 as against Rs 25.43 crore in the year ago period.
Investors book profit in BHEL; stock slides 7% after soaring 26% in a month (05-05-2023)
BHEL has bagged numerous orders over the past few months, keeping analysts bullish on the stock
Paytm shares rise 4% ahead of Q4FY23 results; here’s what brokerages expect (05-05-2023)
Goldman Sachs expects Paytm to report revenue growth of 49 per cent on a year-on-year basis
United Breweries hits 52-week low as high RM prices hurt Q4FY23 margins (05-05-2023)
So far this calendar year (CY23), the stock has crashed over 20 per cent, as against 0.1 per cent rise in the S&P BSE Sensex
Sundram Fasteners hits new life-time high; gains 5% on solid Q4 earnings (05-05-2023)
The company’s consolidated net profit grew by 19 per cent YoY to Rs 127.47 crore, backed by a 8.1 per cent rise in revenue.