Posts in category Business Standard
Market meltdown: Nifty crashes below 22,000 as investor jitters mount (09-05-2024)
The domestic stock market plunged today, with the Nifty 50 crashing below the crucial 22,000 level. A perfect storm of anxieties - election uncertainty, relentless selling by foreign investors, lackluster corporate earnings, and spiking oil prices - clobbered investor sentiment. While the Nifty Auto index defied the carnage, roaring to a record high, most other sectoral indices drowned in the sea of red. Oil & gas, metals, and FMCG stocks bore the brunt of the selling. The expiry of weekly index options injected a shot of volatility into the market.
Gopal Snacks standalone net profit declines 4.15% in the March 2024 quarter (09-05-2024)
Sales rise 6.60% to Rs 350.96 crore
Trishakti Industries reports consolidated net profit of Rs 0.21 crore in the March 2024 quarter (09-05-2024)
Sales rise 669.14% to Rs 53.84 crore
Escorts Kubota Q4 PAT grows 31% YoY to Rs 242 cr (09-05-2024)
The tractor maker's standalone net profit jumped 30.52% to Rs 242.07 crore in Q4 FY24 as against Rs 185.47 crore posted in Q4 FY23.
ID Info Business Services reports standalone net loss of Rs 0.01 crore in the March 2024 quarter (09-05-2024)
Reported sales nil
Gujarat Inject (Kerala) standalone net profit rises 300.00% in the March 2024 quarter (09-05-2024)
Sales reported at Rs 5.42 crore
Relaxo Footwears standalone net profit declines 3.02% in the March 2024 quarter (09-05-2024)
Sales decline 2.32% to Rs 747.21 crore
Shree Precoated Steels reports standalone net loss of Rs 0.17 crore in the March 2024 quarter (09-05-2024)
Reported sales nil
Medico Remedies standalone net profit rises 75.14% in the March 2024 quarter (09-05-2024)
Sales rise 47.62% to Rs 41.32 crore
NSE SME IPO of Energy-Mission Machineries (India) subscribed 4.64 times (09-05-2024)
The offer received bids for 1.38 crore shares as against 29.82 lakh shares on offer.