Posts in category Business Standard
Titan stock price drops 7% on May 06. Why brokerages have cut target price (06-05-2024)
Analysts attribute this margin miss to heightened competitive pressure due to a spike in gold prices
India’s Composite PMI Output Index At 61.5 In April (06-05-2024)
Wage pressures and higher food prices meanwhile led to another increase in cost burdens, which firms partially passed on to their customers. Charge inflation eased from March's near seven-year high, however.
MRPL tumbles as Q4 PAT drops 40% YoY to Rs 1,137 cr; GRM reduces to $11.35/ barrel (06-05-2024)
Mangalore Refinery & Petrochemicals (MRPL) slipped 5.43% to Rs 237.75 after the company reported 40.41% decline in standalone net profit to Rs 1,136.84 crore in Q4 FY24 from Rs 1,907.98 crore recorded in Q4 FY23.
Volumes soar at Britannia Industries Ltd counter (06-05-2024)
Britannia Industries Ltd recorded volume of 38926 shares by 10:46 IST on BSE, a 5.16 times surge over two-week average daily volume of 7538 shares
Titan Company slips after Q4 PAT drops 24% QoQ to Rs 786 cr (06-05-2024)
Titan Company declined 6.31% to 3,312.35 after the company's standalone net profit tumbled 24.42% to Rs 786 crore on 22.18% decrease in revenue from operations to Rs 10,047 crore for Q4 FY24 over Q3 FY24.
Real estate firm Godrej Properties zooms 8% on healthy rise in net profits (06-05-2024)
Godrej Properties posted a 14 per cent year-on-year (YoY) increase in its consolidated net profit, reaching Rs 471 crore for the quarter ending March 2024
CDSL jumps after Q4 PAT soars to Rs 129 cr; declares dividend of Rs 22/ share (06-05-2024)
Central Depository Services (INDIA) (CDSL) rallied 4.11% to Rs 2,165 after it reported consolidated net profit of Rs 129.25 crore in Q4 FY24, steeply higher than Rs 63.12 crore as compared with Rs 63.10 crore posted in Q4 FY24.
US Dollar Index Speculators Further Reduce Net Short Position (06-05-2024)
Large currency market speculators in the US dollar futures further reduced their net short position but continued to stay at their most bearish level since June 2021, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net position of -35 contracts in the data reported through April 30, 2024. This was a weekly reduction of 178 net short contracts.
Tata Tech slips after Q4 PAT slides to Rs 157 cr (06-05-2024)
Tata Technologies dropped 3.61% to Rs 1,046.65 after the IT firm reported 7.63% decline in consolidated net profit to Rs 157.24 crore in Q4 FY24 as compared with Rs 170.22 crore in Q3 FY24.
Nifty above 22,450 mark; broader market underperforms (06-05-2024)
At 10:30 IST, the barometer index, the S&P BSE Sensex, was up 237.99 points or 0.34% to 74,126.85. The Nifty 50 index added 12 points or 0.05% to 22,487.85.