Posts in category Business Standard
Happy Forgings wins multi-year export order for supply of axle components for e-SUVs (03-05-2024)
The value of the order is approximately Rs 50 crore per annum on fully ramped up supply volume and approximately Rs 320-350 crore for the entire period.
Market sell-off continues; IT shares tumble (03-05-2024)
At 11:25 IST, the barometer index, the S&P BSE Sensex, declined 458.84 points or 0.60% to 74,159.23. The Nifty 50 index fell 97.70 points or 0.43% to 22,550.50
CEAT slips as Q4 PAT slides 19% YoY; declares dividend of Rs 30/ share (03-05-2024)
CEAT declined 3.87% to Rs 2,519.35 after the company's consolidated net profit fell 18.80% to Rs 108.56 crore in Q4 FY24 as compared net to Rs 133.70 crore posted in corresponding quarter last year.
CEAT stock plunges 9% as Q4 net misses Street expectations (03-05-2024)
CEAT stock reacts to Q4 earnings; CEAT March quarter net dipped 23 per cent YoY to Rs 102 crore as against the Bloomberg analyst expectations of Rs 169 crore.
Coforge slips 10% post Q4 results, acquisition of Cigniti Technologies (03-05-2024)
The stock of Coforge is trading at its lowest level since June 2023. With today's decline, it corrected 34 per cent from its 52-week high of Rs 6,840 touched on February 19, 2024
Intellect Design Arena appoints Rajesh Mehta to its Growth Advisory Board (03-05-2024)
Rajesh Mehta is a distinguished professional with a notable career in corporate and transaction banking. During his long tenure at Citi, one of the world's leading financial institutions, he ran large, regional
transactional banking businesses in Asia, Latin America, Africa, Europe, and the Middle East.
Volumes jump at Ajanta Pharma Ltd counter (03-05-2024)
Ajanta Pharma Ltd witnessed volume of 39704 shares by 10:46 IST on BSE, a 10.56 times surge over two-week average daily volume of 3761 shares
97.76% of Rs 2000 currency notes returned, Says RBI (03-05-2024)
The Reserve Bank of India (RBI) on Thursday said 97.76 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,961 crore worth of the withdrawn notes are still with the public. On May 19, 2023, the RBI announced the withdrawal of Rs 2000 denomination banknotes from circulation. The total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of the high value banknotes was announced, has declined to Rs 7,961 crore at the close of business on April 30, 2024, the Reserve Bank said in a statement. The ₹2000 banknotes continue to be legal tender, RBI noted.
BHEL, ONGC, NTPC, SAIL rally up to 9% on May 03. What’s behind the rise? (03-05-2024)
At 10:08 am; the CPSE index, the top gainer among broader indices, was up 1.4 per cent, as compared to 0.16 per cent rise in the S&P BSE Sensex
Indices pare all early gains; metal shares rally for 2nd day (03-05-2024)
At 10:28 IST, the barometer index, the S&P BSE Sensex, declined 152.31 points or 0.21% to 74,465.75. The Nifty 50 index fell 18 points or 0.08% to 22,630.20.