Posts in category Business Standard
eMudhra consolidated net profit rises 32.66% in the March 2024 quarter (29-04-2024)
Sales rise 29.79% to Rs 99.69 crore
Sensex soars 941 pts, Nifty ends near 22,650, ICICI Bank soars over 4% (29-04-2024)
Equity bulls charged out of the gate today! The Nifty soared past 22,600, fueled by rally in banks shares. Positive earnings from US tech giants and a dip in US bond yields supported the sentiment. While realty and IT stocks lagged behind, overall sentiment remains optimistic thanks to easing Middle East tensions and stable corporate earnings. All eyes are on the upcoming Fed policy decision and US jobs data as market's next move hinges on them.
Satin Creditcare spurts after Q4 PAT climbs 33% YoY (29-04-2024)
Satin Creditcare Network rallied 6.19% to Rs 269.40 after the company's net profit jumped 32.71% to Rs 125.28 crore on 54% increase in total income to Rs 593.91 crore in Q4 March 2024 over Q4 March 2023.
INR Slides As Investors Turn Cautious Ahead Of FOMC (29-04-2024)
The Indian rupee declined 10 paise to close at 83.48 (provisional) against the US dollar on Monday, as investors remained cautious ahead of the US Federal Reserve's monetary policy decision. Investors are eying FOMC due this week as economic data indicates that inflationary pressures are staying firm. Data from the Commerce Department showed the Federal Reserve's preferred measure of inflation, the personal consumption expenditures price index, exceeded expectations on an annual basis in March. The report said the annual rate of consumer price growth accelerated to 2.7% in March from 2.5% in February. US benchmark treasury yields are staying elevated at 4.6% and dollar index hovers very close to 106 mark. Meanwhile, a robust sentiment in the domestic equity market and softening crude prices in the international market, cushioned the downfall in the Indian currency. The benchmark S&P BSE Sensex ended the session up 941.12 points, or 1.28 percent, at 74,671.28 after U.S. equities ..
Sumeru Industries reports standalone net loss of Rs 0.07 crore in the March 2024 quarter (29-04-2024)
Reported sales nil
Poonawalla Fincorp consolidated net profit rises 67.21% in the March 2024 quarter (29-04-2024)
Sales rise 58.65% to Rs 915.00 crore
Coromandel International starts establishment of Rs 1000 cr phosphoric and Sulphuric acid complex (29-04-2024)
At Kakinada, Andhra Pradesh
Aurum Proptech reports consolidated net loss of Rs 4.52 crore in the March 2024 quarter (29-04-2024)
Sales rise 31.86% to Rs 59.81 crore
Wipro’s Lab45 launches its own Think Tank (29-04-2024)
For development and implementation of emerging technologies
Audit fees paid by NSE companies rose 6% in 2022-23, EY Group got highest (29-04-2024)
The average audit fee in India was Rs 0.93 crore per company in FY23, up from Rs 0.91 crore in FY22