Posts in category Business Standard
Mahindra Life PAT soars to Rs 71 crore in Q4 FY24 (29-04-2024)
Mahindra Lifespace Developer reported consolidated net profit of Rs 71.50 crore in Q4 FY24, steeply higher than Rs 0.54 crore recorded in Q4 FY23.
SBFC Finance rises after Q4 PAT climbs 72% YoY to Rs 73 cr (29-04-2024)
SBFC Finance added 2.21% to Rs 92.45 after the NBFC's net profit jumped 71.7% to Rs 73.42 crore in Q4 FY234 as compared with Rs 42.76 crore posted in corresponding quarter last year.
Shiva Mills Ltd leads gainers in ‘B’ group (29-04-2024)
Medicamen Biotech Ltd, Shivalik Rasayan Ltd, Orissa Bengal Carrier Ltd and Aarti Surfactants Ltd are among the other gainers in the BSE's 'B' group today, 29 April 2024.
IREDA spurts after achieving Navratna status (29-04-2024)
Indian Renewable Energy Development Agency (IREDA) surged 7.76% to Rs 183.90 after the company was given 'Navratna status' by the government of India.
L&T Finance gains after Q4 PAT climbs 11% YoY to Rs 554 cr (29-04-2024)
L&T Finance rallied 3.82% to Rs 170 after the investment company reported 10.53% jump in consolidated net profit to Rs 553.88 crore in Q4 FY24 from Rs 501.08 crore posted in Q4 FY23.
Lloyds Engineering Works Ltd leads gainers in ‘A’ group (29-04-2024)
Supreme Industries Ltd, Aegis Logistics Ltd, Tejas Networks Ltd and Vaibhav Global Ltd are among the other gainers in the BSE's 'A' group today, 29 April 2024.
Why is BSE exchange upset about new Sebi order? An Explainer (29-04-2024)
The Bombay Stock Exchange will need to pay higher regulatory fee to the market regulator on complying with Sebi's direction on fee based on notional value. Here's all you need to know.
BSE slumps after SEBI directs recalculation of payable regulatory fees (29-04-2024)
Shares of BSE tumbled 16.03% to Rs 2,695.70 after market regulator Securities and Exchanges Board of India (SEBI) asked the exchange to pay the regulatory fee based on the notional value of its options contracts.
Bajaj Holdings gains as Q4 PAT doubles to Rs 2,716 cr (29-04-2024)
Bajaj Holdings & Investment (BHIL) added 1% to Rs 8231.70 after its consolidated net profit soared 101% to Rs 2,716.17 crore in Q4 FY24 from Rs 1,352.75 crore in Q4 FY23.
Expectations of future monetary policy trajectory impact stock markets more than rate announcements: RBI paper (29-04-2024)
Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement of the policy by the Reserve Bank, according to a working Paper titled, Equity Markets and Monetary Policy Surprises under the Reserve Bank of India Working Paper Series. According to a working paper prepared by RBI officials, the regulatory and development measures which are announced along with the monetary policy too impact the stock markets."...equity markets are affected more by the changes in the market's expectations of future monetary policy (path factor) than the policy rate surprise (target factor) which is in agreement with the conventional thinking that equity markets are forward-looking," the paper said. The paper studies the impact of monetary policy announcements on the returns and volatility in the BSE Sensex by decomposing changes in Overnight Indexed Swap (OIS) rates on policy announcement days into target and path factors. The ...