Posts in category Business Standard
Gold price rises Rs 10 to Rs 73,320, silver climbs Rs 100 to Rs 86,600 (16-04-2024)
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 73,160
Hathway Bhawani Cabletel & Datacom reports consolidated net loss of Rs 0.01 crore in the March 2024 quarter (16-04-2024)
Sales decline 5.71% to Rs 0.66 crore
GTPL Hathway reports consolidated net profit of Rs 13.18 crore in the March 2024 quarter (16-04-2024)
Sales rise 16.69% to Rs 807.98 crore
Atam Valves standalone net profit declines 18.79% in the March 2024 quarter (16-04-2024)
Sales decline 12.88% to Rs 17.25 crore
Rajoo Engineers consolidated net profit rises 31.35% in the March 2024 quarter (16-04-2024)
Sales decline 26.25% to Rs 52.68 crore
Hit Kit Global Solutions reports standalone net loss of Rs 2.57 crore in the March 2024 quarter (16-04-2024)
Sales rise 40.00% to Rs 0.07 crore
Nifty Bank, Nifty Financial Services charts signal downtrend in near-term (16-04-2024)
According to Ravi Nathani, an independent technical analyst, the Nifty Bank index can slide to 47,000 - 46,200 levels; while the Financial Services Index can dip to 20,800 - 20,600 levels.
Crude oil sheds more than $1 per barrel after Iran’s attack on Israel (15-04-2024)
Brent futures for June delivery fell 91 cents to $89.54 a barrel, a 1% loss, by 1:17 p.m. EDT (1717 GMT). U.S. crude futures for May delivery fell 87 cents to $84.79 per barrel, a 1% loss
Gold consolidates after hitting record high on West Asia tensions (15-04-2024)
Iran launched explosive drones and missiles at Israel late on Saturday in retaliation for a suspected Israeli attack on its consulate in Syria on April 1
HDFC MF divests 2% stake in VST Industries shares for Rs 122 crore (15-04-2024)
HDFC Mutual Fund on Monday sold a 2 per cent stake in VST Industries for Rs 122 crore through open market transactions.
According to the bulk deal data available with the BSE, HDFC Mutual Fund sold a total of 3,30,811 shares, amounting to a 2.14 per cent stake in VST Industries.
The shares were disposed of within the price range of Rs 3,690-3,690.38 apiece, taking the deal value to Rs 122.07 crore.
After the latest transaction, HDFC Mutual Fund's shareholding has declined to 3.7 per cent from 5.84 per cent (as of December 2023).
Meanwhile, Radhakishan Shivkishan Damani, promoter of Avenue Supermarts, bought 2.33 lakh shares or 1.5 per cent stake in VST Industries for Rs 86.24 crore.
The shares were acquired at an average price of Rs 3,689.96 apiece, taking the deal value to Rs 86.25 crore.
After the stakebuy, Radhakishan Damani becomes the largest shareholder of VST Industries.
As of December 2023, entities owned by Damani, including Bright Star Investments Pvt Ltd and Derive Tr