Posts in category Economic Times
Trent Q4 Results: Net profit surges five times to Rs 654 crore on exceptional income of Rs 543 crore (29-04-2024)
In its filing, Trent said that this exceptional income is because the company had entered into a substantial number of lease contracts for store operations. The company reassessed the estimates of assets and lease liabilities, which resulted in an exceptional gain for the quarter amounting to Rs 543.35 crore.
Can Fin Homes Q4 Results: Net profit rises 26% YoY to Rs 209 crore (29-04-2024)
The board of the company has also approved raising up to Rs 2100 crore by selling non-convertible debentures. This was part of the undrawn limit of the Rs 4000 crore fundraising plan approved by the shareholders in July last year.
Spandana Sphoorty Financial Q4 Results: Net profit rises 22% YoY to Rs 129 crore (29-04-2024)
Its quarterly net interest margin, a key profitability metrics, improved to 14.6% from 13.9% seen in the year ago quarter. This was helped by a lower incremental cost of borrowing to 11.7% for the quarter while the average cost of funds was 12.2% for FY24.
RBI issues draft framework for electronic trading platforms (29-04-2024)
The Reserve Bank of India on Monday proposed a revised regulatory framework for Electronic Trading Platforms (ETPs) in the wake of increased integration of the onshore forex market with offshore markets.
Ahead of Market: 10 things that will decide D-Street action on Tuesday (29-04-2024)
Indian shares rose on Monday as gains in the second-largest private lender ICICI Bank on better-than-expected quarterly profit spurred a rise in heavyweight financials.
UCO Bank Q4 Results: PAT drops over 9% YoY to Rs 526 crore (29-04-2024)
Total income earned in the reported quarter stood at Rs 6,984.61 crore, up 17% from Rs 5,946.94 crore reported in the year-ago period. The PSU bank's board also recommended a dividend of Rs 0.28 per equity share.
These 4 FMCG stocks hit fresh 52-week highs; rallied up to 67% in a month (29-04-2024)
This measure helps evaluate a stock's current worth and predict possible price changes in the future.
NSE board to consider issuance of bonus shares this Friday (29-04-2024)
On the day, the board of directors will consider and approve the annual audited financial results on the standalone and consolidated basis for the year ended as on March 31, 2024. It is also expected to recommend the final dividend for the financial year 2023-24.
Sebi gives nod to ICRA’s arm to provide ESG ratings (29-04-2024)
Capital markets regulator Sebi has given approval to ICRA's subsidiary Pragati Development Consulting Services Ltd (PDCSL) to provide environmental, social, and governance (ESG) ratings.