Posts in category Economic Times
Bandhan Bank Q4 Results: Net profit slumps 93% YoY to Rs 55 crore (17-05-2024)
Sharply higher provisioning dragged Bandhan Bank's March quarter net profit down by 93% at Rs 55 crore against Rs 808 crore in the year-ago period.
Trent, Bharat Electronics likely to replace LTI Mindtree and Divi’s Lab in Nifty: Nuvama (17-05-2024)
The possible changes would lead to an inflow of Rs 3,500 crore into Trent and Rs 3,000 crore into Bharat Electronics, the brokerage said.
Why is the stock market open this Saturday? Timings, what to expect and key things to know (17-05-2024)
Both equity cash and derivative markets will conduct special trading in two sessions on Saturday. This is the third instance of such Saturday sessions this year — the previous two being in January and March.
Franklin Templeton MF adds Bharti Hexacom, Just Dial in April, exits Bharat Forge, Aditya Birla Fashion & Retail (17-05-2024)
Here is what Franklin Templeton Mutual Fund bought and sold from its portfolio in April.
GSK raises $1.5 billion from sale of remaining Haleon stake (17-05-2024)
British drugmaker GSK has raised 1.25 billion pounds ($1.52 billion) from a sale of its remaining stake in consumer healthcare company Haleon to institutional investors.
GameStop tumbles 24% on capital raise plans after meme stocks frenzy this week (17-05-2024)
Retail darling GameStop slumped 24% on Friday, after the struggling videogame retailer said it would sell up to 45 million shares, taking advantage of the meme stocks frenzy that took hold this week.
Gold heads for second weekly gain, silver hits 11-year high (17-05-2024)
Gold prices were on track for a second consecutive weekly gain on Friday due to improved interest rate cut expectations, providing support to silver which broke through the $30 milestone and hit an 11-year high.
LT Foods Q4 Results: Net profit rises 14% YoY on strong sales (17-05-2024)
LT Foods, owner of basmati rice brands 'Daawat' and 'Royal', on Friday posted a 14 per cent jump in consolidated net profit at Rs 150.24 crore for the fourth quarter of fiscal 2023-24 on robust sales. The company's profit stood at Rs 131.81 crore a year earlier.
Zydus Q4 Results: Net profit surges 4-fold to Rs 1,182 crore; revenue at Rs 5,534 cr (17-05-2024)
Zydus Lifesciences on Friday said its consolidated net profit surged four-fold to Rs 1,182 crore for the fourth quarter ended March 31, 2024 on higher sales. The drug firm had reported a net profit of Rs 297 crore in the January-March quarter of the 2022-23 fiscal.
Sobha Q4 Results: Net profit down 86% YoY to Rs 7 crore (17-05-2024)
Realty firm Sobha Ltd on Friday reported 86 per cent decline in consolidated net profit to Rs 7.02 crore for the quarter ended March 2024 on lower income. Its net profit stood at Rs 48.57 crore in the year-ago period.