Posts in category Economic Times
Indian Hotels Q4 Results: Cons PAT jumps 27% YoY to Rs 418 crore (24-04-2024)
The revenue from operations stood at Rs 1,951 crore for the reported quarter, higher by 18% from Rs 1,625 crore posted in Q4FY23. On a quarter-on-quarter (QoQ) basis, it was down by 3% over Rs 1,964 crore reported in the October-December quarter.
Motilal Oswal effects leadership changes for AMC biz, elevates Prateek Agrawal as MD and CEO (24-04-2024)
Motilal Oswal AMC has a turnaround in performance with 90% of the total schemes outperforming their respective benchmarks. This has led to an improvement in assets under management (AUM) to Rs 71,810 crore in March 2024 from Rs 45,712 crore in March 2023.
Exide Industries, Vodafone Idea among 4 stocks with top long unwinding (24-04-2024)
In Wednesday's trading session, four stocks witnessed a top long unwinding.
Equitas Small Finance Bank Q4 Results: PAT jumps 9% YoY to Rs 208 crore (24-04-2024)
The bank's net interest margin for the quarter fell to 8.17% as compared with 9.10% in the year-ago period on account of 83 basis points higher average cost of funds at 7.44% while yield on advances remained flat at 17%.
Making losses in options trading? Zerodha co-founder Nithin Kamath shares a pro tip (24-04-2024)
A key advantage of these strategies is the limitation of losses. Regardless of market fluctuations or extreme events, such as circuit breakers or geopolitical turmoil, losses are capped at a predetermined amount.
Weak pricing drags Dalmia Bharat even as sales volume jump (24-04-2024)
Dalmia Bharat saw its operating profit made of each tonne of cement sold fall by more than a fifth in the March quarter as weak pricing overshadowed the volume growth clocked in by the cement-maker.
US stocks open higher on tech boost, earnings glee (24-04-2024)
The Dow Jones Industrial Average rose 49.1 points, or 0.13%, at the open to 38,552.79
Canadian pension fund looks to trim stake in Delhivery via $110 million block deal: Report (24-04-2024)
According to exchange data, CPPIB currently holds 5.96% stake in the firm, which is also backed by the likes of Nexus Ventures, Steadview Capital, Softbank, and Fedex.
AU Small Finance Bank Q4 Results: Profit falls 13% YoY to Rs 371 crore (24-04-2024)
The bank has taken a one-time pre-tax exceptional impact of Rs 77 crore in the fourth quarter towards Fincare merger-related expenses including stamp duty. The bank’s board has recommended a dividend of Re 1 per equity share of face value of Rs 10 for FY24.
Tech View: Nifty forms Doji candle ahead of monthly expiry. What traders should do on Thursday (24-04-2024)
Going ahead, 22,500 level remains a significant resistance on the monthly expiry day, but a sustained trade above 22,500-22,550 could trigger further upward movement, potentially driven by contract adjustments.