Posts in category Economic Times
Tata Elxsi Q4 Results: Net down 4.5% QoQ to Rs 197 crore; company added 1,500 employees in FY24 (23-04-2024)
The engineering service provider also saw its Q4 revenue at Rs. 905.9 crore, down by 0.9% QoQ. This the first time after Q1 of FY21, where the company saw a sequential revenue decline. For the full fiscal its revenue grew by 13% on-year at Rs 3,552 crore.
Tata Consumer Q4 Results: Standalone net profit falls 47% YoY to Rs 144.81 crore (23-04-2024)
The company attributed the fall in net profit to higher exceptional costs such as Rs 72 crore as an impairment of investment in the subsidiary and Rs 53 crore as a fair value loss on financial instruments. The company’s consolidated net profit for the financial year ended March 2024 fell 4.4% to Rs 1150.33 crore from a year ago. The revenue increased by 10.3% to Rs 15205.85 crore compared to the same period.
Lava International plans to raise Rs 600 cr via IPO in FY26 (23-04-2024)
The company also plans to expand its manufacturing and R&D efforts, after starting to design its devices in-house. It is part of the government's production-linked incentive scheme, but has failed to qualify for incentives for the first two years of the scheme.
These 8 commodity stocks hit fresh 52-week highs; rallied up to 45% in a month (23-04-2024)
The significance of the 52-week high lies in showing a stock's highest value over the last year, which is important for traders and investors.
Ahead of Market: 10 things that will decide D-Street action on Wednesday (23-04-2024)
The NSE Nifty 50 settled 0.14% higher at 22,368, while the S&P BSE Sensex rose 0.12% to 73,738. They have gained about 1.7% each over the past three sessions.
Tesla shares rise 2.3% ahead of quarterly results (23-04-2024)
Shares of Tesla edged higher on Tuesday ahead of the electric car maker's first-quarter results, with analysts expecting its lowest gross profit margin in more than six years due to price cuts and slowing demand.
Market Trading Guide: Ircon International, GRSE among 4 stock recommendations for Wednesday (23-04-2024)
The weekly timeframe chart of Gujarat Fluorochemicals indicates a sharp uptrend over the last one month
Power Grid to infuse funds in National High Power Testing Laboratory; to hold 50 pc stake (23-04-2024)
State-owned Power Grid Corporation on Tuesday said it has inked a pact to infuse funds and take a 50 per cent stake in crisis-hit National High Power Test Laboratory Pvt Ltd (NHPTL). A supplementary joint venture agreement in this regard was signed on April 23, 2024, by shareholders of NHPTL, according to a regulatory filing.
US Treasury yields dip as business activity cools (23-04-2024)
U.S. Treasury yields dipped on Tuesday after data showed that U.S. business activity cooled in April to a four-month low, though trading ranges remained relatively tight before gross domestic product and inflation data later this week.