ONGC Q2 Results: The board has announced a first interim dividend of Rs 6 per equity share with a face value of Rs 5 for the 2024-25 financial year. November 20 has been set as the record date to determine shareholder eligibility for the dividend payment.
Posts in category Economic Times
Sebi mulls process to seek waiver of interest on penalty payment (11-11-2024)
Markets regulator Sebi on Monday proposed a procedure for seeking a waiver or reduction of interest concerning recovery proceedings initiated by it for failure to pay penalty. Under the proposal, the regulator suggested that the applicant’s requests for waiver/reduction should be submitted to the relevant Recovery Officer, with documentation supporting the fulfilment of three criteria from Section 220(2A) of the Income Tax Act, 1961. Section 220(2A) allows the waiver or reduction of this interest under specific conditions.
Britannia Industries Q2 Results: PAT falls 10% YoY to Rs 531 crore, revenue up 5% (11-11-2024)
Britannia Industries Q2 Results: FMCG player Britannia Industries Ltd on Monday reported 10% decline in its consolidated net profit at Rs 531 crore in the quarter ended September 2024. It was Rs 588 crore in the year-ago quarter.
Bank of India Q2 Results: Profit jumps 63% to Rs 2,374 crore (11-11-2024)
Bank of India (BoI) on Monday reported a 63 per cent jump in net profit to Rs 2,374 crore for the second quarter ended on September 30, 2024, on higher non-interest income. The public sector bank had a net profit of Rs 1,458 crore in the quarter ended in September 2023.
NMDC announces 2:1 bonus issue as Q2 profit rises 23% YoY to Rs 1269 crore (11-11-2024)
Bonus shares are fully paid additional shares that a company issues to its existing shareholders at no extra cost. The quantity of bonus shares received depends on the number of shares a shareholder already owns in the company.
Gold declines Rs 450 to Rs 79,550 per 10 grams; silver plunges Rs 600 (11-11-2024)
Gold prices declined by Rs 450 to Rs 79,550 per 10 grams in the national capital on Monday amid weak trends in the international markets, according to the All India Sarafa Association. On Friday, the yellow metal had settled at Rs 80,000 per 10 grams.
Coca-Cola India FY24 Results: Profit falls 42% to Rs 420.29 crore, revenue rises 4% (11-11-2024)
Beverages major Coca-Cola India’s consolidated profit fell 41.82 per cent to Rs 420.29 crore in FY24 while its revenue rose 4.24 per cent to Rs 4,713.38 crore, according to the company’s filing to RoC (Registrar of Companies).
PG Electroplast Q2 net profit jumps 57% to Rs 19 crore on robust demand (11-11-2024)
PG Electroplast reported a 57.2% YoY jump in Q2 net profit to Rs 19.47 crore. Revenue grew 45.8% YoY to Rs 671.30 crore. Operating margins improved to 3.1% from 2.7%. The company plans to invest Rs 370-380 crore in FY25 for two new greenfield facilities and expanding existing ones.
Stock market update: Sugar stocks down as market rises (11-11-2024)
The 30-share BSE Sensex closed up 9.83 points at 79496.15
Stock market update: Nifty Bank index 0.61% (11-11-2024)
The Nifty Bank index closed 0.61 per cent at 51876.75.