Self-drive car-sharing platform Zoomcar on Friday said it has raised USD 9.15 million (about Rs 76 crore) from institutional investors. The proceeds will be used for repayment of approximately USD 3.8 million in debt and the remaining amount for general corporate purposes and working capital needs.
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Tech View: Nifty short-term trend remains choppy, next support at 23,800. How to trade on Monday (08-11-2024)
Open interest (OI) data showed the highest OI on the call side at the 24,200 and 24,300 strike prices, while on the put side, the highest OI was at the 24,000 strike price, followed by 24,100.
Orient Cement Q2 Results: Profit slides 90% to Rs 2.32 cr, sales down 24% (08-11-2024)
CK Birla group firm Orient Cement Ltd on Friday reported a 90.5 per cent decline in net profit to Rs 2.32 crore for the second quarter ended September 2024. The company reported a net profit of Rs 24.62 crore for the July-September quarter a year ago.
Welspun Corp Q2 Results: Profit falls 27% to Rs 283 cr; board approves over Rs 2,000 cr investments (08-11-2024)
Welspun Corp on Friday reported around 27 per cent fall in consolidated net profit at Rs 282.96 crore for September quarter, mainly on account of fall in income. It had posted Rs 386.57 crore net profit for July-September 2023, the company said in an exchange filing.
These 8 consumer discretionary stocks hit 52-week highs, rallied up to 50% in a month (08-11-2024)
Despite the Sensex falling 55 points to 79,486, eight stocks from the BSE Consumer Discretionary Index reached 52-week highs. A 52-week high indicates a stock’s highest price in the past year.
Satin Creditcare Q2 Results: Profit slumps 60% to Rs 42 crore (08-11-2024)
Satin Creditcare Network’s Q2 net profit dropped 60% YoY to Rs 42 crore, amid stress in the microfinance sector. The company revised its growth outlook to protect asset quality, though operating profit rose 16.5% to Rs 191 crore.
Haldiram Bhujiwala raises Rs 235 crore (08-11-2024)
Snacks maker Haldiram Bhujiwala on Thursday said it has raised Rs 235 crore from Pantomath’s Bharat Value Fund (BVF) in lieu of a minority stake through private placement.
Gainers & Losers: RIL, Cochin Shipyard among 7 stocks in limelight on Friday (08-11-2024)
Dragged down by losses in realty, PSU, and oil & gas stocks, Indian equity markets extended their decline for the second straight session, erasing all gains made on the U.S. election results day.
Stock market update: Fertilisers stocks down as market falls (08-11-2024)
The 30-share BSE Sensex closed down 55.47 points at 79486.32
Share market update: Most active stocks in today’s market in terms of volume (08-11-2024)
The NSE Nifty index closed 51.15 points down at 24148.2