Aravind Maiya, the CEO of Embassy Office Parks Management Services that manages Embassy REIT, will step down from his post following market regulator Sebi’s direction to suspend him and appoint an interim CEO immediately.
Posts in category Economic Times
Titan Q2 Results: Profit drops 25% due to gold duty loss (05-11-2024)
Tata Group’s jewellery, watches and eyecare retail arm Titan Company posted a 25% year-on-year fall in standalone net profit to Rs 705 crore in the second quarter ended September 2024 as compared to Rs 940 crore in the corresponding quarter previous year.
Swiggy IPO: Here’s how it stacks up against Zomato (05-11-2024)
Swiggy is in competition with Zomato in food delivery, quick commerce and dining out. Here’s how they stack up
Govt to sell up to 2.5% stake in Hindustan Zinc through OFS (05-11-2024)
The union government on Tuesday proposed to sell up to 2.5% stake in Hindustan Zinc through an offer for sale (OFS), which opens on November 6. The floor price for the same is fixed at Rs 505 apiece, which is nearly 10% discount to the current market price.
GAIL Q2 Results: PAT rises 11% YoY to Rs 2,672 crore (05-11-2024)
GAIL reported an 11% increase in standalone net profit for Q2 FY25, reaching Rs 2,672 crore. Revenue from operations saw a 3% rise, reaching Rs 32,931 crore. The company achieved an EBITDA of Rs 3,937 crore with margins at 11.6%. GAIL recorded its highest-ever half-yearly EBITDA, PBT, and PAT in H1 FY25.
These 6 stocks hit fresh 52-week highs, rallied up to 24% in a month (05-11-2024)
A 52-week high marks the peak price a stock has reached over the past year, providing valuable insights for traders and investors alike.
Dollar slips as FX traders gird for US election outcome (05-11-2024)
The dollar eased on Tuesday as traders squared positions ahead of what is expected to be a close U.S. presidential election, while options volatility soared after recent polls dented some market bets on a victory for Republican Donald Trump.
Berger Paints Q2 Results: Profit declines 7.6% to Rs 270 crore (05-11-2024)
Coatings major Berger Paints India on Tuesday reported a 7.6 per cent decline in consolidated net profit to Rs 270 crore for the second quarter of the 2024-25 fiscal. The company posted a net profit of Rs 292 crore in the same quarter of the last financial year.
Turnaround Story: 5 stocks shift from loss to profit in September Quarter YoY (05-11-2024)
Based on StockEdge profitability scan data, we highlight the top 5 stocks in the Nifty500 index that reported net profits in the September quarter, reversing the net losses seen in the same quarter last year.